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view.com.au

Cremorne, Australia24 employees, since 2001

Quick Intro

View.com.au is a real estate portal launched by View Media Group, offering a "Freemium" listings model where vendors can list properties for free, with optional upgrades for agents. It showcases over 11 million Australian properties, whether listed or not, allowing buyers to express interest in unlisted properties. This approach aims to stimulate the market and provide a comprehensive view of the real estate market, differentiating it from competitors like realestate.com.au and Domain[1][2][3].

online advertising & marketing & property sales data

Business Model

Primary Revenue Streams of view.com.au

View.com.au, a property portal in Australia, primarily operates on a freemium model, offering free listings to distinguish itself from competitors like REA Group and Domain[3][5]. The portal's main focus is not on traditional advertising revenue but on exploring adjacent revenue streams.

Key Revenue Streams:

  1. Adjacent Revenue Streams: View.com.au aims to monetize through sectors related to real estate, such as utilities and finance. It plans to launch finance products backed by its partner ANZ[5].
  2. Buyer's Agency Services: The platform intends to act as a buyer's agency, generating revenue by funneling warm leads to agents[3].
  3. Data and Insights: While not explicitly mentioned, leveraging property data could be a potential revenue stream through data sales or analytics services.

Diversification of Revenue Streams

View.com.au's revenue streams are relatively diversified, focusing on non-traditional real estate portal revenue models. By targeting adjacent sectors and offering buyer's agency services, it seeks to reduce dependence on advertising fees, which is a common revenue stream for many real estate portals[3][5]. However, the extent of diversification might be limited compared to larger companies with multiple established revenue streams like Amazon or Google[2].

Overall, view.com.au's approach is innovative within the real estate sector but may require further expansion to achieve full diversification across multiple sectors.

Financials

Revenue Streams and Growth

  • Diverse Revenue Sources: Revenue is generated through multiple layers of product segments across the clothing and consumer goods retail sectors.
  • E-commerce Boom: Online sales accounted for 10.0% of total retail sales, with increased consumer transition to digital platforms for purchasing.
  • Investment Trends: Despite a 0.9% decrease in private investment, the sector remains at elevated levels indicating a persistent consumer demand.

Profitability Metrics

  • Operating Costs: Average operating costs in retail, including purchases and wages, are critical to profitability metrics which are further influenced by a rise in sector wages and expenses in recent quarters.
  • Salary Growth: Average weekly earnings in Australia have grown steadily, affecting both consumer spending capacity and employee compensation, which directly impacts profit margins.

Strategic Initiatives

  • Focus on E-commerce: Retailers are investing heavily in online shopping capabilities to capture the rising demand for digital purchasing options.
  • Location-Based Strategies: Businesses are utilizing geographic advantages to enhance market share and streamline supply chains across regions in Australia.

Biggest Challenges

  • Labor Market Tightening: Easing tightness in the labor market may lead to fluctuating wage demands, affecting operational costs and profit margins.
  • Investment Decline: A trend of declining investment in both public and private sectors could impact future growth potential for the retail industry.
  • Economic Volatility: Ongoing impacts from COVID-19 have led to disruptive trends, complicating the ability to assess underlying metrics for retail growth accurately.

Target Customers

Target Market of View.com.au:

View.com.au targets individuals interested in the Australian real estate market, particularly those looking to buy or sell properties. The platform appeals to a broad demographic, with a focus on providing a comprehensive view of the property market, including both listed and unlisted properties.

Targeted Customer:

The targeted customer includes potential homebuyers and sellers, as well as real estate agents seeking to connect with more clients. The platform's features, such as allowing interest in unlisted properties, cater to both consumers and agents navigating the competitive Australian property market[1][5]. The audience is predominantly Australian, with a significant portion being males aged 55-64[3].

Main Competitors

The primary competitors of View.com.au in the Australian real estate market are realestate.com.au and Domain.com.au. Here's how they differentiate themselves:

  • View.com.au: Offers free property listings and showcases around 11 million Australian properties, whether they are for sale or not. It uses a map-based search feature and allows users to express interest in unlisted properties[1].

  • realestate.com.au: Known for its comprehensive listings and user-friendly search tools, it provides detailed property information, high-quality images, and virtual tours[5].

  • Domain.com.au: Focuses on providing a wide range of listings with competitive pricing for advertising, along with additional services like domain registration and web hosting[5].

Office Locations

The search results do not provide specific information about the workforce or office locations of "view.com.au." However, if you are referring to a company named "View" or similar, it would be best to check their official website or contact them directly for accurate details.

If you meant a different entity, such as ADP or DDI, both have global operations:

  • ADP conducts global workforce surveys across 18 countries[1][3].
  • DDI has offices worldwide, including in the Americas, Europe, and Asia Pacific[2].

Tech Stack

The search results do not provide specific details on the foundational technologies used by view.com.au. However, based on the context of property platforms, foundational technologies might include database management systems for storing property listings, web development frameworks for building the user interface, and APIs for integrating with other services like mortgage and insurance providers. Additionally, technologies like cloud computing could support scalability and reliability.

Route 53 Amazon SES Outlook Microsoft Office 365 Amazon AWS Facebook Widget Facebook Custom Audiences DoubleClick Turn YouTube Vimeo DoubleClick Floodlight Google Play Google Analytics Adform Hotjar Chartbeat Google Tag Manager Mobile Friendly Facebook Login (Connect)

Products and Services

View.com.au offers several key products and services:

  1. Property Listings: Provides comprehensive listings for properties for sale, rent, and recently sold, along with unlisted properties.
  2. Property Price Estimate Tool: Offers access to over 11 million historical and recent sales results to help estimate current market prices and trends.
  3. Map-Based Search: Utilizes Nearmap for a superior map-based search experience.
  4. Mobile App: Available on iOS and Android, allowing users to search, plan, and research properties on the go.

These services solve problems by:

  • Simplifying Property Searches: Making it easier for users to find properties and access relevant market data.
  • Enhancing Decision-Making: Providing accurate property price estimates to inform buying and selling decisions.
  • Improving Accessibility: Offering a mobile app for convenient property research anywhere.