Member Article

North East entrepreneur launches digital startup to rival eBay and Groupon

After twelve months of development, North East entrepreneur Gavin Whittaker has launched Tickhit, a new buying and selling platform intended to rival the likes of eBay and Groupon.

The Gateshead-based business works on a ‘prize draw structure’. Users buy one of thirty nine numbered tickets in a bid to grab a deal for a tiny fraction of its full price, with the winner being determined by the Irish Lottery bonus ball.

The structure means that brands and retailers receive the full value of any given deal, ensuring deals don’t negatively impact the business’ bottom line and are not detrimental to a brand’s image.

The platform also enables users to buy and sell their own new and used goods, with a one in thirty nine chance of winning a prize draw on the website.

However, users are not restricted to buying just a single ticket for either brand or consumer deals, giving the public as much buying power as they wish.

Gavin, who is currently looking for new headquarters in Newcastle to expand their workforce as the company grows, commented: “This has been such an exciting project to work on.

“With the launch of the website this month and with so much interest from varying sectors from hospitality to even car dealers, I believe Tickhit will soon be the new national online buying craze for consumers as the feedback ahead of the launch has been phenomenal.”

Newcastle Law Firm Mincoffs Solicitors provided advice to Tickhit. Matt Foster, Partner and Head of Licensing, said: “Mincoffs have worked closely with Gavin in relation to his project and wish him every success with its future development.”

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