The Advantages of Best Comparison
Shopping Engines
Having a great platform, like Magento, for your eСommerce is
no longer enough for keeping on top of the market. Making the most of the
available opportunities is simply critical. Comparison shopping
engines is yet another marketing channel that can boost your success. They
allow merchants to display their products along with the reviews and pictures
on various platform.
However, you should know which shopping engine is the best
for your eСommerce. Choosing the best Shopping Engine is a very important
decision for every eСommerce runner who is looking for a way to increase search
rankings and online sales. Quality shopping engine is extremely
crucial for the success of a Magento website: it can attract new customers,
increase visibility and boost sales. There is a broad
assortment of Comparison Shopping Engines for the Magento based estore on the
market nowadays, but which one is the best and what are the criteria?
I conducted a study and ranked shopping engines for you
based on the major metrics:
- Revenue
- Traffic
- Cost
of Sale (COS)
- Conversion
Rate
- Average
CPC
- Merchant
Response Ratings
- Merchant
Tools
Online merchants should make the most of this data and
modify their marketing budget in accordance. The final goal is to increase the
sales and product exposure on sites.
Here is out list of the industry’s top 5 comparison shopping
engines (CSE) for Magento based online merchants. All you need is to
create feed file and
to publish your products on your favorite platform.
1. Google Product Listing Ads
Google Product Search has stolen the top spot on the list
shortly once it turned into the paid Google Product Listing Ads / Google
Shopping program. It has stayed on top ever since, nearly in every noteworthy
ecommerce metric. The constant increase in overall traffic only makes its
ranking higher and better.
Pros:
- One
of the greatest features of Google Product Listing Ads is that it has
managed to maintain the lowest cost of sale while generating the most
revenue and traffic compared to other search engines.
- Probably
the most favorite advantage for ecommerce merchants is that they can manually
upload feeds or use an FTP to upload in bulk.
- Google’s
Merchant Center and Google’s AdWords – these are the two platforms that
utilize Google Shopping Engine. Merchant Center is used for managing
products, while AdWords is for managing Product Listing Ads (PLAs),
setting daily budget and adjusting bids. This makes your ads visible in
both, Google shopping site and regular search result.
- Google
Shopping is available in various countries: UK, France, Spain, Italy,
Brazil, Netherlands, Japan, Australia, Germany and Switzerland.
- There
is no minimum bid for Google Product Listing Ads.
- Google
Shopping Engine has a 21% higher click-through rate than text ads.
- It
allows merchants to attach a marketing message, for example “Free shipping
on orders over $30”.
Cons:
- The
53% increase in CPCs rates since last year
- Strict
rules on data quality; if not followed properly, may lead to account
suspension.
Tip: When using Google
Product Listing Ads, it is recommended to avoid watermarked images, uppercase
products titles and product descriptions including “free shipping”.
2. Amazon Product Ads
Amazon Product Ads is yet another way you can use Amazon to
reach out to 44 million customers each month in various places. Your products
will appear in Search and Browse, Detail Page, Buy Box, Tower Ads. This is a
great option! The process of displaying your ads on Amazon Product Ads is quite
easy. All you need to do is set up an account on Seller Central and set a daily
budget and minimum bids.
Pros:
- Amazon
Product Ads is available for UK merchants as well.
- Help
merchants with bidding wisely by providing suggested bids.
- More
product listings allowed than on Amazon Marketplace.
- Products
are divided according to product categories and three different price
ranges for an easier bidding system.
- When
signing up new users of Amazon Product Ads can get $75 in free clicks.
- Shoppers
are linked to the merchant’s external website when making a transaction on
Amazon Product Ads. This is very useful for those retailers that already
have listings on Marketplace; they can list on Amazon without the need to
subscribe to Marketplace program.
- Amazon
Product Ads allows merchants to use up to 5 keywords that best describes
the product. This increases visibility and the number of the most relevant
customers reached.
Cons:
- Amazon
Product Ads has stricter content conditions than Amazon Marketplace.
- It
decides whether the ad placement is All or Targeted type automatically.
- Merchants
can not control to which categories their products are submitted.
3. Shopping.com
EBay commerce network also offers a shopping engine for
Magento based stores. Shopping.com reaches about 8 million online purchases
monthly. It offers targeted ad placement and works with such websites as Bing
and TheFind. If online merchant chooses to advertise his products on
Shopping.com engine, all details including title, image, shipping info, price,
product ratings and reviews will be displayed to clients.
Pros:
- Shopping.com
offers free optimization tools like Survey tool and ROI tracker (measures
conversions and performance).
- The
competitors’ top bids are displayed for the merchants.
- It
is available for merchants in UK, Germany, Australia and France.
- It
is based on a value-based pricing model (bids are modified according to
the quality of traffic).
- Shopping.com
allows for bulk uploads via an FTP.
Cons:
- It
works on a minimum monthly budget. Merchant needs minimum of $100 to get
started.
- Promotional
marketing messages are not allowed on Shopping.com.
- Product
level bidding is also not allowed.
- Credit
cards are not allowed; hence, PayPal account is required for linking to
automatic payment plan.
Tip: By signing up with
Google AdWords merchants can get listed in the Shopping.com “Sponsored
listings” section.
4. Nextag
Before Google Product Listing Ads took over the shopping
engine market, Nextag used to be on top of the paid shopping engines. With the
highest amount of revenue and traffic reported in the beginning of 2013, Nextag
managed to achieve third position for the lowest cost of sale for merchants.
Every month there are approximately 30 million visitors. Nextag is very
convenient as it allows various kinds of listings including products, real
estate, event tickets, travel plans, coupons, etc. A monthly budget and minimum
bid for every category is all that a merchant need to list his ads on Nextag.
Pros:
- Nextag
is available in Spain, Germany, Canada, Australia, Japan, Italy and
France.
- The
advanced interface gives merchants an option to create complex shipping
rules.
- Merchants
can increase credibility by collecting reviews from clients after the
sales are completed.
- It
is easier to track conversion rates and sales by ROI Optimizer.
- Nextag
has a three traffic-attracting program that merchants can find quite
useful. These are Merchant Logo, Display Rank and Marketing Message.
- Requirement
for Nextag listings are less strict than for most of the other shopping
engines. This is rather important for those who are in the business of
products containing adult content or other typically restricted items.
- A
nice CPC bidding model allows merchants to bid on brand, product or
category level.
- Nextag
support bulk product imports.
- By
setting Maximum CPC bids on the best selling products merchants can beat
their competition and get the highest rankings possible.
Cons:
- Nextag
has faster consumption of monthly budget.
- Products
are displayed according to bid ranking program. In other words, higher bid
means better position.
- Promotional
marketing message is not free; it costs approximately $0.05 – $0.10, depends
on the category.
- Qualified
traffic views the products in an accelerated manner, rather than being
spread across days or months.
5. Pricegrabber
Pricegrabber is another paid shopping engine that is in our
top 5 list. It is great for those who want to focus on boosting their business,
as it offers various coupons, weekly specials, top searches, etc. There are 26
active users on Pricegrabber and in addition, it has partnership with Yahoo!
Shopping. Monthly budget and minimum CPC for products is required to get
started on Pricegrabber. By the end of the 2013, Pricegrabber managed to have
one of the lowest costs of sale.
Pros:
- Merchants
can choose between three bidding source options – bidding tool, bid via
feed import, CPC rate card value
- Pricegrabber
is available in UK and Canada.
- It
allows to specifically target Spanish speaking clients.
- It
showcases featured products and category.
- Merchants
can submit same feed file as the one in the Google Product Listing Ads.
- Pricegrabber
offers various media options like Featured Merchant and Banner Placements.
- There
is no minimum CPC bidding model. Clients can actually bid as low as $0.01.
- Merchants
are allowed a bulk data feed upload through an FTP.
Cons:
- Pricegrabber
does not have an option to control daily budget.
- The
budget is consumed faster due to the accelerated display of products to
qualified traffic.
- In
order to have their logo displayed on ads, merchants have to pay minimum
of $.10, in addition to minimum ad budget of $700.
There is no doubt that
all 5 shopping engines mentioned in our articles are great; however, there are
specific needs for every business. So, what you have to take away from this
article is every single con and pro, scrutinize each Comparison shopping engine
and choose the best one for the success of your Magento based eCommerce.
Fortunately, we at Mirasvit offer you, Magento store owners;
a comfortable data feed solution that is very easy to use. You simply select
the product and we do the rest to boost your success. We study your decisions
and guide you based on the requirements. Our solution is
Check this product feed in Asp.Net
Tudou is a comparison shopping engine.
However, it warrants a place on this list as a large source of ecommerce
traffic for online consumers can sort products for purchases. This
shopping site has features deals, coupons, and weekly specials.
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