Monetizing your classified website is the big deal nowadays. What you require is a solid business model and devise a revenue strategy that will work for your company.
But if you want the how that makes sense for a post free classified ads in Kuwait, it’s rather interesting. Allowing your users to post ads on your website free of cost doesn’t mean it’s totally free!
There are plenty of ways where you can earn significant revenue in a very short span of time…
01 - Charges against ad posts in paid categories
While some categories require no extra cost, there are some which are “pure gold”. For example, automobiles and real estate are an excellent opportunity to earn millions in a week!
The sellers who had distinct banners on the highlighted person of your website clearly demand the most engagement. And, they can have it albeit with an extra price tag!
02 - Charges against ads promotion
For every major free classified ads site in Kuwait, promoting ads is by far, the most productive way to ensure stable income.
And, why wouldn't it be?
Thanks to Google AdSense, you can easily monitor is your website and, also earn from affiliate marketers. For extra money, you can change the font, add highlights or even, make a special declaration for particular ads.
03 - Introduce premium packages for elite users
A great way to extra money is to sell premium packages to the most loyal and potential users. However, that doesn’t mean that you would limit all the advantages of using your classified portal for free users.
The core reason for introducing premium plans for post free classified ads in Kuwait is to offer a premium experience to elite customers. They can enjoy an ad-free experience along with special access to selected categories and many more!
04 - Sell advertising space for a lump sum amount
Have you seen posters or banners on the streets? You too can introduce such features on your classified website.
When you use a popular classified software its template allows implementation of Google AdSense. Hence, each clicks on the ads will be charged. And, when this is implemented with custom banners, then additional fees will be incurred.
05 - Charge extra for additional descriptions
A famous line once quoted –
“What you are good at, never do it for free…”
And, when there is additional work – you need to be paid extra charges as well. Therefore, an extended description is a possibility to earn a handsome income. For every free classified ads site in Kuwait, it is an attractive way to target potential customers.
Now, if there are extra images, additional charges will imply. More attractive and innovative is the image, better it is. Keep in mind that every seller would want a part of this. So, fix the rates accordingly. Greater the details, more worth are those ads!!
Now, do the math…
06 - Extra charges for extending the ads display time
No matter where the ads are posted – mishaps happen!
There might be times when buyers are not lured towards particular ads. Even though it reaches desired engagement, it still might not get cleared off shelves. That’s when sellers decide to hold on to those ads for a little longer. A last attempt to attract the attention of potential customers.
Now, even it is for post free classified ads in Kuwait, a few hours more can turn out to be a grand success. Hence, all the mumbo-jumbo!
Wrapping all up
Apart from these, there are other ways how Kuwait based classified sites earn. Those may range from putting ads up on the webpage to allowing payment through crypto-currencies. That being said, you are well aware of the monetizing process.
All the best in your future endeavors!!
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