Apart from all the scam posts that you can see on the popular website Craigslist, there are also the ones that can actually offer you a good deal. The site has a staff crew of nearly 30 people and it doesn’t use any ad services. So how does it make $100 million every year?
Since it’s short on staff members and doesn’t really use any ads, the website has only one other option available – charge people for browsing or charge them for their membership. Since it doesn’t actually do any of the above, it’s considered mainly as a free website. However, what you probably don’t know is that there are certain categories in which users have to pay the site if they wish to post a job offering or rental offering. For example, if you’re posting about an apartment renting in New York, you’ll be charged $10. You’ll have to spare $5 if you just want to repost your ad. $25 will go for job ads for the biggest 6 markets in the US, while $75 will be charged jobs in San Francisco.
And that’s how Craigslist makes money!