Recent studies demonstrate that classified advertisement platforms still play a huge role in attracting consumers to businesses. The main thing is, research from the Newspaper Association of America (NAA) says that “ 8 in 10 U.S. adults ( 80%) took action in the previous month as a result of seeing a newspaper advertisement. In an average week, ( 57 %) adults, say they have made a shopping decision based on a newspaper advertising, whether in print or online. And when you consider how inexpensive it can be to place a classified advertise in some of the biggest national papers in the world, it just makes all kinds of sense to spend at least some of your advertising budget on classified advertisements.
We discovered that following features During our research it can help startup enablers to launch advanced classified ads website. First of all we have to understand the business model of classified ads platform and revenue generation method of classified ad platforms. Build your own classified ads portal like OLX! Classified ads platforms help people to list products and services for sale as well as those that are looking for items to purchase. Sites with ads are as of now a most loved classification of locales.
Source : Craigslist clone
Business Model :