Which app have you used for finding an apartment? How would you improve it?
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I've used Zillow. I like it because it's easy to use - practically no learning curve, the UI is very intuitive and it's innovative - features like video tours of some houses set it apart.
When thinking about improvement, I'd first think about what would be the goal of improvement and then think about who would be the target audience to achieve these goals.
Judging by the current market dynamic with multiple equally strong competitors such as Redfin and House.com, I'll assume the goal would be to gain market share (as opposed to, for example, increase revenue or cut costs).
So we will measure success by looking mostly at acquisition and retention metrics.
Before diving into the exercise, I also want to aknowledge it's a marketplace type of product, so we'll need to think about all the involved parties: end consumers, house seller/renters and agents. I'd like to focus on the end consumers, since that's where I think the most potential for capturing a larger market share is and sellers/agents will come to the platform with the largest user base.
Consumer segments:
- Residential Renters
- Short-term
- Long-term
- Residential Buyers
- First time buyers / for own use
- Buyers for renting out
- Commercial Renters/Buyers
App: Housing.com
I have used Housing.com app for finding the apartment.
About Housing.com: App which helps users to find properties, flats for rent or sale. They are also into selling commercial spaces, not only residential. It is quite active in tier 1 cities in India.
You asked to improve right? I would like to know what do you mean by improve? - Is there any goal that we should look at?
It's upto you. You can choose whatever you want to improve in the application.
Improving Housing.com:
So from the following are the goals for the Improvement, I would like to choose increasing the userbase (aquisition) as the goal for the improvement.
1. Engagement
2. Aquisition
3. Retention
4. Revenue
Types of Users:
Users can be categorised into Commercial property Owners, Students looking for rents/PGs, Families looking for residencies, Professional Workspaces.
User Persona:
Stduents who are looking for flats and also for room mates as they are tech savy and move frequently from place to place compared to families. So those are our target audience for the improvement.
User Painpoints:
- Hard to find a good roommate who is trustworthy
- High Rents
- Hard to get the basic services for the few months (like maid service, furniture)
- Language Barrier to negotiate the terms with the owners
(Solving the first problem as many face it and also based on the value generated compared to the others)
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