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To stay ahead, e -commerce businesses cannot ignore the importance of data, especially such public web data that they have access to competition. Whether it is aware of the competitor’s prices or catching the latest consumer trends, access to web data gives companies the option to maximize choice, regardless of what sector they are in.
However, specific types of the desired data and their applications may vary significantly from one industry to another. In this piece, I would like to give you a glimpse of the differences and similarities of collecting data.
Related: How to use the correct data to make effective business decisions
Who needs data? All!
In all industries, e -commerce businesses rely on web data to monitor rivals, evaluate their market standings and discover new ways of development. Recent data shows that in 2024, around 2.5 billion people – About one -third of the global population – was buying consumer goods online worldwide. This large -scale digital market plus produces valuable public data treasures, such as:
Pricing Information
Data related to product availability
Consumer reviews and feelings
Find trends and keywords
Promotional strategies
Market share indicators
All this, and more, can be collected and analyzed with the help of web scraping. Now, let’s take a close look at how different industries tap the web data to improve their decision -making and overcome their respective challenges.
Furniture Industry-Mosmic Strategy and Purchase of High Price
The furniture industry works on clear seasonal samples, significant sales in January and July as retailers replace new inventory. During these peak hours, prices may fall from anywhere 10 % of a total 60 %It is making a similar moment for buyers and sellers.
Industry -related data requirements:
Seasonal Prices Trends: Keep in mind how rivals adjust their exemption during rivals clearance hours.
Holiday promotion strategy: Looking for special deals during the weekend of the big purchase, such as the President’s Day, Memorial Day and Labor Day, when furniture is often exempted.
Consumer research samples: Get insight into online to -off -line shopping journey. For example, famous The rule of 7 People can change as they visit the store less often before purchasing.
Floor sample availability: When the competitor is offering floor models on the main waiver, the possibility of spoting.
Related: Only once for big companies, ‘Web Scripping’ is now an online arms race no internet marketer can survive
Fashion Industry – Finding a speedy cycle and trend
The fashion industry is experiencing a significant addition, which estimates that it can reach amazing $ 1,183 billion by 20298.94 % is rising at an impressive annual rate. This sector features its high -speed product cycles, the increasing number of consumers aware of permanent trends and stability.
Industry -related data requirements:
Expect trend: Check social media and review the data to find the emerging style before coming into the mainstream.
Inventory Monitoring: Keeping tabs at the stock level to identify items in more demand.
Positioning of sustainable products: Collecting data on how competitors promote their claims of stability. This is important because, as Delivet has stated, 60 % of thousands of years and 59 % of General Z Ready to make extra payment for sustainable products and services.
Fasten fashion pricing: Monitoring prices change at real -time to stay ahead of the competition.
Fake detection: Scan online markets for unauthorized copies that can damage the brand’s reputation.
Electronics Industry – Technical specifications and product life
The electronics industry faces some unique challenges, such as complex products, with rapid technical change and dealing with short product life. Given the industry estimated compound annual growth rate (CAGR) 7.5 % from 2024 to 2031Data -powered decisions are more important than ever.
Industry -related data requirements:
Serial Number Management: Keeping the product specifications in different platforms to maintain consistency.
Product Life Cycle Data: Keep an eye on it when competitors begin to discount old models to pave the way for the latest tech.
Detailed specifications: Ensure that all technical information is readily available and competitive.
Consumer Electronics Pricing Strategy: The use of real -time pricing for high -cost goods, especially since consumers are always comparing prices.
Stock forecast modeling: Take advantage of historical sales data for short life cycles products Line Fine Tone Inventory.
Related: website scraping is an easy growth hack you should try
Food & Beverage Industry – Transparency of Health Trends and Components
Food and beverage sector is facing permanent growth, which is likely to go By 2032, 6,200,011 million (2024) $ 9,807,540 million dollarsReflect the CAGR of 5.9 %. The industry needs to collect special data to address food safety rules, food trends and consumer health concerns.
Industry -related data requirements:
Transparency of Components: It is important to keep an eye on how competitors present their information about their nutrition. However, research has shown it More than half of Americans Say that the Labels of the Front of Package (FOP) affect the purchase of their food and drinks, and a quarter considers this effect important.
Emerging Food Trends: Companies must identify the preferences of emerging consumer priorities for products that are organic, sustainable or plants.
Allergen labeling procedures: Must monitor how rivals comply with allergen documents, especially for that 220 million People living with food allergies around the world.
Adopt the subscription model: Analyzing how competitors are repeatedly implementing purchase options. Are likely to contribute to one in food subscriptions 2 442 Billion Global shopping economy by 2025.
Omni Channel Integration: Understanding how competitors connect online and offline experiences is key.
Web data collection is a game changer for e -commerce in the fields, but the kind of information you need and how you should use it can be very different from the industry. With the help of web scraping methods according to a particular industry, businesses can use them to tap in real -time insights and to inform them of their prices, product development and marketing strategies.
Since e -commerce is growing globally, those who know how to maximize public web data will be in the best place to understand market trends, predict what consumers want and eventually catch a large piece of market in their areas.