Running A
Photo Classified
If you ever placed an
ad in a paper, posted on craigslist or anticipated search engine
traffic, you are familiar with advertising and know the value it
has. If you have ever paid for an ad, you most certainly are
aware of how much money they can make.
With websites being
so popular, anyone can run a classified and many people do or at
least try. Most take payments through paypal, take the ad text by
e-mail and post the ads manually on a static page. Needless to
say, most are not very successful.
But there is hope for
those of you seeking a better solution. pageBuzz has a great
online classified program for webmasters and site owners and it
is standard with the hosting at pageBuzz, so it is available to
everyone.
The classified
program is extensive in configuration and provides an automated
system to sell classified advertising photo ads using paypal as
the payment processor.
By automating the
process the website can manage hundreds of daily ads without
anyone doing any manual work. Automated ad expiration and tools
to edit, manage and remove ads by an administrator make this
program as comprehensive as they get.
So how do you make
money with it?
We provide the
vehicle for making money, now you have to generate the client
base and traffic.
A great way to get
started is to open in a local market, a captive user base. Try
limiting the ads to a church group or school. A base of potential
customers that you have some ability to reach.
The classified works
well for clubs or organizations that want to allow members to
offer products or services to other members. Since the ads are
localized, the members have a direct need for the program and
will access the ads when they are shopping for a product or
service.
This has been a great
way to monetize an existing website with an existing user base.
Of course most people
have bigger ideas and are shooting for ebay style growth. That is
going to take a little more effort to launch, but still possible.
The trick to running
a successful classified is to be able to get buyers and sellers
together in one place. So the marketing needed is for both
customer types.
One solution is to
offer free ads until the traffic builds up to a level that people
will pay for. Another option is to offer free ads in some
categories while charging for others like craigslist does.
The next step will be
to make people aware of your website. The search engines will no
doubt bring in a trickle of traffic but not enough to support
your dream.
The big challenge
will be to spend less money advertising that you generate. This
is the standard business model for any business. Spend $1 to make
$2.
If your website earns
$100 in advertising revenue, you need to invest it back over and
over again until you each a revenue stream that you are happy
with.
The biggest obstacle
in getting bigger is an unwillingness to work and invest earnings
in website growth and future potential.
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