Eyeballs really do add value, theres a reason carsales can charge as much as they do - its called the network effect.
As more people list cars, more people go there to look to buy and it snowballs creating value.
I'm not worried in the short to medium term about gumtree, but in the long term (5+ years) i think they will be a major competitor.
thoughts on carsales, page-3
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