Posts Tagged ‘craigslist’

Online Classified Ads – Where does this leave print advertising, especially newspapers?

Saturday, June 13th, 2009

In my last post, I mentioned “Where does this leave print advertising, especially newspapers?” Well, there is a report by a consulting firm estimating Craigslist’s revenue will top $100 million for 2009.

Undoubtedly, this will add more pressure to print advertising revenues. It is no surprise and expect the trend to continue for print, especially in a flagging economy. Everyone likes free or very close to it.

With Craigslist traffic numbers, they could substantially grow revenues but its founder, Mr. Craig Newmark, and CEO, Mr. Jim Buckmaster have made it well-known that they are conservative in growing revenues.

How much more can the classified ads space grow? Frankly speaking, I think this space has a lot more growth potential left.

Classified Ad Use is Trending Upward

Wednesday, June 10th, 2009

I received this article from Peter of www.mykidscloset.com and it mentioned that online classified advertising use is up — substantially. Frankly speaking, I am not surprised as many people around the globe are becoming familiar with the Internet. So what is the biggest draw to classified ad sites? It is something that everyone can afford — they are FREE. The vast majority of them offer free classified ads. The biggest player in the classified ad space is the venerable Craigslist. Here is their staggering traffic numbers for last month via compete.com — 53 million unique visits and 447 million total visits.

Where does this leave print ads, especially newspapers?

At any rate, here is the article by Pew Internet: classified ad use is up.

THIS POSTING HAS BEEN FLAGGED FOR REMOVAL

Thursday, October 9th, 2008

Here is something I picked up from my traffic stats service. Some poster decided to leverage their FreeAdLists advertisement by posting it to Craigslist, too. Apparently, that was a big “No No.” It did receive a decent number of hits before it was flagged. But I wonder who flagged the classified ad, craigslist or its users. Unfortunately, I didn’t get a chance to see which ad was flagged before it was summarily removed. Oh well…

Here is the link:
atlanta craigslist > cars & trucks – by owner

This posting has been flagged for removal
(The title on the listings page will be removed in just a few minutes.)

MY TOP 25 CLASSIFIED ADS SITES FOR JUNE ‘08

Sunday, July 20th, 2008

I am a big fan of lists in general. I found this list on compete.com. It shows the top 25 websites on the Internet. As you can see, the highly ranked classified ads website, craigslist, is number 14 overall. Google finally overtook Yahoo in terms of people count.

Craigslist is like Fedor Emelianenko of the classified ad world.

Source: Compete.com May 2008

1 google.com 135,291,588
2 yahoo.com 131,844,268
3 msn.com 78,408,649
4 live.com 76,890,429
5 ebay.com 71,904,536
6 myspace.com 60,267,059
7 youtube.com 58,661,346
8 aol.com 57,565,091
9 wikipedia.org 57,041,540
10 amazon.com 54,954,103
11 microsoft.com 53,037,685
12 mapquest.com 50,621,534
13 about.com 38,373,275
14 craigslist.org 37,463,362
15 go.com 33,639,174
16 blogspot.com 33,564,166
17 nextag.com 33,129,936
18 facebook.com 31,948,779
19 irs.gov 31,726,828
20 liveperson.net 30,340,333
21 cnn.com 29,091,022
22 ask.com 27,643,652
23 walmart.com 27,002,116
24 target.com 25,515,763
25 flickr.com 24,187,845

WALLSTREET MEETS BEAUTY QUEEN VIA CRAIGSLIST

Friday, May 9th, 2008

One of my co-workers emailed this post to me. It is a classic of craigslist.org’s “best of” category. I assume the author of the post could have probably gotten a job writing funnies because her post was hilarious. But I presume she was trying to avoid the working bit.

Here’s the craigslist post:
—–
What am I doing wrong?

Okay, I’m tired of beating around the bush. I’m a beautiful (spectacularly beautiful) 25 year old girl. I’m articulate and classy. I’m not from New York. I’m looking to get married to a guy who makes at least half a million a year. I know how that sounds, but keep in mind that a million a year is middle class in New York City, so I don’t think I’m overreaching at all.

Are there any guys who make 500K or more on this board? Any wives? Could you send me some tips? I dated a business man who makes average around 200 – 250. But that’s where I seem to hit a roadblock. 250,000 won’t get me to central park west. I know a woman in my yoga class who was married to an investment banker and lives in Tribeca, and she’s not as pretty as I am, nor is she a great genius. So what is she doing right? How do I get to her level?

Here are my questions specifically:

- Where do you single rich men hang out? Give me specifics- bars, restaurants, gyms

-What are you looking for in a mate? Be honest guys, you won’t hurt my feelings

-Is there an age range I should be targeting (I’m 25)?

- Why are some of the women living lavish lifestyles on the upper east side so plain? I’ve seen really ‘plain jane’ boring types who have nothing to offer married to incredibly wealthy guys. I’ve seen drop dead gorgeous girls in singles bars in the east village. What’s the story there?

- Jobs I should look out for? Everyone knows – lawyer, investment banker, doctor. How much do those guys really make? And where do they hang out? Where do the hedge fund guys hang out?

- How you decide marriage vs. just a girlfriend? I am looking for MARRIAGE ONLY

Please hold your insults – I’m putting myself out there in an honest way. Most beautiful women are superficial; at least I’m being up front about it. I wouldn’t be searching for these kind of guys if I wasn’t able to match them – in looks, culture, sophistication, and keeping a nice home and hearth.

it’s NOT ok to contact this poster with services or other commercial interests
PostingID: 432279810

—–

Here is the response to her post:

Dear Pers-431649184:

I read your posting with great interest and have thought meaningfully about your dilemma. I offer the following analysis of your predicament. Firstly, I’m not wasting your time, I qualify as a guy who fits your bill; that is I make more than $500K per year. That said here’s how I see it.

Your offer, from the prospective of a guy like me, is plain and simple a crappy business deal. Here’s why. Cutting through all the B.S., what you suggest is a simple trade: you bring your looks to the party and I bring my money. Fine, simple. But here’s the rub, your looks will fade and my money will likely continue into perpetuity…in fact, it is very likely that my income increases but it is an absolute certainty that you won’t be getting any more beautiful!

So, in economic terms you are a depreciating asset and I am an earning asset. Not only are you a depreciating asset, your depreciation accelerates! Let me explain, you’re 25 now and will likely stay pretty hot for the next 5 years, but less so each year. Then the fade begins in earnest. By 35 stick a fork in you!

So in Wall Street terms, we would call you a trading position, not a buy and hold…hence the rub…marriage. It doesn’t make good business sense to “buy you” (which is what you’re asking) so I’d rather lease. In case you think I’m being cruel, I would say the following. If my money were to go away, so would you, so when your beauty fades I need an out. It’s as simple as that. So a deal that makes sense is dating, not marriage.

Separately, I was taught early in my career about efficient markets. So, I wonder why a girl as “articulate, classy and spectacularly beautiful” as you has been unable to find your sugar daddy. I find it hard to believe that if you are as gorgeous as you say you are that the $500K hasn’t found you, if not only for a tryout.

By the way, you could always find a way to make your own money and then we wouldn’t need to have this difficult conversation.

With all that said, I must say you’re going about it the right way. Classic “pump and dump.” I hope this is helpful, and if you want to enter into some sort of lease, let me know.

CRAIGSLIST SUED BY MINORITY OWNER EBAY

Wednesday, April 23rd, 2008

According to an eBay news release, they are suing Craigslist. Why? eBay is suing Craigslist over alleged dilution of its minority interest – details on the news release were scant. eBay owns a 28.4% minority position in Craigslist.

I always thought Craigslist and eBay shared similar interests. This was a complete surprise. I am sure many will be tracking the outcome of this case.

Here is eBay’s statement:
eBay Files Corporate Governance Suit to Protect its Investment in Craigslist

Here is Craigslist’s blog response:
Ebay has filed suit against craigslist and its board of directors

Update 5/1/08: Here is an update from TechCrunch: ebay vs craigslist complaint released

MY TOP 20 CLASSIFIED ADS WEBSITES

Saturday, April 5th, 2008

Here are my top twenty classified ads websites.

Craigslist dominates the classifieds space on the Internet and forecasted to make an estimated $80 million this year. A few years ago, they were making a lot less, but I guess they decided there was just too much money being left on the table. eBay owns a 25% stake in craigslist.

Ebay-owned Kijiji is much larger than I expected.

People Counts for March 2008: Source Compete.com

  1. craigslist.org 32,737,264
  2. kijiji.com 2,161,947
  3. backpage.com 1,402,605
  4. livedeal.com 1,009,433
  5. classifiedads.com 816,245
  6. traderonline.com 809,145
  7. kudzu.com 575,726
  8. domesticsale.com 518,078
  9. usfreeads.com 413,153
  10. olx.com 387,217
  11. pennysaverusa.com 354,907
  12. recycler.com 320,257
  13. buysell.com 246,767
  14. sell.com 243,458
  15. gumtree.com 234,924
  16. adpost.com 194,891
  17. buysellcommunity.com 138,677
  18. inetgiant.com 105,727
  19. adlandpro.com 93,282
  20. webclassifieds.us 92,132
  21. bargaintraderonline.com 78,545
  22. freeadlists.com 22,362 (Oh yeah, here is a shameless plug)