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Top 10 Amazon Scraping Tools 2023

Posted on March 29, 2023 by SS Technology

The practice of retrieving a webpage and extracting its data is referred to as web scraping. After acquiring the information, it is common to analyze, reformat, parse, or transfer it to a spreadsheet. There are various web scraping applications, but we will concentrate on a few for now, such as collecting price and product data from marketplaces. Retailers utilize this information to enhance their understanding of the market and competition.

With millions of products available on the Amazon Marketplace, it can be challenging to keep up with the latest trends and insights to improve your store’s performance. Fortunately, web scraping can be useful for extracting valuable data from Amazon’s website, including product information, pricing, customer reviews, and more.

Why should you use web scraping?

Web scraping can help you streamline your product research process and save time that would otherwise be spent manually searching through the website. This can help you stay ahead of the competition and improve your store’s efficiency and profitability. Web scraping can assist in increasing your business growth tenfold using web data, regardless of whether you’re a new or expanding enterprise.

Here is how web scraping can help you improve your business:

Technology makes it easy:

Everyone has access to the latest technology, and there is no reason for you to hold back on utilizing every resource you can get your hands on. Access to technology is paramount when it comes to web scraping since it allows virtually anyone to scrape large amounts of data efficiently. Numerous resources are available online to help you become proficient in web scraping, and you can leverage various service providers who can assist with data collection.

Innovation:

The potential uses of web scraping are boundless. By providing easy access to web data for everyone, web scraping sets a higher standard for innovation. It compels businesses to enhance their value proposition. Web scraping enables businesses to test and implement new ideas more swiftly, promoting faster innovation.

Marketing automation:

Web scraping can aid in marketing automation by automating lead generation, competitor analysis, market research, and content creation. Extracting data from websites helps businesses acquire the necessary information for effective marketing campaigns and decision-making.

Brand monitoring:

The market for brand monitoring is rapidly expanding. In today’s world, checking customer reviews before buying online has become fundamental, as consumers prefer recommendations and reassurance when making purchasing decisions.

Top 10 Amazon Scraping Tools for 2023

Octoparse:

Octoparse is a web scraping tool that is free for life, enabling users to extract web data without any coding knowledge quickly. The tool stands out with its intuitive, graphic UI design and auto-detection function, eliminating the need to search for data manually. While the free plan has a 10,000-row limit, paid plans offer cloud service, scheduled automatic scraping, and IP rotation, making them useful for monitoring stock numbers, prices, and other information on a regular basis.

SS Technology:

SS Technology is a leading Amazon scraping service provider that utilizes modern technology to scape Amazon data and help businesses make informed decisions regarding their marketing. They use various tools, scripts, and software that are crucial in the process of web data extraction, particularly when dealing with enterprise-level data.

ScrapeStorm:

ScrapeStorm is a visual web scraping tool that uses AI to detect data, similar to Octoparse’s auto-detection. Its browser-like UI makes it easy to use, and its Pre Login function can scrape URLs that require login. A free quota of 100 rows and one concurrent run is available, but upgrading to the professional plan with 10,000 rows per day is recommended for more data.

Parsehub:

ParseHub, a downloadable web scraper, is another free tool that enables users to build custom crawlers and export data into structured spreadsheets. Although it doesn’t support auto-detection or offer Amazon templates, experienced users can still utilize it for Amazon scrapping.

Instant Data Scraper:

The majority of the Amazon scraping tools that have been mentioned have additional and advanced functionalities apart from scraping. While they can be beneficial, they can also make the platform more complicated. For those who only require data extraction from a webpage, Instant Data Scraper is a simpler solution.

Data Miner:

Data Miner is a browser extension that can be used with Google Chrome and Microsoft Edge. It enables the extraction of data from web pages and exporting it to a CSV or Excel file. There are several custom recipes that can be used to scrape Amazon data with ease. With a user-friendly interface and basic functions, it is suitable for small businesses or casual users.

ScraperAPI:

This tool can assist you in scraping data from Amazon, as well as a variety of operating systems, and its AI-based web scraping tool eliminates the need to specify the desired data. Developed by expert developers, these tools are reliable and efficient.

Webscraper.io:

Webscraper.io is a developer tool that offers a point-and-click interface. Unlike other scrapers, it doesn’t have specific templates for Amazon or e-commerce scraping, so users must build their own crawler by selecting the information they need.

Scraper Parsers:

Scraper Parsers is a browser extension that can extract unstructured data and visualize it without requiring any coding. Once the data is extracted, it can be viewed on the site or downloaded in various formats such as XLSX, XLS, XML, and CSV. Moreover, the tool can create charts and display the extracted numbers in an easy-to-understand format.

Apify:

Apify is a powerful Amazon scraper that surpasses the limitations of the official Amazon API. t allows you to obtain price offers for a specific Amazon standard ID, search for a specific keyword, and target a specific country. With Apify, you can easily obtain all the necessary data you need from Amazon.

By leveraging web scraping techniques, you can obtain detailed insights about your competitors, identify popular products, track pricing trends, and gather valuable customer feedback. These insights can help you make informed decisions about your inventory, pricing strategies, and marketing campaigns, giving you a competitive edge in the marketplace.

What is Amazon Price Monitoring?

Posted on February 13, 2023March 4, 2023 by SS Technology

As the number of sellers in eCommerce platforms like Amazon increases, all of them try to attract customers to their stores with various tactics. One of the common tactics that many sellers implement in their stores is providing the products at a lesser price than their competitors. As a buyer, if you want to get the best deal on the products you buy, Amazon Price Monitoring is a practice that you should take seriously.

Using an Amazon price monitoring tool

It goes without saying that in this digital era of shopping, you do not have to sit behind your computer or mobile device to keep track of price changes. You can utilize various tools available in the market to monitor the price changes on Amazon. These tools are perfect for buyers to track the ever-changing fluctuations in the price.

Things to keep in mind when choosing an Amazon price monitoring tool

Since there are multiple price tracking tools in the market, it is important for you to choose one that will provide the best results. The tool that you choose for your price tracking should:

Provide updates and comprehensive evaluation of competitor pricing.
Feature Chrome extension and a mobile app for convenience.
Monitor any product on Amazon.
Be user-friendly, and the price should be affordable too.

Benefits of Amazon price monitoring

Whether you are a consumer looking to buy products in bulk or another seller trying to keep track of your competitors’ pricing so that you can price your products better, here are a few benefits of Amazon price monitoring:

Staying informed:With Amazon price monitoring, you can stay informed about any price changes of your competitor, and you can adjust your prices in response. As a consumer, you can make informed decisions about whether you want to buy a product or wait for the price to drop further.
Better pricing strategy:When you implement price monitoring on your competitors, it gives you an idea of price trends and their pricing behavior. You can use those trends and behaviors to map our your own store’s pricing strategy.
Convenience:Since most of the Amazon price monitoring tools have a Google Chrome extension, it gives you the convenience of keeping track of the fluctuation in price from your smartphone too. Even if you are traveling and you do not have to carry your laptop with you just for the sake of price monitoring.
Monitor any product:The best thing about Amazon’s price monitoring technique is that it is not limited to a certain category or products; as a consumer or a business owner, you can monitor almost all the products in any category to keep track of the pricing.

Also Read: Amazon Data Scraping: Benefits & Challenges

For businesses and consumers, if you want to have up-to-date and informed decisions before taking the next step, Amazon price monitoring can help you immensely. By keeping track of price changes, you can take advantage of discounts and avoid overpaying for products.

Amazon Data Scraping: Benefits & Challenges

Posted on January 19, 2023March 4, 2023 by SS Technology

It is a no-brainer that Amazon has a great deal of data on consumers across the world. This is because they are among the biggest eCommerce companies in the world. Extracting data that can serve your purpose from this data magnitude could turn out to be an excellent idea if you want to create an impact on your business. This blog discusses the meaning of Amazon data scraping, how it can profit you and what hurdles you might have to face in this process. Happy reading!

What Is Amazon Data Scraping?

Data scraping is the method of extracting data from a particular website source, filtering it as per your requirement, and utilizing this data to serve your growth. For example, since a massive number of users use Amazon for their daily purchases, the website naturally has access to the interests, likes, dislikes, and preferences of these customers. If you can get your hands on this data, you can use this priceless information for better targeting and website optimization.

Benefits of Amazon Data Scraping

TargetingBy comprehending your target market, you may make prudent decisions for selling in-demand products. In addition, by scraping data from Amazon, you will gain access to keywords with higher rankings and increase your own ranking.
Comparison Of PricesIf you don’t monitor price changes in the market, particularly during peak seasons, you can incur massive losses in online sales. On the other hand, with Amazon data scraping, you can use pricing intelligence technologies to determine your company’s preference, pricing, and service position.
User EngagementScraping data from outlets such as Amazon provides a more accurate depiction of your product’s standing among customers. In addition, examining customer opinions and preferences on Amazon can assist in defining your customer base, gaining insight into their purchasing habits, and planning diverse product sets for customers.

Challenges of Amazon Data Scraping

IP BlockingWebsites use captchas and IP blocking to prevent bots from accessing them. If an IP address repeatedly requests sites without a Captcha confirmation, Amazon will block or blacklist the IP address.
Page StructureMost scrapers are configured for a particular page structure. Amazon recognizes this and uses varying page structures.
Scraper QualityBecause Amazon is unlike other websites, the site’s algorithms are somewhat difficult to scrape. So, you won’t find much success with an underperforming scraper.

In a nutshell, Amazon scraping is quite a beneficial process through which you can improve the visibility and revenue of your online business. However, you need to have the best data scrapers, like SS Technology, to surpass the various challenges in the process. A leading web data scraping agency, SS Technology, can provide the best IT solutions to you.

E-Commerce Web Scraping: 5 Ways to Beat the Competition

Posted on August 22, 2022March 4, 2023 by SS Technology

The world of e-commerce is a competitive one. To be successful, you need to find ways to stand out from the competition. One way to do that is using web scraping technologies to get an edge on your rivals. In this blog post, we’ll discuss five ways you can use web scraping to boost your e-commerce business.

What is E-Commerce Web Scraping?

E-commerce web scraping is the process of extracting data from e-commerce websites. This data can be used for various purposes, such as price comparison, product research, and market & Price analysis.

There are a number of ways to scrape data from ecommerce website. You can use a web scraping tool, write your web scraper, or hire a web scraping service.

Why Use E-Commerce Data Scraping Services?

There are many reasons why you might want to use web scraping for e-commerce. Here are just a few of the benefits:

1. Get a Competitive Edge

One of the main advantages of web scraping is that it gives you a competitive edge. With web scraping, you can get the information your rivals don’t have access to. This information can be used to make better business decisions and stay ahead of the competition.

2. Save Time and Money

Another benefit of web scraping is saving you time and money. If you’re manually collecting data, it can take a lot of time and effort. With web scraping, you can get the data you need quickly and easily. This can free up your time to focus on other aspects of your business.

3. Improve Your Decision-Making

Web scraping can also help you make better decisions. You can make informed decisions about your business with accurate and up-to-date data. This can lead to improved profitability and growth.

4. Competitor Monitoring

Web scraping can be used for competitor analysis. By monitoring your rivals, you can keep track of their competitor price scraping, products, and strategies. This information can adjust your plans and stay ahead of the competition.

[ Don’t forget to check – Amazon Data Scraping: Benefits & Challenges ]

5 Ways to Use Web Scraping for E-Commerce

Now that we’ve discussed what e-commerce web scraping is and why you should use it, let’s take a look at five ways you can use web scraping to improve your e-commerce business.

Price Comparison

One of the primaries uses of an E-Commerce web scraping is price comparison. With web scraping, you can automatically collect data from multiple e-commerce websites and compare prices.

Product Research

Web scraping can also be used for product research. With web scraping, you can collect product data, such as reviews, ratings, and pricing. This information can be used to decide better which products to sell.

Market Analysis

Web scraping can be used for market analysis. You can collect data about trends, prices, and products with web scraping. This information can be used to understand the e-commerce market and make better business decisions.

Customer Analysis

Another use of E-Commerce web scraping software is customer analysis. With web scraping, you can collect data about your customers, such as their locations, demographics, and interests. This information can be used to improve your marketing and sales strategies.

Competitor Analysis

As we mentioned, an E-Commerce web scraping can be used for competitor analysis. With web scraping, you can collect data about your competitors, such as their prices, products, and strategies. This information can adjust your plans and stay ahead of the competition.

How to scrape products from e-commerce?

Scraping products from ecommerce sites is a very straightforward process. You must identify the websites you want to scrape and acquire the HTML or XML data from each page. Once you have the data, you can parse through it and extract the relevant product details such as prices, product descriptions, images, and more.

The tools you use for scraping products from ecommerce sites will depend on the type of data you need to scrape. For example, if you need to scrape prices from a product page, you can use an automated web scraping tool from SS Technology. On the other hand, if you need to scrape product descriptions from a review page, you can use a custom web scraper built with Python.

Ecommerce data scraping: Unique, Real-time, and Custom data extraction

Scraping data from ecommerce sites can be challenging, but it can be done quickly and accurately with the right tools and expertise. If you need real-time, unique, and custom data, SS Technology can help.

Product Name
Category
Images
Product Id/Model Number
Review Counts
Delivery Charges
Price
Description
Stock Availability
Color
Brand Name
Video Links
Specifications
Seller Name
Seller Profile URL
Seller Ratings

Choose the Best eCommerce Web Scraper from SS Technology

If you’re looking for a reliable and comprehensive Ecommerce web scraping tool, consider one from SS Technology. Our web scrapers are specifically designed for ecommerce websites and are equipped with a range of features to make the data extraction process faster, easier, and more accurate. Our software can scrape from multiple ecommerce sites simultaneously and is updated regularly with the latest data.

Conclusion

E-Commerce web scraping can be a valuable software for e-commerce businesses. It can be used for various purposes, such as price comparison, product research, market analysis, customer analysis, and competitor analysis. If you’re not using web scraping, you’re at a disadvantage. With web scraping, you can get the data you need to make better decisions and stay ahead of the competition.

Also Read: What is Amazon Price Monitoring?

Price Tracking in the age of eCommerce

Posted on August 5, 2022August 30, 2022 by SS Technology

Nowadays, just about anyone can start an online business. With some ingenuity and some hustle, you can be up and selling products to the entire world in no time. But as any experienced entrepreneur will tell you, success in eCommerce requires more than just a great product and a clever marketing strategy – it also requires accurate tracking of your prices relative to those of your competitors. In this blog post, we take a closer look at price tracking in the age of eCommerce and explain some of the key benefits it offers businesses, both big and small. Stay tuned for insights on getting started with price tracking in your online store!

Automation is the key

As your online business grows, you’ll quickly realize that manual price tracking is impossible. There are too many competitors to keep track of and many products to check prices for. This is where automation comes in – If you’re looking for a way to automate the tedious and time-consuming task of price tracking, then it’s worth checking out competitor monitoring tools. These innovative software programs let businesses keep track on their prices in real-time so that they can focus more energy into other aspects like customer service or new product development.

Tracking Prices does not always mean Matching Them

A common misconception about price tracking is that it’s all about matching your competitors’ prices. While it’s undoubtedly essential to stay competitive on price, you don’t always need to have the lowest price to succeed. There are many times when it makes sense to raise your prices to improve your margins slightly. This is where price tracking can be beneficial – by monitoring your competitors’ prices, you can get a sense of what price points are most successful in the market and adjust your prices accordingly

It’s not just about products

Price tracking is not just limited to physical products – it can also be used to track the prices of digital goods and services. Offer any subscription-based service, such as a software as a service (SaaS) platform or an online e-Commerce store. Price tracking can be invaluable for ensuring that your prices align with your competitors. By constantly monitoring the prices of similar products, you can be sure that you’re always offering a competitive price point and avoid any significant price discrepancies that could cause customers to look elsewhere.

Target different Products in different areas

One of the great things about price tracking is that it can target different products in different geographical areas. For example, you can use price tracking to adjust your prices accordingly if you sell products that are popular in Europe but not in the US. This way, you can ensure that you’re always offering a competitive price in each market and avoid potential losses due to currency fluctuations.

Price Tracking is an invaluable tool for any eCommerce business, big or small. By automating the process of price tracking, you can free up your time to focus on other aspects of your business and be sure that you’re always offering a competitive price point.

Check out the Competitor price monitoring tool if you’re looking for an excellent price tracking tool. With our automated price tracking system, you can take the tedious and time-consuming task of price tracking off your hands and focus on what’s important – growing your business.

How is the strategic businesses use of web data crawling in current market?

Posted on March 2, 2022August 30, 2022 by SS Technology

Online retail is one of the most challenging businesses; the increasing competition is making things worst. There are hundreds of thousands of retailers, trying to sell the same product, targeting the same audience, and keeping the prices low so as to attract more and more customers. Well, every problem has a solution, and online retail and more sales can also be achieved with the help of proper strategy. One of the reasons businesses fail to implement a solid strategy is not being able to get the right database of customers and competitors. Online data scraping is the key to collect data from various online sources.

customer-review
More and more customers are shopping online these days. They leave their opinion, suggestions, and emotions about any specific product, you can consider this as their overall experience with the product and hence, this is crucial data for any online retailer. Web scraping tools enable you to gather customer reviews from variety of eCommerce stores, understand their specific requirements and fulfill them. This is a key strategy to delight your customers.

Pricing
Price fight on eCommerce stores is common; you need to be well aware of the right selling prices so that customers prefer buying from you. It is a fact that, customers compare prices prior making any purchase; this is the reason why you need to quote competitive prices so as to stay ahead of the curve. Web data extraction provides you with the right data to help you formulate the right pricing strategy.

Analyze demand
Customer demand needs to be tracked prior making any strategy. Knowing the demands gives you the freedom to make changes in your products and also fill your inventory with only the best selling products. This, in turn, will enable you to sell more units and delight more customers.

Monitor campaigns
What and how your competitors are selling, you need to keep a close eye on these things. With the help of web scraping, you can come to know the way your competitors try to sell their products; also how they run their campaign, at what prices, all these useful details can help you improve the quality of your campaigns.

Hence, you need to locate the best web scraping solution that can provide you with all these useful data and insights.

PUBLICALLY VISIBLE DATA SCRAPING FROM ANY WEBSITE ISN’T ILLEGAL

Posted on February 28, 2022March 6, 2022 by SS Technology

Path-Breaking Court Decision on Scraping –Scraping Public Data from any Website without Permission isn’t Illegal or a Crime

hiQ Labs vs LinkedIn Case on Web Scraping:

Two years later when a lower court appropriately decided that LinkedIn can’t use CFAA (Computer Fraud and Abuse Act)to stop third-parties from scraping the website, California’s 9th Circuit appeals court has given a judgment that it’s not unlawful or illegal to scrape data from the public websites without taking prior approval and that’s a huge victory for a small firm like hiQ.

The decision comes after an extended legal clash between a small data analytics firm named hiQ and LinkedIn, a Microsoft-owned company. This popular social site sent a cease-and-desist letter to HiQ, commanding it to stop scraping the LinkedIn site. In the counter suit, hiQ sued LinkedIn for preventing it from scraping the public content from the website. The 9th Circuit has given the decision on the side of hiQ, saying that scraping any public website does not interrupt the CFAA, even if the website owner disallows with the cease-and-desist letter; this language strongly advocates that CFAA only affects to bypass the authentication.

While discussing the CFAA, this 9th Circuit panel has strongly suggested that CFAA applies only to prevent bypassing authentication and not to halt companies from blocking the companies or people they don’t like.

For all the reasons, it looks like the CFAA’s prohibition about using a computer “without permission” gets violated if a person avoids a computer’s usually applicable rules about accessing permissions like username & password requirements, for accessing a computer. It is expected that when any computer network allows public access of its data, the user’s access that openly available data which won’t come under constitute access without the authorization under CFAA and the data that hiQ wants to access doesn’t own by the LinkedIn as well as hasn’t been determined by LinkedIn in private using an approval system.

After that hiQ has raised severe questions about if LinkedIn may raise the CFAA to prevent hiQ’s possibly commendable tortious interfering claim. They note that individuals who view themselves as a victim of the data scraping are not without any option, although the CFAA doesn’t get applied the state law invade to possessions claims might still be accessible.

And other sources of action like misappropriation, copyright infringement, conversion, undeserved enrichment, breach of privacy, or breach of contract may also include. E.g., Associated Press v. Meltwater U.S. Holdings, Inc., 931 F. Supp. 2d 537, 561 (S.D.N.Y. 2013) (holds that a software company’s bearing in scraping as well as aggregating the copyrighted news articles wasn’t threatened by the fair use).

Addition from the 9th Circuit Panel:
The House Report 1984 on the CFAA openly analogized the bearing prohibited by the section 1030 for forced entry:

“It’s notable that section 1030 copes with the “unauthorized access” idea of computer frauds rather than merely the use of computers. Therefore, the conduct forbidden is equivalent to ‘breaking & entering’ . . . .’”.

Similarly, Senator Jeremiah Denton considered the CFAA as the statute designed for preventing unlawful intrusion to distant computers, seeing that

“this bill makes clear that illegal access to any Government computer is an intrude offense, as certainly as if the lawbreaker had inputted a regulated Government compound with no proper authorization.”

11 132 Cong. Rec. 27639 (1986) (emphasis added). While considering the amendments to CFAA a couple of years later, this House again interrelated computer intrusion to entering and breaking. See H.R. Rep. No. 99-612, at 5–6 (1986) (labeling “the increasing group of electronic trespassers,” that intrude “just as if they ruined a window as well as entered into the home whereas the inhabitants were away”).

The Computer Fraud and Abuse Act is the Cyber Security bill of the United States which was passed in 1984 as are vision to the present computer fraud law that had been incorporated in the Comprehensive Crime Control Act 1984.

Promote Business and Services using Web Directories Data extraction

Posted on January 22, 2022March 2, 2022 by SS Technology

Introduction:
We are in the era of information. The more information an organization has, the stronger it is. Many opportunities are there to extract information thanks to technology. Now, we can find any information in the blink of an eye. All this information is arranged on a website. A web directory is a record where we can store websites. It helps us to find websites and links according to our requirements. On the other hand, Data extraction is a process to gather data from various sources of the Web. Data extraction from web directories helps to develop the productivity of a company. Various industries are using data extraction to develop their infrastructure, management policies and offerings.

What is a Web directory:
A web directory is a manual listing of websites in an organized way. The entire directory is hand-picked and not by software cause an actual person classifies which websites should get listed on a per-site basis. Using a web directory, we can find the title and content description of various websites. There are two ways of doing it. The first one is web browsing and the other is searching. Having a search engine, we can search throughout the website.

Method of Data Extraction from Web Directory:
You can gather the contact information of your customers and prospects using web directories data extraction. You need to take the following steps to extract data from web directories.
• The first step is to crawl through the web directories using a crawler. You can also use customised scrapers according to your requirements.
• Now, you need to define the search criteria to fetch your desired fields such as email, contact information, company name, industry, address etc.
• Export the data in the desired format.
• Integrate the data according to your client’s requirements to promote his business and services.

Conclusion:
The extraction process of data from various web directories is a complex job. You need data mining experts and scrapers to do it accurately. Also, there are multiple methods to extract data from directories with their advantages and disadvantages. Hence it becomes tougher. Don’t worry, SS Technology is here to help you to make your job easier. We have years of experience to extract data from web directories. We are skilled in intelligent extraction methods and deep crawling to extract data from every kind of web directory. So, visit SS Technology and check out our services to book a demo now.

Impact of Data Extraction in Tourism Industry

Posted on January 21, 2022March 2, 2022 by SS Technology

Introduction:
Data extraction is a process to collect data from many websites using scrapers & mining tools. Extracting data has become crucial because it reduces human error by automating the data mining procedure. Different companies are using data extraction to develop their business. It also helps them to serve the best offers to their customers. Hence, The benefits of data extraction have also impacted the tourism industry. Tourism companies are improving their management & hospitalities using data extraction. Extracting information from various travel & tourism websites give customer insights to improve the facility and service. It can help to get an edge over competitors.

Importance of data extraction in the tourism industry:

• People love to travel & tourism companies help them from getting accommodation to set up the travel plan. Using Data extraction, travel agencies can get more information regarding new travel destinations where their customers are wishing to travel. It helps them to create the perfect travel plan and essentially cut the competition.
• By extracting data, hotels and travel agencies can sell the right offer in front of the proper traveler to maximize profits. They can able to identify the proper channel and perfect price to confirm the sale.
• By extracting and analyzing data from other travel agencies, your tourism company can declare new packages to win more customers and defect other competitors.

Methods of data extraction in the tourism industry –
Data extraction methods are very important to know. We need to collect data from authentic sources and examine them. While extracting data you need to choose proper software such as scraper, crawler.

• Now, extract the information about the customer’s willingness.

• Gather data about hotel system, address, customer review, foods, hotel rooms and facilities of other tourism companies.

• After that process, process the data according to demand.

• Use data visualization tools and software to export them as pictures, figures, and graphs. It will be very helpful for your company to identify the current trend.

Conclusion:
All in all, it is a tough job. It has to be done with a lot of patience and it is time-dependent. But SS Technology can help you to make your job easier. SS technology takes the challenge to deliver you the best outcome. So, take our help to extract data from the tourism industry. Looks amazing and exciting Right? So visit order now and conquer your competitors.

Grow More by implementing Price Intelligence

Posted on January 21, 2022February 25, 2022 by SS Technology

INTRODUCTION:

Proper pricing of a product is one of the most important factors to satisfy customer needs and to maintain a margin for the sake of the business. For consumers, getting the desired thing at an affordable price is the sole need and with a growing competitive nature of the market, deciding a beneficial price for both the consumers and the providers is becoming hard. This is where Price intelligence comes into play.

WHAT IS PRICE INTELLIGENCE:

The growing e-commerce field has positively increased the competition in the market thereby elevating the fluctuations in prices. According to reports many large brands like Amazon has to fix their prices every few minutes. Price Intelligence operates on data acquisition using automated software or data mining to determine a proper price for a product. Hence, it helps you to match consumers’ requirements and also keep your brand in the competition. So, what defines Price Intelligence? You can call price intelligence the ability to determine profitable pricing, by tracking monitoring and analyzing the prices available in the market including the prices offered by competitors.

IMPORTANCE OF USING PRICE INTELLIGENCE:

To know the importance of using Price Intelligence, you have to know the disadvantages of not using it.

• The increased competition among the brands to gain maximum profit can adversely affect the profit rate due to lowered price margins
leading to position loss in the market.
• Maintaining prices has become harder with the increase of new sellers in the market through the e-commerce platforms like Amazon, Flipkart, eBay.

Considering the above cases, we can say that, Price intelligence is important because it helps you to determine a price that will maintain the margin and will keep you in the competition.

HOW TO IMPLEMENT PRICE INTELLIGENCE BY MONITORING COMPETITOR PRICES:

Implementation of Price Intelligence follows the three basic steps that are,

• Analyzing your competitors in the market.
• Gathering data on competitors can also be done using automation.
• Analyzing the collected data, to adjust your prices.

Now coming to monitoring competitor prices, this can get carried out using the following steps,

1. By matching your price with the competitors’ prices, maintain other specifications of your business.
2. By manually adjusting the prices of your products.
3. Creating a sales strategy to compare your product specifications with your competitors
4. Using automated repricing is advantageous for larger product quantities and is easy to scale.

CONCLUSION:

If you are searching for a solution to your pricing problems, then SS Technology’s Price Intelligence Service is The Best. SS Technology’s Price Intelligence Service provides accurate and real-time pricing data so that you can strategize and act better. So, with SS Technology, bid adieu to your business worries forever.