snoopy
Top Contributor
Oh please... Ebay makes it's money through listings & item sales, I'm sure you know that.
Carsguide and gumtree make their money through Adsense. They create content (through car reviews, how-to articles, user listings, shopping.com.au feeds etc) and then plaster ads all around it hoping some people click on them.
Just like Ned is doing with his site but obviously on a much bigger scale.
I'm sorry that these latter two don't fit in nicely to your own personal twisted definition of a MFA site but, I'm afraid to tell you, they precisely fit the literal definition.
Carguide.com.au has has got a similar number of PPC ads to ebay from what I can see of it, need to dig around to even find them, the rest of it is banner ads which wouldn't have a great CTR.
Their business model is try to sell classifieds, there is a giant classifieds box right in the middle of the front page so it is pretty obvious. Gumtree I'd describe as a very similar model to ebay accepts a lot of the listings are free, the money comes from paying extra to promote. I don't think gumtree was making a profit until they starting charging fees, from what I have read of it.