Australian e-commerce platform Little Birdie will today launch a new browser extension it claims will show shoppers the best possible deal, while allowing small retailers to meaningfully compete against their big business rivals.
The new browser extension, available for Safari on Apple mobile devices and Chrome on desktops, generates an on-screen alert when it detects a cheaper deal than the one currently being viewed.
Online shoppers can then click the Little Birdie tab to view the cheaper deal, and graphs showing how the cost of that particular item has changed over time.
Jon Beros, CEO of Little Birdie and former Catch Group general manager, said the new tool is geared towards โintentโ shoppers, who already know what they want, compared to โdiscoveryโ shoppers, who may use existing deals websites to browse available products.
โIt gives you everything in one view, so you donโt have to trawl through hundreds of websites and open hundreds of tabs,โ Beros told SmartCompany ahead of launch.
Little Birdie officially launched in 2021, off the back of a $30 million investment from Commonwealth Bank.
Its debut on the Australian e-commerce market arrived at a high point for online shopping, as lockdown-era shopping habits collided with higher-than-average household savings rates.
But the new tool arrives as broad economic pressures slow discretionary spending.
โThereโs definitely been a huge change in the last few years for the macro-economic environment,โ Beros said.
โObviously, we had the COVID period where everything was booming online.
โIt kind of went through a bit of a normalisation, and now obviously with the economy things are getting tougher for retailers and consumers.โ
A trail run of the browser extension, covering more than 1,000 shoppers, resulted in Australians saving on items spanning washing machines to gym shoes, Beros added.
โWe think itโs a great time, when the purse strings are getting a bit tighter for consumers, to make sure that when they buy, they are getting the best prices available.โ
Little Birdie says its tool is geared towards retailers, too, offering them an โunbiasedโ way to reach customers on retail price performance alone.
Beros said the browser extension eschews the model used by Google, where retailers can pay for preferential ad listings when a user browses for sales.
โIt really levels the playing field for the smaller retailers out there,โ Beros said.
The system is free for shoppers to use, with Little Birdie charging a commission on sales initiated on the platform.
Little Birdie keeps its commission formula close to its chest, but Beros assured businesses it does not operate on a pay-to-play model, which could allow major competitors to โearnโ their way to the top of the rankings.
โThat commission that we charge has no effect on who is listed, who is shown, or who is prioritised,โ he said.
โSo essentially, in regards to the retailers, itโs โbest price winsโ and is ranked accordingly.โ
With its new tool, Little Birdie will compete against the likes of Checkmate, an Australian-founded startup that last year launched its own extension which automatically applies coupons and discount codes at checkout.
Beros says his companyโs offering provides โvalue every time you look at a product, even if itโs just confirming that the site youโre looking at does indeed have the best price against the competitor setโ.