Question: Craigslist also has a lean cost structure. It only has 5 0 employees, doesn t have expensive offices, and has no outside investors, all of

Craigslist also has a lean cost structure. It only has 50 employees, doesnt have expensive offices, and has no outside investors, all of which helps keep the overhead low and the profit margin high (Mac 2017). Newmark has stubbornly refused to evolve over time and the website has remained largely unchanged over the span of its existence. Some argue that this simplicity led to Craigslists longevity and staggering money-making ability.

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