PARIS, FRANCE, July 29, 2010
/24-7PressRelease/ -- Letsbuyit.com, the online price comparision site has this month released their innovative solution to accomodate sites of e-commerce: an online platform whereby e-commerce businesses can upload their products onto the site, without going through an affiliate network, for a small, monthly fee.
Thinking outside the box of more traditional models such as cost per purchase and cost per click, the new MerchantPlace has revolutionised the market. With no joining fees, no obligation to renew your contract after the first month and the no-fuss, easily accessible site, the MerchantPlace boasts a lot of advantages for the merchant.
A never-before-seen model:
Currently, 2 models allow e-merchants to reference their products on price comparison sites.
The cost per purchase: the comparison site takes commission for each sale made by customers who have purchased a product on the merchant's site by being re-directed from their site.
The cost per click: The comparison site receives a fixed rate of commission every time a visitor clicks on a merchant's site through the price comparison site.
Since the start of September 2009, Letsbuyit.com have proposed cost per purchase as the way forward.
Letsbuyit.com have launched their new MerchantPlace, http://merchants.letsbuyit.com, across France, Germany and the UK whereby merchants will have to pay a small, monthly fee which varies according to the number of products they want to upload onto the site.
Description:
Pack 1 - Up to 1000 products - 20.00 EUR
Pack 2 - Up to 10000 products - 40.00 EUR
Pack 3 - Up to 100000 products - 100.00 EUR
Pack 4 - Unlimited amount of products - 200.00 EUR
*Find other offers on the website at http://merchants.letsbuyit.com
The principal advantages of the MerchantPlace :
An accessible price; with no joining fees, even smaller shops are able to put their products on the site.
With no minimum contract, membership is subscribed to on a month to month basis.
A neutral display; no matter which shops have paid the most, letsbuyit.com is an entirely non-biased site. It's search engine finds results based on the best prices and customer ratings on the products and not the amount the merchant pays.
Quick and easy upload of products; The automated system is based on artificial intelligence that recognises the merchants product catalogues and puts them into the correct format for the site. The product catalogues are therefore uploaded extremely fast, in less than 24 hours.
Arnaud Crepier, founder of the site 'defaistre.com', commented: "I put my e-commerce shopping site online recently but I didn't have the financial means to put it on the price comparison websites to make it visible on the net. But thanks to the new model Letsbuyit.com have introduced, I finally have this possibility at a fee I feel comfortable paying. What's even better, is that although I am no technical expert, I was able to upload my entire product catalogue onto the site in 20 minutes!"
A complete price comparison site for the internet user!
Thanks to the new MerchantPlace, the cyber-shopper is able to benefit from a completely trust-worthy search engine whereby no shop is put above another by the site. Not only that, the possibilities are broad for all merchants as even small shops have the possibility of integrating their products on Letsbuyit.com.
Pauline Dubuc, co-founder of Letsbuyit.com, explains: "We wish to convince e-commerce businesses that through this new model, which reinforces our old one, they are part of an exclusive, niche market that gives them the best possible visibility online. Our model allows them to access price comparison services which would otherwise be too expensive for them and through this to access web-traffic which they need to become well-known. In just a few weeks, a hundred merchants have already signed up."
---
Press release service and press release distribution provided by http://www.24-7pressrelease.com# # #
Read more Press Releases from Billy Letsbuyit:Other Press Release Headlines:
