Zoopla's Launches AdReach 2.0's Predictive Tech for Housebuilders

February 8, 2021
Share this Post: 

As part of Zoopla’s Transformative Vision 2021, the leading British platform has launched AdReach 2.0, an innovative digital marketing tool that gathers leads for home developers from homemovers before other portals or development websites. 

Alex Rose, Director of New Homes, Zoopla, said:

“Housebuilders are at the heart of everything we do, and the launch of AdReach 2.0 comes in direct response to feedback about what matters most to them, where their challenges lie, and how we can help.”

Backing AdReach 2.0 is the latest predictive, data-science technology that utilizes over 50 individual data points corresponding with any given property in the UK to monitor indicators that a property is about to go up for sale. This means that development marketing for such properties can go up on channels like Facebook up to 12 months in advance. 

Rose continued:

“Based on AdReach, the market-leading product that our customers know and love, powered by our unique first-party data, AdReach 2.0 is the first product in its generation to identify pre-consideration audiences, in turn putting developments front and center of prospective homemovers’ Facebook profiles before they’ve even started browsing portals of housebuilders’ websites.”

Furthermore, AdReach 2.0 services house developers throughout the development’s life cycle. In fact, Zoopla has indicated that the effectiveness of the product for house developers in 2020 was unmatched. The product generated almost 30,000 leads, a 2.8% average click rate, and predicted 78% of those looking to move within nine months in advance. 

Rose said:

“AdReach 2.0 is founded on market-leading consultancy and a commitment to innovate, and guarantees a return on investment for our customers, making it a low-risk, high-reward proposition for the market.”

Read more

February 8, 2021
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

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

Costar Q1 2024 Feat
CoStar Group Q1 Results: Homes.com Drives 12% Year-on-Year Revenue Growth to $656 Million

CoStar Group has released strong financial results in the same week that it announced its intention to acquire Matterport for...

Read More
Hemnet Feat
Hemnet Q1 2024: Strong Performance Across the Board for Swedish Market Leader

Swedish market leader Hemnet has revealed impressive results for the first three months of 2024, recording healthy double-digit growth YoY...

Read More
Costar Matterport
CoStar Group to Acquire Tech Firm Matterport for $1.6 Billion

CoStar Group has announced it will acquire the industry-leading real estate tech firm Matterport for $1.6 billion subject to shareholder...

Read More
Shutterstock 181374380
FangDD Full Year Financial Results for 2023: Net Losses Shrink as Revenues Rise

Chinese portal FangDD has released its full-year financial results for 2023, with optimism despite China's slow recovery post-pandemic. Highlights include:...

Read More

Editor's Pick