Web Extraction Tools the Ultimate Data Collection Approach

Web Extraction Tools the Ultimate Data Collection Approach

. Collecting data manually or by hand is not even close to being as effective or efficient.

The Internet is powered by information and data. There is a massive amount of information available on the web that can help nearly any business. However, finding the necessary data, grabbing the information and then inserting it into a file is a labor intensive process at best.

A business may require current prime rates from the large banks, competitor's current stock and pricing, a list of local businesses of a particular type or any other imaginable type of information. Collecting this data by hand from an html page is normally too expensive and certainly time consuming. The web extraction tools can go to a site pull the pertinent pages or figures, then put them into a CSV or spread sheet so they are usable.

Online catalogues extracted from retailers can help an e-commerce merchant or a local retail store decide how to price their own products to remain competitive. If a particular merchant sells a hand-crafted product, data freely presented by other merchants on the web can help them decide what items to stock up on, what are hot sellers and what may sit on the shelf.

Naturally data extracted has to be analyzed and assessed since some products may sell in one area and not in another. In this highly competitive global market, information is the foundation of profit. RSS feeds are a time-saver, but when several feeds must be compared, a web extraction tool can be the key to accuracy and time-saving.

Sites that provide services such as an aggregated list of businesses organized geographically, such as for restaurant listings, service providers or local merchants, may find data extraction tools a lifesaver.

There are billions of pages on the internet with freely available data that can give an online or local business the accurate and up-to-the-minute data they need. Getting it into a useable file where the data can be analyzed is not easy. Web data extractors eliminate much of the pain from this process and cut down the time required to accumulate the necessary data.

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