The
Portland Oregonian has rejected advertising from a local online-shopping start-up,
Bid Brothers. The company says that the newspaper's president informed it that its operation is a threat to the
Oregonian's classifieds revenue, and thus the advertising was rejected.
Bid Brothers works in concert with online auction giant
eBay. The concept is simple: For any item selling for more than $50, Bid Brothers will sell it on eBay on behalf of the item's owner and take a cut of the selling price for the service. (Bid Brothers only collects its fee if an item sells.)
Bid Brothers co-founder
Denis Burger Jr. says in a press release, "We never saw ourselves as competing with the Oregonian. We're just a small, local company offering a service that people want and need."
Prediction: Bid Brothers will get enough free publicity from the rejection that it will do more business as a result than if the
Oregonian had accepted its advertising.
(Thanks to
Aaron Weiss of KGW.com, who informed me about this.)
Steve's right - the publicity generated from this mistake will...