I was invited by SimplyHired’s Dave McClure to moderate the SDForum’s Search SIG event last night on classifieds and search.
- Bindu Reddy, Product Manager Google Base, Google
- Craig Donato, Founder/CEO, Oodle
- Keith Teare, Founder/CEO, Edgeio
The discussion was very candid and informal and revolved around the transition from traditional classifieds to online, the online classifieds business model (a question that wasn’t fully answered to my satisfaction) and the coming impact of self-publishing and RSS on online classifieds (could be revolutionary).
To that latter point, this was the first time I got a look at Edgeio, which uses the tagline "listings from the edge" ("the edge" might be a fresh and worthy substitute for the somewhat tired term, "the long tail"). Among other things, Edgeio allows people to self-publish "listings" (stuff/services for sale) on their own sites, which then get picked up via RSS and distributed to Edgeio and beyond.
It has pretty significant implications if it catches on. Teare described the site as a kind of "middleware" in the process of publishing and distributing listings/advertising across the network (this is a cousin of former Tribe CEO Mark Pincus’ vision articulated in his keynote at ILM:04). But the site’s not public yet and so I won’t go into it further.
The initial question I asked was, "What are classifieds; is there something fundamentally different about classifieds vs. other types of online advertising?" The answers were quite interesting, with Keith Teare arguing essentially that classifieds were just one form of "listings." Craig Donato (who wore a fabulous chartreuse shirt) made a powerful case that there were essential characteristics that distinguished classifieds (they’re "perishable," they’re local, fulfillment is offline). He argued that these traits required and justified a specific approach.
Bindu Reddy, who sought to emphasize that Google Base accepts classifieds content but is not "Google Classifieds," (I agree) said some fascinating things about how Google is experimenting with Base (e.g., tagging) and how the organization of content there may have broader implications for the next generation of Google search. (I also had another "vision" of Google’s vertical future during her demo.)
Reddy and Donato agreed that PPCall was a model that would have more and more resonance and application in the local market, including with classifieds (and the Jambo deal reflects that in a traditional publication).
This was my first such event and I think they’re very valuable (here’s the calendar), though unfortunately only available to people in the Silicon Valley area. They were recording it for podcast, but I don’t yet have a link. I’ll post one if I discover it.