Craigslist Destroys Newspaper Profits

There is a great chart up at Silicon Insider today.

The chart shows revenues for Craigslist vs. MSM Newspapers. It shows free advertising offered by Craigslist has helped lead to the decline in classifieds revenue for newspapers.

I know from my own experience that my brokerage used to spend thousands of dollars each month on local newspaper ads. We now spend much less using paid websites and also utilize the free advertising offered on Craigslist.

Travis J. Bohling
Brewer Caldwell Property Management
480-212-7041 (Direct Line)
480-212-7042 (Fax)
Travisb@brewercaldwell.com

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