LiveDeal announced record growth in June. The site recorded more than 1.4 million unique visitors, with traffic up 34 percent from May. ComScore reported the following growth rates for the Directories/Resources>Classifieds category: Craigslist.org (+11 percent), apartments.com (+8 percent), AutoTrader (-2 percent) and Yahoo! Classifieds (-16 percent).
"June's record number of unique visitors attests to the fact that LiveDeal's focus on providing an optimal experience for consumers all across the U.S. is paying off," Rajesh Navar, founder and CEO of LiveDeal, told TKG. "LiveDeal continues to expand our strong existing categories, such as pets, automobiles and furniture, and build out new categories, such as real estate, to reinforce our position as the leading online classifieds site that combines the best of local with the best of the Internet. LiveDeal has created a robust marketplace — not just a listings place — and consumers are recognizing the huge benefits we offer through this model."
TKG is compiling internal research that shows consumers' propensity to sell vs. buy products and services online. This research will be released over the course of the next few weeks. These forthcoming data suggest the overall classified market will continue to see robust consumer growth rates.