Comments for How price comparison sites work. at http://bankactiongroup.com , comment 1 to 3 out of 3 comments http://bankactiongroup.com Thu, 09 Sep 2010 07:36:13 +0100 FeedCreator 1.7.3 http://bankactiongroup.com/reviews/read-a-review/61-consumer-price-comparison-sites-/265-how-price-comaprison-sites-work-#comment-186 And of course if you use the price comparison sites to find which insurer (etc) is offering the best price for your circumstance, then log out and go via a cashback site (like Quidco etc) to pick up the commission for yourself. For car & house insurance it's often in the region of £50-100 a time. No wonder there are so many meerkat ads on TV! - broxie Fri, 13 Nov 2009 09:35:16 +0100 http://bankactiongroup.com/reviews/read-a-review/61-consumer-price-comparison-sites-/265-how-price-comaprison-sites-work-#comment-155 As i am operating a price comparison site i would like to add a couple of things on this conversation. All price comparison operators either focusing on services like car insurance or products i.e. furniture, get their information from the companies which originally provide them. How effective the comparison is, depends on the technology developed from each price comparison site. Yes, we do make our money from a commission paid to us from the companies we advertise. This however doesn't change the price for the end user. Actually is cheaper for a company to promote their products through this channel rather than traditional marketing methods, as they pay only when a transactions is completed. - Home and Garden Thu, 17 Sep 2009 02:15:37 +0100 http://bankactiongroup.com/reviews/read-a-review/61-consumer-price-comparison-sites-/265-how-price-comaprison-sites-work-#comment-58 Sorry I didn't reply earlier but the only way I can find to add to this 'article' I wrote is by writing this comment. OK, these sites hold a database which is constantly updated. Without boring you too much, a database is a collection of information which can be searched. Let's say you're looking for cheap electricity in Devon; the database will search it's records for the lowest price for electricity and then search for electricity in Devon, minus all cheap electricity results so that it only displays results for Devon and you've got your answer(s). Be Aware: Gas, electricity etc prices go up and down all the time, what might be the best deal today may well not be the best deal in a month's time. I saw on 'LK Today' that we should wait a month (time of writing 10th Feb 09). - incrediblesulk Tue, 10 Feb 2009 15:27:02 +0100