netmeg - 3:11 am on Apr 20, 2013 (gmt 0)
@Randle / Netmeg - are the verticals you're associated with, perhaps fundamentally different and does that play into this. e.g. niche, local. I mean could you anticipate that other verticals may not work the same way due to issues around margin, scale and of course intense competition.
I compete in office supplies and healthcare, among other things, in the US and Canada. Pretty competitive.