People-Powered Price Comparison Engine BeatMyPrice.com Launches from Creators of RetailMeNot.com

2008-11-11 14:54:00 -

- Schwartz Communications Annie Klein, 415-512-0770 RetailMeNot@schwartz-pr.com Stateless Systems, a web development company focused on the user experience and creators of RetailMeNot.com, the web's leading destination for online coupons, today announced the launch of BeatMyPrice.com, a people-powered price comparison engine. BeatMyPrice.com helps consumers find the lowest possible price for an item online by simultaneously searching millions of prices sourced from across the internet, comparing them against the best deals submitted directly by consumers and linking them to more than 100,000 coupons from RetailMeNot.com. BeatMyPrice.com works best when a consumer finds an item they want to buy and challenges the engine to find a lower price. BeatMyPrice.com works like this:

1. A shopper enters the item name, a link to the item at the online store and the price to beat.

2. BeatMyPrice.com delivers the best results found by other shoppers and generated by other price comparison engines.

3. The shopper can narrow results by removing stores and adjusting the price slider to see only the results below their target price.

4. If there is no lower price, the price entered becomes the price to beat.

For a brief tutorial on BeatMyPrice.com, please click here: BeatMyPrice.com/static/about.

"Most price comparison services have stagnated. They pull data from the same sources and often favor commission structures over delivering good results," said Guy King, co-founder of BeatMyPrice.com and RetailMeNot.com. "We anticipate BeatMyPrice.com is really going to shake things up. Already we've developed a product search platform that is as good, if not better, than that of the established players, and it is designed to improve the results for subsequent visitors every time a search is performed. On top of that, we have integrated 100,000 coupons from RetailMeNot.com into the results to make sure no opportunity for savings is missed."

According to a recent consumer survey conducted by Harris Interactive and commissioned by RetailMeNot.com, 32% of online shoppers use price comparison websites. To see examples of how BeatMyPrice.com's results measure up against other price comparison engines, please visit: BeatMyPrice.com/static/about.

About BeatMyPrice.com

BeatMyPrice.com is the first price comparison engine to leverage people power alongside powerful metasearch algorithms to find the lowest prices. Like its sister website, RetailMeNot.com, BeatMyPrice.com's mission is to help consumers save money and enjoy a hassle-free discount shopping experience online. BeatMyPrice.com, a division of Stateless Systems, is located in Melbourne, Australia.

About Stateless Systems

Stateless Systems is a Melbourne-based Web development company founded by Guy King and Bevan Clark in 2007. The company's roster of Web properties includes BugMeNot.com, RetailMeNot.com, CushyCMS.com, oursignal.com, PDFMeNot.com and JungleCrazy.com. More than 10 million people visit Stateless Systems Websites each month.

www.RetailMeNot.com is a registered domain of Stateless Systems. All other domains, names and trademarks mentioned herein are property of their respective owners.

BeatMyPrice.com Teams Collaborative Shopping with Powerful
Metasearch Algorithms to Help Consumers Find the Lowest Price Possible
When Shopping Online