What are the scenarios that we can benefit from online data scraping services?

  • 25/05/2021

Online data scraping services are widely used in all industries for a variety of advantages we have discussed in some of our preceding blogs. Here, I would like to introduce some of the common scenarios.

Competition monitoring

To control competitors' strategies, companies need to obtain new data from their competitors. This helps reveal information on pricing, advertising, social media strategy, and many more.

For example, in the e-commerce industry, online storeowners collect product information such as sellers, images, and prices from websites such as Amazon, Bestbuy, eBay, and AliExpress. In this way, they can get first-hand market information and adjust their trading strategy accordingly.

Product trend monitoring

In the business world, those who see ahead (and more accurately) are likely to win the competition. Product data allows companies to predict future market trends more accurately.

In the case of the retail industry, online fashion retailers collect detailed product information to ensure an accurate estimate of demand. With a deeper understanding of demand, there will be larger margins, inventories that move faster, and smarter supply chains, leading to higher revenues in the end.

MAP compliance monitoring

MAP compliance is a method for manufacturers to monitor retailers. In the retail and manufacturing industries, manufacturers need to monitor retailers and make sure they meet the lowest price. People need to keep track of prices to stay competitive in the cutthroat market. With the help of online data scraping services, visiting all the websites and collecting the data is much more effective.

In conclusion

In this article, I have covered some basics about web scraping and how it is being used in different industries. Note that scrapping websites do not necessarily require programming skills, you can always choose to seek help from scrapping tools and service providers like. For more information on online data scraping services or if you like to hire the services, please visit now.

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