Competitor Price Monitoring - PowerPoint PPT Presentation

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Competitor Price Monitoring

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Competitor Price Monitoring – PowerPoint PPT presentation

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Title: Competitor Price Monitoring


1
Competitor Price Monitoring
  • By

2
Competitor Price Monitoring
  • Competitor price monitoring is especially crucial
    for ecommerce businesses. Before you even set up
    a business strategy, it is important to carry out
    a pricing analysis. Every effective business
    strategy is based on price. You cant go against
    your competitors without knowing what they are
    charging and why. In case you want to come up
    with a very distinct pricing model, you must be
    able to justify this to your customers. You
    cannot defend your unique pricing model unless
    you know what other similar businesses are
    charging.

3
The terms are often used with Competitor Price
Monitoring
  • Competitor price scraping
  • Spidering sites for prices
  • Price information Data extraction
  • Competitor Price extraction
  • Competitor Price Watch
  • Competitor Price Tracking
  • Price comparison
  • Price scraper

4
Rewards of Competitor Price Monitoring
  • Increase sales
  • Enhance profit margins
  • Adjust your product catalog
  • Attract the right geographical audience

5
Techniques used in Competitor Price Monitoring
  • HTTP Programming You could post HTTP requests
    on remote servers of dynamic or static web pages
    using socket programming to extract data for
    competitor price tracking
  • HTML Parsers Many sites have databases that
    dynamically generate large collections of pages.
    Web designers use a common template or script to
    encode data for a particular category. You could
    use such semi-structured data query languages as
    HTQL and XQuery to parse HTML pages to retrieve
    and transform page content.

6
  • Regular Expression Matching or Text Grapping
    This is the use of regular expression matching
    UNIX grep command facilities of such programming
    languages as Python or Perl to extract data.
  • DOM Parsing This involves the embedding of
    full-fledged web browsers like Mozilla browser
    control with programs to retrieve dynamic content
    from client-side scripts. The browser controls
    will also parse web pages into DOM tress for the
    extraction of parts of the web pages.

7
  • Web-Scraping Software You could buy web scraping
    tools that are readily available in the market
    and customize them.

8
Format of your choice
  • easy-to-use reports Data provided in varied
    formats such Excel, CSV, MS-Access, MySQL,
    MS-SQL, XML, or JSON.

9
Contact Us
  • ITSYS Solutions Pvt. Ltd.
  • India 91-9654653433
  • US Canada (518) 481-3433
  • UK 020 3239 7570
  • Web www.website-scraping.com

10
Thanks Page
  • Thank you so much for visiting us.
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