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Sep
24
2011
Supermarkets Use Mysupermarket.co.uk to Combat Confusion Over Supermarket PricesLondon, England (PRWEB) April 17, 2008 mySupermarket.co.uk announced today that it has been recognised as the major independent source of household grocery data by the UK leading supermarkets. Since the data service launched at the end of 2007, a number of retailers and brands have been buying mySupermarket data. In recent weeks, both Asda and Tesco have used mySupermarket’s independent data in high profile media campaigns to compare the prices of thousands of their products to their competitors.
Supermarkets feel the pressure
The decision to use mySupermarket data clearly indicates that it’s not only consumers that are using mySupermarket. The largest supermarkets in the UK recognise that the site provides a reliable grocery price comparison source, and that as an independent site, it is more credible in the eyes of consumers than the supermarkets’ own price comparison checkers. To add fuel to the price-war fire, the supermarkets are using mySupermarket data in their advertising campaigns on a regular basis and are actively encouraging customers to use the site to verify their claims.
Smart consumer shopping can beat pricing confusion
Johnny Stern, Director of mySupermarket.co.uk, commented: “Rising food prices mean that consumers need to make budgets go further, and many of us have wised up to the fact that there are alternative like-for-like products available sometimes at a fraction of the cost. The benefits of this are three-fold; Firstly, supermarkets are offering more competitive prices; secondly, they are using independent sources such as mySupermarket to verify these price cuts and thirdly, by simply shopping around using mySupermarket, customers can make sure that they’re getting the best value for money regardless of their chosen supermarket.”
About mySupermarket.co.uk:
mySupermarket Ltd is a private company, owned by a group of venture capital investors and mySupermarket employees. None of the supermarkets or product manufacturers own a stake in the company.
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