SearchCore Growing as Finder Site Business Finds its Niche

Spotlight Companies |

searchcore_logo.jpgVertical finder-site company SearchCore Inc. (SRER) has found a niche connecting local businesses of a similar type, and their unique approach to search is taking off, reaping the company exponential increase in revenues.

As opposed to the broad sweep of search engines, finder site companies like SearchCore group similar businesses together as a comprehensive listing on just one site. Their domain tattoo.com has been particularly successful, recording 622 paying subscribers.



A concomitant launch of Manufacturedhomes.com has expanded SearchCore’s reach as revenues for the company have grown exponentially. From the second quarter to the third quarter of 2013, revenues for SearchCore increased 87 percent, from $102,000 to $190,000.

The company sold their most successful finder site, weedmaps.com, in Dec. 2012 as part of a plan to streamline operations. This move contributed to the significant shedding of SearchCore’s operating expenses, from $964,000 in third quarter 2013 compared to $3.13 million in third quarter 2012.

On Jan 28 SearchCore announced further expansion into the manufactured homes business with the launch of Wisdom Homes of America, Inc., signifying a move into retail operations listed under Manufacturedhomes.com.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
REVO Revolutionary Concepts In 0.00 0.00 0.00 0

Comments

Emerging Growth

Immunovaccine Inc.

Immunovaccine Inc is clinical stage biopharmaceutical company. The Company develops products based on its proprietary vaccine enhancement platform in T cell activating therapies for cancer.

Private Markets

Voleo

Voleo is a free download that allows you to form investment clubs with your friends, family, colleagues, classmates, teammates…basically anyone you know and trust. Invest and manage a stock portfolio…

iPRO Network, LLC

We provide the platform, tools, and resources to empower individuals and professionals to market desirable goods and services to the public, taking the place of traditional methods of commerce.