VIDEO INTERVIEW: Malcolm Myers, Founder & CEO at European Internet Ventures

December 9, 2019

The 26th Property Portal Watch Conference was held in Madrid this past November; it was our largest event thus far, with 400+ C-Level leaders attending from 40 different countries around the world, among them, Malcolm Myers, CEO at European Internet Ventures (EIV) who sat down for a one-on-one interview with our Founder, Simon Baker.

Baker asked Myers to highlight two or three key takeaways from his presentation: "I think there are some very interesting developments going on. I think the most important one is that the models which have been very successful over the past years, what I call the classifieds 2.0 models, which is simply about listings and promoting listings, are increasingly coming under threat," said Myers, adding that the key message is that you should not stay in the 'comfort zone' of classifieds 2.0, you have to do something else.

Classifieds 3.0 which is ancillary services -- selling mortgages selling, finance of different forms of home repairs or insurance -- has some knowledge but it's usually more expensive, "I think that those kinds of services can go some way but usually have a lot of other competing vendors for those services, so property portals aren't necessarily making same margins on selling those services," stated Myers.

Watch the entire interview below.

Over 400 attendees are expected at our next event - the Asian Property Portal Watch Conference in Thailand. The Conference will be held in Bangkok from 26th to 27th February 2020, and it will run for two days, featuring expert Industry Speakers, Innovative Companies at the forefront of the online real estate industry. The Asian Property Portal Watch Conference also offers amazing Social Events, a perfect opportunity for networking.
We hope to see you there.

 

Join us February 26-27 for the Property Portal Watch Conference Bangkok 2020.

December 9, 2019

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

Proptech Farm Asia
PropTech Farm Targets Southeast Asia and Australia With New VC Fund

Venture capital firm PropTech Farm has announced the first close of its third fund, marking a new phase of investment...

Read More
Scout24 Houses Background 1
Scout24 Kicks Off 2025 with Double-Digit Growth and Expanding Margins

The Munich-based real estate portal operator Scout24 has reported a strong start to 2025, with first-quarter revenues rising 15.8% year-over-year...

Read More
Untitled Design 16 2
Product and Services Roundup: Avito, Endeska, Dubizzle, NoBroker

This week's Product Roundup starts with Avito (twice)...   Europe: Avito partners with M2Data for listing verifications Avito Real Estate...

Read More
Omp Investment Roundup 3
Funding and Investment Roundup: Avito, Spotahome, Third Door Ventures, Property Sense

This week's funding and investment roundup starts with a major deal in Russia that could see a public flotation shortly......

Read More

Editor's Pick