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Australian social enterprise Thank You launches in New Zealand

  • News
  • June 15, 2018
  • Sarah Dunn
Australian social enterprise Thank You launches in New Zealand

Thankyou sells personal care products, bottled water, baby care and nappies, but it also sells a compelling narrative of social responsibility. It’s just launched in New Zealand and is set to shake up its competitors in mass-market FMCG.

Thankyou’s range of products launched today in New Zealand, and are available at Foodstuffs’ New World, Pak’n Save and Four Square outlets. So far, only part of its personal care range is launched, but its baby range will follow within a few months.

Thankyou was founded as a bottled water company in 2008 by Daniel and Justine Flynn and Jarryd Burns as teenagers. In Australia, Thankyou has over 50 products available in 5500 outlets. New Zealand is its first new market outside Australia.

The company is owned by the Thankyou Charitable Trust, which distributes 100 percent of the business’s profits to charity partners to fund sustainable development projects to help end global poverty. It has no private shareholders or investors. Its current global partners include World Vision, One Heart World-Wide, Care, Splash, Unicef and Oxfam, and it’s also been linked to faith-based groups like the Salvation Army and Samaritan’s Purse.

It cut ties with Samaritan’s Purse in 2013 after it was revealed the controversial evangelical Christian organisation had been using 78 percent of its budget on religion-oriented activities in developing countries, allocating only 11 percent to aid and disaster recovery. Thankyou had given up to 30 percent of its profits to Samaritan’s Purse since 2010.

Its website says it’ll announce New Zealand project partners in 12 months’ time.

Thankyou’s launch in New Zealand was partially funded by sales of its book, Chapter One. The crowdfunded book was sold with a ‘pay-what-you-want’ structure, reporting that two New Zealanders paid $5,000 each for a book. Over a million dollars was raised for the launch within a month.

The company is known for its practice of using social media to directly lobby stockists, mobilising its Facebook followers to post on 7-Eleven Australia’s page to secure its first retailer in 2011. Thankyou repeated the tactic with Coles and Woolworths two years later with an online petition, even getting two fans to buzz Coles’ and Woolworths’ head offices with helicopters.

Thankyou is currently encouraging Kiwi shoppers to “take meaningful action” to boost its sales during its first 13 weeks in New Zealand. It’s gifted newsletter subscribers with a key on a necklace inscribed with the word ‘dream’, which, Daniel Flynn says, is a call to action:

“We’re asking you to dream for Thankyou. This is a little reminder, can you dream big about what you can do to raise awareness over these next 13 weeks and beyond in your school, in your workplace, online and in your platform, whatever influence you have, big or small.”

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What the investment community thinks Kiwi businesses lead on the world stage with

  • News
  • July 16, 2019
  • Idealog
What the investment community thinks Kiwi businesses lead on the world stage with

Every business goes through a life cycle: start-up, growth, maturity and renewal, rebirth or decline. Once you’ve made it past the juicy, creative ideation stage and into the growth and maturity stage, the time for many comes to seek investment. But what do investors look for beyond a commercial return? And what do investors think New Zealand companies excel at when compared to our neighbouring countries around the world? Executive director of the Angel Association of New Zealand Suse Reynolds shares her top tips for those who are looking for investment.

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Foodstuffs’ Baden Ngan Kee has passed away

  • Who's Where
  • July 16, 2019
  • The Register team
Foodstuffs’ Baden Ngan Kee has passed away

Foodstuffs has announced that its former executive Baden Ngan Kee has passed away after a battle with lung cancer.

Read more
 
 

2 Cheap Cars fined $438,000 under the Fair Trading Act

  • News
  • July 14, 2019
  • The Register team
2 Cheap Cars fined $438,000 under the Fair Trading Act

Used car dealer 2 Cheap Cars has been fined $438,000 for its use of “warranty waiver” documents and marketing statements described as “deliberately misleading”.

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Zavy and The Register have worked together to create a scoreboard that compares how the top 25 traditional media advertising spenders in New Zealand have performed on social media over the past 30 days, updated in real time.

 
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Retail's new best friend

  • In association with the IHA Global Innovation Awards (GIA)
  • July 13, 2019
  • Anne Kong
Retail's new best friend

As the heart and soul of retailing further evolves, stores and the essence of shopping will continue to morph in unimaginable ways. However, amidst the storm of change, there is one aspect of shopping that remains pure, constant and motivational – the aspirational moment. Anne Kong, member of the GIA expert jury, shares her thoughts.

Read more
 
 

Bendon looks to sell brands after financing falters

  • News
  • July 12, 2019
  • Radio New Zealand
Bendon looks to sell brands after financing falters

Bendon lingerie is looking to sell some of its brands as the future of the company becomes more uncertain.

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Smirnoff Pure helps Kiwis discover local artists with Spotify partnership

  • News
  • July 11, 2019
  • Caitlin Salter
Smirnoff Pure helps Kiwis discover local artists with Spotify partnership

The music we love is made up of many influences, including where we live. In its latest campaign, Smirnoff Pure and YoungShand tapped into the unique vibes of New Zealand and set out to help Kiwis discover the music that moves the cities and suburbs they call home.

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