Gazaro, the world’s leading source of retail price intelligence and analytics (priceiq.gazaro.com), today announced the launch of its new Gazaro Watchlist service (gazaro.com/watchlist). Available now, this free web service enables customers to track products and be automatically notified of price drops, saving them money both before and after they purchase.
According to comScore, US ecommerce spending for the first quarter of 2011 reached $38 billion, representing 12% year-over-year growth from 2010. With gasoline prices and unemployment at record levels, price sensitive consumers continue to search for the best deals, sales, and coupons. As a result, growth in online retail spending is now double that of offline retail spending.
“Shoppers want to find the best deals, sales and coupons, but doing so requires a lot of research, which is very time consuming,” said Alexander Rink, CEO of Gazaro. “Gazaro’s Watchlist automates the entire online shopping process by analyzing millions of products and price points, and notifying customers when they can save money, before and after they buy.”
Gazaro’s Watchlist is free to use, and streamlines the online shopping process. Shoppers can:
Before Purchase: Track an unlimited number of consumer electronic products, and be automatically notified when prices drop;
After Purchase: Register and track products and be notified of price drops for in-store price matching refunds.
With a database of over 500 million retail price points, increasing at rate of 7 million daily, Gazaro’s PriceIQ™ (priceiq.gazaro.com) platform delivers sophisticated price intelligence and analytics to identify and highlight the best and lowest prices on consumer electronics and other products. Gazaro also integrates free coupons from North America’s top retailers and brands including Buy.com, HP, Microsoft, Sony and many more. Coupons are complimentary to the site’s other free deal-finding services including DealScore, PriceHistory, and PriceProtect.
For more information, visit the Gazaro Media Kit (media.gazaro.com), the Gazaro Insider Blog (blog.gazaro.com).
Gazaro increases pricing transparency and strengthens the connection between shoppers and retailers by continuously tracking, analyzing, and reporting on millions of product price points. Every day, shoppers depend on Gazaro DealScore™, PriceHistory™, PriceProtect™ and Watchlist to save them time and money with the identification and notification of great deals and rebates. Real-time competitive price intelligence and analytics from Gazaro’s PriceIQ platform gives retailers and manufacturers a strategic competitive advantage through insight-driven pricing decisions that help increase conversions, sales, and customer loyalty.