slight /rant but If Facebook is a multi billion dollar business...

Discussion in 'BlackHat Lounge' started by bpmik, Feb 25, 2013.

  1. bpmik

    bpmik Newbie

    Feb 4, 2013
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    Through advertising alone, someone seriously needs to come around and knock ebay the off its socks.

    They take way too big of a cut from sales and I can't believe there is STILL no valid competition against them.

    There could easily be a better auction site that is more scaleable, not run by shareholders sucking value out of the company, and money could be invested in more hardware so the site doesn't crash so much. The site could be supported by small ads like facebook is, they'd build a massive opt-in list and could soft sell products tailored to you, they could be rich without touching a dime of the buyer/sellers money (ie: ebay tax). How has this not happened yet? The only way it hasn't would be ebay got some lame "patent" on online auctions, because the site is nothing special at all, easily cloneable to a team of professional developers and easily scaleable.

    The default is to take 9% of your sale from an auction including the shipping fee! I find that unreal. They take more tax then many governments do. Do they hold patent rights or something? Because with the kind of money they bring in competition could easily crush them if they aren't backed by patents. How can someone even patent something so stupid, an online auction. Ughhh..../rant
  2. Ramus313

    Ramus313 Power Member

    Dec 18, 2012
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    I think you meant to put "Ebay" in your title instead of "Facebook", but i agree. I am surprised that there is still on legitimate competition for ebay. The closest thing is amazon, but they are still very different.