I am thinking about setting up a directory site myself, based around a local niche. I will charge the businesses 199 p.a to be listed on the site. There are about 1500 of these business in my location, so my aim is to convert 200-300 to paid listings.
Does anyone have any experience in directory sites? And can they still be a viable revenue stream? Or are the simply outdated?
Thanks, and I look forward to the comments.