Understanding the Real Estate Consumer Journey
Transcription
Understanding the Real Estate Consumer Journey
Understanding the Real Estate Consumer Journey Clickstream Research into Real Estate – 2013 France Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 1 Executive Summary January-June 2013 20.5m are active in the online Real Estate market, with those purchasing attracting the largest number of visitors SEARCH GENERIC Search is an important part of the customer journey. 77% use search at anytime throughout their online journey. Usage highest amongst those that convert (88%) and amongst those that are looking to rent (74%) Nearly two thirds (67%) of searchers conducted Generic searches accounting with those looking for New Homes being the most likely to use Generic terms (76%). 54% of those that convert when looking to buy use Generic terms up to their first conversion, the highest compared to conversion in other sub segments Those that use sponsored search are 1.5 times as likely to make a conversion than the average user in the Real Estate market This increases to 1.8 times as likely when looking at the those that convert within Purchase Those YouTube users quoting or converting in the online Real Estate market visit YouTube more frequently than the average YouTube user Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 2 Key Metrics | 2013 v 2011 Total Purchase Rent Sell Out 2011 2013 2011 2013 2011 2013 2011 2013 Unique Audience (000s) 19,552,959 20,510,168 16,317,116 17,736,381 11,663,534 11,110,145 2,759,637 4,620,631 Time Per Person 2:41:21 2:40:00 2:22:08 2:19:11 1:57:25 1:55:25 0:15:20 0:28:59 Average Journey Length (Days) 74.1 75.4 66.8 69.2 59.8 53.7 20.0 26.1 Sites Per Person 5.5 5.1 4.9 4.4 4.0 3.5 2.0 2.2 Site Visits Per Person 23.9 21.3 20.2 17.7 15.0 13.2 3.2 3.6 Base: All those in the Real Estate market 2011 v 2013 Note: Audience by sub segment in the Real Estate market. New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 3 Understanding the Real Estate Consumer Journey Methodology and Definitions Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 4 Methodology • Custom analysis of Nielsen's NetView metered panel Period of analysis: January-June 2013 • Analysis based on: – Only Internet users that visit the pre-defined NetView Category: Real Estate included – Recoded to Google classification criteria – visits of selected sites (research), information, quotation or conversion on selected sites (Real Estate websites and Real Estate sections of e.g. online newspapers) included – An event can only happen once in a single site/session, this avoids double-counting occasions where a conversion involves multiple URLs – A start event is determined as the first Real Estate related activity in the period of analysis – Up to 1st event: Activity analysed between start and 1st event i.e. Conversion – Analysis restricted to Adults 21+ – Both search (i.e. Search on Search Engines) and research i.e. visitation to product pages is recorded within this analysis – Unique search terms categorised according to Google’s classification structures (Brand Only Terms, Brand with Other, Generic) – Referrals to data set are also included to identify non-search clickthroughs – Analysis within the report excludes Applications Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 5 Methodology: Key 2 separate segmentations included within the analysis: Sample Sizes Shown Internet User Segmentation Product Segmentation New Homes Investment* Purchase* Total Purchase Rent Sell Out Rent Out Total 5,928 5,136 3,173 1,317 387 659 Conversion 1,483 761 493 488 307 12 746 729 123 201 12 86 13 3,623 3,554 2,536 529 61 540 184 76 92 21 99 7 21 11 Quotation Information Research 208 Internet User Segmentation | Definition Research Information Quotation Conversion Anyone who has not performed a Conversion, Quotation or Information event Anyone who has not made a Conversion or Quotation event but has made a valid property search or viewed details of a property Anyone who has not made a Conversion event but has asked for a quote, requested a brochure or created an account Anyone who has posted an ad, clicked on a contact form, printed or send details to a friend *Note: New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ Analysis on sub segments indicated in sample by italics are to small to report on and are not included within the report Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 6 Methodology: Key Real Estate | FR Sample Size: 5,928 Please note: Only Real Estate related activity is included Category: Site Designations Classifieds (Multi-cats) RealEstate Classifieds Leboncoin.fr SeLoger.com Networks ORPI Home/Property Loan Meilleurtaux.com Credit Immo Maps Google Maps Information Press Meilleurs Agents ouestfranceimmo New Homes immoneuf.com Real Estate | FR Source: Nielsen NetView France January-June 2013 Tax Exemption Nexity Investissement Immobilier Definitions • Category Referral = clicked link from another website • Non-category referral = clicked link from another website which is not Real Estate related or search • Natural Search = SEM clickthroughs from a search engine • Sponsored search = PPC clickthroughs from a search engine • Direct = No referral route information was obtained. It may be from bookmark, history, typed URL in address bar, or a link from another PC application. Google Confidential and Proprietary 7 Understanding the Real Estate Consumer Journey Market Profile Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 8 20.5m are active in the Real Estate online market, with those purchasing [buying a home] attracting the largest number of visitors Real Estate: 20,510,168 % of Real Estate Market Unique Audience (000s) Purchase 17 736 381 Rent 11 110 145 Sell Out 4 620 631 New Homes Purchase Rent Out Investment 2 518 529 1 417 698 768 422 86% 54% 23% 12% 7% 4% Base: All those in the Real Estate market Note: Audience by sub segment in the Real Estate market. New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 9 61% gather information e.g. view property details, 13% get a quote e.g. request a brochure, and 25% convert e.g. click on contact form Real Estate: 20,510,168 1% Research 252,132 61% Information 12,444,402 13% Quotation 2,606,529 25% Conversion 5,207,104 Base: All those in the Real Estate market Note: Type of activity in the Real Estate market. Segments are hierarchical and mutually exclusive. Percentages may not add up to 100% due to rounding Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 10 Unique Audience | Overlap Audience Information Purchase Rent Sell Out Rent Out Purchase 17,014,532 8,489,490 2,077,127 299,662 New Homes Purchase 2,326,509 Rent 8,489,490 10,990,557 1,420,575 308,815 1,336,006 494,808 Sell Out 2,077,127 1,420,575 2,575,375 108,264 603,311 202,751 Rent Out 299,662 308,815 108,264 351,873 101,888 45,816 2,326,509 1,336,006 603,311 101,888 2,326,509 705,545 Investment 705,545 494,808 202,751 45,816 705,545 705,545 Purchase 100% 50% 12% 2% 14% 4% Rent 77% 100% 13% 3% 12% 5% Sell Out 81% 55% 100% 4% 23% 8% Rent Out 85% 88% 31% 100% 29% 13% New Homes Purchase 100% 57% 26% 4% 100% 30% Investment 100% 70% 29% 6% 100% 100% % Audience New Homes Purchase Investment 705,545 Base: Those who gather information in the Real Estate market Note: Audience Overlap by sub segment in the Real Estate market. New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 11 Different Real Estate activity drives different behaviour e.g. a lower proportion convert amongst purchasers compared to sellers 2% 15% 6% 15% 4% 15% 14% 37% 78% 16% 88% Conversion Quotation 69% 82% 80% 40% Information 3% Research 2% 1% 7% 16% 2% Purchase Rent Sell Out Rent Out 3% New Homes Purchase 6% Investment Base: Those visiting sub segments within the Real Estate market Note: Type of activity by sub segment in the Real Estate market; New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ Figures may not add up to 100% due to rounding Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 12 Those in the online Real Estate market follow the internet population profile in terms of age and gender 21-49 Women Conversion 55% Quotation 47% Conversion 66% Quotation 62% Information 50% Information 57% Total Real Estate 60% Total Real Estate 51% Internet Profile 58% Internet Profile 50% 1 4 Gender 1 Age 6 4 2 1 3 Profile % Profile % 2 3 2 1 = Men 2 = Women 1 = 21-34 3 = 50-64 2 = 35-49 4 = 65+ Base: All those in the Real Estate market Note: Profile of those that gather information, get a quote or convert within the Real Estate market; Figures: Profile % Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 13 Those who convert in the online Real Estate market, however, are more likely to be women and aged 21-49 21-49 Women Conversion 55% Quotation 47% Conversion 66% Quotation 62% Information 50% Information 57% Total Real Estate 60% Total Real Estate 51% Internet Profile 58% Internet Profile 50% 1 4 Gender 1 Age 6 4 2 1 3 Profile % Profile % 2 3 2 1 = Men 2 = Women 1 = 21-34 3 = 50-64 2 = 35-49 4 = 65+ Base: All those in the Real Estate market Note: Profile of those that gather information, get a quote or convert within the Real Estate market; Figures: Profile % Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 14 Silver Surfers in the Real Estate market are more likely to gather information than get a quotation or convert Silver Surfer Conversion 34% Quotation 38% Information 43% Total 40% Internet Profile 42% 1 50+ Profile % 2 1 = Silver surfer (50+) 2 = Other Base: All those in the Real Estate market Note: Profile of those that gather information, get a quote or convert within the Real Estate market; Figures: Profile % Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 15 Different genders drive different online Real Estate behaviour e.g. women are more likely to get quotations when wanting to rent a property but less likely to get quotations when renting out properties online 49% 51% 48% 58% 48% 54% 39% 52% 59% 64% 54% 53% 49% 50% 55% 47% Total | 51% 50% Women | Profile % Conversion Quotation Information Total Purchase Rent Sell Out Rent Out New Homes Purchase Investment Base: Those visiting sub segments within the Real Estate market Note: Women (gender) profile of those that gather information, get a quote or convert within Real Estate sub segments; Figures: Profile % New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 16 21-49s are more likely to convert across all sub segments within Online Real Estate 64% 59% 58% 63% 61% 68% 60% 58% 65% 47% 64% 68% 67% 66% 62% 57% Total | 60% 57% 21- 49 | Profile % Conversion Quotation Information Total Purchase Rent Sell Out Rent Out New Homes Purchase Investment Base: Those visiting sub segments within the Real Estate market Note: Age 21-49 profile of those that gather information, get a quote or convert within Real Estate sub segments; Figures: Profile % New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 17 Understanding the Real Estate Consumer Journey The Journey Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 18 Those that look convert are the most active in the online Real Estate market, visiting more sites per person and conducting more searches Those that get a quote are more likely to use generic terms than those who gather information or convert Sites per person Searches Per Searchers % of searchers that use Generic Terms Searchers (%) Total 5.1 77% 14.2 67% Information 3.3 72% 6.4 62% Quotation 7.3 83% 13.7 77% Conversion 8.5 88% 29.6 71% 1st Entry Point in Journey* (% of those concerned by this behaviour) Google Search Google Search Google Search Google Search 1st Entry Point in Event Session* (% of those concerned by this behaviour) Google Search Google Search Google Search Classifieds (Multi Cat) Base: All, those that gather information, get a quote or convert within in the Real Estate market Note: Activity of All versus Information, Quotation and Conversion in the Real Estate market *Based on Top entry channel Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 19 Those looking to buy [Purchase] tend to be more active compared to the visitors of other sub segments Total Avg. Journey (Days) H Sites per Person Purchase H 69.2 days L Rent Out L 15.8 days Rent Rent Out 56% search H New Homes Purchase L Rent Out 28% of searchers L New Homes Purchase 21 mins 51 sec Purchase Investment 2.7 searches % of searchers whose very first search term is Generic H 76% of searchers L 1.7 sites 2 hrs 19 mins 11 secs 12.3 searches % of searchers that use Generic terms H Rent Out Purchase Searches per searcher 74% search L H 4.4 sites Searchers (%) H Purchase Time Spent per Person New Homes Purchase 67% of searchers L Rent Out 23% of searchers H = Highest L = Lowest Base: Those visiting sub segments within the Real Estate market Note: Activity of all in the Real Estate market. Highest and Lowest sub segment shown New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 20 Those looking to buy [Purchase] tend to visit more sites [4.4] but those that are looking to rent are more likely to search [74%] Searches Per Searchers Purchase Rent New Homes Purchase Sell Out Investment 2,8 1,7 2,7 1,8 3,7 2,2 4,6 2,4 3,5 4,4 9,5 12,3 Sites Per Person Rent Out 28% 56% 70% 68% 63% 73% 76% 73% 60% 73% 57% 74% Searchers (%) Searchers who use Generic Terms (%) Rent Investment New Homes Purchase Purchase Sell Out Rent Out Base: Those visiting sub segments within the Real Estate market Note: Activity of all in the Real Estate market. New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 21 Those that get quotes are more likely to use Generic terms up to their first quotation Sites per person Avg. Journey (Days) Searchers (%) Searches Per Searchers % of searchers that use Generic Terms Up To Information 1.4 1.3 55% 1.6 48% Up To Quotation 4.1 32.3 71% 6.4 68% Up To Conversion 4.4 42.1 75% 10.8 53% On average 4 sites are visited and 11 searches per searcher are conducted before the first Conversion Base: Those that gather information, get a quote or convert within in the Real Estate market Note: Activity for Information, Quotation and Conversion in the Real Estate market UPTO the first event Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 22 Those that are looking to sell are most likely to search and use generic terms before the first visit to an information page Up To Information Avg. Journey (Days) H Purchase Sites per Person H 1.4 days L Rent Out 0.004 days [6 mins] 1.5 sites L Searchers (%) H Sell Out Purchase 52% search Rent Out 1.3 sites Searches per searcher H 75% search L Sell Out New Homes Purchase 2.1 searches L Rent Out 1.7 searches % of searchers that use Generic terms H Sell Out H = Highest L = Lowest 91% of searchers L Purchase 42% of searchers Base: Those that gather information in the sub segments of the Real Estate market. Note: Activity for those that gather Information within the Real Estate sub segments UPTO the first event. Highest and Lowest sub segment shown New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 23 Those that are looking to rent are most active: visiting more sites and are more likely to searching before the first visit to a quotation page Up To Quotation Avg. Journey (Days) H Rent Sites per Person H 41.2 days Sell Out L 4.6 days 4.0 sites L Searchers (%) H Rent Sell Out 53% search Sell Out 1.8 sites Searches per searcher H 84% search L Rent Rent 10.1 searches L New Homes Purchases 2.8 searches % of searchers that use Generic terms H Sell Out H = Highest L = Lowest 78% of searchers L Purchase 68% of searchers Base: Those that get a Quotations in the sub segments of the Real Estate market. Note: Activity for those that Quotations within the Real Estate sub segments UPTO the first event. Highest and Lowest sub segment shown New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 24 Those that are looking to buy are more active, spending longer in the market, visiting more sites and conducting more searches per person before converting Up To Conversion Avg. Journey (Days) H Purchase Sites per Person H 46.8 days L Rent Out 1.2days 4.9 sites L Searchers (%) H Purchase Rent Out 45% search Rent Out 1.5 sites Searches per searcher H 79% search L Purchase Purchase 12.5 searches L Rent Out 2.0 searches % of searchers that use Generic terms H Purchase 54% of searchers L H = Highest L = Lowest Rent Out 10% of searchers Base: Those that convert in the sub segments of the Real Estate market. Note: Activity of those that convert within the Real Estate sub segments UPTO the first event. Highest and Lowest sub segment shown Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 25 Key Metrics | By Product Segment Purchase Rent Sell Out Rent Out New Homes Purchase 0,0 11,6 0,1 1,2 0,0 4,4 4,6 0,1 0,8 38,6 41,2 46,8 1,4 33,0 Average Journeys (Days) | Up To First Event Investment 1,5 2,1 1,4 1,5 1,3 1,7 1,8 1,5 3,7 4,0 1,4 Up To Quotation 1,4 Up To Conversion 4,9 4,0 Sites per person | Up To First Event Up To Information Purchase Rent Sell Out Rent Out New Homes Purchase Investment Base: Those that gather information, get a quote or convert within sub segments in the Real Estate market Note: Activity for Information, Quotation and Conversion within the Real Estate sub segments UPTO the first event New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 26 Key Metrics | By Product Segment Purchase Rent Sell Out Rent Out New Homes Purchase 68% 72% 64% 45% 63% 51% 53% 75% 71% 84% 59% 79% 52% 70% Searchers (%) | Up To First Event Investment Purchase Rent Sell Out Rent Out New Homes Purchase 1,9 2,8 2,1 2,0 1,7 2,3 1,8 2,8 9,3 10,1 1,7 6,0 1,7 12,5 Searches by Searcher | Up To First Event Investment Up To Information Purchase Rent Sell Out Rent Out Base: Those that gather information, get a quote or convert within sub segments in the Real Estate market Note: Activity for Information, Quotation and Conversion within the Real Estate sub segments UPTO the first event New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ Real Estate | FR Source: Nielsen NetView France January-June 2013 New Homes Purchase 47% 72% 70% 10% 64% 21% 78% 91% 46% 70% 44% 54% Up To Quotation 68% Up To Conversion 42% % of Searchers who use Generic Terms | Up To First Event Investment Google Confidential and Proprietary 27 Google Search is important at the start of the journey - the first entry point into the market regardless of activity is via Google Search Top 5 First Entry Points Audience (%) Information 45% Google Search Classifieds (Multi Cat) RealEstate Classifieds Other: Search Other: Member Communities Quotation 15% 12% 7% 3% 40% Google Search RealEstate Classifieds Classifieds (Multi Cat) Conversion 10% 8% 41% Google Search Classifieds (Multi Cat) 31% RealEstate Classifieds 7% 6% Quotation 6% Other: Search Other: E-mail 5% Other: E-mail 3% Base: Those that gather information, get a quote or convert within the Real Estate market Note: The first entry point of those that gather information, get a quote or convert; An entry point is defined as the first relevant content page visited, however if this is referred from another web page the referring page is used. The most likely entry relevant category is shown for both the very first relevant content page. Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 28 Google Search is a primary entry point for into the category for all activity across sub segments but is superseded by Classifieds (multi-cat) when to comes to conversions for those that are looking to sell or rent out First Entry Points Information Quotation Conversion First entry point is the same in all sub segments: First entry point is the same in all sub segments: First entry point for Purchase & RENT is: Google Search Google Search Google Search For SELL OUT & RENT OUT it is: Classifieds (Multi-Cat) Base: Those that gather information, get a quote or convert within the sub segments in the Real Estate market . Note: First entry point of events; An entry point is defined as the first relevant content page visited, however if this is referred from another web page the referring page is used. The most likely entry relevant category is shown for both the very first relevant content page. Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 29 The first touch point in the event session is Google Search except for conversions where Classifieds (multi-cats) is also predominant Top 5 Event Session Entry Points Audience (%) Information 47% Google Search Classifieds (Multi Cat) RealEstate Classifieds Other: Search Other: Member Communities Quotation 15% 12% 7% 3% Conversion 39% Google Search Classifieds (Multi Cat) 39% 39% Home/Property Loan 13% Google Search Quotation 12% Other: Search 6% RealEstate Classifieds 7% Other: E-mail 4% Other: Directories/Local Guides 6% RealEstate Classifieds 4% Base: Those that gather information, get a quote or convert within the Real Estate market Note: The entry points within event session of those that gather information, get a quote or convert; An Entry Point is defined as the first relevant content page visited, however if this is referred from another web page the referring page is used. Based on the session when the event occurred Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 30 The first touch point in the event session is Google Search across all sub segments except for conversion in Rent, Sell Out & Rent Out where Classified (multi-cats) lead Event Session Entry Points Quotation Conversion First entry point is the same in all sub segments: First entry point is the same in all sub segments: First entry point is the same in all sub segments: Google Search Google Search Classifieds (multi-cat) Information except for: Purchase where the top entry point is: Google Search Base: Those that gather information, get a quote or convert within the sub segments in the Real Estate market Note: Top 2 entry points within the event session of those that gather information, get a quote or convert; An Entry Point is defined as the first relevant content page visited, however if this is referred from another web page the referring page is used. Based on the session when the event occurred. Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 31 Understanding the Real Estate Consumer Journey Search Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 32 3 out of 4 of those who convert use search beforehand Sponsored Searchers (%) Searchers (%) Up to Conversion 75% Up to Quotation 71% Up to Conversion 30% Up to Quotation 33% Up to Information 11% Up to Information 55% Base: All Period: UP TO First Event Base: Searchers Period: UP TO First Event Base: All and searchers in the Real Estate market Note:% of searchers and % of searchers that use sponsored search UP TO the first event. Searches are defined as only those that lead to a relevant website. A sponsored search/Link is one that requires a Search Engine redirect to point it to the website. Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 33 Those that convert are more likely to use 6 or more searches up to the first conversion event % of searchers up to the first event 100% Up To Information 90% Up To Quotation 80% Up To Conversion 70% 60% 50% 40% 30% 20% 10% 100+ searches 90 - 99 searches 80 - 89 searches 70 - 79 searches 60 - 69 searches 50 - 59 searches 40 - 49 searches 30 - 39 searches 25 - 29 searches 20 - 24 searches 15 - 19 searches 10 - 14 searches 6 - 9 searches 1-5 searches 0% Base: All, those that gather information, get a quote or convert who search within in the Real Estate market Note: Number of searches made UP TO the first event. Searches are defined as only those that lead to a relevant website. Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 34 Those looking to rent are most likely to search up to the first quotation, whereas it is those looking to buy that are most likely up to the first conversion 68% 72% 64% 45% 63% 51% 53% 75% 71% 84% 59% 79% 52% 70% Searchers (%) Up To First Event Up To Information Up To Quotation Up To Conversion Purchase Rent Sell Out Rent Out New Homes Purchase Investment Average searches per searcher Purchase Rent Sell Out Rent Out New Homes Purchase Investment Up To Information 1.7 1.7 1.8 1.7 2.1 1.9 Up To Quotation 6.0 10.1 2.8 12.5 9.3 2.3 Up To Conversion 2.8 2.0 Base: Those visiting sub segments within the Real Estate market Note: % of searchers in different segments within Real Estate sub segments UP TO the first event. Searches are defined as only those that lead to a relevant website. New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 35 Those looking to Purchase are most likely to use sponsored search up to the first conversion event 45% 20% 23% 9% 12% 30% 36% 5% 29% 40% 31% 11% Up To Quotation 12% Up To Information 25% Sponsored Searchers (%) Up To Conversion Purchase Rent Sell Out Rent Out New Homes Purchase Investment Base: Searchers visiting sub segments in the Real Estate market Note: % of searchers using sponsored search in that get a quote, visit Quotation pages or Conversion within Real Estate sub segments UP TO the first event A sponsored search/Link is one that requires a Search Engine redirect to point it to the website. New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 36 More searchers used Generic search terms up to an information and quotation event and brand only up to a conversion event Up To Information Up To Quotation Searchers % Up To Conversion Searchers % Searchers % 68% 48% 44% 75% 53% 51% 26% 16% 10% Brand Only 46% Brand Generic with Total Other Searches Brand Only 38% 45% 9% Brand Generic with Other 54% Brand Only 34% Searches 8% Brand Generic with Other Searches 56% 10% Base: All, those that gather information, get a quote or convert who search within in the Real Estate market Note :% of searchers and % of searches that used generic, brand only terms & brand with other text UP TO the first event; Searches are defined as only those that lead to a relevant website Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 37 Those who convert within Purchase are most likely to use Generic terms before the first conversion event 47% 72% 64% 70% 78% 21% Up To Conversion Up To Quotation 10% 46% 44% 54% 42% 68% 70% 91% Generic Searchers (%) Up To First Event Up To Information Purchase Rent Sell Out Rent Out New Homes Purchase Investment Base: Searchers visiting sub segments in the Real Estate market Note: % of searchers in different segments within Real Estate sub segments that use GENERIC terms UP TO the first event. Searches are defined as only those that lead to a relevant website. New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 38 36% of searches up to the first conversion amongst those looking to rent utilised generic terms. 47% 63% 69% 36% 9% 42% 35% 20% Up To Conversion 30% 45% 41% 69% 83% 90% Generic Searches (%) Up To First Event Up To Quotation Up To Information Purchase Rent Sell Out Rent Out New Homes Purchase Investment Base: Searchers visiting sub segments in the Real Estate market Note: % of GENERIC searches in different segments within Real Estate sub segments that use GENERIC terms UP TO the first event. Searches are defined as only those that lead to a relevant website. New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 39 The majority of those who request a quote or convert and search used both brand and generic terms when searching in the Real Estate market % of searchers 13% Generic Only 29% Both 38% 36% 33% 57% Brand Only 26% 33% 38% Total Information 45% 23% Quotation 29% Conversion Base: All, those that gather information, get a quote or convert who search within the Real Estate market Note: The figures shown are the number of people who have made both or only one type of search which lead to a relevant site; Searches are defined as only those that lead to a relevant website Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 40 Those that looking to buy and rent that convert are more likely to use both generic and brand terms % of searchers Purchase Rent Sell Out 11% Generic Only 7% 15% 28% 33% Rent Out 35% 17% 7% 34% 18% 63% 68% Both 60% 24% 46% 19% 90% 47% 47% 86% 1% 65% Brand Only 9% 46% 43% 25% 39% 29% 20% 37% 3% 23% Conversion Quotation Information Conversion Quotation Information Conversion Quotation Information Conversion Quotation Information 6% Base: All, those that gather information, get a quote or convert within the sub segments in the Real Estate market Note: The figures shown are the number of people who have made both or only one type of search which lead to a relevant site; Searches are defined as only those that lead to a relevant website Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 41 Those that seek information about new homes are more likely to use brand terms than generic or both % of searchers New Homes Purchase Generic Only Investment 41% 51% 62% Both 16% 26% 13% Brand Only Conversion Quotation Quotation Information 23% Conversion 25% Information 43% Base: All, those that gather information, get a quote or convert within the sub segments in the Real Estate market Note: The figures shown are the number of people who have made both or only one type of search which lead to a relevant site; Searches are defined as only those that lead to a relevant website New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 42 Amongst those that gather information, Brand searches tend to lead to further Brand searches and Generic searches tend to lead to further Generic searches Information Search 1st Search Brand Generic 50% 50% 2nd Search B G N B G N 52% 11% 38% 11% 51% 39% 3rd Search B = Brand G= Generic N = No further searches B B B B 61% 20% 52% 12% G G 10% 53% G 17% 65% G N N N N 29% 27% 31% 23% Base: Those that gather information within the Real Estate market Note: Each of the first three category searches performed by the audience. Figures Tree: % of Searchers, Searches are defined as only those that lead to a relevant website. Figures may not add up to 100% due to rounding Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 43 Amongst those who visited quotation pages 55% of first searches used generic terms, the highest proportion compared to those that seek information or convert Search Quotation 1st Search Brand Generic 45% 55% 2nd Search B G N B G N 66% 14% 19% 17% 60% 24% 3rd Search B = Brand G= Generic N = No further searches B B B B 67% 22% 50% 11% G G 19% 70% G 43% 76% G N N N N 14% 8% 7% 13% Base: Those that visit Quotation pages within the Real Estate market Note: Each of the first three category searches performed by the audience. Figures Tree: % of Searchers, Searches are defined as only those that lead to a relevant website. Figures may not add up to 100% due to rounding Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 44 Amongst those that converted two-thirds of first searches used brand terms, the highest proportion compared to those that gather information or request a quotation Conversion Search 1st Search Brand Generic 65% 35% 2nd Search B G N B G N 71% 17% 12% 21% 67% 12% 3rd Search B = Brand G= Generic N = No further searches B B B B 75% 27% 59% 17% G G 14% 61% G 25% 72% G N N N N 11% 12% 17% 11% Base: Those who convert within the Real Estate market Note: Each of the first three category searches performed by the audience. Figures Tree: % of Searchers, Actual: Audience (m); Searches are defined as only those that lead to a relevant website. Figures may not add up to 100% due to rounding Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 45 Brand searches are most likely to be used than Generic within the first search across those looking to buy and rent 1st Search Information Quotation Brand Generic Brand Conversion Generic Purchase 56% 44% 54% 46% Rent 57% 43% 50% 50% Sell Out Rent Out New Homes Purchase Investment 9% 91% 40% 31% 52% 24% 76% 60% 69% Brand Generic 68% 77% 23% 82% 18% 90% 42% 32% 10% 58% 48% Base: Those that gather information, get a quote or convert within the sub segments in the Real Estate market Note: Each of the first category searches performed by the audience. Figures Tree: % of Searchers, Searches are defined as only those that lead to a relevant website. Figures may not add up to 100% due to rounding New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 46 Understanding the Real Estate Consumer Journey Websites Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 47 SeLoger is the most important site for those seeking information or getting quotes when looking for New Homes to Purchase New Homes Purchase | Top Sites Information (%) SeLoger.com Quotation (%) 803 immoneuf.com 377 trouver un logement neuf 313 SeLoger.com 156 immoneuf.com* 63 Explorimmo* 58 Explorimmo 234 Icade Immobilier Neuf* 57 Logic-immo.com 215 Bouygues Immobilier* 53 Icade Immobilier Neuf 206 Bouygues Immobilier 190 Google Maps 172 Nexity Logement* 96 Mappy* 78 Base: Those visiting ‘New Homes Purchase’ within the Real Estate market Note: % of those that gather information and get a quote who visited different types of ‘New Homes Purchase’ websites; New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ *CAUTION: Small sample size. Please use for qualitative purposes only Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 48 The first website visited differs across the sub segments but there is an indication that Leboncoin.fr is important across Purchase and rent First Visited Website | Top Website % of e.g. information gatherers within Real Estate Information Quotation Conversion PURCHASE Leboncoin.fr Immo 44% Meilleurtaux.com Credit Immo 15% Leboncoin.fr Immo 82% RENT Leboncoin.fr Immo 59% PAP 27% Leboncoin.fr Immo 91% SELL OUT MeilleursAgents 71% MeilleursAgents 37% Leboncoin.fr Immo 88% RENT OUT LaCoteImmo.com 40% Leboncoin.fr Immo 90% NEW HOMES PURCHASE SeLoger.com 30% INVESTMENT SeLoger.com 63% SeLoger.com 33% Base: Those that gather information, get a quote or convert within the sub segments in the Real Estate market Note: Top: First website visited. Based on Audience. Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 49 Leboncoin.fr is the most visited website up to all events. Website Visitation Up To The Event | Top 10 Information (%) Leboncoin.fr Immo SeLoger.com 43% 14% Quotation (%) Leboncoin.fr Immo 34% Conversion (%) Leboncoin.fr Immo 90% SeLoger.com 26% SeLoger.com 24% Logic-immo.com 17% PAP 16% Google Maps 16% 27% Logic-immo.com 5% Meilleurtaux.com Google Maps 5% Meilleurtaux.com Credit Immo PAP 4% PAP MeilleursAgents 4% Logic-immo.com 14% Vivastreet 9% LaVieImmo 4% MeilleursAgents 14% ouestfranceimmo.com 8% A Vendre A Louer 3% A Vendre A Louer 11% ORPI 8% La Provence Immobilier 2% Google Maps 11% ParuVendu.fr 8% Explorimmo 2% Explorimmo Mappy 8% 21% 17% 9% Base: Those that gather information, get a quote or convert within the sub segments in the Real Estate market Note: Top 10 websites visited UP TO the first event Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 50 The most visited websites up to the event differs across the sub segments but there is an indication that Leboncoin.fr is an important site amongst those looking to buy and rent Website Visitation Up To the Event | Top Website % of e.g. information gatherers within Real Estate Up to Information Up to Quotation Up to Conversion PURCHASE Leboncoin.fr Immo 44% Leboncoin.fr Immo 39% Leboncoin.fr Immo 90% RENT Leboncoin.fr Immo 60% Leboncoin.fr Immo 47% Leboncoin.fr Immo 96% SELL OUT MeilleursAgents 71% MeilleursAgents 51% Leboncoin.fr Immo 89% RENT OUT LaCoteImmo.com 40% Leboncoin.fr Immo 90% NEW HOMES PURCHASE SeLoger.com 30% INVESTMENT SeLoger.com 63% SeLoger.com 39% Base: Those that gather information, get a quote or convert within the sub segments in the Real Estate market Note: Top website visited up to event. Based on Audience. Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 51 Understanding the Real Estate Consumer Journey Conversions Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 52 Audience movement during the Information session is complex and non linear Information Start Points in Grey Total Google Search (incl. Sponsored) RealEstate12% 6% Classifieds Quotation 2% 2% Press 46% 0.4% 1% 6% 10% 11% 15% Classifieds (Multi-cat)15% 38% 6% Referrals 16% 47% 6% 9% Maps 1% Other Search 1% 3% Home/ Property Loan 7% 3% 14% Networks 1% New Homes 0.6% 1% Base: Those who gather information in the Real Estate Market Note: The movement of audience between sites during a session up to where the Information event took place; * Referral refer only to where the Information website is the first relevant content website to be visited in the session.; Arrows represent proportion of audience who go from one site type to another in the Information session. (Only Audience movements above 1% shown) Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 53 Google plays an important role within Quotation session Quotation 5% Start Points in Grey Total Google Search (incl. Sponsored) Quotation 12% 20% 14% Home/Property Loan 13% 2% RealEstate 7% Classifieds 2% 6% 28% 8% Networks 17% 1% 8% 6% 3% 33% Referral 23% 2% 21% 39% 2% 1% 4% 1% 2% New Homes 21% Classifieds (Multi-cat) 18% 1% 1% Other Search 6% Maps 2% Base: Those that visit Quotation pages in the Real Estate Market Note: The movement of audience between sites during a session up to where visitation to Quotation pages took place; * Referral refer only to where the quotation website is the first relevant content website to be visited in the session.; Arrows represent proportion of audience who go from one site type to another in the visitation session. (Only Audience movements above 1% shown) Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 54 The path to conversion is complex and involves many touch points with Google playing an important role Conversion 7% Start Points in Grey Total Google Search (incl. Sponsored) 2% 6% Maps 14% Other Search RealEstate Classifieds 4% 25% Networks 11% 1% 6% 13% 7% 6% 14% 8% 14% 20% 39% 10% 1% 1% 52% 1% Quotation Referral New Homes 15% 1% 1% Home/ Property Loans Classifieds (Multi-cat)39% 9% Base: Conversion in the Real Estate Market Note: The movement of audience between sites during a session up to where the Conversion took place; * Referral refer only to where the conversion website is the first relevant content website to be visited in the session.; Arrows represent proportion of audience who go from one site type to another in the visitation session. (Only Audience movements above 1% shown) Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 55 The path is complex and involves many touch points with Google playing an important role Total Start Points in Grey RealEstate Classifieds 9% Total Google Search (incl. Sponsored) 11% 20% Maps 0.4% 12% 39% Networks 1% 5% Other Search 7% Referral 6% 34% 12% Quotation 2% 15% 44% 6% 5% Press 5% Home/ 2% Property Loans 1% Classifieds (Multi-cat)30% 17% Base: Allin the Real Estate Market Note: The movement of audience between sites during a session up to where the activity took place; * Referral refer only to where the website is the first relevant content website to be visited in the session.; Arrows represent proportion of audience who go from one site type to another in the visitation session. (Only Audience movements above 5% shown) Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 56 Users are likely to use search as a route to information, quotation and conversion Route to ‘Information’ Route to ‘Quotation’ Direct = 32% Direct = 30% Category Referral = 2% Category Referral = 4% Non category referral = 14% Information 19,926,408 Non category referral = 19% Natural Search = 47% Natural Search = 37% Sponsored Search = 5% Sponsored Search = 10% Quotation 4,603,245 Route to ‘Conversion’ Direct = 42% Category Referral = 3% Non category referral = 11% Conversion 5,207,104 Natural Search = 42% Sponsored Search = 3% Base: Those that gather information, get a quote or convert within the Real Estate market Note: All the routes taken to reach a website when gathering information, getting a quote, or converting Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 57 Use of sponsored search is most apparent in Purchase and Rent up to the first quotation and conversion event 5% 20% 23% 9% 12% 30% 36% 29% 31% Up To Quotation 11% Up To Conversion 12% 25% 40% 45% Sponsored Searchers (%) Up To First Event Up To Information Purchase Rent Sell Out Rent Out New Homes Purchase Investment Base: Searchers visiting sub segments in the Real Estate market Note: % of searchers using sponsored search in different segments within Real Estate sub segments UP TO the first event. A sponsored search/Link is one that requires a Search Engine redirect to point it to the website. Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 58 Those that use sponsored search are more likely to get a quote or convert than all those in the Real Estate market Sponsored Searchers 0,9 0,7 0,8 0,4 Conversion 0,8 1,3 1,6 1,7 1,7 1,8 2,0 The number of times more likely to, e.g. Conversion, compared to all Quotation Information Purchase Rent Sell Out Rent Out New Homes Purchase Investment Base: Those that gather information, get a quote or convert within the sub segments in the Real Estate market Note: % of those who clicked on the type of search and get a quote, visit Quotations and Conversion; Searches are defined as only those that lead to a relevant website; A sponsored search/Link is one that requires a Search Engine redirect to point it to the website. Times’ more likely versus all. Correlation not causation. Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 59 Those that visit Classifieds are more likely to convert visitors to than RealEstate classifieds… Audience Conversion (%) INFO > Quotation Total Purchase Rent Sell Out 7,1% 13,8% 5,7% 12,9% 4,0% 7,9% 10,7% 15,1% INFO > Conversion Total Sale Rent Sell House Rent Out Rent Out New Homes Purchase 11,0% New Homes Sale 19,0% Investment Investment 32,7% Classifieds (Multi-cat) RealEstate Classifieds 6,1% 19,9% 3,3% 17,8% 2,8% 98,0% 14,8% 100,0% 13,9% Base: Those who gather information in the Real Estate market and sub segments Note: The % of people who look on a site who go on to either visit Quotations or Conversion pages on the site. Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 60 …The same is true when looking at event conversions Events Conversion (%) INFO > Quotation Total Purchase Rent Sell Out 1,1% 5,7% 0,8% 6,6% 0,7% 2,8% 8,5% 11,6% Rent Out New Homes Purchase INFO > Conversion Total Sale Rent Sell House Rent Out 8,3% 1,8% Classifieds (Multi-cat) RealEstate Classifieds 4,6% 1,3% 4,9% 1,0% 98,6% 12,3% 100,0% 12,8% 5,7% New Homes Sale 11,4% Investment Investment Base: Those who gather information in the Real Estate market and sub segments Note: The % of events on a site - visit Quotations or Conversion on the site. Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 61 Understanding the Real Estate Consumer Journey Individual Journeys Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 62 Journey Path | Purchase Information Quotation Conversion SEARCHES Searches = Sponsored Link Clicked immobilier dans les yvelines DAY 1 SITES Explorimmo 6 SeLoger.com 44 Leboncoin.fr Immo le bon coin simulateur credit immo collecte d'argent don pour payer maison 51 Leboncoin.fr Immo Empruntis 60 Leboncoin.fr Immo 77 Cetelem BNP Paribas Marchais immobilier orpi prades 101 OPRI trouver un logement neuf Société Générale Century 21 century21 ceret 102 116 Century 21 Century 21 cetelem 123 Cetelem 142 Leboncoin.fr Immo 157 Annonces Jaunes Immobilier 168 Vendre A Louer AnnoncesJaunes Immobilier Real Estate | FR Source: Nielsen NetView France January-June 2013 Note: Example of Purchase Real Estate Journey Path Google Confidential and Proprietary 63 Journey Path | Sell Out Information Quotation Conversion Searches = Sponsored Link Clicked SEARCHES vente ppartement castanet-tolosan DAY 1 SITES Le Partenaire Europeen prix au metre carre immobilier castanet-tolosan 54 MeilleursAgents vente appartement de particulier à particulier 55 ParuVendu.fr prix de l'immobilier 31 76 MeilleursAgents vente appartement castanet-tolosan vente appartement castanet-tolosan 84 85 Le Partenaire Europeen Le Partenaire Europeen Note: Example of Sell Out Journey Path Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 64 Journey Path | Sell Out cont… Information Quotation Conversion Searches = Sponsored Link Clicked vente appartements castanet-tolosan vente par notaires vente apartements castanet-tolosan avis 98 MeilleursAgents Le Partenaire Europeen Evaluer la valeur de son appartement a vendre x2 estimer mon apartment x2 117 MeilleursAgents EffiCity Meilleurtaux.com prix de vente appartement 118 Square Habitat ViaMichelin ParuVendu.fr AnnoncesJaunes Immobilier Note: Example of Sell Out Journey Path Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 65 Journey Path | Rent Out Information Quotation Conversion Searches = Sponsored Link Clicked SEARCHES le bon coin DAY 1 SITES Leboncoin.fr Immo leboncoin 26 Leboncoin.fr Immo entre particuliers 49 Entreparticuliers .com paruvendu 50 paruvendu entre particulier 53 ParuVendu.fr SeLoger.com le bon coin 61 Leboncoin.fr Immo 68 Leboncoin.fr Immo Note: Example of Rent Out Real Estate Journey Path Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 66 Journey Path | New Homes Purchases Information Quotation Conversion Searches = Sponsored Link Clicked SEARCHES appartements neufs niort 79 x2 appartements neufs niort 79 x2 DAY 1 SITES Nexity Logement 4 Nexity Logement Appartements neufs annemasse 5 trouver un logement neuf 25 Nexity Logement trouver un logement neuf Logisneuf.com Pichet Immobilier Note: Example of New Homes Purchase Journey Path Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 67 Journey Path | Rent Information Quotation Conversion Searches = Sponsored Link Clicked SEARCHES leboncoin DAY location appartement particulier 1 SITES Leboncoin.fr Immo 3 PAP PAP Leboncoin.fr Immo 24 Leboncoin.fr Immo location nogent sur marne location appartement sur avendrealouer.fr location champigny sur marne 55 leboncoin 59 Logic-immo.com A Vendre A Louer FONCIA Logic-immo.com A Vendre A Louer FONCIA Explorimmo Real Estate | FR Source: Nielsen NetView France January-June 2013 Pap seloger 25 PAP SeLoger.com location 93320 32 seloger 47 Google Maps SeLoger.com Guy Hoquet Logic-immo.com au bon coin 64 Leboncoin.fr Immo SeLoger.com 81 Leboncoin.fr Immo Note: Example of Rent Real Estate Journey Path Google Confidential and Proprietary 68 Understanding the Real Estate Consumer Journey HML Searcher Analysis Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 69 Heavy Real Estate searchers make up a third of searchers but account for 80% of searches Searchers (000s) Searchers in the Real Estate sector segmented based on search query volume 100% 31% 31% 4 927 4 815 All searchers Heavy Medium 100% 83% 13% 38% 15 761 Searches (000s) 6 019 Light 4% 223 162 184 939 28 239 All searchers Heavy Medium 9 984 Light Base: All searchers in the Real Estate category Note: Searches are defined as those making a search within the Real Estate category on a search engine which leads to a relevant website. May not add to 100% due to rounding Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 70 The proportion of Real Estate searchers making a Conversion increases amongst heavier searchers Searchers conducting an activity in the Real Estate category Searchers (%) All searchers Heavy Medium 1% Light 1% Research 28% 57% 59% 17% 14% 29% 77% Quotation 16% 54% 24% Information 9% 12% Conversion Base: All searchers in the Real Estate category Note: Searches are defined as those making a search within the Real Estate category on a search engine which leads to a relevant website. Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 71 Conversion reach increases with search activity and Heavy searchers make more related queries up to first Conversion Searchers making a Conversion by search segment Searchers (%) 1% 1% 28% 57% 59% 17% 14% 29% All searchers Research 77% Quotation 16% 54% 24% Heavy Medium Information 9% 12% Conversion Light Number of queries up to first Conversion 15,5 10,8 3,7 All searchers Heavy Medium 1,5 Light Base: All searchers in the Real Estate category Note: Searches are defined as those making a search within the Real Estate category on a search engine which leads to a relevant website. Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 72 Conversion increases with search volume across all Real Estate sub segments Searchers making a Conversion by sub segment Searchers (%) Total Purchase Rent 54% 29% Total Searcher 24% Heavy Searcher Medium Searcher 37% 12% 18% Light Searcher Total Searcher Heavy Searcher 35% 13% 8% Medium Searcher Light Searcher Sell Out 17% Total Searcher Total Searcher 7% Medium Searcher Light Searcher Rent Out 72% 33% Heavy Searcher 15% 45% Heavy Searcher 34% Medium Searcher 86% 76% 64% 25% Light Searcher Total Searcher Heavy Searcher Medium Searcher Light Searcher Base: All searchers in the Real Estate category Note: Searches are defined as those making a search within the Real Estate category on a search engine which leads to a relevant website. Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 73 Understanding the Real Estate Consumer Journey Shopper Activity - YT activity Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 74 YouTube users who convert within the Real Estate market are more likely to be women but the age profile is in line with YouTube audience in the Real Estate market Profile of YouTube activity for consumers in Real Estate market performing specific activity Women Age Profile % Conversion 55% Quotation 47% Information 50% Total YT 50% 1 Conversion Quotation Gender Information 30% 26% 24% 36% 29% 36% 31% 32% 5% 6% 33% 10% Profile % Total YT 25% 21 - 34 1 = Men 2 = Women 34% 32% 35 - 49 50 - 64 9% 65+ 2 Base: All YT users, Those that gather information, get a quote or convert within the sub segments in the Real Estate market and who use YouTube Note: Activity on those that use YT and visit Real Estate by sub segment. Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 75 Those using quotations or converting in the Real Estate market visit YouTube more frequently than the average YouTube user… Profile of YouTube activity for consumers in Real Estate market performing specific activity Sessions per person Pages per session Time per session Total YT Information Quotation Conversion 41 46 56 57 6.5 6.3 7.0 6.6 0:05:28 0:05:23 0:05:27 0:05:23 Base: All YT users, Those that gather information, get a quote or convert within the sub segments in the Real Estate market and who use YouTube Note: Activity on those that use YT and visit Real Estate by sub segment. Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 76 This trend is seen across the those that convert YouTube activity for consumers in Real Estate market performing specific activity More than YT total Information Sessions per person Pages per session Time per session Equal to YT total Less than YT total Total YT Purchase Rent Sell Out Rent Out New Homes Purchase Investment 41 49 54 71 42 55 63 6.5 6.3 6.6 5.0 5.0 6.5 7.0 0:05:28 0:05:20 0:05:32 0:03:36 0:05:00 0:05:21 0:05:18 New Homes Purchase Investment Quotation Sessions per person Total YT Purchase Rent Sell Out 41 57 53 45 31 6.5 7.1 6.4 5.0 6.1 0:05:28 0:05:21 0:05:51 0:04:11 0:04:22 Total YT Purchase Rent Sell Out Rent Out 41 62 58 68 54 6.5 6.3 7.8 7.2 6.6 0:05:28 0:05:03 0:06:34 0:05:42 0:04:51 Rent Out Pages per session Time per session Conversion Sessions per person New Homes Purchase Investment Pages per session Time per session Base: All YT users, Those that gather information, get a quote or convert within the sub segments in the Real Estate market and who use YouTube Note: Activity on those that use YT and visit Real Estate by sub segment Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 77 Understanding the Real Estate Consumer Journey HML Searcher Analysis – YouTube activity Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 78 Heavy and medium Real Estate searchers that used YouTube were more likely to be women than the average YouTube user Profile of Real Estate searchers who also use YouTube Gender Total YT All Searchers Heavy Medium Light Women 50% 51% 58% 52% 45% Men 50% 49% 42% 48% 55% Base: All YT users, All searchers in the Real Estate category who visit YouTube Note: Searches are defined as those making a search within the Real Estate category on a search engine which leads to a relevant website. Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 79 Heavy searchers who use YouTube are more likely to be 21-34 than the average YouTube user Profile of Real Estate searchers who also use YouTube Total YT 25% All searchers 26% Heavy Medium Light 30% 22% 26% 21 - 34 34% 32% 33% 33% 32% 35 - 49 8% 32% 37% 31% 9% 6% 34% 7% 33% 50 - 64 9% 65+ Base: All YT users, All searchers in the Real Estate category who visit YouTube Note: Searches are defined as those making a search within the Real Estate category on a search engine which leads to a relevant website. Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 80 Heavy searchers who use YouTube had more YouTube sessions and viewed more pages per session than the average YouTuber Profile of Real Estate searchers who also use YouTube Sessions per person Pages per session Time per session Total YT All searchers Heavy Medium Light 41 51 61 51 43 6.5 6.4 7.0 6.2 6.0 0:05:28 0:05:24 0:05:35 0:05:15 0:05:19 Base: All YT users, All searchers in the Real Estate category who visit YouTube Note: Searches are defined as those making a search within the Real Estate category on a search engine which leads to a relevant website. Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 81 Understanding the Real Estate Consumer Journey Deep Dive New Home and Investments Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 82 The first website visited for 83% of those that convert is Leboncoin First Visited Website | Top 10 Information (%) Leboncoin.fr Immo SeLoger.com 43% 13% Quotation (%) Conversion (%) Meilleurtaux.com Credit Immo 13% Leboncoin.fr Immo Meilleurtaux.com 13% PAP 3% 83% Logic-immo.com 5% MeilleursAgents 7% SeLoger.com 2% PAP 4% A Vendre A Louer 7% ouestfranceimmo.com 2% MeilleursAgents 4% Leboncoin.fr Immo 6% Logic-immo.com 1% LaVieImmo 3% PAP 5% Vivastreet 1% A Vendre A Louer 3% Empruntis 5% ParuVendu.fr 1% La Provence Immobilier 2% EffiCity 4% ORPI 1% Explorimmo 2% SeLoger.com 3% FONCIA 1% nice-matin Immobilier 2% LocService 3% Capi 1% Base: Those that gather information, get a quote or convert within the sub segments in the Real Estate market Note: Top 10 First websites visited. Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 83 Real Estate Classifieds and New Home Sites are the most important to those seeking information or getting quotes when looking for New Homes to Purchase New Homes Purchase | Site Category Visited Information (%) Realstate Classifieds 58% New Homes Maps 53% 13% Quotation (%) Realstate Classifieds 62% New Homes Maps 42% 18% Press 4% Tax Exemption (défiscalisation) 12% Quotation 3% Press 10% Networks 3% Quotation 6% Tax Exemption (défiscalisation) 3% Networks 6% Classifieds (Multi Cat) 3% Home/Property Loan 4% Classifieds (Multi Cat) 4% Home/Property Loan 1% Base: Those visiting ‘New Homes Purchase’ within the Real Estate market Note: % of those that gather information and get a quote who visited different types of ‘New Homes Purchase’ websites; New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 84 Real Estate Classifieds in particular SeLoger are the most important to those seeking information when looking for Investment Investment | Information Site Category Visited Realstate Classifieds 72% Top 5 Sites Visited SeLoger.com 442 Maps* 12% Meilleurtaux.com* 71 New Homes* 11% Explorimmo* 56 Quotation* 10% Google Maps* 51 Nexity Investissement Immobilier* 44 Tax Exemption (défiscalisation)* 6% Base: Those visiting ‘Investment’ within the Real Estate market Note: % of those that gather information and get a quote who visited different types of ‘Investment’ websites; New House Purchase is a sub segment of ‘Purchase’ and Investment is a sub segment of ‘Purchase’ and ‘New Homes Purchase’ *CAUTION: Small sample size. Please use for qualitative purposes only Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 85 Those looking to buy are visiting Home/Property Loan sites throughout their journey Those looking to buy [Sale] who are visiting home/property loan sites for quotes Journey Q1 Journey Q2 Journey Q3 Journey Q4 Total 45% 37% 29% 39% Quotation 46% 44% 26% 40% Conversion 43% 25% 33% 37% Base: Those looking to buy [Sale] Note: % of those looking to buy who visit home/property loan sites by quarter of journey Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 86 Understanding the Real Estate Consumer Journey Clickstream Research into Real Estate – 2013 France Real Estate | FR Source: Nielsen NetView France January-June 2013 Google Confidential and Proprietary 87