Australian Entrepreneur has High Hopes in U.S. for 2010

SOC Exchange Founder Lagudi Optimistic as G'Day USA: Australia Week Takes Place

Jan 19, 2010, 11:00 ET from The SOC Exchange

NEW YORK, Jan. 19 /PRNewswire/ -- As activities surrounding G'Day USA: Australia Week 2010 begin, one Australian business leader is extremely optimistic not only about his business,, but for other Aussie entrepreneurs attempting to break into the lucrative U.S. market. Lagudi launched his online marketplace just last year in an attempt to offer consumers a more attractive means of buying and selling products online, without the extreme costs and commissions associated with many other online selling sites.

"We've had a very successful entry into the United States and look forward to continued success here as more and more consumers become aware of the distinct benefits offered with our exciting site," says Lagudi. "I hope more Australian entrepreneurs join us in taking advantage of the myriad of business opportunities in the U.S.," he adds.

According to its official web site, G'Day USA: Australia Week is an annual celebration of Australian capability in the world's most prosperous economy. In the seven years since it first launched, it has successfully tapped into the depth of Australian-American relations to change perceptions of Australia in the U.S., encourage trade and to strengthen and deepen the bonds between the two countries.

Australian-born Lagudi saw a significant market opportunity for an online marketplace that provided its customers with an opportunity to buy and sell online for a flat fee of $10 per year and it has been well accepted by American and Australian consumers alike who are looking for the very best value.

"We created to give consumers a way to leverage online e-commerce opportunities to maximize profits, which explains our flat fee of $10 per year. This is particularly important given the tough economic times that the U.S. public has been suffering through in recent months, " Lagudi contends.

Since the site's official launch, Lagudi has upgraded the services and capabilities on This includes an easy-to-use and convenient wish list and invite functions as well as adding portals for Careers, Real Estate and Auto.

About The SOC Exchange

The SOC Exchange is an e-commerce site founded in 2008 that allows the online sale of an unlimited number of goods for a flat subscription fee of $1 per month or $10 per year. The site collects no additional commissions or listing fees and provides each seller with their own webstore, customized URL and an extensive collection of online marketing tools to maximize sales. offers its online platform for general buy and sell, careers, auto and real estate as well as invitation and wishlist functions. For more information, please visit

SOURCE The SOC Exchange