You’ve probably been dipping your toes into e-commerce, or you’re ready to roll up your sleeves working for a start-up company with a nifty idea. The need to expand the business is at stake. So how can you grow your business with web scraping? Keep reading 5 Use Cases For Website Scraping API, we will tell you about Codery, a tool that will allow you to obtain all the data you need.
Why Web Scraping Can Benefit Your Business? Here Are 5 Use Cases For Website Scraping API
1. Monitoring the competition
The e-commerce market has taken a giant leap in the last decade. However, this digital retail landscape will continue to grow as digital devices become more integrated into our lives and purchasing behaviors change.
A booming market will bring more people into the industry, but competition among retailers will only get tougher, leaving very little room for newcomers to move forward. How does your retail business survive? You need to study your competitors.
2. Price optimization
If you have difficulty setting a price like I do, you’ll find web scraping extremely useful for that purpose.
The problem we can solve is to balance profit growth points without losing customers.
Scrape customer information and find out how you can increase customer satisfaction by adjusting your go-to-market strategies.
Then make a dynamic pricing strategy. The market is not static and your prices need to keep up with changes to maximize profit. Web scraping allows you to monitor changes in market prices and promotional events in a timely manner.
3. Lead generation
I bet you get tired when they ask you to get more leads. Of course. You probably go for lead generation tools that allow you to search for companies and emails. Despite the accuracy issues, they are quite expensive on limited budgets. After all, it’s not a sustainable solution to acquiring quality leads in the long term. Here’s a shortcut! You can extract contact information of online leads from millions of websites in a short period of time for free!
Establish your target person: education, company, position, etc.
Find relevant websites in your niche: doctors at healthcare providers; Yellowbook.com restaurants;
Contact lists are some valuable assets. With the names in hand, you can win customers by sending campaigns and newsletters in bulk. However, make sure you send relevant information and don’t become spam.
4. Investment decisions
Web scraping is not a foreign idea to the investment world. In fact, from time to time, hedge funds take advantage of the web scraping technique to extract alternative data to avoid the risk of failures. Helps detect unforeseen risks and possible investment opportunities.
Investment decisions are complex, as they typically involve a number of processes before a sound decision can be made, from setting up a hypothetical thesis, experimenting, and research. It allows you to gain insight into the root cause of past failures or successes, pitfalls you should have avoided, and future ROI you could get.
As a means, web scraping most effectively extracts historical data, from which you can feed said data into some machine learning database for model training.
5. Product optimization
Reviews can deterministically affect customers’ buying decisions. Therefore, we can analyze what they think of us in order to meet their expectations.
Let’s say your product team is about to launch a new product. You are so anxious, wondering if you can make a breakthrough. It is important to collect customer feedback to interrogate your product and make improvements. The sentiment analysis technique is widely used to analyze customer attitudes, whether positive, neutral, or negative. However, the analysis needs a considerable amount of data, in text, from many websites to work. Web scraping can automate the extraction process faster, which saves tons of time and effort for such a mundane job.
Codery: the best Data Scraping API
The Codery API crawls a website and extracts all of its structured data. You only need to provide the URL and the API will take care of the rest. Using Codery, with a single request, the large-scale search engine crawls pages. To manage all types of websites, use a real browser to scrape and handle all of the javascript that runs on the page. As well, this API has millions of reliable proxies available to acquire information required without fear of being blocked.
Developers may use the API to extract the data they desire, either as a file to keep or to feed the information into various applications after they understand how it works.
Also published on Medium.