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Dynamic Pricing – Types, Benefits, and Challenges

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Nehal
dynamic pricing strategy

Adjusting prices based on market demands is not a new concept, but it is more relevant than ever. Not that long ago, dynamic pricing strategy was based on past sales data. Market demands were forecasted by analyzing seasonal and cyclical trends. Today, dynamic pricing involves more sophisticated procedures such as large-scale data gathering and analysis.  […]

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Web Scraping Food Delivery Data – PromptCloud’s Guide

The online food delivery segment is projected to reach around $127 billion by the end of 2021. With revenue expected to grow to a market size of $192 billion by 2025. These platforms and apps have thousands of restaurant listings and are used by millions of customers. So, food delivery data is important for businesses. Restaurants […]

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How is Big Data Revolutionizing The Digital News Industry?

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Nehal

Digital data is what digital data does. No, really. If it were to manifest itself in more tangible forms, we’d actually be in for a pretty rude shock. It is absolutely destroyed and rebuilding itself every day. Literally. Hyper-acceleration is the only word that can somewhat describe the pace at which our digital world is […]

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How to Leverage Store Location Data to Improve Conversion Rates

Store location data is in the absolute prime of its youth.  According to a survey, as cited by eMarketer, location data is one of the topmost emerging areas that marketers earmarked budget towards in 2019, even ahead of technologies that tend to get more eyeballs, namely IoT and Artificial Intelligence. Store location data has become […]

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Social Media Data Scraping Explained

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Nehal

Challenges and Benefits Social media data is grossly undermined and undervalued. Consumers are often their unabashed selves on these platforms. The data trail they leave behind is absolute gold. It also makes for great research on what the competition is doing. And wherever there is data, there is data scraping. There is so much you […]

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Six Data Resources for Ecommerce Data Scraping

The power of data can’t be overestimated. From the instant messaging platform you use to the picture-sharing app you use; they are all seemingly innocuous and free. But are they really? The real cost of using any of these digital platforms is your personal data. Likewise, with the continuing rise of the e-commerce industry, the […]

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Debunking Ten Web Scraping Myths

Web scraping. Sounds extremely familiar, doesn’t it? There are countless articles written on the web scraping every day. But, how do you tell a great one from a good one? What should you really believe? Given that the world wide web is a goldmine of information, it gets easy to believe what is not entirely […]

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Data and The Competitive Edge it Gives Your Business

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Nehal

Gathering data in 2021 to get a better grip on your consumers (or any of the stakeholders) is not a difficult task. In fact, it has become so easy that you actually run a real danger of having too much data to deal with. Data champion Bernard Marr in an article says: “While the regular […]

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How to Evaluate Web Scraping Services

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Nehal

The world wide web – the entire world and its many wonders is congregated at the tip of your fingertip. But how do you access all relevant data to make an informed decision? Who will do that for you? Web scraping service providers. If you do a quick and simple Google search: web scraping service […]

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How can You Become a Data-Driven Organization?

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Nehal

Data-driven organization seeks to optimize data and its repercussions in way of their daily decision making. They have a thorough process to turn raw numbers into actionable insights and actionable points into raw data again. This vicious circle is what drives these data-driven companies at every level. There is no real dearth of data. But […]

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