How to Build a Price Comparison Website Portal?

1
(No Transcript)
2
Steps To Make A Price Comparison Website
3
Build a Price Comparison Website

• Price comparison sites have become much popular
  almost immediately after the E-commerce
  revolution. The value proposition offered by the
  price comparison websites assists consumers to
  save a substantial amount of money while online
  shopping. The capability to check the price of a
  product on several E-commerce portals at one
  single place brings in handiness and saves
  adequate time. It provides a profitable business
  opportunity by drawing noteworthy revenue from
  affiliate advertising and sales. Building a price
  comparison website is not as easy as it sounds
  and needs technical proficiency and a consistent
  means of price data acquisition. We will make you
  explore significant steps in building a price
  comparison site

4
1. Choose a niche

• The revenue perspective of a price comparison
  portal fully depends on its niche. Choosing the
  precise niche and targeting it is a vital part of
  making any winning website. You could also target
  correct geographies that have a higher demand for
  your products and related revenue potential to
  boost the traction further. Price comparison
  sites are more profitable when they work with
  focused consumer products. You might want to
  regard as the factors that affect the purchasing
  decision of products in a niche before entering
  into it.

5
2. Affiliate partnership

• The most important revenue source of price
  comparison web portals is affiliate marketing.
  Most of the E-commerce portals have a powerful
  affiliate system by means of which you can get a
  commission for the online sales you make for
  them. To get initiated with this, you will first
  have to sign a business partnership agreement on
  admired E-commerce web portals that you will be
  utilizing for price comparison. Once approved as
  an affiliate partner, you will be given a
  referrer code or name that can be added to the
  different product links going out from your price
  comparison portal. Joining as an affiliate
  partner is a very simple procedure, which should
  not be a reason for any concern.

6
3. Technical Setup E-commerce Price Comparison
Software

• This would be the most complex characteristic of
  commencing a price comparison website. There are
  diverse methods by which you can set up the price
  comparison software engine that would empower
  your comparison portal.
• E-commerce price comparison software will compare
  the different lists of products and related
  prices, providing precise market adjustments
  within an exact range. This requires superior
  data extraction software DataCrops does this
  best match up to any other solution, as it is
  set-up with a centre on E-commerce price
  comparison.

7
Build it from base

• Hiring a software company dealing with pricing
  intelligence software will be the best bet if you
  are demanding to make a price comparison software
  engine by involving your innovative ideas and
  their technical expertise. This would clearly be
  somewhat a costly alternative. However, the
  benefit of quality work and business results will
  be better if you hire an experienced price
  intelligence software company. They will have the
  proficiency to work with existing price
  comparison engines that might sync with your
  requirements. Developing a customized price
  comparison engine will consume more time and
  efforts. However companies like DataCrops build
  flexible competitor price monitoring and price
  tracking software which is an added advantage to
  build a price comparison website portal.

Price comparison software in the backend If you
dont want to invest in a price comparison engine
build from the base, there are ready-made
solutions that can fit your budget, time and
enable you to quickly start with your portal. The
only difficulty is that it might not accomplish
all your business or technical requirements.
8
Web data extraction software

• Now that you are ready to create and work with
  your own price comparison website, its time to
  extract or acquire the required price as well as
  product data. Data being the prime fuel of any
  price comparison software engine, there should be
  a firm system in place to collect and load this
  data into your website portal. Web data
  extraction and crawling technologies are
  utilized to fetch or extract online product and
  price data from different E-commerce websites for
  real-time or near to real-time comparison. Also
  as the quantity of products will increase the
  scale of web data extraction need to be increased
  too.
• Price data can be attained by using web data
  extraction software which will come along with
  the price monitoring software set up when you opt
  the software from companies like Data Crops which
  provide end-to-end price comparison software
  tools.

9
Price comparison site management and maintenance

• Since managing and maintaining a price comparison
  website is a challenging job, we advise going
  with a web data extraction service provider who
  also offers price monitoring software for the
  pricing as well as product data. It is vital to
  note that the overall quality of the information
  has to be of high-level accuracy for your price
  comparison website portal to run efficiently.
• Going ahead with a price comparison site is not
  as problematical as it might look from outside.
  Once set up, data intelligence is the only thing
  you should concentrate on to keep the price
  comparison website lively and help in growing
  your business in terms of revenue.

10
THANK YOU

• Address
• 411, Sarthik Square,
• Near GNFC Info Tower,
• S. G. Highway, Bodakdev,
• Ahmedabad-380 054,
• Gujarat, India

• Contact
• Mob 91-79-40200900 (India)
• Phone [phone] (USA)
• Email Us info_at_datacrops.com

Website- www.datacrops.com