Craigslist's loss is other sites' gain. But total revenue for erotic services classified advertising sees big decline.
Backpage.com, a Village Voice Media property, and Eros.com were top beneficiaries of Craigslist's decision to stop accepting adult-services ads, according to classified ads consultancy AIM Group.
The consultancy estimates that Village Voice Media's Backpage.com received a total of $1.67 million in revenue from adult-services ads in September, an increase of $221,000 or 15 percent compared to the prior month. Eros.com saw its revenue from adult-services ads total $566,225, an increase of 36 percent compared to the prior month.
Craigslist had been collecting an estimated $3.7 million a month in adult-services advertising, according to AIM Group.
In August, AIM Group projected that the top sites for adult-services ads, including Craigslist, were on track to bring in a total of $76 million in annual revenue. With Craigslist out of the picture, the consultancy revised that estimate to $39 million for 2010.
The AIM Group report comes one day after Backpage.com said it would review all ads and images in the personals and adults sections of its site. Backpage.com executives said the company would search ads based on keywords to identify and ban inappropriate advertising and discussions as well as dedicate additional staff to identify questionable advertisements.
|Number of Listings||Estimated Monthly Revenue|
Source: AIM Group
August 10-12: Revolutionize your digital marketing campaigns at ClickZ Live San Francisco! Educating marketers for over 15 years, our action-packed, educationally-focused agenda covers every aspect of digital marketing. Early Bird rates available through Friday, July 17 - save up to $300! Register today.
Anna Maria Virzi, ClickZ's executive editor from 2007 until 2012, covered Internet business and technology since 1996. She was on the launch team for Ziff Davis Media's Baseline and also worked at Forbes.com, Web Week, Internet World, and the Connecticut Post.
US Consumer Device Preference Report
Traditionally desktops have shown to convert better than mobile devices however, 2015 might be a tipping point for mobile conversions! Download this report to find why mobile users are more important then ever.
E-Commerce Customer Lifecycle
Have you ever wondered what factors influence online spending or why shoppers abandon their cart? This data-rich infogram offers actionable insight into creating a more seamless online shopping experience across the multiple devices consumers are using.