ST701
Encyclopedia
ST701.com is the leading site in Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...

 for online classified advertisements. Consisting of four sections - Jobs, Property, Cars, Shops, it serves the needs of job applicants, home seekers, drivers, e-shoppers, recruiters and online advertisers
Online advertising
Online advertising is a form of promotion that uses the Internet and World Wide Web to deliver marketing messages to attract customers. Examples of online advertising include contextual ads on search engine results pages, banner ads, blogs, Rich Media Ads, Social network advertising, interstitial...

. From January – June 2010, ST701.com was ranked number one in the Hitwise
Hitwise
Experian Hitwise is a global online competitive intelligence service which collects data directly from ISP networks to aid website managers in analysing trends in visitor behavior and to measure website market share. The Hitwise product is a commercial platform whereby customers pay Hitwise a...

 Singapore 'Shopping and Classifieds - Classifieds' industry based on monthly average market share.

  • Jobs: This job site uses a proprietary job matching technology and job management features to link job seekers to potential employers. After a S$3 million revamp in July 2010, it currently has 350,000 registered job-seekers and employers.

  • Cars: Vehicle classified ads for drivers to find new and used cars, commercial vehicles and motorcycles. It also provides a directory of shops for accessories, rental and after-sales service providers. The site also tracks trends for Singaporean car prices as well as vehicle Certificate of Entitlement
    Certificate of Entitlement
    The Certificate of Entitlement , instituted by the government of Singapore since May 1990, is a program designed to limit car ownership and hence the number of vehicles on the country's roads...

     prices.

  • Property: Focuses on local listings for Singapore property, editorials, guides and useful links, this section serves to connect property buyers, renters, sellers, agents and developers with one another.

  • Shops: The Shops section contains a wide variety of buyers and sellers for products and services, ranging from beauty products, IT items, catering services to educational courses and more. It also has a collection of shopping guides and articles. ST701 Spree, a social networking portal which facilitates cost-savings through bulk buying when shopping online from overseas merchants, is also part of this section.

  • Directory: The Directory section has a database of categorized businesses in Singapore. It was originally part of Rednano.

History

ST701 was launched by the Marketing Division of Singapore Press Holdings
Singapore Press Holdings
Singapore Press Holdings Limited is a media organisation in Singapore with businesses in print, Internet and new media, television and radio, outdoor media, and property. SPH has over 4,000 employees, including a team of approximately 1,000 journalists, including correspondents operating around...

 on March 24, 2006 with a S$10 million initial investment as an online extension of its classified business CATS Classified
CATS Classified
CATS Classified is the print classified advertising platform of Singapore Press Holdings . Its classifieds products are distributed together with various newspapers published by SPH. These include, The Straits Times, The New Paper, Lianhe Zaobao, Shin Min Daily News, Lianhe Wanbao, Berita Harian...

. First introduced as a job portal, ST701 carries the initials of The Straits Times
The Straits Times
The Straits Times is an English language daily broadsheet newspaper based in Singapore currently owned by Singapore Press Holdings . It is the country's highest-selling paper, with a current daily circulation of nearly 400,000...

, SPH’s flagship newspaper and Singapore’s national English broadsheet, the numbers “701” convey what the website hopes the user will experience: "7 days a week search at the 01 place that matters".


After the launch of the job portal, effort was diversified towards the development of 3 other section that would cover motoring, property and general merchandise and services. In 2007, a guerrilla marketing campaign, "Colleen Exposed", was launched in conjunction with this initiative. It detailed how Colleen Francesca, a former Miss Singapore-World, was able to buy and sell everything she needs to meet her daily needs without leaving "home" - a glass house at Raffles Place Park in full public view - for a week. Retaining The Straits Times identity, these sections were subsequently named ST701 Jobs, ST701 Cars, ST701 Property and ST701 Shops.


In 2008, ST701 Spree was launched to help local shoppers gain access to merchandise from overseas online shopping websites in an activity termed "spree-ing".

In 2010, a strategic realignment of Rednano led to the birth of the new Directory vertical in ST701. The Search Engine Marketing (SEM) arm of Rednano was also shifted to ST701.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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