What started out as a small- time electronic newsletter chain link for certain professionals in San Francisco turned out to be a very successful website that has a wide network of connections known the world over. Truly, Craigslist has served to be a godsend to people who would want to avail classified ad services electronically without the hassles of transaction.
In order to start, a prospective user must first fill in personal details and have his or her email address registered and verified. No personal details are shared among its communities ensuring users of their privacy. The only way that Craigslist employees intervene is when a report is filed against a user.
Navigation is also a breeze for everyone since its website is composed of very organized and clear outline. This concept is made well kept by CEO Jim Buckmaster along with the business smarts of Craig Newmark, its founder.
Revenues pour in from the fees for job and apartment listings which range from ten to seventy dollars. Rental ads also have a certain price and such profits are enough to run the twenty five Craigslist employees.
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.
Keep in mind 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
