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Classifieds Can Still Produce Profits For Print Newspapers

Craigslist, Google, and other Web sites are making life difficult for those who sell traditional classified ads, for sure, but there's little reason to believe old-line print classifieds are a thing of the past. Not yet, anyway. Nicholas Carlson, a reporter for InternetNews.com, observes that while newspapers are being unfairly devalued by the marketplace, there needs to be a greater appreciation of papers' Web sites. "The top 20 newspapers boast five times more unique viewers than Craigslist, despite trailing the site in combined Web page views, according to Nielsen//NetRatings. And that number grew by 21 percent from December 2004 to December 2005," writes Carlson. "That kind of growth is due to traditional media's critical assets: long-term customer relationships, brand equity, real readership, real editorial," says Ari Jacoby, president of Adstar, an advertising company. "So while there's been a new-media explosion, newspapers have been every bit a part of it. And it's been because of their traditional strengths."

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