ccess to Internet means Comparison Sites offered gadgets
access to information. The that only techies would be
more information you have interested in, such as, cameras
the better your decisions are. and computers. With the increased
This is applicable to every access to Internet to general
aspect of our lives. As a population, and the awareness of
consumer, information is very the advantages of using product
valuable to you to get the best comparison sites, the situation
deal possible. has changed now. Product
Comparison Sites are getting
People who are on the wrong side popular because of the wide
of this digital divide are the variety of the products they
ones who are loosing the benefits cover, be it art or flowers or
this wonderful medium offers. even the travel and camping
related equipment.
As people become more and more
sophisticated online consumers, Like the regular search engines,
the general-purpose search product search engines these days
engines fall short to cater to do crawl the retailer's websites
the kind of search requirements to gather up-to-date data on
consumers have. It is not products. This automation has
possible to get the quotes, for contributed to the growth of the
example, from all the vendors for number of products these sites
a particular model of digital can offer comparison services to.
camera using a regular search
engine. This is the void filled In an interesting paper titled
by the dedicated Product "The Value of Information in an
Comparison Websites. Online Consumer Electronics
Market" three professors Michael
There was a time when the Product Baye, a University of Indiana
professor; John Morgan, a their users against fraudulent
University of California at vendors, such as vendor ratings.
Berkeley professor; and Patrick Genuine retailers have been
Scholten, a Bentley College taking steps increase the level
professor attempt to quantify the of trust consumers can keep in
benefits this information their products or services. With
revolution has brought to the increased level of trust comes
consumers. They chose to quantify the explosion of usage.
"the value of information
provided by the Internet Price In summary, Product Comparison
Comparison Sites". Price Sites are becoming popular,
Comparison Services, according to a.Because of the void that normal
these researchers "provide search engines cannot fill,
substantial value to consumers, b.Automation has caused the
and that this value will be explosion of products and
enhanced over time as additional services these sites can compare,
firms use e-tail distribution c.Consumers can get an average 6%
channels". This paper studied the price benefit (and more if
prices compiled from various coupled with Coupons) which is
Product comparison sites for huge and d.Steps being taken by
duration of eight months and the these sites fraudulent vendors
professors conclude that there is has increased consumer confidence
an average saving of upto 16% in the listings.
with the use of Product
Comparison Sites. If you are a retailer who is yet
to list your product with the
One area that consumers have been Product Comparison Sites, I would
vary of, is fraudulent vendors. say, Wake Up!. Register your feed
Product Comparison sites have today. Consumers are searching
started taking steps to guard for you.
About the Author:
Article author - Jonathan White, owner of SimplySearch4It UK: Online Shopping, Clothes Shopping
Read more articles by:
Jonathan White
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