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Classified – The Form Of Advertisement Appearing Online Or In Newspapers
Posted in Small Businesses
The word classified generally refers to form of advertisement particularly seen in newspapers or online. It even features in periodicals and free ads papers or penny savers. The reason it differs from standard advertising is that it facilitates a service via which private individuals can solicit sales for their products or services apart from companies or corporate entities. Generally it is a text-only form of advertising. The information given in the advertisement can be as little as the type of goods or services being offered along with the contact number to and as detailed as the model number of the product and the price being offered along with multiple contact numbers and address of the person concerned. In general there are no pictures used in classified ads but companies do use their logos.
The reason it is called ‘classified’ advertising is because the ads are printed under grouped categories based on the type of goods or services being offered, for example automobiles, for rent, for sale, lost/found, matrimonial etc. it is also grouped in a distinct section of the newspaper or periodical which is a striking difference between display advertisements and classified ads. The former contains a lot more elaborate graphics and designing along with grammatically correct details and are often arranged between editorial articles in a magazine.
Though there exists an amalgamated form of the two forms of advertisement and it is called classified display advertisement. In this form of advertising classified ads are presented with comparatively more graphical details among the text listing of a newspaper or magazine. The classifieds are often used by businesses to sell their services and by companies to advertise any new vacancies in their firms. Typical classified ads are just a few lines long and employ abbreviations to save money and print space.
The 2003 statistics show that the market for classifieds in the US was $15.9 billion for newspapers and $ 14.1 billion for online classifieds. The world wide market for classified ads was estimated over $ 100 billion in 2003. With the development of the online classified advertising sector emphasis on specialisation is increasing day by day. The development of vertical markets for classifieds is moving as fast as the market niche for classified websites.
The reason for the popularity of online classifieds is that they are more economical. There is no per word or per line pricing for online classified ads and therefore these allow much more freedom as far as product detailing is concerned. Online classifieds also offer a wider range of client pool unlike their print counterparts, that tend to have a limited local or at the maximum a national visibility, they can be easily searched for and found all over the world. Their high visibility is the reason why many companies host free online classified services or sites. Craiglist.org was one of the foremost online free classifieds and has to its credit an odd fourteen million visitors a month that makes it over four million a day. Other such companies are Loqqad, Kijiji, and Gumtree.
Alex Wu operates a classified website that lets people advertise, build groups, and connect. He hopes to create an active environment for businesses to place their job.
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