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Tackling the online local
classified ad market
{
“presented by”: “carl v. lewis”,
“for”: “savannah media network”,
“date”: “may 28, 2013”,
“contact”: “carl.lewis@savannahnow.com”,
}
The major players
Our possible solution
Does Craigslist have a
competitive advantage?
“It’s amazing how the decision not
to maximize profit has become
Craigslist’s unbeatable competitive
advantage. It is the one move other
companies can’t copy.”
-Craigslist CEO Jim Buckmaster
Does Craigslist have a
competitive advantage?
•Strengths: User base (20 bn
page views/month), brand name,
ease of use, habit, minimal
interface, decision not to
monetize to full potential.
•Weaknesses: Lack of security/
user verification, scammers, non-
visual UI, no inherent “local”
identity/community boosterism,
not mobile-friendly/responsive
Should local publishers even try
to compete?
•Virtually no costs to build/maintain.
• User-generated content.
• Enhances our brand recognition.
•Ties in with print edition of
Savannah Morning News/Do/BiS
• Possible small monetization
opportunities through sponsored
listings and one sidebar ad, especially
down the road.
Current classifieds product
(savannahdeals.com)
• Branding not clear as classifieds site
•Traditional “banner ad” layout;
cluttered UI, difficult to navigate/post
an ad.
• No social authentification/
integration
• Excessive monetization.
• Still says “C. 2009 Savannah Morning
News”
How local publishers can compete
• Requiring either social
or email authentication
and physical address.
• Encouraging use of real
name.
• Emphasizing local.
(better taxonomy, SMN
brand)
• Enhancing the visual UI
of listings, while still
keeping CL grid layout
• Requiring either social or email
authentication and physical
address.
• Encouraging use of real name.
• Emphasizing local. (better
taxonomy, SMN brand)
• Enhancing the visual UI of
listings.
• Device-agnostic HTML5/
responsive layout.
• Social (option to make further
profile info public to become a
“trusted” seller)
How local publishers can compete
• Simple ad submission, with
photo required for homepage
placement.
• Social integration
throughout (i.e. all “approved
for sharing” listings
automatically feed to
@savswap Twitter, FB feed).
• Geolocation
• Possible option to use SMN
as a secure exchange
location?
How local publishers can compete
Marketing: Easy, secure, local
• Short, punchy name/URL (two syllables shown
to prove more effective
• Heavy inclusion of SMN/savannahnow.com
brands.
• Promote not only as a tool, but a marketplace
for browsing visually.
• Invite subscribers for initial user-base
• Make sure every print classified ad buyer has
the FREE option to post online as well.
• Longterm: Possible checkbox to upsale listing
in print as well, with Paypal for payment?
• Mobile app component (already have exported
as template)
• Boosterism, customized “Savannah”
experience
savswap
Including clean, minimal brand
identity with:
To-Do List
• Decide on a strategy, put together framework to
execute.
• Fix user info fields, including FB connect on login
page.
• More mobile browser testing
• Add an actual search bar as well.
• Add in search taxonomy grouping underneath
visual listings.
• Exclude listings without images from homepage.
• Style and tweak app template for submission to
iTunes
Possible Issues
• Spam users
• Possible solutions
• REQUIRE FB or Twitter authentication.
Email auth is easily intruded by
spammers. OR, for subscribers, verify
address.
• Maintenance of “sponsored” or “promoted”
content (putting those listings in the right
place).
Questions? Thoughts?

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Tackling the local classified ad market

  • 1. Tackling the online local classified ad market { “presented by”: “carl v. lewis”, “for”: “savannah media network”, “date”: “may 28, 2013”, “contact”: “carl.lewis@savannahnow.com”, }
  • 2. The major players Our possible solution
  • 3. Does Craigslist have a competitive advantage? “It’s amazing how the decision not to maximize profit has become Craigslist’s unbeatable competitive advantage. It is the one move other companies can’t copy.” -Craigslist CEO Jim Buckmaster
  • 4. Does Craigslist have a competitive advantage? •Strengths: User base (20 bn page views/month), brand name, ease of use, habit, minimal interface, decision not to monetize to full potential. •Weaknesses: Lack of security/ user verification, scammers, non- visual UI, no inherent “local” identity/community boosterism, not mobile-friendly/responsive
  • 5. Should local publishers even try to compete? •Virtually no costs to build/maintain. • User-generated content. • Enhances our brand recognition. •Ties in with print edition of Savannah Morning News/Do/BiS • Possible small monetization opportunities through sponsored listings and one sidebar ad, especially down the road.
  • 6. Current classifieds product (savannahdeals.com) • Branding not clear as classifieds site •Traditional “banner ad” layout; cluttered UI, difficult to navigate/post an ad. • No social authentification/ integration • Excessive monetization. • Still says “C. 2009 Savannah Morning News”
  • 7. How local publishers can compete • Requiring either social or email authentication and physical address. • Encouraging use of real name. • Emphasizing local. (better taxonomy, SMN brand) • Enhancing the visual UI of listings, while still keeping CL grid layout
  • 8. • Requiring either social or email authentication and physical address. • Encouraging use of real name. • Emphasizing local. (better taxonomy, SMN brand) • Enhancing the visual UI of listings. • Device-agnostic HTML5/ responsive layout. • Social (option to make further profile info public to become a “trusted” seller) How local publishers can compete
  • 9. • Simple ad submission, with photo required for homepage placement. • Social integration throughout (i.e. all “approved for sharing” listings automatically feed to @savswap Twitter, FB feed). • Geolocation • Possible option to use SMN as a secure exchange location? How local publishers can compete
  • 10. Marketing: Easy, secure, local • Short, punchy name/URL (two syllables shown to prove more effective • Heavy inclusion of SMN/savannahnow.com brands. • Promote not only as a tool, but a marketplace for browsing visually. • Invite subscribers for initial user-base • Make sure every print classified ad buyer has the FREE option to post online as well. • Longterm: Possible checkbox to upsale listing in print as well, with Paypal for payment? • Mobile app component (already have exported as template) • Boosterism, customized “Savannah” experience savswap Including clean, minimal brand identity with:
  • 11. To-Do List • Decide on a strategy, put together framework to execute. • Fix user info fields, including FB connect on login page. • More mobile browser testing • Add an actual search bar as well. • Add in search taxonomy grouping underneath visual listings. • Exclude listings without images from homepage. • Style and tweak app template for submission to iTunes
  • 12. Possible Issues • Spam users • Possible solutions • REQUIRE FB or Twitter authentication. Email auth is easily intruded by spammers. OR, for subscribers, verify address. • Maintenance of “sponsored” or “promoted” content (putting those listings in the right place).