Google Debuts Free Classified Ad's
CNBC www.cnbc.com announced that Google Base will offer Free Online Classified Ad's.
Google Base will allow people to post and view ad's for everything under the sun for free and Google Base listings are expected to be much broader than www.craigslist.com , which www.Ebay.com owns 25% of.
Google Base is also including a form for people to post a home listing. The form has a space for details like price, property type, number of bedrooms. There is also a menu for Price Type showing "Fixed Price", which suggests Google will also hold auctions.
The entry of www.google.com into online classifieds will pose a serious challenge to Craigslist and Ebay. It could also hurt Yahoo, Hot Jobs, Monster Worldwide and real estate brokers. Newspapers, which are already being forced to cut ad prices because of competition from the likes of Craigslist, are also likely to feel the Google pinch.
posted by Pozos at 4:20 PM
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