Are you also tempted to change your pricing strategy for 2024? Did you know that your business can work wonders in today’s data-driven market with the help of business intelligence? Yes. Business Intelligence (BI) can be a real game changer in the coming year. Today, in this blog, we will talk about Business Intelligence Platforms,..
In this age of digital revolution, it is not possible to imagine anything without data. Data needs to be collected from the internet and it is here that web scraping comes into the picture. What is Web Scraping? Web scraping or collecting data from websites is the automated process of fetching an enormous amount of..
It is that time of the year already when people are ready to ring in the holiday season with some great shopping! Yes, it is December! Now, is the time when consumers are on the constant lookout for special Christmas Sales and offers. People keep their shopping lists for this time of the year to..
Imagine this, you launch a new product and suddenly the competitor also does the same and you are caught off-guard! In such situations, business decisions and strategies depend upon the data you have. In today’s day and age, data-driven companies have more chances to win a price war. Web scraping is the very first step..
2023 began with a boom of AI that could be used by every business person. ChatGPT took the world by storm. Then slowly, AI is becoming accepted widely across several applications in diverse industries in different forms. But what role does AI play in data analytics? And how does AI data analytics make use of..
Competitor price monitoring plays a crucial role for the retailers more than ever. There are millions of e-commerce sites on the web. With such fierce competition and ever-changing customer preferences and trends, the scope for error in pricing is less as compared to the past decade. It has become all the more important to monitor..
With the introduction of AI and machine learning predictive analytics market is growing. Predictive Pricing analytics is the process of collecting, organizing, and using a massive volume of data to draw conclusions which can contribute to profitable results. The predictive pricing analytics can be used by the sales and marketing departments to develop new pricing..
In the highly competitive market, it is essential to know what competitors are charging for similar services and products. When a business understands competitor’s pricing strategies, it becomes easy to make informed decisions regarding pricing and staying competitive in the market. Customers these days compare the prices of specific products/ services on various portals before..
It is common for a business to lose business to its competitors due to pricing differences. And for an eCommerce business, it becomes more apparent as there are many companies out there offering the same at a competitive price. If you are looking for a way to stay competitive while optimizing your profit, retail price..
Everybody wants to make their business run in autopilot mode. But, is it easy to achieve? If your answer was no, then you are about to be surprised in this blog. To begin with, in a fiercely competitive market, it is essential for a business to keep an eye on the market trends and competition…
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