So what is a data extraction and why would you automate it? Data extraction or scraping isn’t just searching for the information you need on the Internet. Modern challenges in web economics demand a bigger-scale approach. The amount of data you need to analyze grows exponentially due to a great number of factors. Only by gathering a huge amount of data simultaneously can you mine data and find necessary trends, which will provide new opportunities to your business.

Old-fashioned approaches to finances and economics are already history. Why is fintech getting so popular? It is faster, more accessible, and more flexible. Fintech apps’ appearance was one of the main recent trends in global economics. But what does one need if they want to design their fintech application?

Scientia potentia est – knowledge is power. This ancient saying has been gaining importance throughout the ages. In the age of Information, when all the major human activities are transferred into the Internet and websites seem to be the main platforms for interaction between people and businesses, data analysis is crucial. Nowadays web-scraping as a web data analysis method is widely used by salesmen, politicians, news agencies, gambling lovers, and anyone who is informed about its benefits.

Long-term prospects for your business and immediate reaction to market trends - we acquire it with Dynamic Pricing Software. Active promotion and regular product extension is not all you should focus on by far if you want to get the most out of your eCommerce resource. Ultimately, you should be able to timely react to ever changing market tendencies and adjust your prices accordingly.Usually, you can see with a naked eye that the demand for certain goods is rising and your competitors start to boost prices. This superficial approach, however, can only be efficient if you have no more than a hundred items to manage. So how to go about these things when you have about a thousand or more items? Software tools for adjusting dynamic pricing for the eCommerce website will come in more than handy.

Everything is going online now, from communication to making business, working, and shopping. The advancement of technologies enables businesses to become faster, bigger, broaden abilities and attract more customers. The retail industry has been facing the outcomes of digitalization probably the most. Still, brick-and-mortar shops are having their benefits and people use them more than e-commerce websites. The other side of this issue is an extremely tough competition. To get more clients, businesses have to adjust to the changing consumer habits and for that purpose use the advantages of digital technology. However, the good news is coming – there is the solution and it is the digital transformation in the retail and consumer industry. Yet, it may turn out to be a real challenge, in this article SapientPro development team has outlined the key points you need to know if you want to put your business to a higher level.

Marketplaces provide then buyers with the opportunity to find everything they need in one place instead of time-consuming surfing numerous websites.With such an immense grow of e-commerce retail, investing in this industry is likely to become one of your best decisions. Every Year the e-commerce market is increasing by around 17% and now marketplaces account for nearly half of global online sales. The same as small shops are giving way to large malls, online customers tend to choose marketplace platforms over single-brand e-shops. Why not jump at a chance then and create your own marketplace website? This way you will provide your buyers with the opportunity to find everything they need in one place instead of time-consuming surfing numerous websites. In this article, SapientPro e-commerce team gathered what is important for you to know before building a marketplace website.