Real-time price monitoring is an industry unto itself. With rapidly growing levels of technological prowess and global interconnectivity, it is now possible for companies to compete on a minutely basis. This is made possible by revolutionary software and analytical platforms which can offer real-time price analysis. Greater business integration and the development of transcontinental market..
Price monitoring is a key factor in determining the best price for the products in any industry. The best cost of production and optimal profit margin are essential to ensuring that your company performs at its peak. Because all consumer markets are becoming increasingly dynamic, understanding the general pricing trend and how it is affected..
Retail pricing intelligence is defined as the analysis of trends in the market and how the demographic responds to it. This facility offers a detailed approach to understanding pricing dynamics in the retail market and the success of various pricing paradigms. Understanding the reception of retail pricing is critical to developing not just an effective..
Scraped web data is of great importance to data analysts, online media, e-commerce, research firms, and government. The amount of data available on the real estate portals, classifieds, social networks, and blogs, etc. is so huge that it is almost impossible to contain it in a structured format manually unless you’re using an automated tool..
Web data scraping has emerged as the next big thing in the e-commerce world. The pricing strategy, business insights, competitive intelligence and comparisons derived from online websites is too beneficial to ignore. Knowing that the internet is an endless source of information, it is almost impossible for retailers to utilizethe tremendous amount of data without..
Content marketing, after competitive price monitoring and retail price optimization, is the third most important strategy for driving traffic to B2C forums. Additionally,it impacts the email marketing and social marketing strategy of e-commerce brands.Unfortunately, it receives less attention. Retailers mainly focus on price optimization, forgetting that they won’t receive traffic on their site unless they..
Did you know that the internet has been constantly expanding since 2012? According to the data published by an online blog, every second, nearly one billion web pages add or edit content, 772 photos are published on Instagram, 7548 tweets are published by Twitteratis, 2,573,338 emails are exchanged by users and about 42,943 GB of..
Retaining a loyal customer base is easier said than done, especially amidst the cut-throat competition that exists in the market today. Companies are constantly experiencing a difficult time holding on to their previous customers because the shoppers have so many brands to pick from that they can easily switch from one retailer to another. Still,..
Shopping is no longer confined to ‘carrying shopping baskets’ and taking ‘word-of-the-mouth’ opinion. Today, the internet has made it easier for consumers to shop for their desired goods and receive them on their doorstep. Noticing the change, global manufacturers, retailers, and suppliers have started considering the changing shopping habits of their online shoppers, when optimizing..
According to the National Retail Federation, online shopping sales hit the $108.2 billion mark last year. If we go by the analysis of NRF and Shopify, about one-third of shoppers shop in the festive season, that is around Thanksgiving, Black Friday, Christmas and New Year. Holiday shoppers usually know what they want and have a..