Re:Ask HN: Why isn't this site as successful as Craigslist?
by shalmanese on Monday January 26, 2009 @05:39AM
(#450253)
I agree, network effects is the answer. All other explanations about "feeling the love" and "unsophisticated design" are post-hoc justifications.
Re:Ask HN: Why isn't this site as successful as Craigslist?
by andrewljohnson on Monday January 26, 2009 @06:26AM
(#450287)
Network effects is as glib an answer as "got there first."
These things can be a factor, but are not an explanation.
Re:Ask HN: Why isn't this site as successful as Craigslist?
by foulmouthboy on Monday January 26, 2009 @11:04AM
(#450543)
I don't know why first mover advantage wouldn't be a good explanation for this case. Just because other companies squandered their first mover advantage doesn't mean they didn't have it initially. The big barrier to entry for a Craigslist competitor would seem to be brand identity since people want to buy and sell where they know other people are buying and selling. First mover advantage plays a big part in establishing that brand identity.
Re:Ask HN: Why isn't this site as successful as Craigslist?
by tokenadult on Monday January 26, 2009 @11:08AM
(#450551)
"Got there first" is an explanation. It's an explanation of why some American pioneers became rich in railroads and slightly later arrivals didn't, for example.
http://www.squeezedbooks.com/book/show/7/information-rules-a...
Basically, there are what are called "positive network externalities" or "network effects" for a site like craigslist: if you you want to sell something, you want to go where lots of buyers are. If you want to buy stuff, you'll get a better selection where there are lots of sellers.