Purplebricks CEO accuses agents as being "miles behind" on digital personalization

February 16, 2020
Share this Post: 

Purplebricks' CEO has claimed that agents aren't up to snuff when it comes to utilizing data to provider a more personalized service.

Vic Darvey has given an interview to marketing site The Drum: the piece begins with the peculiar claim that Purplebricks is “coming out on top against competitors like Zoopla and RightMove.”

It then goes on to say that Darvey’s ultimate goal as boss of the UK business is to “bring more transparency” to the house buying and selling process.

The interview refers to Purplebricks’ financial position as “looking up” and Darvey is quoted as saying:

“We’re seen as a frontrunner in the tech space, but we also need to establish ourselves on the virtual high street and in communities.”

The piece says Darvey wants to highlight the fact that Purplebricks has 600 Local Property Experts “who can help it compete with rivals that have a local presence by offering pre, during and post-sale support.”

Darvey says Purplebricks is uniquely positioned to use the information gathered through its website and other digital activities to create an experience that “can’t be replicated on the high street.” 

He says:

“What we’re moving towards will be more akin to providing the experiences you see in other categories. If you look at the likes of entertainment, Netflix is among those using much deeper personalisation powered by [Artificial Intelligence], for retail it’s Amazon Recommends."

Read more here

February 16, 2020

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Propertyguru Singapore Skyline
Analysis: PropertyGuru Is Heavily Reliant on Singapore's Crazy Real Estate Market

Singapore is well known for its obsession with property and the market dynamics there are pretty unique...   There can't...

Read More
Strike
UK Challenger Strike (Purplebricks) Lost $23.6M in 2023

U.K. hybrid agency Strike, which acquired (and subsequently rebranded as) Purplebricks last year, recorded operating losses of $23.5M according to...

Read More
Zigbang
Zigbang Experiences Healthy Sales Boosts in 2023

South Korean portal operator ZigBang boosted its sales by an impressive 47% YoY worth approximately $93.8M, according to a 2023...

Read More
Zillow Hiring
Zillow TV Show to Land In May

Zillow's TV show will launch in May for broadcast on HGTV. After the major success of its Zillow Gone Wild...

Read More

Editor's Pick