Price Comparison Sites

PRICE COMPARISON SITES PCW's The CMA Customer Survey Use of Price Comparison Websites or (PCWS) has grown in popularity in recent years. estimates that71% of respondents who shopped around in the last three years ..ltul.. used a PCW to find out information.38 Consumers' stated reasons for using PCWS tend relate to price, with users indicating that their 85% principal aims are to find the best deal (85%), compare prices for specific products (83%) and save money or reduce costs (79%).39 83% 79% THE RISE OF THE SUPPLEMENT INDUSTRY UK consumers spent £66 million on sports nutrition food and drink products in 2015, up by 27% from 2013 when sales stood at £52 million.The market for vitamins and supplements is in MİNTEL fine fettle according to the study from consumer analysts Mintel. Sales of vitamins and Mintel research reveals as many as supplements increased a two thirds (65 per cent) of all healthy 2 per cent between 2014 and 2015 to adults took some form of vitamins or supplement either daily or occasionally in the last 12 months, up from 63% the previous year. reach £414 million. Mintel research finds that young consumers are the core users of these products. Over two in five (42%) UK consumers aged 16-24 have consumed sports nutrition products in the past three months. Women buy more supplements than men, with sales amounting to £55million, an increase of 2.5 per cent. But while the market among men is smaller, it saw some of the biggest growth, rising 29 per cent to £11million. BENEFITS OF PRICE COMPARING 1. YOU CAN SAVE MONEY Price comparison websites have been one of the great innovations of the past two decades. By allowing you to compare dozens of policies at the click of a button. 2. CONVENIENT AND TIME EFFICIENT Price comparison allows you to gather more data and saves you a lot of time. With a few clicks of a finger you can get hundreds of products with hardly any effort at all. This allows you to save the time of trawling through dozens of individual websites. 3. WIDE VARIETY AND CHOICE If you're looking for a way to find out which product best suits your needs, price comparison sites are a good way to get an overview of what's on offer. Comparison websites provide you with a range of options that are not easily available on the market. Some offers are only available through comparison websites. Sources: http://www.ukrn.org.uk/wp-content/uploads/2016/09/201609027-UKRN-PCWS-Report.pdf 38 CMA, Energy Market Investigation, A report by GfK NOP, Feb 2015 https://www.redbrickresearch.co.uk/2016/07/26/the-rise-of-the-supplement-industry/ http://www.mintel.com/press-centre/social-and-lifestyle/sports-nutrition-bulks-up-uk-market-sales-rise-by- 27-in-two-years-as-one-in-four-brits-use-the-products http://www.express.co.uk/life-style/health/712708/Britons-splash-over-400million-vitamins-stay-healthy https://www.moneyadviceservice.org.uk/en/articles/price-comparison-sites-guide F TNESS SAVVY ACHIEVE ANYTHING www.fitness-savvy.co.uk