SME Times is powered by   
Search News
Just in:   • Vodafone Idea's Q2 net loss narrows to Rs 7,218 cr  • Aluminium exports to China rises 10 pc in Q1  • IOC Q2 profit soars on big inventory gains  • 'Value addition of farm produce essential to increase export competitiveness'  • Global smartphone market recovers in Q3, Samsung top seller 
Last updated: 18 Aug, 2017  

Magicbricks App Records 40 pc Rise in New Users in Last Quarter

NewsVoir | 18 Aug, 2017
Home buying journey today is not as cumbersome as it was a decade ago. Homeseekers were completely dependent on brokers and personal connect, however with evolved needs and technological advancements, one can now access information at the touch of their fingertips. With the introduction of mobile apps like Magicbricks - the process has become much simpler.

Magicbricks has been leading in this segment by introducing innovative and industry first consumer friendly features over a period of time. With 4 million downloads till date, 4.4 rating on Google Play store and maximum number of reviews by the users, Magicbricks stands out at the highest rated and also the fastest growing app in this segment. This app is user friendly with over 15 lakhs property listings, offering intuitive interface that allows buyers to connect with home owners with just a click.

Personalised features and services like Propworth, Real time chat, EMI Calculator amongst others has made Magicbricks app distinct in its space and category. It also offers tools to help make the property related decisions easier. Magicbricks app today is one of the highly engaging app with 90% loyal users and is 30% ahead of its nearest competitor in terms of the user base.

Prasun Kumar, Marketing Head Magicbricks.com, said, “Increasing mobile data consumption and rise in adoption of smartphones have given a thrust to the mobile apps. Thanks to the disruption in the telecom world, there has been an unprecedented growth in this segment. Magicbricks has witnessed a phenomenal 40% growth in app downloads in the last quarter and it has pushed us to evolve with our products and features. We are constantly working towards addressing the ever changing consumer demands by creating an immersive online experience for the home buying journey.”

 

Magicbricks app plays a key role in lead generation as well since 40% of us the consumers experience the site through the app. This also results in lead generation of around 30% for Magicbricks. Keeping in mind the current scenario, apps are increasingly playing a key role for home buying decisions.

 

About Magicbricks

Magicbricks.com is India’s No.1 property site. With monthly traffic exceeding 12 million visits and with an active base of over 14 lakh+ property listings, Magicbricks provides the largest platform for buyers and sellers of property to connect with each other in a clear, transparent manner. With this in mind, Magicbricks has innovated several product features, content and research services, which have helped us, build the largest audience pool.

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 31 Oct, 2020
  Daily Poll
COVID-19 has directly affected your business
 Yes
 No
 Can't say
  Commented Stories
» Turkey criticises Russia for attack on rebels in Idlib(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter