CompareYourBusinessCosts.co.uk is a relatively unknown website who won ‘Website of the Year’ back in 2015, beating the likes of Comparethemarket but after a restructure of the business following the repercussions of Covid, organic traffic has rocketed with over 400% growth in the last 6 months alone.

Following the increase in organic traffic, James Ward, CEO of CompareYourBusinessCosts explains “We have big plans to quickly surpass the natural rankings of many of the well-known comparison websites to strategically put us on the map, whether that be for future collaborations or potential mergers”. He continues “we have made a series of strategic partnerships with the likes of LoveEnergySavings for Energy, FundOnion for Business Loans and Finance, SuperScript for Business Insurance and most recently EverythingManaged for Business Waste to ensure we can cater for all our business customers.

CompareYourBusinessCosts was predominantly a telecoms comparison website prior to Covid with Leased Lines being their main product but as the repercussions of Covid swept through UK businesses they made a strategic decision to relieve the focus on one product and to diversify into multiple different sectors, including everything from Managed Services to office coffee machines! James Ward comments “our aim is to be the one-stop-shop for all business costs. If you’re looking to buy anything for your business, we want you to do that via our website.”

The websites services include leased lines, telephone systems, coffee machines, business waste management, EPOS systems, card machines, business bank accounts, broadband, business energy including electricity, gas and water, CRM systems, time management software/ business clocking in software, business insurance, invoice finance / factoring, office space, business mobiles, business cloud, managed service providers including IT consultancy, desktop support, server / cloud support and cyber security support.

So, What Are Cost Comparison Websites?

Cost comparison websites are sites that show listings of products and prices from various e-commerce sites. These sites typically charge a fee to the companies that choose to feature on them. These sites make online shopping more convenient and easy for consumers by providing targeted price reductions. There are several different types of cost comparison websites, and they all work in different ways.

Price comparison websites display listings from multiple e-commerce sites

Price comparison websites allow shoppers to compare prices from multiple online stores. They can view product descriptions and prices, as well as key services offered by retailers. They also show payment methods and shipping times, as well as special offers. They also let retailers upload their own listings for free. Prices are updated several times a day, so they can keep up with competitors’ prices. Many price comparison websites also allow users to review products and read reviews.

When deciding which price comparison website to use, it is important to consider your ecommerce strategy. Different retailers have different needs. For example, some retailers might want to use a comparison site to find new competitors. Some websites connect to a variety of e-commerce sites and search engines, while others crawl the web for the best deals.

They charge a fee to companies that feature on their sites

Many cost comparison websites earn a fee from companies that feature on their sites. These commissions are usually a one-off fee when a customer clicks through to the provider’s website. They also get a commission when a customer purchases a policy from a particular company. These fees can amount to 20 percent or more. This makes comparison sites a cheaper option for companies than television advertising.

Many comparison services rely on web scraping for their data. This process involves using automated bots to crawl merchant websites and gather information. This data is then sent to a comparison service’s servers. Some comparison providers also build their own systems and use this data for their comparisons.

They make online shopping easier

Cost comparison websites help shoppers make informed decisions when making an online purchase. Many of them also provide product reviews, which can help consumers make a more informed decision. Additionally, they help online businesses remain competitive by allowing shoppers to discover new stores and products. By using a price comparison site, consumers can save time and money when they make an online purchase.

Cost comparison websites enable consumers to compare prices of the same products across multiple stores. They allow consumers to easily compare prices and brands, and they often offer exclusive prices. The popularity of these websites has grown to the point where more than 10 million people use them. These websites are easy to use and provide customers with access to the best prices available online. They also make it easier for retailers to find products that appeal to consumers who are on a budget.

They provide targeted price reductions

Cost comparison websites are a powerful tool for consumers to find the best deals online. The growth of these websites has been astounding over the past few years, and they show no signs of slowing down. This trend has been spurred by the increasing cost-consciousness of consumers. As a result, price comparison websites have become increasingly specialized. Some, like Utility Bidder, have branched out into specific industry segments. These niches are becoming important for comparison providers as they seek to build their brand.

Besides providing targeted price reductions, these websites also offer other benefits. They provide comprehensive, accurate listings of products and prices from a variety of e-commerce websites, which saves the end consumer time and effort.