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I hope you have better luck than I did! A few years ago, my partner and I built vendazzo.com (now defunct). It was an e-commerce search engine on products listed on Shopify shops (sound familiar? :)). At the time, we had > 100m products listed, and I don't remember how many shops we were indexing.. over 100k I think, but we had access to over a million. Overall, I think your approach is very similar to ours, but we managed to keep our costs lower. At the time, we were spending ~$550/mo, and our search times were under 300ms. We had established partnerships with a number of shops, and we had a few users, but not nearly enough. That's where the wheels came off. The site operated for over a year, but the monthly costs wore us down until we finally decided to pull the plug. I still maintain that this is a good idea, and constantly have to fight off the urge to "try again", however, to do it properly, I think funding would be necessary, or finding some way to organically gain a lot of users. Looking back, there are things I could have done to reduce my opex further, but in the end, it still wouldn't have mattered if I couldn't figure out how to acquire users. |
In EU there are many price comparison engines with millions or billions of products. I don't know how popular they are. Some monetize trough ads, some have partnership with stores and you can buy directly from the search results.
I generally search first on the local Amazon equivalent, if I don't like what I see, I search on a smaller store. If I still can't find or dislike the products or prices I search Google. If I am still not contended with the results, I will go search on comparison engines.
And I also have a browser extension called Pricy who polls the comparison engines, so once I land in a product page I know which store has the better price and what was the price history through last year.
Probably many people have similar patterns. I expect people in US to search Amazon first, if it's not a very niche product they are after.
I think you can have a better monetization proposal, if instead of just search you build a sales platform, so people can directly buy after searching, without hoping to various websites.