EBAY Classified vs Craiglist - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Marketplace Discussions > eBay Discussion!

eBay Discussion! EBay Forum. News, Updates, or Anything eBay is Welcome. A kind of lounge if you will.

Reply
 
Thread Tools
  #1  
Old 10-02-2008
BooMer's Avatar
Executive [VIP]
 
Join Date: Feb 2008
Posts: 376
Thanks: 7
Thanked 81 Times in 43 Posts
Activity: 1%
Longevity: 92%
iTrader: (0)
Default EBAY Classified vs Craiglist

I read about this briefly on wikipedia about craiglist and now I'm reading about it in TheWallStreetJournal

It seems Ebay is afraid that Craiglist is going to take over. I hope Craiglist wins in this lawsuit. I just sold my first item on Craiglist within 1 day of putting it up and no fees. Yeah baby.

BooMer

Here is the article:
Internet auctioneer eBay Inc. is looking to expand its global classified-ad business by taking advantage of an economic slowdown to buy promising private companies with low valuations.

Jacob Aqraou, general manager of eBay's global classified business, said he expects the company will take over a "fair" number of companies in the next six months or so.

In an interview, Mr. Aqraou said lackluster economic growth and the deepening credit crunch have depressed prices for private companies to such a degree that it now makes more sense to buy established classifieds properties than build new services from scratch.

He said eBay's strategy was to target classified-ad sites that have leading positions in geographies and industry segments in which eBay doesn't currently compete.

EBay, based in San Jose, Calif., in 2004 and 2005 spent hundreds of millions of dollars to buy about 25% of Craigslist, North America's top online classifieds site, as well Germany's Mobile.de, Marktplaats of the Netherlands and Spain's Loquo. It also launched Kijiji, a classifieds site available in more than 20 countries.

"They have learned that classifieds can be a hell of a business," said Peter M. Zollman, a founding principal at Classified Intelligence LLC, a consultancy that has estimated the global offline and online classifieds market at $100 billion.

EBay's focus on its classifieds business is the auctioneer's latest attempt to regain momentum it has lost as buyers and sellers gravitate to fixed-price sites, such as Amazon.com Inc. and other classified-ad sites. The company's sluggish business prospects have helped drive eBay shares down more than 30% so far this year.

EBay's classifieds business, which gets revenue from listing fees and advertising, is estimated to generate between 5% and 10% of the company's $7.7 billion in annual revenue. Mr. Aqraou declined to comment on the estimate, but he noted that the classifieds unit is eBay's fastest-growing business.

Mr. Aqraou pointed to Eastern Europe and Scandinavia as regional priorities, adding that the first in a series of acquisitions could be announced within the next several weeks.

Mr. Aqraou said eBay was also looking at classifieds sites that serve professionals, such as car dealers and real-estate agents, as well as individual consumers. He said these sites typically feature analytical and tracking tools that can be integrated with the dealers' or agencies' own IT systems.

EBay recently announced auction-fee changes that were expected to accelerate the shift toward its fixed-price business. The company also said it was stepping up efforts to crack down on fraudulent sales and will invest in new search technology.

Mr. Aqraou said while eBay's regional classifieds properties are localized to reflect the culture and language of their target audiences, eBay's classifieds business becomes more efficient as it increases in scale because the sites operate on common back-end infrastructure, including search and filtering technologies.

EBay says about 82 million people visit its global classifieds sites monthly, generating 4.5 billion page views. Craigslist claims more than 40 million monthly visitors to its sites.

The two companies are in a legal battle, with eBay alleging Craigslist's decision to reorganize its stock structure diluted eBay's holding in the company. Craiglist has argued eBay used its position on Craigslist's board to obtain inside information so it could launch Kijiji and undermine Craigslist's business.
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 10-02-2008
newguy121's Avatar
Senior Member
 
Join Date: Aug 2008
Posts: 132
Thanks: 7
Thanked 5 Times in 4 Posts
Activity: 0%
Longevity: 88%
iTrader: (0)
Default

I dont think eBay has a shot to win this suit. And I know from an article that the guy that started and still owns craigslist despises ebay.
Reply With Quote
  #3  
Old 10-02-2008
Junior Member
 
Join Date: Sep 2008
Posts: 119
Thanks: 0
Thanked 9 Times in 2 Posts
Activity: 0%
Longevity: 88%
iTrader: (0)
Default

I thought ebay owned part of craigslist
Reply With Quote
  #4  
Old 10-02-2008
aspkin's Avatar
Administrator
 
Join Date: Jan 2007
Posts: 11,040
Thanks: 2,975
Thanked 3,938 Times in 1,671 Posts
Activity: 37%
Longevity: 100%
iTrader: (25)
Default

They do/did about 20% or so.
__________________
Reply With Quote
  #5  
Old 10-02-2008
Burst's Avatar
Executive [VIP]
 
Join Date: Jul 2008
Posts: 990
Thanks: 19
Thanked 108 Times in 68 Posts
Activity: 0%
Longevity: 89%
iTrader: (6)
Default

You know Ive been thinking about trying it out. The no fee thing really attracts me
Reply With Quote
  #6  
Old 10-03-2008
BooMer's Avatar
Executive [VIP]
Threadstarter  
 
Join Date: Feb 2008
Posts: 376
Thanks: 7
Thanked 81 Times in 43 Posts
Activity: 1%
Longevity: 92%
iTrader: (0)
Default

Burst, You have nothing to lose just give yourself a day to browse in Craiglist and get familar to the layout and how other people post their stuff. Then when you are ready just hop on the bandwagon and list away. You can even Copy and paste your Ebay item description and use html in craiglist.

Craiglist = No fees
Reply With Quote
  #7  
Old 10-05-2008
Burst's Avatar
Executive [VIP]
 
Join Date: Jul 2008
Posts: 990
Thanks: 19
Thanked 108 Times in 68 Posts
Activity: 0%
Longevity: 89%
iTrader: (6)
Default

So I listed on craigslist and tomorrow Im meeting someone to make my first sale in CASH. Absolutely no fees at all. I highly recommend people use it to get the funds coming faster.
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Classified Listings Killed by Ebay Auction Listing 3 05-15-2008 12:56 PM
ebay bans any non-physical items to classified ads Jonas eBay FeedBack 9 03-31-2008 02:05 PM
eBay classified ads f1br3opt1c eBay Discussion! 7 03-08-2008 04:56 PM
Classified Ads? leonid5000 eBay Suspensions 0 12-10-2007 02:37 AM


Aspkin Group

All times are GMT -5. The time now is 06:01 PM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts