Make Money Fast Online 89
A story in a magazine for dead-tree newspaper editors notes that many of the internet operations established in conjunction with newspapers are actually making money. Interesting stuff. Note that they're not making money from banner ads, but from classified ads.
I already know how to make money fast online (Score:1, Funny)
Re:I already know how to make money fast online (Score:1, Interesting)
Re:I already know how to make money fast online (Score:1)
Amazingly enough though, Spam is part of what the article recommends:
"Some 15 percent of interactive ad revenue at Yahoo! is e-mail marketing, and this percentage is expected to grow. Ninety percent of the online newspaper industry doesn't even collect e-mail [addresses] and few use them to generate revenue."
It's nice to know that Harvard Business School is urging companies to Spam their clients. God knows its important to scrape the revenue this quarter so who cares if you alienate your entire customer base by next quarter.
Finally... (Score:2, Interesting)
Soo.... (Score:3, Interesting)
Does this mean that Slashdot is going to start a new Classifieds section?
Re:Soo.... (Score:2, Funny)
Actually, that could make some money. I can see them now...
Re:Soo.... (Score:1)
Re:Soo.... (Score:1)
Re:Soo.... (Score:2)
I'm confused (Score:3, Funny)
I can vouch for web classfieds.... (Score:2, Interesting)
BTW - the careers classifieds are quite good as well if you are in Australia and looking for a job (professional).
- HeXa
Wow! That makes two! (Score:4, Funny)
1) Porn (yeah, not pr0n, I actually typed "it".)
2) Classified.
Put the two together and you have a cash cow. Idiotic sarcasim aside (which is hard for me to do) has this been done? Do any legal brothels (Nevada?) have web pages that take some form of e-commerce? What mixes are there of pr0n and classifieds... I bet they all make money.
Re:Wow! That makes two! (Score:1)
Re:Wow! That makes two! (Score:3, Informative)
Re:Wow! That makes two! (Score:1)
I belong to a sports gambling forum that charges an ungodly amount like 13 bucks a clickthrough for its ads.
Its far more lucrative than porn, cause there is no "greenguys link-o-rama" for gamblers. I mean sure, you can play "yahoo slots", but that isn't quite the same in relation to gambling as free porn is to well, pay porn.
Re:Wow! That makes two! (Score:1)
You might check the classified section [fark.com] of Fark.com [fark.com]. Although it has its share of standard, flashy web ads, it has a classified section which shows text links along the right column of the page.
Though it's not necessarily all about porn, a good deal of the classified listings are "boobies" related. Further, such ads make the site much more money as the pricing structure is $25 for normal ads and $100 for 'Not Safe For Work' ads.
I'm sure it wasn't a magic bullet for them, however. They had the classified section in long before they started throwing in the annoying flashing ads. In fact, I think you can still go through their farkives [fark.com] and see the site design regress to earlier versions as you do so. Or there's always the Internet Archive [archive.org]
My email (Score:1)
They don't need encouragement for that! (Score:2)
How hard is it to find out where a Harvard professor lives? But I could make a lot of money selling _that_ address!
Re:They don't need encouragement for that! (Score:2)
How hard is it to find out where a Harvard professor lives? But I could make a lot of money selling _that_ address!
Yah I'll second that, this is what the fuck is wrong with business education in this nation, no freakin ethics. Well there
Beh, that guy should not be allowed to teach anyplace in the US, or abroad for that matter. What the fuck is wrong with him?
Oh yah, he is a suit trainer, never mind. . .
Re:Harvest This!!!! (Score:1)
LoL It's not tracable, and my public library doesn't have internet.
Just one idea on how to have fun with his info!
If it's actually true info, that is
Re:Personals are better (Score:1)
please mod parent down.
Back to the topic. Wow. You mean people can make
money selling valued services via the web? Go figure.
Re:Personals are better (Score:1, Offtopic)
That's the problem with the internet. Pedofiles can be choosy.
Re:Personals are better (Score:1)
Re:Personals are better (Score:1)
(Im up way past my bed time, my memory's in standby-mode.)
Re:Personals are better (Score:1)
To which someone replied, likening that statement to some farfetched thing. To which the owner of the sig replied "Thanks. Now I can link to this when someone asks me what my sig means."
Re:Personals are better (Score:1)
Re:Personals are better (Score:1)
Make Money Fast Online (Score:1)
Wow... (Score:2)
Too bad nobody ever said this in 1998...
Online Classifieds? (Score:1)
Re:Online Classifieds? (Score:1)
Around here, they're very big on local sites... several TV stations and newspapers sponsor them. I just don't see the great demand outside the small area that the media outlets represent. What I'd be more impressed with would be just a simple BBS, perhaps with a GUI client and/or as an access point for cheap, branded Internet service. Because of the cost of access (long-distance), you wouldn't be inviting the world to post their two cents on your discussions about the dogcatcher race, and you'd have people keeping your logo on their screen longer.
Re:Online Classifieds? (Score:3, Insightful)
When I see an advertisement in the local paper, either online or dead tree, I'm confident that it is someone local to me. I call them up, go see it in person, and if I like it I bring it home. No worrys about that e-bay auction that Atari in mint condition that turns out to be made of cholate mint, no worry about buying a $1000 item from a seller who has been selling cheap stuff to get a good rating, and is now skipping town with my money.
E-bay is okay, but I don't like waiting for that auction to be over (and in the mean time I see a good deal elsewhere, but I still have the high bid)
Local is the key. I won't look at the Boone Iowa classifieds, but I will look at the Buffalo, Minnesota clasifieds. This is also good for advertiseers who need to serve local clients. Most slashdot readers would not take their car to Autoworks in Rockford MN (the owner is a good friend of mine), but if they could reach all the slashdot readers in the northwest suburbs of Minneapolis they might advertise on slashdot. However reaching the Asian readers is a waste of their money.
Buying... (Score:1)
Our solution... (Score:2, Interesting)
Tree-Based Reputation (Score:1)
According to the article, most of the successful newspaper websites treat their online portion as an extension of their print version (i.e. allowing people to 'upgrade' their classified ad to be posted online as well for an additional fee...at least thats how I read it.)
The significance people place on these 'profitable websites' is misplaced: the reson they are successful is because they have, for the most part, a solid backing in PRINT. However, those sites that attempt to do something different and are still successful bear examination. (i'll leave this as an exercise for the reader
I believe that this success is not true internet success: it comes from their ties to print media and the name recognition that comes with that.
Making money off the 'net (Score:2, Funny)
Basically, what you do is set up a website with some pictures of yourself as a 6 year old. All the pedaphiles will begin to email you and want to meet you.
Once you've reeled in a pedaphile, write back saying "My parents don't love me. They won't by me a Playstation 2. How will I know you love me?".
At this point, Mr. Pedaphile will send you a playstation 2 so that you'll meet him. You then sell the new playstation2 on Ebay.
Another up-side is that the pedaphiles usually send you a CD full of hard core porn. You'll be the envy of all your sick-friends with the collection you'll make.
One of the biggest problems (Score:5, Insightful)
I'm a web developer for a major, regional newspaper and I see it on a regular basis. There is interest in advertising online amongst advertisers. The real problem is getting sales reps out of the mode that print is the only way to go. The few reps who take an interest in selling online get almost immediate results. We've watched reps reluctantly go off to sell online and come back stunned by the response (however, the nature of a sales rep's job makes it easy to forget that); other reps claim that they spend all their time convincing advertisers that print is the way to go, and can't dilute that message by bringing online sales into it (and if that sounds like an excuse... well....)
The problem isn't limited to sales reps. Others (and I am not kidding about this) think the Internet is a "fad." I've heard that term kicked around by many people in the newspaper business. Watching people put the Internet in the same category as hula hoops or pet rocks gives me a real sense of what we're up against. Some of our reporters and editors express resentment in "giving our work away for free" online.
It's a frustrating experience, but from my perspective, the core problem is changing the way people think, particularly those who have the power to guide these kinds of things to profitability.
Re:One of the biggest problems (Score:5, Insightful)
I find your comments interesting. TV has been around over fifty years now (though popular for less time than that), and its popularity has really crippled newspapers. There used to be multiple newspapers per town, and extra editions available in the evenings when conditions warranted it.
Nowadays, if you want news, you flip on CNN. Or maybe one of their competitors. The newspaper tends to merely repeat information one could have gotten from the TV. But the newspapers found a nich--they could go much more in depth in detail because it doesn't matter how long it will take to read. Sure, there are space requirements, but information can be condensed.
So what I find most interesting is that some newspapers still believe that TV is a fad. And you know what? They are sorta right. And so are the people who believe that the internet is a fad. My opinion is that very soon, people will refer to the internet before flipping on a TV to get news. To prove this point, look at what happened on 9/11--people at work just slammed cnn.com and the other news sites. Most businesses don't have TV access--and if they do, they don't make it available to all.
Newspapers are ideal for internet publications. They are used to written forms of media. They know how to place ads on a page in such ways that they will draw attention. TV's only option is to actually break the content up and force you to watch an advertisement (or change channels). I believe that newspapers should be much better capable of handling this new media.
But, like you say, many newspapers aren't committed to the internet. They don't see how their current business can easily integrate into a viable online presence. It's sad that the authoritative news site on the internet is cnn.com, which actually has to work outside its own niche to produce. This is hardly efficient.
Anyways, like I said before--TV is sorta a fad. It has reached its peak in terms of news content (and I would venture that entertainment content has been piss-poor for years now). And at some point, the internet will peak, too. Probably with some media advancement like virtual reality to the consumer. That would allow TV companies to re-take the lead. Just imagine not merely seeing the news, but actually getting to "be" on location and watching the events occur. It's all just a long, drawn out competition and it's hard to say who will eventually win out.
Re:One of the biggest problems (Score:1, Troll)
Ever since 9/11 CNN has backed down from the hard questions and essentially repeats the offical line -- rather than doing some reporting (or even displaying some insight) to expose the real deal.
But is this not how it worked... (Score:2)
Whoa! (Score:5, Funny)
Who would have thought? First people bring porn online and make good money, now people bring classifieds online and make money. Next thing you know, there'll be online auction sites! Wow, there's lots of money to be made by charging for valuable content! Who would've thought?
Why is it so surprising that "Give us $15 and we'll run your classified ad online" makes money, while "Give us nothing while we establish market share by giving away our content, or, if we start to lose money, give us nothing while we download weird spyware that crashes your machine, or, failing that, give us nothing but please look at our flash 12.0 ads that only require a 4MB download, or maybe give us nothing while we figure out what new direction to take our business in" companies are failing left and right. Is it really that hard to figure out?
Perceived value = real value. Simple as that.
Cheers
-b
What's so special about making money? (Score:1)
This is how the cost for the telephone books can be (at least partly) covered, and if it works for them, why not websites?
Are they happy about it though: (Score:4, Interesting)
The question though. Are they happy about it?
What do I mean? Classifieds are THE most profitable part of dead-tree newspapers. A major reason newspapers WENT online is because they feared their classified business would be stolen by web sites. Hopefully--and I say this because I READ newspapers and Web sites--the demand for classifieds can support both.
[Disclaimer: Newspaper Association of America Slashdotted so I didn't read the article]
Re:Are they happy about it though: (Score:3, Interesting)
Go figure (Score:2)
Major problem: newspapers taking it seriously (Score:1, Interesting)
I'd been developing a PHP online classifieds system for a while and pretty much have it done (just need to incorporate an existing search engine from another project and get importing from XML working), specifically as a portfolio piece. It's easy enough to do that probably most
Now, they already are doing online classifieds and for some newspapers the system is up and running and looking good. You can even browse across chains of newspapers (friggin' media cartels) to get all sorts of ads. But, when you do, what you get listed back to you is pretty sparse. This suggests they're content to keep the push in print. This might make sense, because classifieds are a major revenue generator for a newspaper, and you don't suddenly want to offer an online classifieds system priced so well that it disrupts the print classifieds.
Small newspapers that don't have a whole lot of money to spend is going to think of online classifieds as copying and pasting out of a Quark page -- quick enough to get the job done but hardly very impressive. The end result is pretty ugly, non-searchable, and usually archived by page instead of by ad. This suggests they don't think the Internet is worth the extra effort needed.
Spook (Score:4, Funny)
I'm sorry, I'm not at liberty to divulge the actual nature of the ads themselves, since they're classifi*WHACK*
Ow! That really hurt! I mean, no, really, who throws a shoe?!
Re:Spook (Score:1)
That was a truly terrible joke. I can't believe you beat me to it.
Good show!
Re:Spook (Score:1)
nothing new here (Score:3, Informative)
Sounds about right (Score:1)
Slashdot's Classified ads system now online! (Score:1)
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body: SEDAN colour: GREEN ad date: 26/07/2002
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All for a low price of $12990! Contact 133t_d00d@hotmail.com
another article about making $ off the web (Score:1)
For what it's worth I wrote an article about
Web Communities and the Art of Making Money [imaginaryplanet.net].
I analyze the same issues.
Meet the new media, same as the old media (Score:3, Insightful)
And even though they're dirt simple -- no need to pay salaries for journalists, editors, illustrators & other creative talent -- a huge fraction of a paper's regular readers will spend lots of time poring over the daily classified ads. In other words, they're not just a big source of income, they're also a small expense.
If marketers are just waking up to this now, they've been asleep at the wheel for years.