1. Competitive Intelligence
Web scraping is a helpful way to gather information about other businesses. Marketers can use it to scrape
data from their competitors’ websites, like the products they sell, how much they charge for them, any special
deals they offer, and what their customers say. It helps businesses understand what their competition is up to,
determine what’s popular in the market, and change their plans.
An online shopping company might use a tool to check how much other companies are selling things for. If
another company starts selling things for less money, this company can also lower its prices to stay
competitive.
2. Market Research and Trend Analysis
Web scraping allows marketers to conduct detailed market research by gathering information from different
websites, such as forums, social media, and industry news sites. This information can reveal new trends, what
customers like, and what the market needs.
For example, if a company introduces a new product, they might look at social media websites to see how
people feel about it and find essential people in the same area. By studying this information, the company can
adjust its marketing efforts to match what people are interested in and expecting.
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