Online retailers implement thousands and sometimes even millions of price changes every day. Price tracking and price monitoring solutions help various companies keep up with the ever-changing markets and growing consumer price sensitivity. Oxylabs offer advanced web scraping solutions and high-quality proxies to help businesses that provide price monitoring tools smoothly gather fresh, reliable, and ready-to-use publicly available pricing data for their clients.
Challenges you may face:
Adapting to layout changes
Scalability
Geolocation based data
It’s crucial to monitor prices and pricing data like shipping costs or the availability of products to keep up with the ever-changing market. With the help of web scraping solutions like E-Commerce Scraper API or Next-gen Residential Proxies and implementation of actionable price monitoring architecture, companies can effortlessly gather public pricing data and conduct price monitoring for their customers.
Website layouts highly vary from page to page. Different e-commerce sites store product pricing information in different locations, making it complicated to automatically extract prices from product pages, especially if the layouts change constantly.
Possible risks
Usually, a parser cannot adapt to different website layouts so companies need to develop parsers for every single page they want to extract data from. And yet, websites tend to change their existing layouts so parsers require frequent maintenance.
How can we help?
Our solutions provide already parsed data in JSON format. Next-Gen Residential Proxies have an adaptive parsing feature that finds product pricing information regardless of the website layout. E-Commerce Scraper API has an implemented e-commerce parser. Both solutions save companies development time and costs.
The e-commerce market is dynamic and, especially during sale peak times, pricing information may change several times a day. Gathering fresh and accurate information requires tools that can collect large scale data whenever needed. It's one of the most common price tracking challenges but advanced data collection solutions help companies deal with it.
Possible risks
For e-commerce companies, some periods are more intense than others. Depending on seasons, sales, and other factors, sometimes prices change more frequently. Then price scraping intensifies, as companies need up to date information.
How can we help?
With Oxylabs products, it's easy to change the scale of scraping, depending on the needs. Collect as many competitors' prices as required, and be sure that your data is still relevant.
Pricing information varies on different websites, and sometimes depends on geographic location. Even the same provider may change prices depending on a country or currency. Accessing information that is only available from a particular location is a complex challenge for various companies.
Possible risks
The largest e-commerce sites usually provide information based on IP addresses’ location. This way, they make their pricing different for customers from other countries, which means that in order to collect accurate prices, businesses need to use high-quality proxies.
How can we help?
Oxylabs proxy network covers all countries in the world and offers city-level targeting. With high-quality proxies from around the globe, companies can quickly access price intelligence data regardless of location and conduct accurate price monitoring.
Next-Gen Residential Proxies
Next-Gen Residential Proxies is an AI-powered scraping proxy solution that significantly shortens the path between data gathering and data analysis.
Extract public pricing data regardless of website design
Collect information without blocks or CAPTCHAs
Monitor prices around the globe
E-Commerce Scraper API
With E-Commerce Scraper API, quickly access accurate product data from the top 50 e-commerce marketplaces or standalone shops.
Pay only for successfully delivered results
Get real-time highly-localized product data
Collect pricing information at large scale
Added benefits of Next-Gen Residential Proxies
Adaptive parsing
Receive parsed price information from any product page
Wide location coverage
Powered by Oxylabs 100M+ Residential Proxy pool, covers every city in the world
Auto-retry system
The system does not give up until requests are successful
Added benefits of E-Commerce Scraper API
Structured results in JSON format
Receive ready-to-use, structured data in JSON format
Zero maintenance
Forget IP blocks and CAPTCHAs
Highly scalable and customizable
Easy to integrate, supports high volume of requests
* Pay only for pages with a response status code 200 with a body text containing "status": "done".
What is price monitoring?
Price monitoring is the process of collection, processing, and analyzis of the competitors' prices. The purpose of competitor price intelligence is to understand the market, optimize pricing strategies, preserve margins, and increase profits. Businesses monitor pricing data to keep track of the ever-changing market and stay ahead of the competition.
Why is it important to monitor market prices?
The main reason it's crucial to monitor prices is to notice patterns and trends in competitors' prices. Online price intelligence can help businesses understand their competitors' strategies and make their products or services more desirable.
All of our products are covered by Technology Errors & Omissions (Technology E&O) and Cyber Insurance.
Guide to Dynamic Pricing and Data Acquisition
Read all about dynamic pricing for e-commerce companies
E-Commerce Scraper API Quick Start Guide
Find out all you need to know about E-Commerce Scraper API
What are Next-Gen Residential Proxies?
Learn more about this AI-Powered scraping solution
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