Buy sell classified Ads listing platform is the most trending business model in recent days that assures better returns and gains greater credibility in the market. The main reason for this popularity is users get equal opportunity in selling and buying and unlike other marketplace platforms where vendors will be different and buyers will be different.
Know More About: Buy Sell Classified Ads Listing Software
How Such Platforms Make Money?
The Buy sell classified platforms have multiple revenue sources that will benefit users by gaining good returns. The common revenue streams are listed below.
- Commission – this is one of the popular revenue streams that get commission on each transaction that happens within the buy-sell ads listing platform.
- Subscription fee – the platform charges users a membership fee that will allow them to access all features of the platform. The fee can be charged monthly, half-yearly, or yearly basis.
- Listing fee – users pay the listing fee to the admin just to get their products listed on top of the website home page so that they can get better visibility and this will help them in better conversion.
- Advertising - the buy-sell platform allows third-party advertisers to advertise on its home page and will charge the advertiser according to the space allotted.