Ok, it is official, a lot of things happened today. Yahoo! has finally added the incentive of revenue sharing to their API (so look out Shopping.com!). While this is a huge win for them, apparently they are not integrating the affiliate program into Yahoo! Shopping for a few months. So I will followup on how the program will work and find out what kind of payment structure they have for it.
Straight from Yahoo!

“Yahoo! is now accepting applications for a commercial version of our Shopping APIs featuring product search, price comparison, ratings & reviews, and shopping browse. The program, which is now in limited beta, is similar to an affiliate model in that it enables websites to share in income generated from providing shopping search and other services powered by Yahoo! Shopping on their sites. Whether you are building a local shopping mash-up, a next generation social commerce destination, or you simply want to integrate shopping comparison features into your content site, this program is a first major step in providing you with tools to help you generate revenue.”

Also, note that it is in beta and currently it is only “accepting a small number of applicants with special consideration given to sites with high traffic volume and fresh, unique content”.

Currently, our site SecretPrices.com utilizes the Shopping.com API as a backend. But close tabs will be kept on the Yahoo! Shopping program as it continues to evolve. The API is not only fairly well documented, but has an open developer community to back it. Shopping.com really needs to start paying attention…

[tags]Yahoo!, revenue share, comparison shopping, API, mashups[/tags]