Following up the conversation from last week on Zillow’s January traffic (see Bad Week for Trulia).
This from Property Portal Watch:
According to Zillow, traffic was 7.5 million unique in January. However, according to other sources such as compete.com, traffic is much lower. Irrespective of this, it appears that having lots of traffic doesn’t necessarily mean that you have lots of revenue. The rumour is that Zillow has revenues around the US$10m per annum mark.
No doubt the company has been phenomenally successful building their brand. But Simon wonders how best build a business around all that traffic?
Read more at Zillow Turns 3 – What Have We Learned?