Quote:
Originally posted by goBigtime
I agree... but the low-six-figure money required is nothing compared to the revenue potential for that industry (see thread topic).
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both yahoo and amazon tried to compete and failed. there's only room for one big exchange like this in my opinion. they have not only hit critical mass of sellers/buyers, but the name eBay is part of the lexicon now like Google. Joe six pack now uses the word 'ebay' as a verb. "i'll ebay it". that's really powerful. same with google.
unless you're going to go after a targeted niche, i don't think anyone is going to unseat ebay for a while at least.