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Dropping Pricing Advantage Of Amazon In Recent Holiday Seasons.

Feb 08, 2023
Dropping-Pricing-Advantage-Of-Amazon-In-Recent-Holiday-Seasons

The pricing advantage of Amazon has dropped in significant categories as compared to the previous year recently.

During the holiday season, retail season gears up as usual for the annual stampede. As per the reports published by a few renowned firms, it was observed that Amazon's historical pricing advantage was deteriorating. Further, according to the research, during the October-November season of 2019, Amazon beat competitors' prices to attract more customers by about 80% in most categories. But it was not the case in the following year; in November 2020, the percentage dropped to 74%. We studied it for 4 major categories for which we had pricing data from the Amazon website and a few of Amazon's competitors.

Amazon's Pricing Advantage Has Dropped In Major Categories

Amazon's-Pricing-Advantage-Has-Dropped-In-Major-Categories

Amazon is known for aggressive pricing strategies. But it has declined recently due to increasing competition. Conversely, one category was positive, with an increase in product percentage to beat the competitor's price by a small margin. The category was entertainment, movies, video games, and music.

This shift could attribute to the repercussions of the COVID pandemic. As per observations, Amazon couldn't beat competitor's to their set benchmark due to the increasing market share of competitors, consumer behavior, government legislation, and many more reasons.

We are indeed observing a great battle in the eCommerce industry. Want to be part of the battle? Contact Product Data Scrape to get the data of your competitors, use price intelligence, and beat your competitors.

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Choose Product Data Scrape for Retail Data scraping to access accurate data, enhance decision-making, and boost your online sales strategy.

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With our Retail data scraping services, you gain reliable insights that empower you to make informed decisions based on accurate product data.

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We help you extract Retail Data product data efficiently, streamlining your processes to ensure timely access to crucial market information.

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Price Optimization

Our Retail Data price monitoring tools enable you to stay competitive by adjusting prices dynamically, attracting customers while maximizing your profits effectively.

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Process

How We Scrape E-Commerce Data?

Identify-Target-Websites
01

Identify Target Websites

Begin by selecting the e-commerce websites you want to scrape, focusing on those that provide the most valuable data for your needs.

Select-Data-Points
02

Select Data Points

Determine the specific data points to extract, such as product names, prices, descriptions, and reviews, to ensure comprehensive insights.

Use-Scraping-Tools
03

Use Scraping Tools

Utilize web scraping tools or libraries to automate the data extraction process, ensuring efficiency and accuracy in gathering the desired information.

Data-Cleaning
04

Data Cleaning

After extraction, clean the data to remove duplicates and irrelevant information, ensuring that the dataset is organized and useful for analysis.

Analyze-Extracted-Data
05

Analyze Extracted Data

Once cleaned, analyze the extracted e-commerce data to gain insights, identify trends, and make informed decisions that enhance your strategy.

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“I used Product Data Scrape to extract Walmart fashion product data, and the results were outstanding. Real-time insights into pricing, trends, and inventory helped me refine my strategy and achieve a 6X increase in conversions. It gave me the competitive edge I needed in the fashion category.”

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“Through Kroger sales data extraction with Product Data Scrape, we unlocked actionable pricing and promotion insights, achieving a 7X Sales Velocity Boost while maximizing conversions and driving sustainable growth.”

"By using Product Data Scrape to scrape GoPuff prices data, we accelerated our pricing decisions by 4X, improving margins and customer satisfaction."

"Implementing liquor data scraping allowed us to track competitor offerings and optimize assortments. Within three quarters, we achieved a 3X improvement in sales!"

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FAQs

E-Commerce Data Scraping FAQs

Our E-commerce data scraping FAQs provide clear answers to common questions, helping you understand the process and its benefits effectively.

E-commerce scraping services are automated solutions that gather product data from online retailers, providing businesses with valuable insights for decision-making and competitive analysis.

We use advanced web scraping tools to extract e-commerce product data, capturing essential information like prices, descriptions, and availability from multiple sources.

E-commerce data scraping involves collecting data from online platforms to analyze trends and gain insights, helping businesses improve strategies and optimize operations effectively.

E-commerce price monitoring tracks product prices across various platforms in real time, enabling businesses to adjust pricing strategies based on market conditions and competitor actions.

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