Craglist victory over eBay


	Craglist victory over eBay

turpak

8-27-2009 6:45 PM

791 views

turpak says:

Because Craiglist serves the market for almost zero cost, there is not a market that can support a bigger competitor

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/1542cd0a-fbd8-4ab5-85c4-9b2efb6b9486/7D58A0FA-5B67-496E-B081-A7797F338C10/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.wired.com/epicenter/2009/08/craigslist-vs-ebay/" href="http://www.wired.com/epicenter/2009/08/craigslist-vs-ebay/" style="font-size: 11px;">www.wired.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.wired.com/epicenter/2009/08/craigslist-vs-ebay/"><P>First, let’s turn the question around, and list some assumptions about the way things are supposed to work. Why does big usually beat small? Over time, a bigger and richer competitor is going to produce more new features, engage in more aggressive marketing, reward intermediaries more generously, influence and exploit government regulation, and engage in legal conflicts that tax the resources and attention of its rivals. Also, of course, a bigger firm can often simply buy out a smaller competitor.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.wired.com/epicenter/2009/08/craigslist-vs-ebay/"><div align="center"><img src="http://content7.clipmarks.com/blog_cache/www.wired.com/img/5B577D78-021C-409D-BA5B-08333DBDEFA4" alt="ebay-2010-classifed-market-size-estimate" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.wired.com/epicenter/2009/08/craigslist-vs-ebay/"><div align="center"><img src="http://content8.clipmarks.com/blog_cache/www.wired.com/img/1C24878F-3CB9-4CF5-A57E-F03B3E1EF630" alt="ebay-2005-2008-classified-revenue1" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.wired.com/epicenter/2009/08/craigslist-vs-ebay/"><div align="center"><img src="http://content9.clipmarks.com/blog_cache/www.wired.com/img/9C0BB111-B3B7-430C-A565-366186E3D462" alt="ebay-monetizing-classifieds1" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.wired.com/epicenter/2009/08/craigslist-vs-ebay/">Add the entire <A href="http://www.wolframalpha.com/input/?i=what+is+the+adult+population+of+north+america">adult population of the United States, Canada and Mexico</A>, and you barely top $1 billion. And that’s the total market size in terms of revenue, not earnings, seen through the lens of Craigslist</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.wired.com/epicenter/2009/08/craigslist-vs-ebay/">eBay</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.wired.com/epicenter/2009/08/craigslist-vs-ebay/">its subsidiary PayPal, eBay is competing in the 600 billion online payments market, and with its subsidiary Skype it is competing in the $1.4 trillion online communications market</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.wired.com/epicenter/2009/08/craigslist-vs-ebay/">craigslist</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.wired.com/epicenter/2009/08/craigslist-vs-ebay/">His victory over eBay illustrates the paradoxical power of demonetization</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/7D58A0FA-5B67-496E-B081-A7797F338C10/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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