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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...
4 Business Areas that Amazingly Benefit from Data Crawling

4 Business Areas that Amazingly Benefit from Data Crawling

If you have a business in 2018, you should consider ethically collecting data about your customers and your industry. Why? Because relevant data helps you see the big picture of your competitors, your customers and how your industry operates. With high-quality data, you’ll be able to make informed decisions. Decisions that will make your business more successful – and profitable – in both the short- and long- term. PC: Freepik The internet has made it easy to collect publically available, relevant data for your business. Online – you can find what customers like and don’t like, what your competitors are doing, what’s popular and trending, and what’s failing. But the internet is a vast place. Collecting data on the internet by visiting each and every website and copy-pasting your desired information manually can take hundreds, if not thousands, of years. It’s an impossible task. A solution exists in the form of a service known as data crawling or web scraping. A data crawling service scans websites on the internet to collect data that you assign it to collect. And it’s a million times faster at finding and storing this data than a human. You can use a web scraping service to collect useful data like prices, product names, customer reviews and much much more. And it’s worth noting that these data scraping services are completely legal. Since the introduction of GDPR, you can safely assume that the data scraping service you choose will be GDPR compliant. They will only collect data that’s legal and/or publically available. With that being said, let’s look at a few use cases where data...
Scraping eCommerce Websites is Your Way to Achieve Success

Scraping eCommerce Websites is Your Way to Achieve Success

The American engineer, statistician, professor, author, and management consultant W. Edwards Deming once said, “In God we trust, all others must bring data.” In today’s unprecedently complex business world where the company’s’ ability to effectively collect, analyze and use big data and information is what separates the winners from the runners-up, these words have become more actual than ever. Data is the new currency and is the most valuable asset in any industry, from the Internet of Things to brick-and-mortar businesses. The online area is full of important and useful information, and if you know how to use it right, taking your business to new heights won’t be a difficult task. Staying up to date about all the players in the market, their products, pricing, and marketing strategies might seem a challenging task, due to the growing number of eCommerce and the massive volume of data trapped in the web pages.  Luckily, technology is always one step ahead of our needs, and today there are advanced data scraping services that deliver you rich insights about your market and help you create an effective, data-driven strategy for your business. While many online businesses still don’t pay much attention to the ever-changing market trends and competitor strategies, failing to get data management right is a big mistake. Scraping eCommerce websites for valuable data and monitoring where your competitors stand helps you stand out in your niche and gain a competitive edge for your business. As an eCommerce website, you need to know who your online counterparts are, what strengths and weaknesses they have and what you should do to keep up...
Web Scraping for Continuous Monitoring of eCommerce Websites

Web Scraping for Continuous Monitoring of eCommerce Websites

Some call it theft, others call it legitimately gathering business intelligence – and everyone is doing it. In the age of Big Data; companies realize its value in the eCommerce business. Data points like pricing, product IDs, images, product specifications, brand and many more are extremely useful for a variety of purposes, but at the same time-hard to get. Product data feeds from eCommerce sites are used to gain a competitive advantage over other suppliers. It is one of the most reliable and easiest ways to monitor your competitors and the market despite some companies trying to take steps against allowing it. The most common use cases of eCommerce product feeds are: Price comparison (comparing data from other sites and displaying the best deals) Affiliate sites ( using content to bring traffic to their site through search engine for commission) Strategy development (Web scraping can play a crucial role here by supplying the most accurate and ready to use data) Decision making (The decision is made by analyzing the data you have. Decisions like when to give discounts? How much discount? For what products? etc. can make a huge difference in generated revenue). The most common items extracted from eCommerce websites are: Product Name   Price Product Features Product Type Manufacturer & Brand Deals & Offers Product Description Company Description Customer Reviews Rank of product Let’s talk about 3 large eCommerce companies’ websites on what you can scrape from their pages and what measures are they taking to limit the number of web-harvesters. Amazon Indeed, it shouldn’t come as a surprise to anyone that Amazon is the first mention...