Monday, September 14, 2009

India Classifieds and its impact

There seems to be a tremendous increase in the online classifieds industry in India. With growth online media, the advertising and classifieds is reducing the share of newspapers and print media. The overall advertising spend is forecast to be in the low while search advertising is growing fast. There will be a shift in the mind sets of people. They seem to be going from offline to online .This is a very positive trend.

The local commerce is growing at a very sharp pace. If you take the real estate industry more transactions is taking place online. In the real estate more advertisers are coming to the various classifieds portal. The real estate classifieds which basically covers the rentals apartment’s flats for sale covers a huge chunk in the market. It is used also in the classified portals which covers the local commerce. Then in the automobiles sector which covers the cars bikes and heavy vehicles segment which is of great use in the online classifieds. Just can you imagine the power of local commerce u can buy or sell your flats or car in a couple of hours or day? That is the power of the classified sites.

There is a tremendous growth for the classified sites especially in the south which is Chennai Classifieds and Hyderabad Classifieds and in the north it is the Delhi Classifieds and Mumbai Classifieds. These are going to take the local commerce in the online classifieds space to the next level. This will take the online classifieds asset to the next stage.

Tags: Chennai Apartments, Delhi Apartments, Apartments in Whitefield