Because of the internet, there has been an increase in the shopping portals which list the products from different retailers in the virtual marketplace. It makes possible for the buyers to evaluate prices to make purchasing decisions quickly. This feature is known as the product price comparison services.

The remarkable thing is that these websites can generally recover data directly from retailer websites rather than collecting and showing the data feeds through individual retailers. This method makes possible to collect a more widespread list of the service providers having real-time price updates for better control.

Today’s new-generation shopping portals providing price comparison characteristics have changed how the business models for e-commerce work best in terms of functionalities and features. So, price comparison services for e-commerce have become a game-changing factor.

What are the Product Price Comparison Services?

The price comparison services for e-commerce websites is a successful means to assist and analyze competitors through product types as well as service levels and it helps to keep a check on the quick pricing variations in the real-time. For the consumers, these websites are the places of getting the right type of products at least possible prices in the best possible way.

However, product price comparison services providers are now using web crawling for scanning web pages as well as retrieving the prices in the automated manner rather than supply-collect format.

One more approach to collect data is a newer method called crowdsourcing which makes that possible to gather data from all possible resources without setting up web crawlers or electronic data supply collectors. Usually, a mixture of all these techniques is used for data collection.