Online Classifieds

Jeff Jarvis points to PaidContent: “In the past six months, visits to the big three online recruiters, Monster, Yahoos HotJobs, and CareerBuilder dropped by 23.7 percent, 18.4 percent, and 7.1 percent, respectively, Hitwise reports. The reason, BusinessWeek reports, is the rise of social networks and job sites dedicated to matching employers and job seekers in very specific pockets of the job market sites where musicians looking for work on cruise ships, for example.”

Jeff’s comment: “Software, social software, and online functionality are replacing the classified ad. The internet makes connections and ads are supposed to make connections and now they can be made directly.”

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Rajesh Jain

An Entrepreneur based in Mumbai, India.