Social Question

robdamel's avatar

What`s your opinion on Craigslist`s business model? Would you maximize profits?

Asked by robdamel (791points) March 11th, 2011

Craigslist makes money by charging up to 75$ per ad, but only in 7 major cities of the USA, also limited to a few categories.

Craigslist has over 20 billion page views a month.

They refuse to maximize profits. What would you do? Can you think of a business model that would be convenient for both viewers and the site?

Observing members: 0 Composing members: 0

4 Answers

coffeenut's avatar

I don’t think you can compare EBay or Amazon to Craigslist….Isn’t Craigslist purpose selling cheap used local items? How many people would pay to sell a $5 DVD…or $10 Stereo? not me Here it’s free to use (as well as other similar sites) with options to “promote” your add for a fee…. Changing that would be a bad idea a lot of people would stop using it if they had to pay

Mamradpivo's avatar

I don’t think Craigslist is interested in maximizing profits, per se. It began as a community bulletin board in San Francisco and has grown from there. But they’ve never cared to cover more than their operating costs. It’s not run as a standard corporate enterprise. They have a small staff and don’t do a lot of re-designs.

Also, like @coffeenut said, any small change at this point would cause people to start shifting to alternatives.

robdamel's avatar

Well, i dont think i compared craigslist to Ebay or Amazon. I simply meant, what would you do if you were CEO of Craigslist? Would you not try and find any way to make a few extra bucks for you?

Zaku's avatar

I think businesses which maximize profits are dangerous and destructive and don’t serve any greater good.

Go Craigslist.

Answer this question




to answer.
Your answer will be saved while you login or join.

Have a question? Ask Fluther!

What do you know more about?
Knowledge Networking @ Fluther