I've long considered CL one of the biggest tragedies of the internet age. The problem is it's just good enough to prevent competitors from gaining critical mass, but it's not good enough to consistently do an adequate job. There's a huge pent-up demand for what CL provides, including local person-to-person commerce, sublets, apartment hunting, job hunting etc. I probably use CL about 2-3 times a year, and I end up re…
Classified sites used to be the dominant player in all of the markets they covered, but the profitable ones (housing, dating, jobs, etc.) have been taken over by companies specializing in those sectors leaving the classified sites with mostly the dregs of the market.
Sure some people might use CL for jobs and dating, but by and large those are the people who don't want to pay. Which is why CL's annual revenue is less than what sites like Monster and Match.com make in a few months.