Even a few years ago, classified websites used to make a lot of money for the owners. These used to be the most popular eCommerce websites. As time has changed, the dominance of these classified websites has also reduced on the World Wide Web. However, these classified websites are still making a decent passive income for the owners around the world. These classified websites are considered as the father of all eCommerce websites and in some countries these websites are still considered as the biggest web businesses. There are hundreds of ways to make passive income on these classified websites. You just need to have a plan to monetize the website like a business owner. Once you explore the options, you will soon find the best way to sum them all and create a powerful, stable and consistent flow of passive income online.
Ways to make passive income from a classified advertising website: a guide for the owners
Literally, a classified website can come up with a lot of income opportunities. One can start making a decent passive income just by offering featured positions on the listings. There are advertisements, sponsorship agreements and lot more that can make you money from a classified advertisement website. Let’s explore more about making money from a site that lists classified advertisements:
#1 featured listings
First of all, you can make a lot of money from the featured listings. If your website is receiving a decent amount of traffic from different resources, you will be able to charge a lot of money for listing the ads on the top as featured listings. If you’re still struggling to get a huge traffic, you can probably offer a cheaper rate, but you will still be making money from the featured listings! And for any classified ad website, featured listings is considered to be the number #1 income source!
#2 sponsored advertisements
Next comes – sponsored advertisements. Specially the large corporations and big companies sponsor these classified websites and they’re happy to rent a place on the homepage at a very good price. As websites can convert a lot of people into loyal customers, the big companies have special budget for the online resources. If you’re getting a decent amount of views and visitors, you can change a lot of money for showing these advertisements and make a decent passive income from this source as well!
#3 premium sponsorship or dedicated web stores
Finally – this is fairly a new concept compared to the previous twos. Many classified websites have taken their businesses to a whole new level. They have started optimizing their classified websites as virtual stores online. They are preparing themselves as auction stores, but at the same time, they are also allowing other companies to open their store or office with them. It’s easy, they just offer them a subdomain and some hosting space to run a complete site affiliated and associated with the classified website. And these premium option can make the classified site a decent passive income, right away!