Five Advantages Of Web Crawling For Manufacturers

The Internet, after the wheel, has been the most important invention in history of mankind. Just like all other sphere’s of our lives, it has disrupted barriers across trade & commerce and left web crawling technology and actively monitor prices of their products.

manufacturers with little or no control on the retail price of the product they manufacture. The ease of setting up an e-commerce / marketplace venture has increased retail competition and vastly improved availability and access to products across the globe. This increased retail competition has had both brick & mortar stores and online retailers slash prices often by sacrificing margins and at times selling the product below cost price. Such practices lead to negative opinion in minds of consumers as they tend to feel cheated by the manufacturer. To gain control and protect their brand, manufacturers can make use automated

An automated and managed price monitoring service will allow the manufacturer to 

1. Identify Sellers
On the Internet with marketplace model, there are thousands of sellers and it is not possible for the manufacturer to know all sellers. Our automated price monitoring solution allows the manufacturers to keep track of all sellers on multiple platforms.

2. Ensure sanctity of Minimum Advertised Price (MAP)
Many a times, manufacturers define MAP and trust sellers to respect this price. Unfortunately, MAP violations happen and products are under-priced to get volumes and sales. Such situations can be tackled by having an alert system wherein manufacturers are notified on MAP violations.

3. Monitor price wars
Manufacturers need to take control of price wars as that could result in loss of trust with sellers and Price monitoring service provides manufacturers the tools to ensure a level playing amongst sellers and avoid price wars.

consumers. A rogue seller who may have dropped the price below the MAP could force other sellers to drop prices too leaving the manufacturer no way to identify when and who dropped the price first.

4. Safeguard brand value
High variation of prices, negative feedback across distribution channels or grey market activity can inflict irreversible damage on the brand value of the product. By constantly monitoring products on the various online distribution channels and feedback platforms, manufacturer can take remedial corrective action and safe guard the brand value.

5. Strengthen business relationships
Enforcement of MAP by manufacturers promotes an environment of fairness and equality thereby strengthening relationships with seller and distributor networks. Swift action on violations also helps preserve brand image, boosts credibility and increases trust.

The automated and managed price monitoring service from ITSYS Solutions allows manufacturers to keep track of their products – both price and feedback across multiple online platforms and ensuring a healthy competition amongst its sellers without affecting their credibility. All this and more benefits at just $10/day (Conditions apply). For analyzing your products catalog, schedule a free demo by visiting us at website-scraping.com

Advantages of automated Web Crawling in Competitor Price Monitoring

In today’s connected world, shopping is done at click of a button or swipe of finger. A majority of shoppers compare prices across portals before buying any product. Therefore, it is extremely important for the online retailers to keep a track of the prices of products on their competitor sites. An automated web crawling solution, the technology powering the Google search engine, can provide online businesses with prices from competitor sites in real-time boosting efficiency and bottom line.

Top 5 reasons for automated price monitoring solution

1. Stop tedious manual data search and entry work: Deploying people to search for prices of hundreds of products on multiple websites is a daunting, time-consuming & costly process prone to errors. The high cost in monitoring of prices would add to the
   
   cost and make the entire process futile. Web crawling solutions removes the need to have a team of people do the copy-paste job and provides data within hours.

2. Get a broader analysis of the market: An automated competitor site monitoring solution, allows monitoring of unlimited number of products, giving a broader analysis of the market. One can easily and anonymously get the prices of products that competitors are selling at.

3. Never miss a price change: In fast changing online world of e-commerce, having information on time is critical and is more often than the difference between making a sale or losing it to your competitor. Automated Web crawling solutions allow monitoring of products on real-time thereby providing market intelligence on competitor prices as it happens.

4. Minimize human error: Data entry is prone to errors and requires hours of multilevel checks to get 99% accuracy. Automated web crawling solutions are not only speedy but provide the same information with 100% accuracy at a fraction of the cost.

5. Focus on business: By leveraging the power of automated web crawling solutions, business owners are able to spend their time doing what they are best at – strategizing to improve bottom line by being more responsive to market changes and taking informed decisions.

To sustain in this competitive environment, keeping track of competitor prices is become essential for online retailers. Automated price monitoring service by ITSYS Solutions, anonymously captures data from targeted websites in real-time and with 100% accuracy, at a cost that allows businesses to stay competitive.

Improve Your Business Using Web Data Extraction

Web Data Extraction Service

Today, data mining firms have developed web harvesting software which you could buy and install in your computers or you can outsource the services from a qualified company. However, outsourcing the services will help you cut on costs which come with the installation, maintenance and running of the software. All you need to do is specify the type of information you require and the web scraping company will do the searching. According to your specifications, you’ll get customized data scraping services where web crawling show up data that matches your specifications. The information collected is readable, easy to understand and transferable.

Web Data Extraction

There are different reasons why you should seek web data extraction services. May be you want to monitor your performance in the online market compared to your competitors. This may be in terms of sales and marketing strategies. You need to do a competitor price monitoring to know the products your competitors have and their rates. This will help you set the right prices for your products or services so as to attract more customers. Setting higher prices than your competitors will scare away customers. Competitor price monitoring software will also help you keep track on price changes. However you can only achieve this by getting the right data harvesting specialists. You need to work with a company that will give you value for your money.

Due to the fast growth in the eCommerce market, business trends keep on changing so you need to check what your competitors are doing in order to remain relevant in business. The web harvesting company should provide you with up to date information for the businesses you’re monitoring. Ensure you get the right data that you can use to formulate a good pricing strategy for your business. Clients will be prompted to order from businesses that offer the right prices for their products. As a business owner you need to ensure you remain ahead of your competition.

If you’re doing business online it’s mandatory to invest in web data extraction services so as to enhance business growth. Contact a reputable web data mining company and they’ll do the donkey work as you enjoy the benefits. They have a team of experts who will work closely with your company. They’ll assess your business needs and help you improve your presence in the online market.

Capture Store Locations Data Easily

Are you spending lot of time to manually capture & monitor the retail store locations of your competition? Scraping the data from the web can get the work done in a shorter time allowing you to
get a strategic view of how many stores they have nationally, regionally or in particular cities and take informed decisions for locating your new stores.

Web scraping in its simplest form is described as the process of collecting information from the web automatically. Web scraper software can quickly extract data or information from the targeted website when needed. Web scraping programs work by embedding specific known browsers such as Mozilla and/ or Internet Explorer, or implementing a smaller degree of Hypertext Transfer Protocol (HTTP). Web Scraping involves browsing the web in an automated, orderly and methodical manner and save required contents in a tabular form in Microsoft word, PowerPoint, Excel, MySQL or any other database format.

We have scraped hundreds of US & Canadian retail chain websites / branches (such as Jeweler chains, Mobile stores, Autoparts /Tire shops, Gas Stations, Bank branches, Insurance company branches, ATM locations) for their store locations and captured details like Store Name, Address, City, State, Zip/Postal Code, Phone Number, Store Hours, Facilities/Amenities offered, Latitude Longitude and provided the formatted data to our clients in Microsoft Excel.

For your project, you just need to contact us specifying the retail chain website(s), the geographical areas for which data is needed (eg. selected cities or states, or all states and cities in the country) and fields of information. We will write and run the scrapers on our own servers that will with 100% accuracy, reliably, efficiently and anonymously, capture the details and provide them to you in Excel.

How Price Monitoring Can Benefit Your Online Store

Competitor price monitoring can help you react quickly to shifts in pricing and prevent losses. It can help you drive more sales to your online store since you are able to avoid overpricing products. But a few online store owners are taking advantage of price monitoring. What they don’t know is that they may be selling their products too cheaply and getting a narrower margin that their market allows. So if you just set up an online store, the first thing you need to consider is to track competitor prices. Here’s why.

Take advantage of opportunities

Some of the most successful online stores are using competitor price monitoring to spot opportunities

and take advantage of them to boost sales. When you collect the data and analyze it, you’ll be able to identify certain trends and get points across your market which you didn’t know existed. Tracking competitor prices also allows you to know exactly where your business is positioned and make measures to move a step ahead.

Take the right action to maximize margin

The process of price monitoring gives you data you can rely on to make very important decisions that influence the success of your online store. You can act knowing that you have credible data to support your decisions. In fact, it reduces the risks your business is taking because you are relying on information that is credible to try and maximize margins and expand your offers.

Monitor markets

How else would you know what’s going on in your industry if you don’t monitor your competitors? You need to be alerted on the trends as they happen. Sometimes this information is no longer useful if it is not known immediately. You’ll need a service that can monitor competitor pricing, products and perceptions online round the clock so you don’t miss out on anything.

Spend less time watching your competitors

When you have a system that tracks competitor prices all through, you don’t need to spend time watching their websites manually. It’s impossible to go through hundreds of product pages looking for promotions and discounts offered by your competitors. You can get it done within a few minutes and spend the rest of your time devising a pricing strategy that will work for your business.

Maximize profit margins

Most online stores that fail to reach the desired level of success failed to come up with a suitable pricing strategy. You need tangible information to develop a pricing model that works for your industry and brand. If you go so high, you risk becoming uncommunicative and losing out on customers who simply can’t afford your product or service. On the other hand, if you go too low to the extent that you become unprofitable, your online store can face serious losses that lead to closure. To avoid all these, monitor competitor prices round the clock and always know what’s happening in your industry. Get reports on latest price changes and trends so you know exactly what your competitor is doing and react accordingly.

David Hart, has scraped over thousands of websites providing our clients from North America and Europe with data in formats as per their requirement, providing web scraping, business intelligence information, competitive price intelligence, retail business outlet locations, product catalogs, etc.