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A Challenger To Craigslist’s Supremacy In The Online World

One example of a very powerful marketing tool is Los Angeles ads that help businesses announce their products and services. However, to ensure that you reap the benefits of classified ads, make sure that you post with confidence and add the information about the products and services you are offering. With so many people going online to search, it is very likely for your ad to be discovered by people in your community.

It is surprising how Craigslist manages to survive through the years when survival today depends on constant innovations. Craigslist was launched by Craig Newman 1955 with roughly the same website design until today. However, it has not only survived but thrived with 55 million visits per month. The ecommerce platform is effective enough to decimate the newspaper industry’s classified ads sections.

However, Craigslist is being challenged by OfferUp which is considered as a stealth powerhouse that has facilitated the sale of more than $20 billion worth of goods this year. OfferUp has established itself as one of the more serious challengers to Craigslist that has an iron grip over online classified ads. In fact, Craigslist is one of the monopolies of today’s internet era.

According to an estimate made by AIM Group, a research firm from Altamonte Springs, Florida, Craigslist reportedly gained $690 million in revenue. The online platform employs 50 employees and spends a little for its server and legal bills. Based on a Forbes estimate, Craigslist is now worth $3 billion because most of its sales are converted to profits.

Craigslist avoids innovation because it can earn $500 million in profits without even trying. On the other hand, OfferUp has a platform that allows users to list items for sale by posting a picture, price and brief description. Interested persons can haggle with the seller through the app and arrange a personal transaction.

A business can expect guaranteed exposure and rapid results through Los Angeles ads where you can post any stuff your wish sell or buy including announce forthcoming events in the community. You can enter your ads in the categories presented. A few examples of categories include beauty and health, automobiles, cell phones, clothing, electronics and many more.

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