We have studied many Online Classified sites and found these Money Making Opportunities from these Classified Websites stated below alternatively you can say Profitability Model of Classified Sites.
Five ways to make money from online classified websites:
- Google , Bing etc. Ad-Networks: You can place CPC, PPC, Fixed Banner etc. type Advertisements at different places of your Classified site.
- Premium Classified Websites: They charges money per Advertisements and/or for specific time to show these Ads. If you are a start-up and have a very specific micro niche (here Niche means a very specified type of product/service category like Vintage Cars, Rare and Old Coins etc.) only then you can Charge Consumers per Advertisement because there are numerous Free alternatives out there.
- Feature based Pricing: Initially Posting of Advertisements may be FREE but with limited features like restricted number of Photos, Videos, contact details or other specific features like Messaging, Calling or Chat. Then you can charge users to use these features as per their requirements.
- Top Features: You can charge users for showing their Advertisements on ‘Top of others’ with Bidding or Fixed pricing. You may restrict Free Ads to one category and/or City and Premium to more than one.
- Selling Consumer Data and Database: Lots of traffic flows in and out these type of Classified Sites in everyday basis. Many businesses buys Consumer Data and analytical data insights from these Classified websites.
Remember if it is a new startup then you have to wait for some times to Make Money. After a sufficient number of Advertisement and regular “User Visits” then you can think of these alternatives to make money out of it.
Also you can check our other articles like :
Everything to know before Starting an Online Classified Website
