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December 28, 2004
Take it to the Streets
I was reading an article on Cnet this morning on how www.craigslist.org, an online classified website, has:
"...cost the newspapers millions more in merchandise and real estate advertising, and has damaged other traditional classified advertising businesses, according to a report published by Classified Intelligence.
Steven Musil, Staff Writer, CNET News.com goes on to say:
"Online auction giant eBay took a 25 percent stake in Craigslist in August. eBay also announced recently that it would buy online apartment rental service Rent.com for $415 million."
As I report on my www.carsite-marketing.com, ClickZ Stats on September 24, 2004, said:
"Consumer Reports found that 77 percent of pre-owned vehicle shoppers research prices, and 77 percent go online to do so."
People are using the Internet to find just about everything which means there is an opportunity for local entrepreneurs. Although they might not have the money to compete with the the BIG players, they can do a much more better job at representing the local market, and find businesses that will pay them for helping them advertise.
My used car website faced competition from major car classified websites and print publications, but I found that local businesses like to do business with people they know and trust — which all comes down to how you build professional relationships. They are quite happy to give you some of their advertising budget if you can produce results.
We typically think of the Internet as offering a place to reach a worldwide audience, but there is good money to be made in your backyard without taking on the whole www.
Watch for more websites like these in 2005.
Posted by Steve MacLellan at December 28, 2004 07:38 AM
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» Interview with Craig Newmark from HomeBusiness Websites
I was attempting to run a classified site 10 years ago too. It was fairly popular at the time. Sometimes I received over 2,000 new ads a day. But I failed to see the potential in it, and later abandoned the idea. The point is, don't let negative people... [Read More]
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