Classified ads have always been a great way to promote businesses and services. With the advancements of technology and internet, classified ads have moved to the online media recently as well. Many business owners have underestimated the power of online classified ads but if it is done right, classified ads are a great way to drive massive amounts of traffic and visitors to business web sites, generating them a lot of revenue.
When you think about classified ad web sites, the first few options that cross your mind will probably be Craigslist, Backpage and Kijiji. Although they are tremendously popular, they are not really the end of the game on the classified ad web site niche. I strongly believe there is room to grow. The bigger they got, they tend to attract more spam ads and have been unable to react quickly to changes and visitor requests. For this reason i strongly believe that there is still room for competition if you want to open a classified ad web site.
Your first step should be obtaining a classified ad software. There are some options out there that you can use as turn key. The advantage of using the ready made classified ad software is, you will not need any technical knowledge, you can turn on your web site pretty quickly as everything is setup for you already and you can get support from the classified software vendor. If you think none of these are beneficial to you, you can hire a programmer to develop a custom classified solution for your web site as well.