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British prices plunge

12 December 2008 - 16:44
Celia.Dixon

 


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BRITISH PRICES PLUNGE

 

Brits Benefit From Deflation, finds International Price Comparison Study

 

DATE: 10th December 2008: Plunging prices on essential and luxury items means that Britain has fallen from being the second to the seventh most expensive country to live and shop in the world.

 

Now in its sixth year, the International Price Comparison study from PriceRunner.co.uk, the impartial price comparison service, tracks the prices of basic foods such as milk and coffee, popular consumer gadgets and travel and entertainment goods like petrol, bus tickets and DVDs. Carried out in 23 countries, it shows that Britain is now cheaper than France (3), Ireland (4) and Denmark (2).  Norway is revealed as the world’s most expensive country for the second year running and as in 2007, China is the cheapest country overall.

Five most expensive countries 2007

Five most expensive countries 2008

Norway

Norway

England

Denmark

Sweden

France

France

Ireland

Denmark

Sweden

 

 

 

 

 

 

 

 

Five cheapest countries 2007

Five cheapest countries 2008

China

China

Lithuania

Hungary

Poland

Lithuania

Portugal

USA

Hungary

Portugal

 

 

 

 

 

 

 

*please see notes to editors for full country listings

 

Prices on essentials such as condoms and nappies have fallen in the UK. In 2007, a box of 12 Durex condoms would have set you back £7.57 but in 2008 only cost £6.89, a drop of nine percent. The price of nappies fell by almost five per cent (£5.66 to £5.40). 

 

It is good news for British gamers too, as the study found that games consoles have dropped in price the most. An Xbox 360 has decreased by almost 60% (£100) in the period October 2007 – October 2008 in the UK, suggesting that if you didn’t get one for Christmas last year, you might stand a good chance if you add it to your Christmas list for 08. Playstation 3s and Nintendo Wiis have also fallen in price, 16.7% and seven per cent respectively.

 

A bottle of Absolut Vodka 70cl will set you back a staggering £24.32 in Norway compared to just £5.36 in China, a difference of 78%.  Visitors to Norway are also advised to avoid soft drinks, cigarettes and fast food, with Norway topping the poll on a sixth of the 24 items researched and coming close to the top of the list for most of the others.

 

Peter Carlsson, General Manager, PriceRunner.co.uk, said: “For the first time in the study’s history Britain was not the most expensive for any product. Whilst we still pay more than many countries on the majority of items, it is good to see that prices in Britain are starting to fall on both essentials and luxuries. With the recent VAT cuts that come into effect this week, hopefully we can continue to become a more competitively priced place to live and shop.”

 

 

 

Impact of VAT cuts

 

After Chancellor Alisdair Darling’s announcement dropping VAT from 17.5% to 15%, it’s even better news for British shoppers looking for a bargain.  High ticket items bring you the biggest savings, for example, a new Macbook Air would set you back £1,199 with 17.5% VAT but could drop an estimated £25.51 under the new budget. Even lower priced products such as a Canon Powershot digital camera can bring noticeable savings with the camera costing an estimated £8.28 less under the new budget.

 

 

Anticipated cost savings from high street retailers

 

Product 17.5% VAT 15% VAT Cost saving
Laptop, Macbook Air

£1,199

£1173.49

£25.51

LCD-TV, Samsung LE40A656

£1016

£994.38

 

£21.62

Digital Camera, Canon Powershot G9 

 

      £389.33

 

      £381.05

 

£8.28

Sony Playstation 3 80GB  

     £299.99

 

    £293.60

 

£6.39

 

 

Christmas gadget bargains!

 

With Christmas just a few weeks away, trips to the US could prove particularly fruitful if you’re planning on grabbing the latest gadgets.  A Canon Powershot G9 digital camera is cheapest in the US, costing just £270, however the same camera in Denmark will set you back a bank-breaking £422.40, and a whopping £389.33 in the UK, 30.7% more than the US.

 

Mp3 players are also cheapest in America, with a 16GB iPod touch costing just £173.07 compared to a jaw dropping £235.94 in Lithuania, a sizeable difference of 26.6%.  The study also advises consumers to avoid Lithuania for games consoles as you risk paying up to 63.5% more, a Nintento Wii will set you back nearly £400 (£396.83) compared to just £144.70 in the Big Apple. The study found that overall the price of games consoles globally seems to have plummeted in the last 12 months.

 

Other key findings

 

  • For the first time since the study started the UK is not the most expensive country for cinema tickets at £9.16, falling to third place behind Japan (£10.00) and Denmark (£9.18). Lithuania is top of the flicks, a ticket will set you back just £3.15
  • Public transport has remained steady with no change on 2007 prices for bus travel reported in the U.K.
  • The price of cigarettes continues to rise in the U.K. with 20 Marlboro Lights now costing £5.56, up from £5.33 last year. Smokers are best avoiding Norway, where a pack of 20 will cost you an eye watering £6.48, an unbelievable 86.9% more than Shanghai, where 20 cigarettes cost just £0.85
  • The price of milk in the UK has risen steadily up from £0.76 in 2007 to £0.88 in 2008.  Tokyo is the most expensive place in the world to purchase milk at £1.38, compared to the Czech Republic where a pint costs just £0.43
  • Vodka has dramatically risen in price in the UK, up 19% from 2007 (£12.16) to £14.99 in 2008.  In Shanghai a bottle costs just £5.36
  • Big Macs don’t change much where ever in the World you eat them but the price does!  There is a 68% difference between bargain Shanghai (£1.06) and pricey Norway (£3.27), while the price of the popular burger is £2.09 in the UK, up from £1.99 in 2007
  • Parents have had an easier ride in the UK this year with the price of nappies falling from £5.66 (2007) to £5.40 (2008).  Parents are hit hardest in Italy, with a pack of 28 Pampers Nappies costing you £7.17 compared to just £4.38 in Greece
  • Don’t go to Iceland for gadgets – the study unveils Iceland as the most costly place to buy luxury items such as games consoles, with an Xbox costing a whopping £284.84 compared to £154.20 in Belgium, 45.9% more. Iceland, fell in the middle of the global price index as the 13th most expensive country overall.

 

Overall country ranking 2008

Ranking Most Expensive

1

Oslo, Norway

2

Copenhagen, Denmark

3

Paris, France

4

Dublin, Ireland

5

Stockholm, Sweden

6

Helsinki, Finland

7

London, England

8

Amsterdam, Netherlands

9

Vienna, Austria

10

Madrid, Spain

11

Rome, Italy

12

Brussels, Belgium

13

Reykjavik, Iceland

14

Tokyo, Japan

15

Berlin, Germany

16

Athens, Greece

17

Prague, Czech

18

Warsaw, Poland

19

Lisbon, Portugal

20

New York, USA

21

San Francisco, USA

22

Vilnius, Lithuania

23

Budapest, Hungary

24

Shanghai, China
  Cheapest

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

Key Product Comparison UK

 

 

2003

2004

2005

2006

2007

2008

1 litre of petrol

£0.78

£0.84

£0.95

£0.95

£0.98

£1.11

1 litre of standard
milk (3% fat)

N/A

£0.53

£0.62

£0.64

£0.76

£0.88

Absolut Vodka, 700ml

£13.82

£17.49

£18.75

£14.49

£12.16

£14.99

Cinema ticket for one
adult on a Sat evening

N/A

£9.93

£8.53

£8.83

£8.90

£9.17

Coca Cola, 33 cl can

£0.92

£0.85

N/A

£0.43

£0.39

£0.43

Coffee, 33 cl, take away,
size small

N/A

£1.28

£1.42

£1.49

£1.50

£1.57

Condoms: Durex Elite,
12 pack

£9.31

£8.99

£8.99

£7.95

£7.57

£6.89

Marlboro Lights,
package of 20 cigarettes

£4.95

£4.93

£5.03

£5.10

£5.33

£5.56

McDonald’s Big Mac
burger only

N/A

£1.30

£1.99

£1.99

£1.99

£2.09

One way adult bus
ticket in one city zone

£1.00

£1.00

£1.20

£1.50

£2.00

£2.00

 

 

 

                          

 

 

 

For further information please contact:

 

Text 100

Dan Gamble                                                           Sam Lehane                      

T: 0208 846 0761                                                    T: 0208 846 0708                                               

E: dan.gamble@text100.co.uk                       E: sam.lehane@text100.co.uk   

 

About the study

Where possible, three prices were collected for each product and the mean average was used as the country’s price for the product.  No less than two prices per product per country have been used, with the exception of those products where prices are standardized, e.g. alcohol in Sweden or McDonalds.  Prices, in most cases were collected from multiple-outlet retailer stores, to ensure that they are as closely representative of each country’s typical prices as possible.

 

The prices were collected October 1st to 21st, 2008

 

About PriceRunner

www.PriceRunner.co.uk, a division of ValueClick, Inc. (Nasdaq: VCLK), is the UK’s most comprehensive and independent price comparison company. Online prices are updated on a daily basis by a specialist team that develops and manages cutting edge technology which hunts down the cheapest online prices available. PriceRunner is unique in that, unlike other price comparison sites, a dedicated team of PriceRunners also checks prices in high street stores. PriceRunner always lists the cheapest price first and is completely independent in that it lists all retailers, regardless whether they pay or not, to provide consumers with a complete overview of the market.

 

About ValueClick, Inc.

ValueClick, Inc. (Nasdaq: VCLK) is one of the world’s largest online marketing services companies, offering comprehensive and scalable solutions to deliver cost-effective customer acquisition for advertisers and robust revenue streams for publishers. ValueClick’s performance-based solutions allow customers to reach their potential through multiple online marketing channels, including affiliate and search marketing, display advertising, lead generation, ad serving and email technology, and comparison shopping. ValueClick brands include Commission Junction, ValueClick Media, Mediaplex, PriceRunner and Smarter.com. For more information, visit www.valueclick.com.

This release contains forward-looking statements that involve risks and uncertainties, including, but not limited to, the risk that market demand for on-line advertising in general, and performance based on-line advertising in particular, will not grow as rapidly as predicted, and the risk that legislation and governmental regulation could negatively impact the Company’s performance. Actual results may differ materially from the results predicted, and reported results should not be considered an indication of future performance. Important factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements are detailed under “Risk Factors” and elsewhere in filings with the Securities and Exchange Commission made from time to time by ValueClick, including, but not limited to: its annual report on Form 10-K filed on February 29, 2008; recent quarterly reports on Form 10-Q; and other current reports on Form 8-K. ValueClick undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

 

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Ireland fourth most expensive country in the World

11 December 2008 - 17:07
Celia.Dixon

 

Ireland is one of the most expensive countries to live and shop, finds International Price Comparison Study

EMBARGOED: 10th December 2008: Ireland is becoming a more expensive place to live and shop. Despite the prices of many consumer items falling in the last year, a global study has found that Ireland has gone from the sixth most expensive place in the world in 2007 to the fourth in 2008.

Now in its sixth year, the International Price Comparison study from PriceRunner.co.uk, the impartial price comparison service, tracks the prices of basic foods such as milk and coffee, popular consumer gadgets and travel and entertainment goods like petrol, bus tickets and DVDs. Carried out in 23 countries, it shows that Ireland is now more expensive than Sweden (5), Finland (6) and England (7). Norway is revealed as the world’s most expensive country for the second year running and China remains the cheapest country overall.

Five most expensive countries 2007 Five most expensive countries 2008
Norway Norway
England Denmark
Sweden France
France Ireland
Denmark Sweden
Five cheapest countries 2007 Five cheapest countries 2008
China China
Lithuania Hungary
Poland Lithuania
Portugal USA
Hungary Portugal

*please see notes to editors for full country listings

Prices on essentials such as condoms and nappies have fallen in Ireland but not as much as the rest of the world. Ireland is officially the most expensive place to have sex, with condoms costing more in Ireland than anywhere else. A packet of 12 Durex will set you back a whopping €11.04 compared to just €7.93 in the UK, nappies also cost more than the UK with an average pack costing €7.82 in Ireland compared to €6.22. The study also reveals that a litre of milk has increased in price, rising from €0.81 in 2007 to €0.87 this year.

There’s good news however for Irish gamers, a Nintendo Wii now costs €221.00, down from €269.96 in 2007. A PS3 has also become more affordable at €355.93, down by €147.39 from last year, suggesting that if you didn’t get one for Christmas in 2007, you might stand a good chance if you add it to your Christmas list for 2008.

Norway remains the most expensive place in the world for a bottle of Absolut Vodka 70cl. It will set you back a staggering €28.06 in Norway compared to just €6.17 in China, a difference of 78%. A bottle of Absolut will cost you on average €20.46 on the Emerald Isle. Visitors to Norway are also advised to avoid soft drinks, cigarettes and fast food, with Norway topping the poll on a sixth of the 24 items researched and coming close to the top of the list for most of the others.

Peter Carlsson, General Manager, PriceRunner.co.uk, said: “Whilst Ireland’s individual prices have decreased, overall it has become more expensive than in 2007. With the recently announced increase in VAT to 21.5% on certain goods, the Irish are being squeezed further, Ireland looks set to stay an expensive place to live and shop.”

Christmas gadget bargains!

With Christmas just a few weeks away, trips to the US could prove particularly fruitful if you’re planning on grabbing the latest gadgets. A Canon Powershot G9 digital camera is cheapest in the US, costing just €311.13, however the same camera in Denmark will set you back a bank-breaking €487.70, and a whopping €448.785 in the UK, 30.7% more than the US.

Mp3 players are also cheapest in America, with a 16GB iPod touch costing just €199.20 compared to a jaw dropping €272.18 in Lithuania, a sizeable difference of 26.6%. The study also advises consumers to avoid Lithuania for games consoles as you risk paying up to 63.5% more, a Nintento Wii will set you back € 458.41 compared to just €166.71 in the Big Apple. The study found that overall the price of games consoles globally seems to have plummeted in the last 12 months.

Other key findings

  • Ireland comes in at €8.22 for a cinema ticket in 2008 compared to €9.50 in 2007. Lithuania is top of the flicks, a ticket will set you back just €3.63
  • Public transport has remained reasonably steady in Ireland with a slight decrease from €1.00 in 2007 to €0.93 in 2008
  • The price of cigarettes has fallen in Ireland with 20 Marlboro Lights now costing €6.72, down from €7.05 last year. Smokers are best avoiding Norway, where a pack of 20 will cost you €7.48, an unbelievable 86.9% more than Shanghai, where 20 cigarettes cost just €0.98
  • The price of milk in Ireland has risen steadily up from €0.81 in 2007 to €0.87 in 2008. Tokyo is the most expensive place in the world to purchase milk at €1.59, compared to the Czech Republic where a pint costs just €0.49
  • Vodka has decreased in price in Ireland, from 2007 (€22.08) to €20.46 in 2008. In Shanghai a bottle costs just €6.17
  • Big Macs don’t change much where ever in the World you eat them but the price does! There is a 68% difference between bargain Shanghai (€1.22) and pricey Norway (€3.78), while the price of the popular burger is €3.30 in Ireland, down from €3.40 in 2007
  • Parents have had an easier ride in Ireland this year with the price of nappies falling from €9.79 (2007) to €7.79 (2008). Parents are hit hardest in Italy, with a pack of 28 Pampers Nappies costing you €8.28 compared to just €5.05 in Greece
  • Don’t go to Iceland for gadgets – the study unveils Iceland as the most costly place to buy luxury items such as games consoles, with an Xbox costing a whopping €329.01 compared to €177.65 in Belgium, 45.9% more. Iceland, fell in the middle of the global price index as the 13th most expensive country overall

About The Study

Below is the international ranking list for 2008, providing the most expensive and cheapest price for each product.

Category Product City with lowest price Lowest average price Highest average price City with highest price Percentage
Petrol 1 litre Petrol Shanghai € 0.58 € 1.45 France

-59.52%

Milk 1 litre standard milk (3% fat) Czech Republic € 0.49 € 1.59 Tokyo

-68.84%

Vodka Absolute Vodka 70cl Shanghai € 6.17 € 28.06 Norway

-77.96%

Mp3 iPod Touch 16GB New York € 199.20 € 272.18 Lithuania

-26.65%

Digital camera Canon Powershot G9 San Francisco € 311.13 € 487.70 Denmark

-36.01%

Cinema ticket Cinema ticket for one adult on a Saturday evening. Lithuania € 3.63 € 11.55 Tokyo

-68.50%

Coca cola Coca Cola, 33 cl can Shanghai € 0.21 € 1.84 Norway

-86.96%

Coffee Coffee, 33 cl, take away, size small Portugal € 0.53 € 3.20 Shanghai

-80.83%

Condoms Condoms: Durex Elite, 12 pack Shanghai € 4.12 € 11.04 Ireland

-62.55%

DVD film Blu-ray: No Country for Old Men Shanghai € 7.91 € 28.53 Tokyo

-72.19%

Cigarettes Marlboro Lights, package of 20 cigarettes Shanghai € 0.98 € 7.48 Norway

-86.88%

Big Mac Mc Donald’s Big Mac burger only Shanghai € 1.22 € 3.78 Norway

-67.58%

Game console Microsoft Xbox 360 Premium (60GB) Belgium € 177.65 € 329.01 Iceland

-45.86%

Nappies Nappies: Pampers, New Baby, size Midi, 4-7 kgs, package of 28 Greece € 5.05 € 8.28 Italy

-38.91%

Game console Nintendo WII New York € 166.71 € 458.41 Lithuania

-63.54%

Mobile phone HTC Touch Diamond Hungary € 408.34 € 536.14 France

-23.64%

Bus ticket One way adult bus ticket in one city zone Shanghai € 0.20 € 2.65 Sweden

-92.58%

Flatscreen TV Samsung L40A656 Poland € 826.61 € 2095.36 Iceland

-60.41%

Lego 7620 Indiana Jones Motorcycle Chase Portugal € 7.88 € 17.56 Poland

-54.97%

Book The Kite Runner by Khaled Hosseini Tokyo € 11.98 € 23.17 Austria

-48.15%

Game console Sony Playstation 3 (80 GB) Tokyo € 265.89 € 468.99 Iceland

-43.12%

Laptop Macbook Air (Standard 1.6g gHz, 80GB Parallel ATA) San Francisco € 1111.71 € 1684.99 Czech Republic

-33.82%

Tampons Tampons: O.B. Pro Comfort, 16 pack Germany € 1.71 € 4.21 Spain

-59.34%

GPS Garmin Forerunner 405 San Francisco € 200.02 € 341.19 Czech Republic

-41.21%

Shoes Adidas Stan Smith 2 San Francisco € 41.16 € 96.07 Denmark

-57.04%

Table comparing Ireland pricing information 2007 and 2008

Product Total for 2008 Total for 2007 Difference % increase year on year
Petrol 1 litre Petrol

€ 1.09

€ 1.14

€ -0.05 -5%
Food & Drink 1 litre standard milk (3% fat)

€ 0.87

€ 0.81

€ 0.06 7%
Food & Drink Mc Donald’s Big Mac burger only

€ 3.30

€ 3.40

€ -0.10 -3%
Nappies Nappies: Pampers, New Baby, size Midi, 4-7 kgs, package of 28

€ 7.79

€ 9.79

€ -2.00 -26%
Travel One way adult bus ticket in one city zone

€ 0.93

€ 1.00

€ -0.07 -8%
Food & Drink Coca Cola, 33 cl can

€ 0.92

€ 0.94

€ -0.02 -2%
Food & Drink Coffee, 33 cl, take away, size small

€ 2.35

€ 2.72

€ -0.37 -16%
Condoms Condoms: Durex Elite, 12 pack

€ 11.04

€ 12.95

€ -1.91 -17%
Entertainment Casino Royale, widescreen DVD version / Blu-ray: No country for old men

€ 23.15

€ 12.63

€ 10.52 45%
LCD-TV LG BH100 / Samsung LE40A656

€ 1187.05

N/A

N/A N/A
MP3 Apple iPod Classic 80 GB Black / iPod Touch 16GB

€ 248.4

€ 251.48

€ -3.08 -1%
Digital Camera Canon Digital IXUS 850 IS Silver / Canon Powershot G9

N/A

€ 439.33

N/A N/A
Entertainment Cinema ticket for one adult on a Saturday evening.

€ 8.22

€ 9.50

€ -1.28 -16%
Games Console Microsoft Xbox 360 Premium (20GB)

€ 453.32

€ 373

€ 80.32 18%
Games Console Nintendo WII

€ 221

€ 269.96

€ -48.96 -22%
Games Console Sony Playstation 3 (60 GB) / (80 GB)

€ 355.93

€ 503.32

€ -147.39 -41%
GPS TomTom One / Garmin Forerunner 405

€ 266.06

€ 265.81

€ 0.25 0%
Mobile phone Nokia N95 / HTC Touch Diamond

€ 479.57

€ 699.33

€ -219.76 -46%
Laptop Sony Vaio VGN-AR41L / Macbook Air (standard 1.6 gHz, 80GB Parallel ATA)

€ 1506.25

€ 1649.99

€ -143.74 -10%
Clothing Shoes: Adidas Stan Smith 2

€ 68.96

N/A N/A N/A
Entertainment Book The Kite Runner by Khaled Hosseini

€ 20.42

N/A N/A N/A
Alcohol Absolut Vodka, 700 ml

€ 20.46

€ 22.08

€ -1.62

-8%

Cigarettes Marlboro Lights, package of 20 cigarettes

€ 6.72

€ 7.05

€ -0.33

-5%

Overall country ranking 2008

Ranking Most Expensive
1 Oslo, Norway
2 Copenhagen, Denmark
3 Paris, France
4 Dublin, Ireland
5 Stockholm, Sweden
6 Helsinki, Finland
7 London, England
8 Amsterdam, Netherlands
9 Vienna, Austria
10 Madrid, Spain
11 Rome, Italy
12 Brussels, Belgium
13 Reykjavik, Iceland
14 Tokyo, Japan
15 Berlin, Germany
16 Athens, Greece
17 Prague, Czech
18 Warsaw, Poland
19 Lisbon, Portugal
20 New York, USA
21 San Francisco, USA
22 Vilinus, Lithuania
23 Budapest, Hungary
24 Shanghai, China
Cheapest

Key Product Comparison Ireland

2007 2008
1 litre of petrol € 1.14 € 1.09
Absolut Vodka, 700ml € 22.08 € 20.46
Condoms: Durex Elite, 12 pack € 12.95 € 11.04
Coca Cola, 33 cl can € 0.94 € 0.92
Marlboro Lights, package of 20 cigarettes € 7.05 € 6.72

For further information please contact:

Text 100
Dan Gamble
T: 0208 846 0761
E:dan.gamble@text100.co.uk
Sam Lehane
T: 0208 846 0708
E:sam.lehane@text100.co.uk

About the study

Where possible, three prices were collected for each product and the mean average was used as the country’s price for the product. No less than two prices per product per country have been used, with the exception of those products where prices are standardized, e.g. alcohol in Sweden or McDonalds. Prices, in most cases were collected from multiple-outlet retailer stores, to ensure that they are as closely representative of each country’s typical prices as possible.

Exchanges rates were taken from www.xe.com

Live rates at 2008.12.05 10:36:44 UTC

1.00 GBP
United Kingdom Pounds
1 GBP=1.14809 EUR
= 1.14809 EUR
Euro
1 EUR=0.871015 GBP

The prices were collected October 1st to 21st, 2008

About PriceRunner

www.PriceRunner.co.uk, a division of ValueClick, Inc. (Nasdaq: VCLK), is the UK’s most comprehensive and independent price comparison company. Online prices are updated on a daily basis by a specialist team that develops and manages cutting edge technology which hunts down the cheapest online prices available. PriceRunner is unique in that, unlike other price comparison sites, a dedicated team of PriceRunners also checks prices in high street stores. PriceRunner always lists the cheapest price first and is completely independent in that it lists all retailers, regardless whether they pay or not, to provide consumers with a complete overview of the market.

About ValueClick, Inc.

ValueClick, Inc. (Nasdaq: VCLK) is one of the world’s largest online marketing services companies, offering comprehensive and scalable solutions to deliver cost-effective customer acquisition for advertisers and robust revenue streams for publishers. ValueClick’s performance-based solutions allow customers to reach their potential through multiple online marketing channels, including affiliate and search marketing, display advertising, lead generation, ad serving and email technology, and comparison shopping. ValueClick brands include Commission Junction, ValueClick Media, Mediaplex, PriceRunner and Smarter.com. For more information, visit www.valueclick.com.

This release contains forward-looking statements that involve risks and uncertainties, including, but not limited to, the risk that market demand for on-line advertising in general, and performance based on-line advertising in particular, will not grow as rapidly as predicted, and the risk that legislation and governmental regulation could negatively impact the Company’s performance. Actual results may differ materially from the results predicted, and reported results should not be considered an indication of future performance. Important factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements are detailed under “Risk Factors” and elsewhere in filings with the Securities and Exchange Commission made from time to time by ValueClick, including, but not limited to: its annual report on Form 10-K filed on February 29, 2008; recent quarterly reports on Form 10-Q; and other current reports on Form 8-K. ValueClick undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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PRICERUNNER APPOINTS EUROPEAN LEADER

08 December 2008 - 9:10
Celia.Dixon

 

PriceRunner.co.uk is today announcing its decision to bring together its European teams under one leader. Formally, Company Manager for PriceRunner Sweden, Peter Carlsson has now been appointed as General Manager for the impartial price comparison site.

Carlsson has held commercial and general management roles for PriceRunner since 2004, when he first joined PriceRunner Sweden as European Sales Director. In 2005, Peter was then promoted to Country Manager for the Nordic region for ValueClick, where he has been responsible for the overseeing of the Nordic operations for PriceRunner, Commission Junction and ValueClick Media.

In his post in Sweden, Carlsson has been vital in the successful implementation of Commission Junction and ValueClick Media divisions in the Nordic regions; Sweden and Denmark. All three businesses, namely PriceRunner, have developed considerably over the last three years and have almost doubled in revenue as a result.

Carl White, CEO, ValueClick Europe, comments, “The timing is now right to bring the European teams together under one leader. This will help us to focus and co-ordinate our commercial and marketing activities right across Europe. Peter has earned great respect from all the country teams so this is a natural progression to take PriceRunner forward as a whole, and we will particularly benefit from his expert knowledge in the UK.”

Talking about his appointment, Carlsson comments, “Both in UK and Sweden we have worked hard to develop the sites by listening to our consumers, constantly adding in new categories according to public interest. I’m looking forward to leveraging on what we do best in each the respective country and together with our UK team take PriceRunner to the same market leader position we have in Sweden. PriceRunner has carved a distinctive position amongst consumers for always finding the lowest price irrespective of commercial influences.”

Mattias Berg leaves PriceRunner this month to move onto new ventures. White comments, “We wish Mattias all the best in the future and thank him for his successes in this time at PriceRunner.”

END

Contact Details

Celia Dixon
UK PR Executive
Tel: +44 (0)20 8785 5849
Email: cdixon@valueclick.com

About ValueClick
ValueClick, Inc. (Nasdaq: VCLK) is one of the world’s largest integrated online marketing companies, offering comprehensive and scalable solutions to deliver cost-effective customer acquisition for advertisers and significant revenue for publishers. Through its individual brands, ValueClick’s performance-based solutions allow advertisers and publishers to reach their potential through all online marketing channels. UK brand offerings include:

  • ValueClick Media – global online advertising network and ad sales for advertisers and publishers
  • Commission Junction – world’s largest affiliate marketing network
  • PriceRunner – the UK’s most comprehensive and impartial price comparison service
  • Mediaplex – intelligent technology for digital marketing, including adserving, email marketing, tracking and paid search bid management.

For more information, please visit www.valueclick.co.uk.
This release contains forward-looking statements that involve risks and uncertainties, including, but not limited to, the risk that market demand for on-line advertising in general, and performance based on-line advertising in particular, will not grow as rapidly as predicted, and the risk that legislation and governmental regulation could negatively impact the Company’s performance. Actual results may differ materially from the results predicted, and reported results should not be considered an indication of future performance. Important factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements are detailed under “Risk Factors” and elsewhere in filings with the Securities and Exchange Commission made from time to time by ValueClick, including, but not limited to: its annual report on Form 10-K filed on February 29, 2008; recent quarterly reports on Form 10-Q; and other current reports on Form 8-K. ValueClick undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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Save Money and the Environment this Energy Savings Week

20 October 2008 - 10:26
Celia.Dixon

 

LONDON: OCTOBER 20TH:

In the midst of one of the worst financial crises we have ever experienced, and with energy bills up 38% this year alone*, it’s time to make some changes. It’s easier than you think to improve your bank balance, and help the environment, by simply taking a look at some of the electrical goods that you have in your own home…and there’s no better time to do it!

Energy Savings Week, October 20th – 26th, is a great opportunity to take a look at your home energy outgoings to see where you can cut costs and do your bit for the environment.

PriceRunner.co.uk has found ten items that can help save you money. In addition, you can also make savings by following these simple energy saving tips:

  • Turning your thermostat down by 1ºC could cut your heating bills by up to 10% and save you around £40 per year
  • Washing your clothes on a lower temperature, at 30ºC instead of higher temperatures means that you can use around 40% less electricity
  • Only boil as much water as you need (but remember to cover the element if you’re using an electric kettle)

Mattias Berg, PriceRunner.co.uk, managing director, said: “There are lots of products on the market that reduce the amount of energy that you use, slashing your energy bills and outgoings. My advice is to look for energy saving alternatives when replacing your electrical items and remember to follow practical tips to help yourself and the environment.”

2008 TOP 10 energy saving products from PriceRunner.co.uk

Servis M6755BL Black washing machine – £314.99 including delivery from electrical123.com. A stunning washing machine with A+ energy efficiency and wash options including eco-wash, extra rinse and easy iron.

Solar white/multi lights in pack of 4
 – £14.91 including delivery from Amazon.co.uk
Smart solar powered lights with LED technology, that enables them to be switched from a white light to a colour changing mode.

OneClick DSK105 energy saving plug adapter
 - £16.99 including delivery from digitechelectronics.com
This energy saving beauty is an adapter with a difference. Simply plug your PC into the clever adapter socket and when you switch it off or put it on standby, the power will be shut down to the PC USB extensions as well, saving you time and energy without minimal effort.

9 watt smooth dimmable energy saving candle light bulb
 - £7.99 including delivery from Amazon.co.uk. These are the World’s first smooth dimming energy saving light bulbs, compatible with most dimmer devices and are completely flicker free.

Matsui MS2W White dish washer
 - £169.95 including delivery from Dixons.co.uk. This super efficient slimline dishwasher has seven preset wash programs and comes with a B Class Energy score rating

Bosch BSG71266GB pro energy saving cylinder vacuum cleaner
 - £124.89 including delivery from Amazon.co.uk
This vacuum cleaner uses 50% less energy than a similar 2400W model without compromising on performance.

LG 19LS4D black 19″ digital LCD TV
 - £179.95 including delivery from Currys.co.uk. This good looking TV proves that you can get style at an affordable price without making the environment pay!

Hotpoint RF175BP white fridge freezer
 - £248.89 including delivery from laskys.com. This freestanding eco friendly fridge freezer comes with an A+ energy efficiency score, ensuring that you don’t pay any more than you need to when keeping your food cool.

The SONIC Mobile phone solar chargert bulb
 - £20.99 including delivery from Amazon.co.uk
This nifty devise is the fastest charging solar powered adapter available on the market! Suitable for mobile phones, MP3 players, portable game players and more.

Eco Kettle
 - £35.90 including delivery from Amazon.co.uk
This clever kettle has a special reservoir so that it can hold its full capacity of water, but it also has a special chamber that measures out how much water you want to boil – from one cup to many. Saving energy as you are only boiling what you need. The kettle that thinks!

*source, Which? October 17th 2008

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BeatThatQuote.com goes shopping with Pricerunner.co.uk

01 September 2008 - 14:12
Celia.Dixon

 

September 2008, London: The UK’s fastest growing price comparison web site BeatThatQuote.com today announces the launch of its new shopping comparison service in partnership with UK’s most comprehensive and impartial price comparison service, PriceRunner.co.uk.

This exclusive deal between two of the UK’s most popular price comparison sites will see BeatThatQuote.com’s new shopping channel join the site’s rapidly expanding portfolio of consumer services, including the newly launched utilities and travel channels.

Thomas Adalbert, Commercial Director at BeatThatQuote.com commented: “Pricerunner.co.uk’s shopping comparison offer is one of the most compelling on the web. By adding shopping content to our existing portfolio of services we are making BeatThatQuote.com the best place for customers to find great deals for just about anything they’re shopping for online.”

Mattias Berg, Managing Director, PriceRunner.co.uk comments, “This is an exciting partnership for us to be embarking on, BeatThatQuote.com is a clear leader in the financial comparison market and we look forward to providing their customers with the best product shopping experience, and to deliver increased sales to our merchant partners.”

BeatThatQuote.com services are used by over two million visitors a month across its entire digital footprint, making it one of the leading web sites in the UK. The shopping channel will bolster the proposition offered to consumers and will be supported by BeatThatQuote.com’s recently launched £1.7m per month through-the-line campaign, created by Leagas Delaney.

PriceRunner.co.uk is the only truly impartial price comparison site in the UK. Globally reaching 7 million unique users per month, with 3 million per month in the UK.

ENDS

Notes to Editors

About BeatThatQuote.com

BeatThatQuote.com is price comparison web site that helps people find the very best deals on a range of financial products and services that includes mortgages, credit cards, loans, home and car insurance, annuities and investments.

BeatThatQuote.com is an independent company owned by the people who work there. In April 2008 it was voted number one in the ‘Start-Ups Top 100’ new companies. In 2006 it won the Growing Business Awards ‘Young Company of the Year’ award as well as being the NatWest Startups ‘Business of the Year’ and ‘Online Business of the Year’ winner. BeatThatQuote.com also reached the national finals in the Orange National Business Awards, and the HSBC Start-Up Stars Awards.

Independent net ratings agency Nielsen Online announced in February 2008, that BeatThatQuote.com was the UK’s fastest growing web site in 2007, beating Facebook into second place. In January 2008 Comscore noted BeatThatQuote.com as one of the UK’s top 100 most visited web sites.

About PriceRunner (ValueClick, Inc.)
 PriceRunner.co.uk is owned by ValueClick, Inc., one of the world’s largest integrated online marketing companies. Through its individual brands, ValueClick offers comprehensive and scalable solutions that deliver cost-effective customer acquisition for advertisers and revenue for publishers. ValueClick provides advertisers and publishers with performance-based solutions through all online marketing channels.

Brand offerings include:
PriceRunner.co.uk – the UK’s most comprehensive and impartial price comparison website; ValueClick Media – online advertising network and ad sales for advertisers and publishers; Commission Junction – world’s largest affiliate marketing network
Mediaplex – intelligent technology for digital marketing, including adserving, email marketing and paid search bid management.

Celia Dixon
UK PR Executive, (PriceRunner.co.uk)
Tel: +44 (0)20 8785 5849
Email: cdixon@valueclick.com

For further information please contact
the BeatThatQuote.com press office:
Kirsten Smith
Tel: +44 (0)207 4675820
Email: Kirsten@gongcommunications.com

For partnership enquiries please contact:
Nadya Wawengkang
Whitelabel Partnership Manager
Tel: +44 (0)207 428 7756
Email: Nadya_@beatthatquote.com

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