Published on December 12th, 2020 | by Bibhuranjan

Ways In Which Web Scraping Can Improve Your Business

With the increase in the dependency on digital media, entrepreneurs are digitizing and moving more towards the digital aspects of their business. With innovations being made almost every coming day, the importance of data has escalated in the past. In today’s time, data is power, and that is where web scraping with python comes in handy and helps you collect all the relevant data in no time.

Extracting data from the web in the past seemed much similar to extracting data from the books at the library. It required too much manual labour and a ton of time which could be used in running the business. Employers had to hire a team of data researchers to gather the data which definitely cost them a lot. If you are one of those employers, then you know what we are talking about.

But not anymore because a web scraper is what you need to collect data from the web automatically based on all your specifically required characteristics. It is a very special asset to your business. There are three most common and popular ways in which web scraping can help you improve your business. So let us go ahead and jump right into them.

1. Lead Generation

Generating leads is one of the oldest and the most effective marketing tactics used by sales organizations to fill the sales funnel and their pockets with a large sum of profits. With the help of web scraping, you can generate unlimited leads by gathering a list of potential customers by setting in place a specific set of parameters for the web scraper to work with. By the end of the hour, you will have thousands of potential leads with their contact information that would make the marketing job much easier for your direct marketing team. Not only does it save effort but also time and still gets you what you want or should we say more.

2. Price Optimization

In a competitive market, pricing is the key to winning customers over to your side. Customers love both quality and low price, which is why you always need to make sure that your price is in-line with your competitors as it is a primary competitive advantage. But keeping up with all your competitors at all times can be hard, which is where an automated web scraping job comes in handy and does the work for you. Every time the market changes, you will be notified right away, which means no more blind spots for you.

3. Product Optimization

In order to sell your product more, you need to optimize it based on your customers’ reviews and feedback. Only through their sentiments, you can optimize your product to meet their needs more precisely and lure them into making the purchase. But in order to do that you need to gather all the reviews left on your products on different websites. That is a lot of data, and manually doing that would take you days. Web scraping can help you gather it all within a day without any mishaps of any sort.

4. Learn about Target Audience

Web scraping can come in handy when it comes to finding out more about your target audience. Every product is designed to meet the needs of a specific set of individuals. Therefore in order to find out specific traits of your targeted audience, their likes and dislikes, interests, and hobbies, you need a customized web scraper to help you collect all the related data. The more you know about your customers, the more tailored your marketing campaigns can be to lure them into making the purchase. Remember, it is all mind games, so you need to convince them that they need your product using their thoughts, behaviors, hobbies, and interests.

5. Stock Management

As a new business owner, it is often hard to figure out how much stock you need to maintain in your warehouse to meet your initial customers’ needs. Therefore, using a customized web scraper, you can estimate the number of initial customers and get an idea of how much material you will need to manufacture the product. It might seem like basic information, but it will help you prepare for everything that comes your way next.

6. Content Aggregation

Lastly, you need to attract customers to your online store, which is possible via two ways, natural traffic, and directed traffic via ads. Out of two, natural traffic is only possible via SEO optimization, and for that, you need a lot of content. As a new entrepreneur, you might not have any content. But using a web scraper, you can gather content from websites and e-stores similar to yours in your niche to get an idea of what type of content you need to add to your website. In short, you can have your very own content library, accessible at all times to generate more content and ultimately traffic to your business.

Takeaways

Web scraper can be used in various ways by business individuals to have the upper hand in the industry. The key is to think outside the box and use a customized web scraper to get exactly the kind of information you need. Remember, the internet is filled with content. The more you know about your industry, your competitors, and your customers, the more successful your business strategies would be. So what are you waiting for? Start customizing web scrapers for your business.

Cover Photo by Christopher Gower on Unsplash

Tags: business, coding, Python, python web scraping, web scraping

About the Author

Bibhuranjan Editorial Officer, technofaq.org I'm an avid tech enthusiast at heart. I like to mug up on new and exciting developments on science and tech and have a deep love for PC gaming. Other hobbies include writing blog posts, music and DIY projects.