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Dec 1, 2008
by Christopher Heine
What kind of marketplaces exist? The main channels involve shopping comparison sites like Shopping.com, Shopzilla.com, Pricegrabber.com, Yahoo! Shopping (Shopping.Yahoo.com) and ShoppingNexus.com.
Each of these sites allows retailers to advertise their products and prices, as consumers search for the best deals. One of their main selling points, to both consumers and retailers, is their encrypted security software that protects both the buyer and seller. Another selling point for retailers is that the sites provide qualified leads, while drawing impressive natural or free search traffic (SEO). What's more, the retailers do not have to manage the SEO program themselves. The shopping comparison sites do it for you.
Here is more information about each major shopping comparison site, as well as know-how for retailers that want to get plugged in:
Shopping.com was one of the early pioneers of online comparison shopping. It includes a comprehensive set of products from thousands of retailers.
The site averages 20 million unique monthly visitors and offers search tools, strong navigation setup and relevant content. It entails consumer written product and merchant reviews from the Epinions.com community, that help the consumer make his or her purchase decision.
To get your retail business on the site, type www.shopping.com into the URL box. Scroll down to the bottom of the homepage until you see the, "Join Our Merchant Program," link. Click the link, and then engage in the site's three step process to get products listed.
Shopzilla.com's shopping comparison program lets retailers gain access to a targeted buying audience, while giving them reasonable control over the price they pay for traffic. There are no set - up fees; retailers pay for the clicks directed to their online store.
Retailers can join the site in three steps:
Through the program, products will be listed at Shopzilla.com, and will also appear at BizRate.com and at AOL's Instore.com.
PriceGrabber.com provides advertisers with the opportunity to reach a self-described "narrower audience." Here is how the site differentiates itself from the competition, in its own words: "Our site attracts computer literate, informed buyers in search of the best deal they can find. PriceGrabber.com offers advertisers the ability to target their message to a specific audience through category specific advertising."
Interested retailers are encouraged at www.pricegrabber.com to send an email to firstname.lastname@example.org. The company asks that retailers include a contact name, company name, phone number and an email address. Then, the firm's advertising staff will contact the retailer.
Yahoo! Shopping should not be confused with Yahoo! Merchant Solutions. The former is a shopping comparison engine and lead generator that is very similar to the examples detailed above, and the latter is an ecommerce service offering.
Interested parties for Yahoo! Shopping should log onto www.shopping.yahoo.com, scroll down to the bottom of the page and click the, "Advertise with us," link. From there, they will be encouraged to use the site's Product Submit tool to receive 20 percent off listings.
While traffic at ShoppingNexus.com is not quite as high as some of its competitors, it offers a less crowded alternative that might actually bring in more sales. The site utilizes 20 different categories to help consumers find what they seek.
Unfortunately, the site does not offer a streamlined way for merchants to join its program. In other words, visit www.shoppingnexus.com, fill out the, "contact us," form and wait for the site's reply, in order to get the lowdown on getting products listed.
For more information, contact:
8000 Marina Blvd. 3rd Floor
Brisbane, CA 94005
12200 W Olympic Blvd. Suite 300
Los Angeles, CA 90064
5150 Goldleaf Circle, 2nd Floor
Los Angeles, CA 90056
1501 South Loop 288 Suite 104-319
Denton, TX 76205
Topic: Business Strategies
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