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Zip code-based price benchmarking for retailers
A leading ecommerce platform from United States turned up to
PrompCloud’s cost-effective DaaS solution from manual in-house data
extraction and analysis.
The problem
Company
A leading ecommerce
platform in the United
States.
Along with having an
ecommerce presence,
the firm also has
physical outlets across
the nation.
Context
Client wanted to
aggregate data from
their own ecommerce
platform, and
competitors’ platforms
to improve their pricing
strategy based on
locations.
Problem statement
Provide product and
pricing data extracted
from their website for
the stores based on zip
codes.
A similar requirement
was also provided by the
client for their
competitor platforms.
Challenges deep-dive
Challenge 1
Being an ecommerce
platform, the client sought
complete product and
pricing data from its
outlets spread across
various locations in the
United States.
Challenge 2
Before looking to employ
web crawling services, the
company used to gather
relevant data manually to
perform analysis through
various store outlets and
website using in-house
capabilities.
Challenge 3
The requirements
included extracting data
in an automated manner
for the products on their
ecommerce platform
associated with the
stores across the nation
which were filtered
based on zip codes.
Challenges deep-dive
Challenge 4
Taking zip code-based
data extraction, a similar
data collection process
had to be performed on
competitor ecommerce
sites to extract price and
product data.
Challenge 5
This data was used for
further analysis in
product strategy and
price benchmarking for
the complete product
catalog.
Challenge 6
The client wanted to
deploy PromptCloud’s
web crawling service to
automate the entire data
extraction process based
on zip codes which
should be scalable with
high volume data
requirements.
Solutions
Site-specific crawls were deployed which were based on the
client’s website, pre-specified frequency and data fields.
Some of the key fields are unique serial identifier of a product, product
name, category, URL, crawling timestamp, store location, price, and
inventory stock availability.
1
2
Same process was repeated for competitor websites. It
included data collection for the corresponding fields from
competitor e-commerce platforms.
2
The extracted data from the two executions was delivered to
the client in JSON format via PromptCloud’s REST API.3
Benefits
Customized noise-free
data
Noise-free data was
made available to the
client which helped
them expedite analysis
process and focus on
the improvement of the
pricing strategy
Cut-down on
redundancy since the
client listed out which
stores they wanted to
set crawlers for data
extraction.
No client intervention
was required during the
crawling procedure as
this was completely
automated based on
pre-defined
requirements.
Reduced overhead in
web crawling
Unbiased crawling
procedure
Benefits
Reduced Total Cost of
Ownership
Reduced cost and data
delivery latency by 86%
which helped client roll
out new pricing in
shorter time period.
The schema was
altered as per client’s
request.
Periodic updates and
reports based on the
frequency of crawling
was also delivered
which helped client
streamline their
requirement without
additional charges from
our end.
Flexible deliverables as
per client’s interest
Room for changing
requirements for
deliverables
A Pioneer in Data as a Service
www.promptcloud.com |sales@promptcloud.com

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Zipcode based price benchmarking for retailers

  • 1. Zip code-based price benchmarking for retailers A leading ecommerce platform from United States turned up to PrompCloud’s cost-effective DaaS solution from manual in-house data extraction and analysis.
  • 2. The problem Company A leading ecommerce platform in the United States. Along with having an ecommerce presence, the firm also has physical outlets across the nation. Context Client wanted to aggregate data from their own ecommerce platform, and competitors’ platforms to improve their pricing strategy based on locations. Problem statement Provide product and pricing data extracted from their website for the stores based on zip codes. A similar requirement was also provided by the client for their competitor platforms.
  • 3. Challenges deep-dive Challenge 1 Being an ecommerce platform, the client sought complete product and pricing data from its outlets spread across various locations in the United States. Challenge 2 Before looking to employ web crawling services, the company used to gather relevant data manually to perform analysis through various store outlets and website using in-house capabilities. Challenge 3 The requirements included extracting data in an automated manner for the products on their ecommerce platform associated with the stores across the nation which were filtered based on zip codes.
  • 4. Challenges deep-dive Challenge 4 Taking zip code-based data extraction, a similar data collection process had to be performed on competitor ecommerce sites to extract price and product data. Challenge 5 This data was used for further analysis in product strategy and price benchmarking for the complete product catalog. Challenge 6 The client wanted to deploy PromptCloud’s web crawling service to automate the entire data extraction process based on zip codes which should be scalable with high volume data requirements.
  • 5. Solutions Site-specific crawls were deployed which were based on the client’s website, pre-specified frequency and data fields. Some of the key fields are unique serial identifier of a product, product name, category, URL, crawling timestamp, store location, price, and inventory stock availability. 1 2 Same process was repeated for competitor websites. It included data collection for the corresponding fields from competitor e-commerce platforms. 2 The extracted data from the two executions was delivered to the client in JSON format via PromptCloud’s REST API.3
  • 6. Benefits Customized noise-free data Noise-free data was made available to the client which helped them expedite analysis process and focus on the improvement of the pricing strategy Cut-down on redundancy since the client listed out which stores they wanted to set crawlers for data extraction. No client intervention was required during the crawling procedure as this was completely automated based on pre-defined requirements. Reduced overhead in web crawling Unbiased crawling procedure
  • 7. Benefits Reduced Total Cost of Ownership Reduced cost and data delivery latency by 86% which helped client roll out new pricing in shorter time period. The schema was altered as per client’s request. Periodic updates and reports based on the frequency of crawling was also delivered which helped client streamline their requirement without additional charges from our end. Flexible deliverables as per client’s interest Room for changing requirements for deliverables
  • 8. A Pioneer in Data as a Service www.promptcloud.com |sales@promptcloud.com