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Revenue
12 Months Ended
Dec. 31, 2020
Revenue From Contract With Customer [Abstract]  
Revenue

Note 5. Revenue

 

Revenue SummaryIn the table below (in thousands), revenue is disaggregated by sales channel and major products and services. The Company only has one reportable segment; therefore, further disaggregation is not applicable at this time.

 

Prior to October 2019, the Company’s affiliates also sold marketplace subscription advertising to dealer customers, and the Company earned Wholesale revenue through its affiliate agreements. For further information, see Note 7 (Unfavorable Contracts Liability).

 

 

 

Year Ended December 31,

 

Sales channel

 

2020

 

 

2019

 

 

2018

 

Direct

 

$

463,018

 

 

$

477,095

 

 

$

457,651

 

National advertising

 

 

73,176

 

 

 

80,774

 

 

 

105,381

 

Other

 

 

11,309

 

 

 

14,442

 

 

 

16,156

 

Retail

 

 

547,503

 

 

 

572,311

 

 

 

579,188

 

Wholesale

 

 

 

 

 

34,371

 

 

 

82,939

 

Total revenue

 

$

547,503

 

 

$

606,682

 

 

$

662,127

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Major products and services

 

 

 

 

 

 

 

 

 

 

 

 

Marketplace subscription advertising

 

$

436,441

 

 

$

475,960

 

 

$

507,993

 

Display advertising

 

 

84,630

 

 

 

91,935

 

 

 

112,792

 

Pay per lead

 

 

18,557

 

 

 

26,907

 

 

 

30,757

 

Other

 

 

7,875

 

 

 

11,880

 

 

 

10,585

 

Total revenue

 

$

547,503

 

 

$

606,682

 

 

$

662,127