Contact information

PromptCloud Inc, 16192 Coastal Highway, Lewes De 19958, Delaware USA 19958

We are available 24/ 7. Call Now. marketing@promptcloud.com

One of the world’s largest consumer packaged goods (CPG) companies, managing a diverse portfolio of over 400 products and operating in 190 countries, sought a solution to monitor competitor pricing trends and optimize its pricing strategies. The rise of eCommerce platforms such as Amazon, Walmart, and Flipkart made it imperative for the company to track competitor pricing in real-time to stay competitive and maximize profitability. The brand turned to AI-driven web scraping to extract, analyze, and act on pricing data dynamically.

Business Challenges

With a vast portfolio of products sold across 500+ online marketplaces, the company faced multiple challenges in maintaining pricing competitiveness:

  • Real-Time Price Fluctuations: Competitor prices frequently changed due to discounts, promotions, and seasonal demand shifts.

  • Lack of Pricing Transparency: The absence of structured competitor pricing data made it difficult to track trends effectively.

  • MAP Violations: Unauthorized sellers offering lower prices risked harming brand integrity and pricing consistency.

  • Strategic Pricing Optimization: The brand required automated price tracking to adjust its pricing strategies dynamically and maintain profitability.

Requirements:

To extract data from over 500 online marketplaces for the client and its competitor products on a daily basis. This requires a large-scale crawling and data extraction of over 8000 pages across the internet.

Duration:
Ongoing (more than 2 years now)

Type of Service:
Custom web scrawling

Related Use Cases

Use Case
Amazon Product Sales Data

Ecommerce Data Feeds for Real Time Pricing

Read More 

Use Case

Scrape Product Data from Fashion sites

Read More

Use Case

Amazon Product Crawler

Read More

Solutions Offered

PromptCloud deployed a custom web scraping and data intelligence solution to extract and analyze competitor pricing data in real-time. The solution provided a scalable and automated approach to ensure continuous monitoring and actionable insights.

Key Features of the Solution:

  1. Real-Time Competitor Price Monitoring:

    • Scraped pricing data from 500+ online marketplaces daily.

    • Monitored price changes on over 8000 product listings.

    • Provided historical price trends and real-time alerts on competitor price shifts.

  2. Dynamic Pricing Insights & Strategy Optimization:

    • Identified pricing patterns based on time of day, seasonality, and promotional offers.

    • Helped the company fine-tune its discounting and promotional strategies.

    • Provided automated price adjustment recommendations to stay competitive.

  3. MAP Compliance & Unauthorized Seller Detection:

    • Identified unauthorized sellers violating Minimum Advertised Price (MAP) policies.

    • Automated alerts for pricing violations and unauthorized discounts.

    • Improved brand integrity by enforcing consistent pricing.

  4. Custom Analytics Dashboard for Business Intelligence:

    • Offered an interactive dashboard with real-time pricing data visualization.

    • Enabled custom reporting for pricing managers to make data-driven decisions.

    • Provided forecasting models to predict competitor pricing trends.

Business impact 

The deployment of PromptCloud’s AI-powered web scraping solution led to significant competitive advantages and tangible business impact:

  • 25% improvement in pricing competitiveness through dynamic pricing adjustments.

  • 50% reduction in manual effort for price tracking and competitor analysis.

  • 20% increase in profit margins by optimizing product pricing based on competitor trends.

  • Automated enforcement of MAP compliance, reducing revenue losses from unauthorized price drops.

  • Faster decision-making with real-time insights into market pricing trends.

  • Enhanced promotional strategies, leading to increased customer conversions.

By leveraging AI-powered web scraping for competitor price monitoring, the CPG company successfully enhanced its pricing intelligence, market competitiveness, and profitability. The ability to track competitor price movements in real-time allowed for data-driven pricing adjustments, ensuring the brand remained strategically positioned in the market. PromptCloud’s solution provided a scalable, automated, and insight-driven approach, delivering sustainable business growth in the digital commerce space.

Recommended

Are you looking for a custom data extraction service?

Contact Us