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Friday, November 6th, 2009

Someone Is Trying To Reinvent Classified Advertising

June 3, 2008 by Mark  
Filed under Business

And I’m all for it!

I guess I could say I wish I had seen this from its inception but that isn’t true. Since posts about Walmart’s Classifieds have part of my current interest, I saw Erick’s at TC and read through the comments, coming across one by Bob Wyman. He mentioned the “no-coincidence” thought that Walmart’s new classifieds are being publicized at about the same time the newspaper industry is attempting to “recapture” the classified ad business.

Hence ReinventingClassifieds.com.

From their very first post;

“We’re especially looking for ideas that will help the newspaper industry figure out how to recover some of its lost classifieds business.”

To their post about Wal-Mart’s new Classifieds and Wal-Mart’s official line;

“We recently launched Walmart.com Classifieds beta to provide additional opportunities for our customers to save money and live better. This free, community-based resource allows customers to buy and sell items locally, find local jobs and learn about events in their area. Our new Classifieds beta at Walmart.com provides an expanded offering of products and services, the majority of which are not traditionally available from Wal-Mart, such as job listings, automobiles, rentals and real estate. It also further connects our community of 130 million customers who shop the Wal-Mart brand each week.”

Steve Outing and Co. are attempting to “bring experts together to revive newspaper classifieds by finding a new business model relevant in the Internet age.”

You’ll find a mixed number of opinions there whether classifieds can be saved or reinvented, including Bob Wyman’s. Good reading…

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