Quoka.de first to reach 5 million ads
By Christo Volschenk
Free small ads platform Quoka.de this week broke through the 5-million barrier with its listed ads and celebrated itself as the German platform with “most listed ads” and as “the first to break through the 5-million barrier”. When the media statement (here) was released, the number of listed ads stood at 5.08 million. Continue reading
Germany’s youth gets own small ads portal
By Christo Volschenk
Germany has a new free small ads platform. It was developed in-house by media group Die Heisse Draht in Hanover, is called Smazaar.de and was launched on May 13. Smazaar.de is unusual, in the sense that it narrowly targets a user group, namely the smartphone-carrying, social-media generation, which is a predominantly younger-than-40 market. And it’s interesting, because the media group created competition for itself with Smazaar.de. Continue reading
Ki-trouve.fr buys DirectGrossiste.com and DirectdeStock.com
French general free ads site Ki-trouve.fr has made a bid for the B2B market with the purchase of DirectGrossiste.com and DirectdeStock.com both of which specialists in B2B wholesale, liquidation sales and surplus inventory disposal.
Between them the two B2B sites feature over 90,000 ads and a joint visitor total approaching 3 million a year.
Facebook testing classified upsells
The “freemium” business model is now the growing global default for classified ad business models — where the ad is free but the advertiser can pay a small fee for highlighting it, promoting it, extending it or otherwise making it more prominent.
Enter Facebook.
Just a few days before its initial public offering, Facebook is testing a freemium model for classifieds and other “highlighted posts.”
(We learned about it from Mashable.com, which in turn learned about it from the New Zealand blog “Stuff.” We haven’t yet had a chance to get confirmation from Facebook or follow up. We’ll do that next week, but Facebook is in a “quiet period” under securities laws and we don’t know whether they’ll talk at all.)
Facebook told Mashable “highlighted posts” is in a limited test, with prices ranging from nothing to “a couple of bucks. Two examples of potential “highlight” users the company gave were someone selling a car, or a band promoting an appearance. Mashable said highlighted posts could make Facebook a competitor to Craigslist. (Well, isn’t just about everybody?)
The Mashable piece includes a screenshot of one example of a purchase screen.
Monetize, monetize, monetize. We hate the word, but it’s something Facebook had better be doing. Because once it goes public, the pressure for increased revenue will be relentless.
Etsy now B Corp, gets $40 mil from VC
Etsy has just made two major changes. It is now a B Corporation, “a new kind of company that uses the power of business to solve social and environmental problems,” according to the handmade marketplace’s announcement. Additionally, it has gone back to the same venture capital wells for another $40 million for international expansion. The latter has some wondering if the site is overvalued at this point. Here’s The Wall Street Journal’s report on the matter.
Read the B corp announcement here.
