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Nextgenerationclassifieds_ICMA 2010

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Suchi Mukherjee Gumtree Next generation classifieds
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Page 1: Nextgenerationclassifieds_ICMA 2010

Suchi MukherjeeGumtree

Next generation classifieds

Page 2: Nextgenerationclassifieds_ICMA 2010

Classifieds Ancient form of commerce

Page 3: Nextgenerationclassifieds_ICMA 2010

Social networks As ancient as human civilisation itself

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2 = 1

5 = 12

12 = 66

Web 2.0 incarnation

Page 5: Nextgenerationclassifieds_ICMA 2010

100 million = ?

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82 million active usersGMV = $60 billion per

quarter640 million listings per

quarter

Page 7: Nextgenerationclassifieds_ICMA 2010

The world of possibilities

Page 8: Nextgenerationclassifieds_ICMA 2010

Niche : 19,000+ knitters

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Classifieds : Big opportunity

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Approach 1

Page 11: Nextgenerationclassifieds_ICMA 2010

Approach 1Approach 1

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Approach 1The

alternative

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What do users want?

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Simple usability

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Free by default with no formulaic way to trade

Freedom

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Abundance but more importantly

Value

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Trusted face-to-face common sense trading

Trust

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Format agnostic

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Value for sellers

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Value for buyers

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Trust

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Trust

Vikki’s selling an iPodJon wants to buy an iPod

Trust

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Jon check’s Vikki’s info

Trust

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Jon creates an action

Trust

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Which shows up on his friends’ news feeds

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Approach 1The

alternative

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570 % 1082 %

87 % 63 %

The ground swell?

Page 28: Nextgenerationclassifieds_ICMA 2010

This is the $15 billion opportunity

Thank you, [email protected]


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