Craigslist is basically a centralized network of communities from around the world. These contain classified adverts, which are free of cost and represent everything under the sun. These ads range from housing, job opportunities, personals, barter/sale/wanted, resumes, community, pets and many other services.
Its history
Craigs list was initially founded during 1995 by a man called Craig Newmark. In 1999 Craiglist was made as a for-profit, private organization. During the year 2000, the company branched out into 9 additional cities in the USA, four additional cities in 2001-2002 and another 14 cities in 2003. Hence, you have Toronto Craigslist, Boston Craigslist, San Diego Craigslist, Craigslist NY, Chicago Craigslist and many others. There is also a Craigslist Vancouver, Craigslist Denver, Craigs List Atlanta, Craigslist Houston, Craigslist Raleigh, Craigslist Dallas, Craigslist Phoenix, etc, amongst others. As per statistics of September in 2007, the company presence is across 450 cities, spread across 50 different countries!
Revenues and Staffing
Craigslist has 24 people only as part of its staff and this is as per statistics from 2007. The paid advertisements on its site contribute to its revenue and each ad costs 75 dollars in San Francisco city. For other cities like Boston, San Diego, NY, Los Angeles, Chicago, Washington and Portland etc. the fee is around 25 dollars for an advertisement. For broker listings for apartments, the paid adverts are around 10 dollars each ad.
Each month sees the Craigslist site receiving page views amounting to around 9 billion hits. Every month, the site gets around 30 million classified advertisements and this has made Craigs list the leading classified advertisement providers across all media. In the job classifieds section alone the company gets around 2 million job posting advertisements in a single month! The Craigs list company has made around 150 million dollars as of 2007. However, there have been no official figures announced.
The three board members comprise Newmark, the founder, eBay and Jim Buckmaster, who is the CEO of Craigslist.
The Nonprofit Organization
Craigslist has for long maintained the fact that its primary interest is to serve people and help them find jobs, housing and other services easily. As an extension of this philosophy, the company started the Craigslist Foundation, a nonprofit organization in the year 2001. This helps budding nonprofit organizations establish ground and get visibility from their target audiences. The company also helps these aspiring organizations to get the attention of donors and enhances their skill sets and knowledge needed to assure success in the long-run. All charitable donations are welcomed by the organization and these funds are not directly provided to these nonprofit companies. Instead, Craigslist Foundation hosts person-to-person events and many online resources to help these budding organizations establish their identity and make a real difference to society at large.
Usability and features
Apart from the gamut of advertisements that Craigslist covers in its various sites, it also supports multiple languages. As per statistics from March 2008, the site supports non-English languages like Portuguese, French, German and Italian.
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