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eBay Scraping – A Clever Way to E-commerce Success

eBay Scraping – A Clever Way to E-commerce Success

eBay is a huge eCommerce giant that specializes in resale. Being one of the oldest Internet businesses founded in 1995, eBay has been among eCommerce leaders for decades now. It executes B2B and C2C sales through its website. People and businesses from around 30 countries use the eBay platform to sell their goods either directly or via auctions.  In May 2019, eBay has topped the list of top 10 resale sites based on search data. The list was created by analyzing more than 80 million websites. After almost 25 years, eBay still dominates the eCommerce resale market. The great success it has is mainly attributed to its unique business plan. It allows individuals and businesses to list new or used items for auction for a pretty low price. Such an approach has helped the company grow from its very first day of operating.  Now, imagine how immensely the website has grown for these years. It now carries so much data about top-selling products, prices, different merchants, etc. Such data can be truly valuable to businesses. In this blog post, we’ll discuss why you should consider eBay data extraction for your eCommerce growth. you will learn the many ways you can use it. How eBay Scraping Can Help Your E-commerce Succeed? Let’s start from the basics. Web scraping helps eCommerce businesses grow and achieve success in the eBay market. Considering that eBay is a huge eCommerce website that has many stores within, the amount of data it carries is tremendous. So getting data from eBay only would provide you with enough information for analysis and decision-making. Let’s consider the most...
How Price Optimization Benefits Retail Businesses

How Price Optimization Benefits Retail Businesses

Setting competitive pricing has become a major challenge for businesses. In the era of massive competition, it’s hard to come up with a price that will be effective both from the profit-making perspective and satisfactory for customers. That’s where price optimization comes into the game. Price optimization uses mathematical analysis to determine how customers would respond to different prices via different channels, as well as the price that would maximize the operating profit of the company. It’s not about price monitoring, but rather, it’s the process of using data to make analysis and determine the price based on the willingness to pay (WTP) of customers. Price Wars in E-commerce Nowadays, customers can easily go online and compare the prices of similar products with the help of search engines and online catalogs. So the tough competition definitely plays a major role in the process of setting a competitive price. Besides competition, retailers need to pay attention to factors such as product costs, distribution costs, and market positioning. All of the challenges for price setting bring to a situation called price war. A price war is a hard time for retailers. During the times of severe competition, companies start lowering prices to undercut competitors and find themselves in price wars. The purpose is to attract as many customers as possible to win the biggest market share. With the rise of the internet, it seemed that the price wars would diminish. However, managers have a different view of what’s happening. Price changes are seen as an easy, quick and reversible actions. In reality software, different tools, artificial intelligence, and big data offer...
What Exactly Can You Get From Amazon Data Scraping

What Exactly Can You Get From Amazon Data Scraping

Back in 1995, the world’s leading online retail store was launched. Amazon started as an online book selling store, however, from the very beginning, it’s founders knew that they want to create a huge online empire. The company went from being a store selling books to a huge online retailer in just several years. Today, when consumers are ready to buy a specific product, nearly 74% of them go straight to Amazon to do it. By the end of this year, Amazon is expected to account for more than 52% of the e-commerce market in the US. In 2018, the retailer accounted for 48% of the market. This information must sound threatening to other retailers in the country. Shoppers increasingly feel more comfortable buying online from their laptops or smartphones. Although there are other big retailers in the US, such as Macy’s, Target, or Walmart, these companies are lagging behind the retail giant Amazon, when it comes to online retailing. These companies are currently trying to grow their business online but they can hardly compete with Amazon. Unfortunately, to its competitors, Amazon has become integrated into its consumers’ daily life. Today, a lot of shoppers start their search on the internet on Amazon, skipping search engines like Google or Yahoo. The loyal base of paying Prime members is priceless to Amazon, as they are the key to the retailer’s huge success. Last year, the number of customers having a prime membership surpassed more than 100 million people. So Why Would You Need Amazon Scraping? As a retailer, you can imagine how much valuable information and data Amazon carries: products,...
Scraping Prices From Websites: Top 5 Amazing Benefits

Scraping Prices From Websites: Top 5 Amazing Benefits

In this era of technology, times are changing. People want to be their own bosses and be in charge of their own future. The online platform opens up huge opportunities for this. Starting an e-commerce business has become more accessible than ever before. And people are taking advantage of this. Each year the e-commerce industry grows at an unbelievable speed. The online stores face severe competition not only in popular product markets but also in niche markets. That’s why more and more entrepreneurs turn to fresh idea generation to boost their competitiveness in a rapidly expanding market. However, it can be difficult to figure out how to start an e-commerce. You need to have a certain plan and strategy, in order to start a competitive business. Considering the amount of information available, it can be pretty hard to analyze all the data and create a plan of action. This is why data harvesting and web scraping services are crucial for the successful launch and operation of your business. There are quite a few benefits for web crawling and specifically price scraping. Why Pricing Strategy Matters Creating a strategic pricing strategy will increase profits and put your company in a more competitive position. Strategic pricing is all about establishing the company’s price levels, understanding its competitive edge and value creation. In general, strategic pricing combines the best pricing strategies that will compliment your overall business strategy and the industry in which you operate. And of course, determining a good pricing strategy is also a practical decision, as your business can’t succeed if you don’t earn enough to cover costs. See...
Brick-and-Mortar in 2019: Price Scraping Helps

Brick-and-Mortar in 2019: Price Scraping Helps

Whether as a brick-and-mortar store or as an online Shopify store – if you run a business that sells products, you need data. This is especially true if you run a brick-and-mortar store. You won’t be able to get ahead from your competitors if you do not have an online presence and don’t collect data that’s on the internet. In the 21st century, data is your biggest weapon that will make your business successful. The internet is a data gold mine which can give you the information you need to make smart business decisions. Using data scraping services, you can find out: What are the best products to stock in your store The ideal price points for your products What potential customers are demanding from stores like yours. In addition, regular data crawling and price scraping will help you identify important trends in your market. In this article, we’ll show you exactly how price and product scraping, through web scraping, will help your brick-and-mortar (or online store) succeed. 1. Know The Difference Anticipating and reacting to your competitors is the only way to get ahead of them. The reason this is important is that you and many others are competing in the same market, going after the same customers. And without outsmarting your competitors, you risk losing customers. So, what can you do? With a web crawling service, you can scrape websites online and get information on what your competitors are doing. You can find out what products they are stocking, how much are they charging for each individual product, what discounts they’re giving and more… With this data...