One of the most popular websites to make money online are the price comparators. In this post I will explain how you can earn money with your own price comparator .
There are different types of websites with which you can earn money online :
- Mega websites that receive a lot of web traffic and are monetized with advertising (Adsense and others).
- Personal blogs focused on a specific niche and generally monetized with affiliation and infoproduct.
- Very specific microniches monetized with both Adsense and affiliation.
- Online stores.
- ...
- ... and price comparators .
Price comparators generate a lot of money.
If you go to see a movie on TV, you will immediately get 7 minutes of ads and you will see how often you see comparators of well-known prices such as Rastreator, Kayak, Acierto.com, Kelisto, Trivago, Balumba ...
Obviously a small webmaster like me with a price comparison can not afford to advertise on television. These websites belong to large companies that spend a little money on advertising to publicize their price comparators.
These websites compare prices on a product or service on different websites.
The most popular products are insurance, flights, hotel stays, mobile ...
The profits are obtained with affiliate marketing , my preferred method to earn money online and one of the most widely used methods worldwide.
As a member of a product or service, you just have to recommend that product on your website and send web traffic to the seller's sales page through your affiliate link.
If the users you have sent end up buying that product, you automatically get a commission.
Believe me, if these big companies spend so much money on advertising it's because having a monetized price comparator with affiliation is worth it.
Users love price comparators.
Who wants to have to browse 30 websites on the Internet for hours comparing prices when on a single website you can find the best price or the product that best suits you?
According to a study I read recently, 4 out of 10 users look for prices, comparisons and opinions on the Internet before buying.
Imagine having a comparator on the Internet that generates passive income month by month.
Can I have a price comparison?
When you start in this world of online business and decide to launch to create your first blog, the only thing you can think of is to make a blog where you can write about that subject that you like so much, and that is very good, it is a success. But there are many other possibilities, including having your own price comparator.
How am I going to manage a price comparison? ... that only big companies have ...
You're wrong.
You can also have your own comparator where every day people come to compare products, buy the products and you get a commission while playing paddle or you take a beer with friends.
In this post I want to explain how to create a price comparator and the secret that you must know in order for this to be successful and get a lot of money .
The competition in a price comparator.
When we talk about a price comparator, we all think about the same products: insurance, flights, hotels, mobile ...
The problem is that these niche markets are in high demand and the competition to appear on the first page of Google with these keywords is brutal.
I encourage you to search in Google the following keywords and take a look at the websites that appear in the top positions:
- Comparator of insurance.
- Cheap flights.
- Compare hotels.
As you can see, the first page of Google is full of these great comparators that I mentioned above.
If you want to make money with a price comparator , you can not do it on these topics ... of course they are very profitable, that is why these big companies invest so much money to stand out from the others, and it will be impossible to open your way without having money.
The secret to making money with a price comparator.
In Spain, outside of these large niches that we have mentioned, you do not usually find price comparators on other topics.
In other countries such as the United States, the UK or Germany, there are price comparisons on very specific niches, which have much less competition and with which a monthly income can be generated constantly without problems.
An example is this German flower delivery price comparator .
The secret so you can make money with a comparator is to focus on a very specific micronicho, a product that people usually buy online and that does not have the competence of large companies. I can give you several examples that occur to me right now:
- Comparator of mountain bicycles.
- Parts comparator for motorcycle.
- Comparator of board games.
- Comparator of cameras.
- Comparator of hair dryers.
- Comparator of car seats for babies.
- ...
To create your own price comparator , the first thing you have to do is find the niche you are going to focus on.
Use a keyword planner like Google Adwords Tool or Long Tail Pro to check the demand of a certain keyword and analyze the websites that appear in the top positions of Google with that keyword: Type of websites, if they include the keyword in url, title, or description, what DA and PA have, etc.
To monetize your website use an affiliate program.
The good thing about this type of website is that everything is practically automated. As an affiliate you do not need to have your own products, just recommend products from affiliate platforms and get a commission for each sale.
The most popular affiliation platforms are:
- Amazon
- Ebay
- affilinet
- Commission Junction
For example, I have 2 websites that I monetize as an Amazon affiliate. It is one of the most reliable and preferred companies by Spanish buyers, although the commissions are not very high.
How to make a price comparison.
The first thing you have to do, as with any type of web, is to hire a hosting . You can see the 3 hostings that I usually recommend in this post .
Once you have your hired hosting, installing WordPress is very simple. Most hosting companiesoffer this possibility with a couple of clicks.
To give your price comparator a professional look, you can find premium templates on my resources page .
Finally I want to recommend a couple of plugins that can make your job much easier in your price comparator.
Plugin WPComparador.
This plugin is very good. What it does is automatically generate a comparative table of a product , showing the price in real time of the product in the different online stores. This way you will not have to continuously update the prices on your website.
The plugin allows you to include the affiliate links of the different stores you work with: Includes Amazon, Ebay, AliExpress, Banggood, Rakuten and DealExtreme.
It includes statistics of what users have done, what they have bought, in what store, from what country, since what device ...
The good thing is that it automates the whole process for you.
The plugin costs $ 50 but they are really worth it.
You can access the plugin in the following link: Plugin WPComparador .
Plugin WordPress Product Review.
This plugin is ideal to create "reviews" of a product professionally and with an appropriate design.
It offers you the following options:
- Include the image of the product in miniature.
- Include your affiliate link
- Put the price of the product.
- Describe advantages and disadvantages of the product.
- Rate the product.
The plugin is paid, although it has a free version, so you can try it on your website and within a while, if you convince, you buy it.
You can access the plugin in the following link:WordPress Product Review Plugin .
