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  • James Findlay

James Findlay

7 months ago

in Ebay’s decline on The Equity Kicker
Nic, I think this is also an indication that the Internet auction using community is migrating to niche market sites, such as ours. We auction rare books via the Internet and have seen our growth steadily increase, on a consistent basis. Other factors like costs come into the equation, we charge our sellers a mere 5% commission and $1 per book listed, plus there is no buyer's premium (Ebay's charges are substantially higher). I believe that the future lies in these types of highly specialised community based websites - typical "long tail curve" business model.
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