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Lookout Newspapers…Craigslist is growing stronger

By j_brennan + April 9th, 2009

According to Hitwise the poor economy has been a boon for online classified sites. The biggest beneficary – Craigslist. Yup, the hippe from San Fran with under 30 staffer might be able to shutter newspaper and job sites with job listing from $25 and $5 erotic service listing.

Intersting fact about online classifieds:

  • Craigslist visits increase 90% yer-over-year in Feb 2009 – other classified sites are up 22%
  • Of the Top 100 classified site, all but three are Craigslist sites
  • Craigslist attracts wealther housholds at it core, but growth has been seen in lower income groups (households with income over $150k were 68% more likly to visit Craigslist)
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