How difficult is it, to launch a new classified ad website?

[Ab17282]

How difficult is it, to launch a new classified ad website? and how much money would you have to spend to generate traffic to the website?

 

[Scalloway]

Is it a national website or are you focusing on a niche or a local area?

 

[Ab17282]

Is it a national website or are you focusing on a niche or a local area?

hi, its a nationwide website

 

[Mr D]

How much do you want to spend on marketing the site? Likely your biggest single cost.

What is your timescale for breaking even? Couple of years? Longer?

 

[Ab17282]

How much do you want to spend on marketing the site? Likely your biggest single cost.

What is your timescale for breaking even? Couple of years? Longer?

looking at £1000 to start with, and expect to break even in a year.

 

[Mr D]

looking at £1000 to start with, and expect to break even in a year.

Thats a typo? Times by a hundred to start with?

 

[mattk]

Classified Ads work on volume. As a buyer, there is no point in browsing a site with no ads and as a seller there is no point listing items if there are no buyers.

This is why companies like eBay and Gumtree dominate the industry and why new entrants like Shpock are spending millions on TV ad campaigns. Then of course, you have to deal with Facebook, which has many localised free ad groups and classified ads on specialised sites, forums etc.

As Mr D says, you need a vast marketing budget to even make a dent in the above.

The other question of course is how do you intend to monetise your site?

 

[fisicx]

looking at £1000 to start with, and expect to break even in a year.

It that per day?

 

[Dario.c]

For a 1k total budget it will be surrealistic to generate leads for your website. You are looking at something like 2000 x months (depending on the size, I'm just making an assumption that is a small business) for at least 6 months and expand the content based on your target client.

 

[Alan]

I assume the OP has been banned. Look at their other posts ...