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SWOT

ANALYSIS

Strengths
  • Zoopla acts as a property aggregator for consumers, streamlining the process.

  • The website is more efficient and convenient than brick and mortar estate agencies.

  • Property managers access wider audiences and smaller businesses achieve equal reach to large businesses.

  • Website improvements are funded often, adding new features regularly.

  • Zoopla is able to partner with international companies.

  • Customisation and personalisation is available.

  • Zoopla has undergone a recent website rebrand and refresh.

Weaknesses
  • Service is limited to audiences that can access a computer and the internet.

  • Those that are IT illiterate may find the website difficult to use and search for traditional methods.

  • Estate agents upload their own content which can create an inconsistent website or invite fraudulent behaviour.

  • Any issues arising from seller to buyer interactions are linked to the website and Zoopla is liable.

  • Bugs and code errors arise, often triggered by changes in other areas of the website.

Opportunities
  • Zoopla can link the website with other related business and products, for example: Mortgage data, CRM.

  • Zoopla can branch further into global expansion.

  • New types of business can continue to be added i.e. commercial, park homes, retirement homes.

  • Acquisition of other related digital businesses continues to be a priority.

Threats
  • Websites are easily replicated with low upfront costs.

  • Technology is changing rapidly, so fast adaptation is very important.

  • Activity on the website is heavily affected by external factors i.e. mortgage rates, inflation.

  • Phishing and hacking can cause an insecure environment for users.

Zoopla: Digital Business

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