Official statistics from the Internet Telecommunication Union state
that internet penetration in Mauritius was 29.69% as at June 2009 (www.internetworldstats.com/africa.htm#mu). Their figures confirm those provided by the Central Intelligence Agency (CIA).
Compareprices.mu expects about 50,000 'unique visitors' per month.
Google Analytics tracks the number of 'unique visitors' by their IP
address, which means that 3 people visiting the website but who live in
the same house or share the same network will count as 1 visitor.
Therefore, let's assume that in one household or place of work, at
least 2-3 people visit compareprices.mu every month. This means that we
are expecting to reach about 120,000 people every month (which is
roughly 10% of the population).
Showcasing your products on compareprices.mu gives your company
greater benefits than just advertising a few products on other media.
Some of the advantages here include:
10% of the population can view 100% of your products as
there is no time restraint. The average time per visit on
compareprices.mu is 7 minutes whereas a TV/radio spot is aired for
about 15 seconds.
People who go on compareprices.mu are
potential buyers whereas people who hear/see an ad elsewhere may have
no interest at all in the products that you are advertising. Therefore,
the % reach can be lower in quantity but much higher in quality as the
visitors themselves have chosen to see your products.
Collective
decisions can be made. E.g. at any time, parents can go on
compareprices.mu to check out the deals before buying a mobile phone
that their child has requested. It does not involve the visit of every
interested person to your store and therefore reduces the time spent
between looking for a product and buying it. If your business has an
online store, visitors can even be redirected to your website to make
their purchases.
People who are busy at work can check
compareprices.mu during lunch break instead of having to come to your
stores during the weekend. Compareprices.mu receives the highest number
of its visitors during lunch break (i.e. from noon to 2p.m.).
No production cost, as compared to Rs. 300,000 on average for producing a TV spot.
You
can update the product information and upload new products as often as
you like. On the other hand, if you want to advertise different
products every week on TV/radio/press, you will have to pay the
design/production costs for every new advertisement.
Marketing
accountabilitiy is hard to calculate, given that you cannot assert how
many people have purchased your products due to your advertisements.
But on compareprices.mu, you can check the rate of response by viewing
real time data about the number of clicks obtained on your products.
The number of clicks does not show how many people have seen your
products, but how many people, after seeing your products among other
products, have been interested enough to click on your products to
obtain further information such as descriptions, specifications,
after-sales facilities, etc.
Long-term marketing.
Showcasing your products on compareprices.mu is a step towards building
a closer relation with customers. This is because you are aiding the
customers in their decision-making process as you allow them to compare
your products with those of retailers. More than just a lowest price
strategy, it becomes a customer-centred strategy.
Our new comparison policy
In order to compare prices and products offered by different
retailers in Mauritius, we collect relevant information from the
following sources:
Products lists that retailers choose to email us,
Retailers' websites, and
Press/email adverts.
As from 1 December 2009, our policy is to allow retailers to feature
their products and list their prices free of charge on
compareprices.mu. We thus remain impartial and do not endorse products
of a few selected retailers.
Collecting information from retailers' websites and press/email adverts
does not constitute a breach of confidentiality given that the
information we make known is already in the public domain, nor does our
practice infringe any part of the Copyright Act 1997, since information
relating to products and prices may not be the subject of any copyright.
Despite our efforts to present up-to-date and accurate information, we do not warrant that that the website content will be free from
errors or omissions and we accept no liability to users for any
inaccuracies or mistakes in any website content.
For further inquiries and/or to become a participating retailer, please send an email to retailers@compareprices.mu.