Ecommerce sites want to extract data from their competitor e-commerce websites to gain insights and analytics of what’s trending currently. But given a large scope of pricing and product information is often rapt inside website pages with things on the web being highly dynamic. This information keeps on varying more often than you can predict. Web Data Extraction of pricing and product information from such e-commerce websites is tremendously painful if it’s to be done manually on a customary time intervals.
And thus companies doubt whether they can fetch or extract the data they want from big players like Amazon, Flipkart, Walmart or eBay.
Below are the queries that E-commerce Businesses often have:
- Why do I often miss some information when fetching product data?
- Why does the service often collapse or breaks down when extracting data?
- How could I crawl from web portals with restrictions?
- What if the locality data is not excisable or visible?
- Can I extract the real-time information?
Softwares solutions like DataCrops can help you with future ready web data extraction platform that converts data into online business. The in-built data intelligence engine offers competitive benefits to e-commerce companies like you.
Following are the most common applications and use cases of e-commerce web data extraction:
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Web Data Extraction for Product and Pricing Informationa
This is one of the most universal use cases in E-commerce. It’s imperative to have precise product information and correctly prices products in order to get the best profit margins and the required sales on your e-commerce web or mobile portal. This needs a constant evaluation of product and pricing strategy.
The analysis of marketplace conditions, the overall consumer behavior, and product inventory are some of the initial approaches. It is greatly probable that you are presently implementing such types of product and pricing strategies by analyzing your company data. That said it is also in the same way significant to consider the product and pricing set up by the competitors for comparable products as consumers are very price sensitive in the current marketplaces.
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Web Data Extraction for Price Comparison
Price comparison websites weigh against data from other portals and present the best possible deals online. They earn their returns from the online affiliated commissions. Most precise and ready to use information are vital in setting-up a price comparison portal and its accomplishment.
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Web Data Extraction Applicable to Affiliate Websites
Like price comparison portals, affiliate websites also utilize data from other online sites. They don’t in actuality compare prices as a substitute they use the product feeds the way they are available on internet. But even they earn the trust only if the data offered is correct as well as precise.
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Web Data Extraction for Business Strategy Development
E-commerce is a very cut-throat setting. A high-quality sales and marketing development strategy is crucial to keep you healthy in the different marketplaces. Development of a competitive strategy depends a lot on information about the close competitors, their pricing and products assortments. Web extraction software solution can play a key role here by fetch the most exact and geared up to use data.
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Web Data Extraction for Decision Making
Decision-making on solution issues in e-commerce field relies on the level of data you have about your company as well as your competitors. The decision is made by working on the data you have and the data that is missing has to be fetched online.
Decisions like when to offer discounts, the amount of discount, for which products all this stuffs make a big difference in the final accomplishment of revenues. Web extraction can be helpful in offering this kind of data for accurate decision making.
Key Takeaways
If you have come this far, you already know the value of web data extraction can bring into E-commerce portals. If you are concerned about using a software solution for fetching data and information, check out the DataCrops web data extraction software solutions.
Thanks for exploring this blog post. DataCrops offers reasonably priced data extraction services. If you need assistance with your web data extraction projects let us know and we will be pleased to help your company.