Comparative Price Shopping App Business

Business Idea: Start A Comparative Price Shopping App Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$175K
Avg Startup Costs
$19.4K
Market Size
Avg Revenue
Avg Days To Build
52 days

Comparative price shopping apps address a common frustration: finding the best prices across different retailers.

This business idea involves creating an app where users can quickly compare prices on products from multiple stores. The app could feature user-friendly interfaces, real-time updates, and possibly even user reviews to help customers make informed decisions.

The promise of saving money and time makes a price shopping app attractive. As more people rely on online shopping, there is a growing market for tools that ensure they get the best deals.

Building such an app requires market research, partnerships with retailers, and ongoing maintenance to keep price data accurate. For those willing to invest the time and effort, the potential for large user adoption and market penetration is significant.

Revenue & Profitability

How much do comparative price shopping app businesses make?

Startup Costs

How much does it cost to start a comparative price shopping app business?

  • It can cost as low as $1,200 to start a comparative price shopping app business.
  • It can cost as high as $15,000 to start a comparative price shopping app business.

Learn more about the costs of a comparative price shopping app business.

Examples Of Successful Comparative Price Shopping App Businesses

Successful comparative price shopping app business businesses and case studies

Power Target LLC, with an average growth rate of 20%, is a successful energy company that developed an online energy comparison marketplace called ElectricityRates.com, which has an excellent, 4.6-star rating on Trustpilot with over 1000 reviews, and allows users to compare competitive energy offers from providers and enroll through their fast, simple, and secure process.

$350K Monthly Revenue
$15K Startup Costs
Read by 4,250 founders

On Brand founder Brian McEuen curates personalized selections of clothing for men online, sending emails to individual users without duplicate products, with 75 current users and an annualized revenue run rate of $1800.

$150 Monthly Revenue
$1.2K Startup Costs
Read by 3,830 founders

See full list of successful comparative price shopping app businesses.