Saturday, September 26, 2009

The Mechanics of the Craigslist Equation

By Skip Butner

Making a giant leap from the mere electronic mail newsletter in San Francisco, Craigslist has managed to be one of the web's most visited and largest earning sites with a network spanning four hundred cities worldwide. The main specialty of this website is for users to be able to post free advertisements or classifieds at the comfort of their homes through their internet connection with no hassle at all.

The process of registering to Craigslist is a breeze as one only needs to fill in particulars with a valid email address and be aware of the posting limitations. One's personal information is always masked which serves as a form of reassurance for people worrying about their privacy.

Most people may find its website very user friendly as the layout and system are very organized and the uncomplicated. This simple yet functional appearance is the theme that is put forward by CEO Jim Buckmaster and founder Craig Newmark when they were developing the website.

Craigslist's overall income comes from the paid advertisements posted by people seeking for jobs or apartment, rental and housing listings. This resulting money is enough to run the company and pay its internal twenty five employee count.

An ongoing matter that this company constantly addresses is the misuse of its services for theft or revenge. Many claim that it even has the power to rob journalism of its prowess and has since transformed the future of the information industry.

As any other business, this site is constantly on the move to eliminate many hoax advertisements posted by some users to lure innocent victims. Moreover, this ever expanding service of Craigslist somehow poses as a threat to local newspaper journalists who thrive in print media industry - 22871

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