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Competitor pricing involves acquiring pricing information from your competitors and using it to formulate your own pricing strategy. Today, due to the competition in e-commerce you need to know who your competitors are and their rates hence the need for competitor price monitoring services. May be you are wondering how your business will benefit from ...

Data scraping works in three processes so as to be effective. The first step will be pre-processing where a large amount of the required data is collected. The second step is the mining process whereby the data is cleaned up. Errors are corrected and the information is sorted into relevant sections at this stage. The final step is referred to as validation whereby the information is authenticated to make sure that it is indeed information your business can use successfully.