The CEO of carsales.com.au was on ABC TV on the weekend saying that newspapers have been slow to compete with them.
People who have been reading this blog for more than a couple of years will know that I developed Find It as a newsagent connected online classifieds place. I closed Find It due to lack of support from newsagents. Participation was free. The ANF muddied the waters by promoting a competitive site for some time too.
I am confident that we (newsagents and publishers) will look back and say that online classified revenue should not have passed us by. Newsagents could have ‘owned’ this space.
Newspapers cannot really compete with online. If something happen, it will be first on those social network web sites, which it takes time to publish that thing on paper