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timoffee.bsky.social
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35 days ago
What are their overheads? It doesn’t cost much to run a website.
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kurtbradley.co
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35 days ago
The amount of traffic (DAU in the hundreds of thousands) plus content hosting is considerable. That doesn’t come cheap.
There’s also a full staff of salespeople, listing support agents, site management developers, and people who maintain the actual business.
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kurtbradley.co
•
35 days ago
Referring to BaT, in this case.
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mikejuergens.bsky.social
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35 days ago
Exactly, It’s actually very expensive to run a high volume website.
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midnightdorifto.bsky.social
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35 days ago
I’d wager insurance and legal and compliance costs are not insignificant in that business - whether that’s in-house or external counsel that’s some serious coin
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kurtbradley.co
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35 days ago
TONS of cash spent for good reason there.
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thekamil.bsky.social
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35 days ago
I didn’t think that hosting this kind of site would be cheap. Plus the whole e-commerce system.
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kurtbradley.co
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35 days ago
BaT doesn’t handle the transactions between buyer and seller though, as they’re handled between those parties directly offline.
BaT just takes a fee for the initial listing, and then from the buyer upon a successful bid.
But agreed, it’s still painfully expensive to run.
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There’s also a full staff of salespeople, listing support agents, site management developers, and people who maintain the actual business.
BaT just takes a fee for the initial listing, and then from the buyer upon a successful bid.
But agreed, it’s still painfully expensive to run.