Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOTMP.L Share News (OTMP)

  • There is currently no data for OTMP

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

OnTheMarket Doubles Website Visitors In First Month Since Admission

Wed, 04th Apr 2018 12:16

LONDON (Alliance News) - Online property marketplace OnTheMarket PLC said Wednesday its website OnTheMarket.com reached around 12 million visits during March, its first full month since admission to AIM.

This is more than double the amount of visitors the site had in both February this year and March 2017.

Visits are the individual sessions on the property market's website or mobile application measured by Google Analytics, the company said.

Despite being only a month of data, OnTheMarket is "very encouraged" by the growth and expects this momentum to continue through a combination of increasing marketing and the increase in branches signing up and listing properties.

The real estate agent also said it continues to grow its customer sales team, looking to double their team between early February's listing and the end of April.

It is hoped, it said, this will increase its capacity in the field to engage directly with "the thousands" of small and medium sized agent firms which make up the majority of the market.

Chief Executive Ian Springett said: "We are very pleased to have delivered a major uplift in visit traffic in the first full month post-IPO. The early signs show that even before the full ramp up of marketing spend, we have been able to generate significant increases in our levels of traffic to the site."

"We now look forward to a period of investment in marketing to build effective consumer engagement with the portal and will deploy more resource to proven marketing activities to attract more and more property-seeking consumers to OnTheMarket," he added.

Shares in OnTheMarket were trading at 109.00 pence a share, a drop of 0.5%, midday Wednesday.

More News
23 Oct 2018 09:22

OnTheMarket adds Belvoir Lettings to online portal

(Sharecast News) - Online property portal OnTheMarket revealed on Tuesday that it had reached an agreement with Belvoir Lettings to advertise the latter's UK residential sales and lettings properties at OnTheMarket.com.

Read more
11 Oct 2018 09:48

OnTheMarket swings to loss as costs rise

(Sharecast News) - OnTheMarket swung to a first-half loss as the property portal operator's growth strategy sent admin expenses through the roof, as it doubled the number of estate agent branches represented on its website and tripled its monthly traffic.

Read more
2 Oct 2018 08:57

OnTheMarket traffic hits record high in September

(Sharecast News) - OnTheMarket saw record traffic to its portal in September, continuing its meteoric growth, both online and on the ground, since its AIM flotation back in February.

Read more
5 Sep 2018 15:48

OnTheMarket Becomes Rental Listing Partner With Facebook Marketplace

LONDON (Alliance News) - OnTheMarket PLC on Wednesday said home rental property listings from its UK agents are now available on Facebook Marketplace as part of a UK launch.OnTheMarket has

Read more
4 Jul 2018 16:02

UK Shareholder Meetings Calendar - Next 7 Days

Thursday 5 July3i InfrastructureShires IncomePennon GroupU&I Portland 6 & 9

Read more
29 May 2018 11:13

OnTheMarket Adds 3,000 Estate Agent Office Listings Since February

LONDON (Alliance News) - OnTheMarket PLC said Tuesday it added 3,000 estate agents offices to its property sales platform since its London listing in February, meaning it now has listing with UK a

Read more
11 May 2018 17:39

LONDON MARKET CLOSE: FTSE 100 In 7th Weekly Gain; M&A Boosts FTSE 250

LONDON (Alliance News) - Stocks in London ended higher on Friday with the FTSE 100 recording its seventh straight week of gains, as ZPG and IWG surged on M&A the

Read more
11 May 2018 11:54

LONDON MARKET MIDDAY: FTSE 250 Climbs As ZPG Surges 30% On Takeover

LONDON (Alliance News) - The FTSE 100 was slightly lower at midday on Friday - though on course to end the week firmly in the green - while the FTSE 250 charged ahead as ZPG shot up

Read more
7 Mar 2018 11:35

CORRECT (Mar 6): Hunters Property To List Properties Via OnTheMarket

(Clarifying that OnTheMarket already has listed in London, with its IPO taking place in February.)LONDON (Alliance News) - Hunters Property Group a

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.