Tony Paul
How to Build an Amazon Price Tracker using Python
Everybody loves to get their products on amazon at their lowest prices. I have a bucket list full of electronic gadgets that I am waiting...
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Datahut Blog
A blog for people & companies looking to make a big business impact with data acquired using web scraping and web crawling. Learn the best practices, business use cases, legality, and how you can do your job better with data.
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Tony Paul
- May 20, 2021
- 11 min
Predatory Pricing of eCommerce companies in the pulse oximeter category: Data & Insights
With the emergence of the COVID-19 pandemic, the market for medical equipment for at-home health monitoring has witnessed a boom. One of...
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Bhagyeshwari Chauhan
- May 12, 2021
- 6 min
The Indian Washing Machine Market: Product Category Analysis and Insights
The Indian washing machines market is expected to grow between 3 - 4 CAGR from 2021 to 2025. For a country with over a billion people,...
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Srishti Saha
- Apr 27, 2021
- 6 min
How to Scrape Product Information from Walmart using Python beautifulsoup
Walmart is a leading retailer. It has both an online store and brick-and-mortar stores across the world. With a large variety of products...
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Fiona Mathews
- Dec 8, 2020
- 4 min
It’s the Season to Get Holiday Pricing Right!
To say a lot has changed this year would be an understatement. The pandemic has globally affected consumer spending across all income brackets. Moreover, an increasing number of customers are choosing to shop online rather than shopping at brick and mortar stores. Holiday forecasts predict that 30% of all 2020 holiday sales will happen online (vs. last year’s 23%). Retailers need to step up their holiday pricing strategies to make the most of this holiday season. Before you b
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Bhagyeshwari Chauhan
- Oct 27, 2020
- 6 min
5 Major Challenges That Make Amazon Data Scraping Painful
Amazon has been on the cutting edge of collecting, storing, and analyzing a large amount of data. Be it customer data, product information, data about retailers, or even information on the general market trends. Since Amazon is one of the largest e-commerce websites, a lot of analysts and firms depend on the data extracted from here to derive actionable insights. The growing e-commerce industry demands sophisticated analytical techniques to predict market trends, study custom
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Fiona Mathews
- Sep 8, 2020
- 6 min
The Retailer’s Guide to Price Optimization Solutions to Increase Profits
Pricing is actually very simple. Customers will not pay literally a penny more than the true value of the product. ~ Ron Johnson, former CEO of J. C. Penney The ideal price is an ever-moving target. Pinpointing the true value of a product depends on several internal and external factors. Cost, brand value, promotional activity, product life cycle, competition, target consumers, government policies and economic conditions – all of this affect pricing. So, developing a price op
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Sakshi Ragini
- Feb 28, 2020
- 6 min
How To Be an Effective E-Commerce Category Manager
The contemporary market has a tremendous inflow of products and services. The key to making the most out of these products is category management. It is the art of grouping substitutable products together. Your brand’s effectiveness improves manifolds if you have a category manager. This process, in return, helps you achieve the desired impact on both your customers and the stakeholders. What is Category Management? Category management is the concept that has taken the retail
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Srishti Saha
- Jul 2, 2019
- 9 min
12 Essential Key Metrics That E-commerce Businesses Must Track
Online retail or e-commerce has become a new playing arena for many companies. A lot of major e-commerce sites monitor some key indicators and metrics to study their performance against the overall trend in the industry and the market. These key metrics when used collectively, can help you study the behaviour of your customer, market trends and even product and supply chain performance. If you need a well-performing e-commerce site, you need to track all these metrics and der
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Srishti Saha
- Dec 24, 2018
- 6 min
The Economy of the Web Scraping Industry
The web scraping industry is penetrating every other industrial vertical. With the large volumes of data available for multiple purposes, this tool is gaining more popularity than ever before. It is only fair to know the economics of this industry. It will help you understand the dynamics of this tool, how it affects your business functions and what else it can be used for. We shall try to cover some of the economic aspects of web scraping in this article. The Economy of Web
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Rupal Mishra
- Aug 6, 2018
- 5 min
How to Use Predictive Analytics to Prevent Customer Problems Before they Arise
Prevention is better than cure. An important point to consider for a successful business is forecasting problems before they arise and act accordingly on the solution to further prevent losses a company may incur. Businesses have to take risks and suffer mishappenings if their customers pull out of a plan or scheme or return the newly based product. An example is the digital telephone industry. This industry often witnesses a certain number of users return their products with
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Anmol Chawla
- Jul 26, 2018
- 4 min
Big Data Analytics and the New Age of Retailing
Big Data analytics is the new goldmine. If we take a good look at the past year, we will see how technology has helped retailers overcome the challenge of e-commerce. Through data insights and tracing consumer behavior patterns, retailers have been able to effectively execute marketing campaigns to meet the ever-rising expectations of consumers. The core element of this digital transformation is big data analytics, which has placed a paramount role in the transformation and
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Bhagyeshwari Chauhan
- Jul 4, 2018
- 4 min
How Adidas’ Focus on Data-Driven Growth Has Led to its Burgeoning Rise
The Fourth Industrial Revolution is here and it’s all about the digital world. With the exponential growth of data and internet connectivity, brands are rapidly moving towards consumer-first mindset, with digital as its backbone. But how does a brand get to a point where it’s thinking is not only a part of brand philosophy but is also put into action? At Adidas, it starts with digital. One word that encapsulates Adidas’s spirit is performance. Performance on the field, in the
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Bhagyeshwari Chauhan
- Jun 26, 2018
- 6 min
Chatbots for Retail: How retailers are using chatbots to boost customer engagement
In present age, technology is developing at a pace faster than our ability to keep up with it. With technologies like embedded analytics and web scraping, the marketplace has now become a lot more competitive than it was 50 years ago. Retailers have been exploring newer technologies to build competitiveness and woo customers. But implementing a new technology is not an easy task. It requires a huge amount of resources and commitment to function effectively for your business.
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Bhagyeshwari Chauhan
- Jun 3, 2018
- 5 min
Robotics in Retail: How Robotics is Transforming the Future of Retail
When the age of industrialization kicked in a couple of centuries ago, peoples lives were disrupted by the speed and efficiency machines brought in. Automation was a concept that then saw more skepticism than trust. Once the phase of digitization was coupled with the industrial revolution, there has been a surge of innovation, cutting-edge technologies and automation techniques being used across industries. The retail industry has evolved over time and has been subjected to i
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Bhagyeshwari Chauhan
- May 20, 2018
- 3 min
Walmart Acquires Flipkart: Impact on the Retail Industry and Consumers
Earlier last week, the Indian retail scenario saw a major transformation with an acquisition that involved one of the biggest players in the Indian e-commerce industry and the largest retailer. On 10th May, almost everyone across various areas of interest was talking about, what is deemed to be the biggest e-commerce deal. Post 20 months of conversation, Walmart Inc. has successfully concluded by picking up a 77% stake in Flipkart for $16 billion. With the share that high and
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Tony Paul
- May 9, 2018
- 4 min
How Web Scraping Can be used to Automate Dropshipping
Over the past two decades, the internet has evolved from a geek’s work to a common man’s daily functioning tool for pretty much everything. Widespread usage of the internet has not only simplified day to day functioning but has also opened new avenues of possibilities one couldn’t’ imagine before. One sector that’s been tremendously affected is Retail. Since the beginning of time, people have been selling. While the process has undergone a drastic transformation in the last m
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Bhagyeshwari Chauhan
- Apr 4, 2018
- 3 min
How 2018 will Usher in the Next Disruption in Online Shopping
Humans are a creature of habit. We love our habits, but we also like them challenged. Whenever the market presents a new toy for the customer to play with, we are only awed by it for some time before integrating it into our daily lives. And so, every once in a while we like something new and shiny to catch our eye and break us away from the monotony of the world we live. The same applies to Online Shopping. Every once in a while, retailers need to present a new form of disrup
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Bhagyeshwari Chauhan
- Mar 26, 2018
- 3 min
How Walmart uses Big Data to tremendously improve Retail Decision Making
We often tend to believe that anything that is more than a few decades old must be outdated and not caught up with the rest of the world. On the contrary, Walmart, which was founded in 1962, is still updating themselves to cutting-edge, technology when it comes to retail decision making and customer experiences, using machine learning, internet of things and big data analytics. That’s very fast forward for someone born almost five decades ago. Being one of the biggest retaile
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Bhagyeshwari Chauhan
- Mar 12, 2018
- 2 min
How Can Big Data Analytics Enhance the Demand-Supply Cycle in Retail
There has virtually been no sector in the market today that has been left untouched by the wave of big data analytics. Every process of a business has been automated and made efficient. One such process which is an essential part of every e-commerce industry is the optimization of the Demand-Supply cycle. In 2017, a report was published about the importance of analytics in supply chain management by a renowned research and consulting company. The report included a survey wher
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Bhagyeshwari Chauhan
- Feb 26, 2018
- 3 min
5 Retail Tech Trends to Expect in 2018
2017 had proven to be a golden year for big data. Not only the systems that supported large volumes of structured and unstructured data continued to rise but also the market started demanding platforms that helped data custodians govern and secure big data while empowering end users to analyze that data. As big data became more vast and approachable by everyone, various trends became to emerge that started driving the way the market functioned. Big data was used in retail, to
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Bhagyeshwari Chauhan
- Feb 21, 2018
- 3 min
The Future of E-Commerce is Augmented Reality: How AR Will Reshape Shopping in the Future
Before Pokémon Go came out, no one could fathom the power of Augmented Reality in their own hands. We all knew that AR was the fancy new technology that every major tech giant was plunging into. But little did we know that this futuristic technology is will sooner turn into a reality. The most significant move was made by Apple which released an ARKit to steer realistic user experiences. This is followed by ARCore from Google. On the other hand, hardware companies are competi
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Bhagyeshwari Chauhan
- Dec 26, 2017
- 3 min
Next Best Offer: Predicting Your Customer’s Wants Before They Do
Try to sell the same kind of soap to different people and you will fail miserably. Today’s market doesn’t work on the mass sell approach. The consumers are anyway frustrated with the generic offers they see on every platform. These lazy marketing techniques not only require a lot of investment but are low on impact and impression creation. Companies today are focusing more and more on interactions that are personalized and relevant, based on a consumer’s needs and preferences
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Bhagyeshwari Chauhan
- Dec 8, 2017
- 3 min
How Retailers Can Use Web Scraping to Improve Conversions
We all love talking. We chat about the weather, discuss the inflation rates; complaint about the nanny never making it on time and sometimes we just talk to pass time. But these conversations aren’t idle gossips when done right, they are a gold mine. When you and the local shopkeeper near your house share antics and a hearty laugh; he has scored himself a loyal customer right there. He is already ahead of all those 88% of the businesses out there. Conversions are the life of
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