After much consideration, it has been decided that the New Zealand branding of The Property Brain, Think Property will in part be funded by unobtrucive advertiments. The decision came about in order to mitigate costs and provide a better service.
Why Will Profits From Adverts on Think Property be Passed on to Customers?
Although it sounds like spin to get extra profit, but it’s not. The cost of hosting a website, such as Think Property is in the server hardware and internet connections. The more visitors that there are to Think Property, the more powerful the servers have to be and the faster the internet connection has to be to accommedate this. Given that all these costs will be paid for by people listing their properties on the website, advertising on Think Property can significantly reduce the cost to sell your property.
It was decided that advertising on each page is the best way to reduce this cost because people listing property want the most number of views and the cheapest listing price. Clearly the number of views a property listing gets is directly related to the cost of listing, so using adverts that pays per view cuts costs and allows listings to be cheaper.
Cutting down the price of listing is nice for Think Property customers, but collecting money from advertising based on the number of views ensures that Think Property can be maintained and function properly as it grows in popularity.
More Information About the Decision to Advertise on Think Property
Think Property has decided to use Google as the prefered partner for advertising on the website. This is because Google tailor their adverts to the content of the particular webpage that is being displayed. Think Property believe that if their customers have to look at adverts, at least the adverts should be relevant to the things they are viewing. For example, if a visitor is viewing a residential listing, they will most likely get adverts regarding mortgage offers, services local to the area the house is in or perhaps adverts for other houses for sale in the area.
