How does CompareTheMarket make money?

We only make money when we've helped you with your new deal. For example, when you've found your new supplier or provider through us, our fee is paid by them. This fee doesn't change the price you pay – we have no control over these prices and how they vary.

How do Comparethemarket make money?

Compare the Market receive a percentage of the commission that our partner Responsible Life earns. The providers pay us, either directly or indirectly, a flat fee per card, a flat fee per loan or a fixed percentage of the Loan amount when you successfully take up the product secured via Compare the Market.

How do comparison sites make money?

Comparison shopping sites are webpages that allow consumers to compare prices, specifications, and goods reviews from different vendors in one place. These pages earn an income through different models, such as affiliate marketing, advertisements, and lead generation.

How does go compare make money?

Our partners are paid commission from the product provider based on the cost of the product. Our partners then pay us a percentage of that commission. Our partner pays us a fee for every policy purchased through Go. Compare.

How much money does Comparethemarket make?

Compare The Market increased its revenue by almost £100m thanks to higher insurance premiums leading to more customers switching providers. The Peterborough-headquartered company has reported a revenue of £563.7m for the year to 30 June, 2024.

Comparethemarket on How to Hire Makers

Who owns Comparethemarket UK?

Comparethemarket is a UK price comparison website, founded in 2006, that is part of the BGL Group. The website also offers other on-line companies the ability to provide their customers with a co-branded or white labelled comparison service.

How does Comparethemarket work?

We compare hundreds of products from a wide range of household names and underdogs. We do not compare all products or all products from all brands. Visit who we compare to understand which brands we compare for each type of insurance, energy, home loan and household products.

Why is it now GoCompare instead of GoCompare?

Back in 2022, the price comparison website Go Compare announced a name change to Go. Compare, as a way to fuse its brand name with a new domain name. Previously, users would have to type in gocompare.com, but the idea was to simplify the process even more by having the brand name as the URL.

Who is GoCompare owned by?

The company was 49% owned by insurance company esure by 2011 and on 8 December 2014, esure acquired Go Compare in a deal worth £95 million.

How does MoneySuperMarket make money?

We make our money by saving you money

We work with hundreds of companies to bring you dozens of ways to super save on your household bills. From car and home insurance to broadband, credit cards and mortgages, there are always more ways to save with MoneySuperMarket.

What are the negatives of price comparison websites?

Comparison sites tend to focus entirely on price, and ignore quality. Customers often find a correlation between higher prices and better products. Some companies may charge more but provide better customer service, more flexible refund options, etc., that the price comparison site user will not be made aware of.

What type of website makes the most money?

How do comparison sites get their data?

Third-party companies constantly scan the most popular retailer websites and in turn grant the comparison provider access to their database of current prices.

Who is the CEO of ComparetheMarket?

Compare the Market CEO Mark Bailie plans to triple the size of the business by pushing the price comparison website into fresh areas of financial services.

Who is the founder of Comparethemarket com?

Prima Group, one of the fastest-growing insurance brands globally, has appointed Matthew Donaldson, founder of Comparethemarket.com, as its Chairman.

Who owns Compare the Market UK?

A Sky News report said advisers are being lined up to evaluate a possible divestment by CPPIB, which acquired the stake in 2017 for £675 million. Compare the Market is majority owned by BHL, which holds the other 70%.

Does Compare the Market sell my data?

Your quotation information is shared with or collected by our comparison service providers to provide you with a quote for the service that you have requested. They will share your quotation information with any insurance providers, Credit Reference Agencies, or lenders they work with to provide that quote or offer.

Does Compare the Market get commission?

How do we make money? We don't charge consumers anything to use our comparison service. Instead, we receive a commission from the insurers we partner with each time one of our customers takes out a new car insurance policy through our website or by phone with one of our insurance partners.

How do Comparethemarket make money?

But consumers still need to be aware that these sites are commercial companies making profits of between £9.8 million (uSwitch) and £69.7 million a year (comparethemarket). This money comes from those companies listed on their websites that pay commission every time a comparison results in new custom.

What insurance companies do Comparethemarket use?

What does BGL Group stand for?

BGL Group (formerly Budget Group Limited) is a financial services company based in Orton Southgate, Peterborough, England.

What is the best app for price comparison?

What is a price aggregator?

A comparison shopping website, sometimes called a price comparison website, price analysis tool, comparison shopping agent, shopbot, aggregator or comparison shopping engine, is a vertical search engine that shoppers use to filter and compare products based on price, features, reviews and other criteria.

Are comparison websites good?

For those who have more complicated needs or who are unsure about the product to begin with, they might not be quite so useful; in fact, they can be positively harmful because the wrong product are bought. It's always wise to assess your own situation and needs before using a price comparison site.