Correct me if I'm wrong, the so-called counter intuitive model that I'm refering to is the simplicity of just hooking up individual buyers and sellers without charge, logins etc and making money off a select group of 'premium' advertisers. When asked how Craigslist makes money, Craig Newmark, founder of Craigslist, this was his response. "We really don't have a business model. We are a community service, and we found some years ago that we could provide a really good service to employers and recruiters. Then we asked our community, "What is the right thing to do along these lines?" They told us to charge the people who would otherwise be paying more money for less effective advertising. And that has helped set our moral compass. We are charging recruiters and employers in San Francisco, Los Angeles and New York." Craigslist is a very simple model that requires few resources and has low overheads, so a complex business model with multiple revenue channels is not required. Source(s): http://www.internetnews.com/ec-news/article.php/3465621 On 9/3/09, Theus Owicho <owichot@gmail.com> wrote:
kamongoclassifieds.com
On Thu, Sep 3, 2009 at 1:42 PM, Willie Ong'uti <williexm@gmail.com> wrote:
In Kenya we have potential sites. for example http://www.onlineduka.co.ke I believe we can have our own content!
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