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Good find. I'm surprised they haven't been disrupted already. The only real secret sauce they've got is a huge amount of traffic. How could you ever compete wi
by t0 14y ago
Good find.
I'm surprised they haven't been disrupted already. The only real secret sauce they've got is a huge amount of traffic. How could you ever compete with a household name where success is determined by traffic and volume?
- radicalbyte 14y agoIn The Netherlands ebay were beaten by http://www.marktplaats.nl http://www.marktplaats.nl. They offer free listings for most things, and are extremely popular. Ebay bought them in 2004 for nearly $300m, but they've yet to scrap the free listings..
- derefr 14y agoI wonder if Craigslist could just suddenly decide to violently weld auctions into its listings?
- thenextcorner 14y agoYou really think Craigslist is able to disrupt this vertical. When was the last time you saw something innovating coming out of Craigslist?
- magnusmorton 14y agoIsn't Craigslist part owned by eBay?
- pisarzp 14y agoOnce you have a leading position in this markets it's very hard to change it. The network effects and chicken-egg problem gives you huge competitive advantage. In Poland we had ebay clone (allegro.pl) several years before ebay. Then ebay tried to enter the market several times, failed each time. There also were several other startups trying to conquer this space with much lower fees, but they also failed.