Web scraping is taking the world by storm, becoming super popular across various industries. A journal published by American Marketing Associations states that 59% of the 300 articles associated with the top 5 marketing journals use data scraping to capture and describe evolving marketplace realities.
This powerful technique has become the go-to method for gathering valuable data and insights from the internet. For good reasons, businesses, researchers, analysts, and individuals are all hopping on the web scraping bandwagon!
In this article, we will touch upon some fascinating 2023 real-world examples and use cases of web scraping.
By the end, you’ll get many ideas you can build yourself and better understand just how versatile web scraping is.
Let’s dive right in!
Table of Contents
What Is Web Scraping for Price Monitoring and Comparison
Price monitoring and comparison is tracking and comparing the prices of products or services in the market.
Businesses and consumers use this strategy to stay competitive and make informed decisions. This information enables companies/service providers to maintain their market position, optimize pricing strategies, and drive more sales.
Web scrapers for price monitoring are widely used. Gathering information about the price (aka price scraping) not only fills in data gaps for researchers but also allows businesses to stay up-to-date with the competition. A startup can gain insights and make valuable marketing decisions to boost its share. If a scraped website has legal issues, such as in the Terms of Service, that site can be sued.
For instance, take the travel industry. Websites like Expedia or Kayak rely on web scraping to gather pricing information from airlines, hotels, and car rental companies. Web scrapers help them provide users with the best deals available.
E-commerce businesses use web scraping to monitor competitor pricing and adjust prices
In this study published in the International Journal of Innovative Research in Technology (here’s a PDF link), the authors talked about how Amazon became a leader in its industry by “using web scraping and continued price monitoring” to have competitive pricing.
Market Research and Competitor Analysis
Let’s talk about how web scraping is a secret weapon in market research and competitor analysis.
Businesses use it to understand their target audience, identify trends, and keep up with what their competitors do.
By collecting and analyzing data from various online sources, businesses can gain insights that help them make better decisions and stay ahead.
You can collect valuable data like product descriptions, customer experience and reviews, social media sentiment analysis, marketing campaigns, website traffic, and SEO strategies. Public information can be scraped and analyzed for customer service, your individual or business needs.
One example is the fashion industry, where brands can use web scraping to analyze trending styles and colors from social media platforms, blogs, and e-commerce sites.
All this information helps them stay on top of fashion trends and tailor their product offerings accordingly.
Another example comes from the world of startups, where entrepreneurs can use web scraping to analyze competitors’ websites and social media presence, giving them a better understanding of the market and their competition.
Not only does this intel help them make their strategies, but it also lets them carve out a niche in the market.
One great example is Zara, where more than 300+ designers scrape the market to figure out the competition and stand along with the users’ actual requirements regarding their budget. This insight allowed Zara to maintain a smooth supply chain, ultimately giving it the edge over its competitors. In today’s technological age, it’s all about Big Data, which Zara seems to have mastered.
Read more from our Web Scraping Series:
- The fundamental tools, techniques, and best practices for web scraping
- Introduction to Python as a powerful language for web scraping
- Web Scraping Tools and Services: A Comprehensive Review
- Common Challenges and Use Cases in Web Scraping
Sentiment Analysis and Social Media Monitoring
We live in the digital media age, making sentiment analysis and monitoring super important. They help businesses understand how consumers feel about their products, services, or brand in general.
Data-driven companies are estimated to be 19 times more likely to be profitable and are 52% better at understanding their customers.
No matter how you argue with it, emotions influence even the B2B market. These sentiments/emotions can be as simple as seeing a personal benefit or loyalty to a company.
Companies can gain valuable insights and address customer concerns by being active on social media platforms, forums, and review sites.
Web scraping can help you collect and aggregate data from various social networking site sources, such as tweets, Facebook posts and short videos, Instagram stories and comments, and reviews on websites like Yelp or Amazon. You can also use social listening tools for popular social media platforms to gain new insights in real time.
Once you gather this data, use natural language processing techniques to analyze the sentiment and identify trends or patterns.
The use of sentiment analysis and social media monitoring is widely popular in the entertainment industry.
Movie studios and streaming services can use web scraping to collect user base reactions and reviews from social media and other platforms. With all this intel, they can gauge the success of a movie or TV show and make better decisions for future projects.
Another example comes from the world of politics, where web scraping can be used to monitor public sentiment and opinions on social media. This information can help political campaigns adjust their messaging and strategies, work on PR, and attract more followers.
Let’s take the example of Gillette.
Here is Gillette’s YouGov BrandIndex Score showcasing the consumer’s sentiment towards the company:
After experiencing negative feedback on one of its videos in 2019, its YouGov BrandIndex buzz score dropped by about 6 points. Gillette had to do something to build trust again. They carried out a full-fledged sentimental analysis and launched a new campaign called “#MyBestSelf.”
This helped them tackle the negative buzz score and gave them a positive public reaction.
Job Aggregation and Talent Sourcing
Job aggregation is all about collecting job listings from various sources and consolidating them in one place, making it easier for job seekers to find opportunities.
On the other hand, talent sourcing is when recruiters and HR professionals use web scraping to find potential candidates by collecting data from job boards, social media platforms, and professional networking sites.
If you are a recruiter, you can quickly identify and reach out to potential candidates, streamlining the recruitment process and increasing the chances of finding the right fit for open positions.
A classic example of web scraping is job search websites like LinkUp, which use web scrapers to aggregate job listings from various company websites, job boards, and other sources. This way, job seekers can access a wide range of opportunities all in one place.
It’s also interesting to note that many job platforms like Indeed started as job aggregators and later expanded into the job board we know today. However, it still uses some web scraping to grow further.
Another famous example is LinkedIn, which, besides its networking features, can be used by recruiters to scrape user profiles for relevant skills, experience, and qualifications.
Hired is also an online marketplace connecting tech experts with hiring companies.
The website uses job aggregation, as described above, to build its database of jobs and candidates.
Machine learning is responsible for matching these jobs/requirements with the qualifications and preferences of their potential candidates. Combining these two powerful tools allows the website to provide fast and effective service to employers and workers.
News Aggregation and Content Curation
In today’s world, we are constantly bombarded with information of all sorts, and here the need for news aggregation and content curation emerges. You don’t have to read endless articles and sources to get the desired information.
By consolidating news stories, blog posts, and other content into a single, organized platform, you can quickly access the information you seek.
Web scraping is a fantastic tool for gathering and organizing content for news aggregation and content curation. Web scrapers automatically extract headlines, article summaries, and other relevant data from various news websites, blogs, and other online sources.
Once the data is collected, you can organize and present it, making it easy for people to stay informed about their interests.
A well-known example of content curation platforms is Google News, which uses web scraping to aggregate news articles from different sources based on users’ preferences and interests.
Doing this provides a personalized news experience, making it easier for users to find and consume the content that matters to them.
Another example is platforms that curate content, like Pocket and Flipboard. They use web scraping to collect articles, blog posts, and other content from various sources. These platforms allow users to save, organize, and share the most engaging content, creating a personalized reading experience.
Other Notable Use Cases and Examples
Web scraping has many applications beyond the ones we’ve already discussed. Let’s briefly touch on a few more notable use cases:
Businesses can use web scraping to collect contact information and other relevant data about potential customers from online directories, social media platforms, and websites.
Targeted marketing campaigns and new leads are created using this intel.
Researchers can use web scraping to gather data from online sources like news websites, scientific journals, and social media platforms for various purposes.
This can help them identify trends, analyze patterns, and draw conclusions that can contribute to their field of study.
Web scraping collects information about property listings, market trends, and pricing data from various real estate websites.
This information can help real estate professionals make informed decisions about property investments and better serve their clients.
Stock Market Analysis
Financial analysts can use web scraping to gather data from financial websites, news articles, and social media platforms to analyze stock market trends, monitor company performance, and make data-driven investment decisions.
Machine Learning and Artificial Intelligence
Web scraping can gather vast data for machine learning models and AI algorithms.
This data can help train these models to perform tasks like image recognition, natural language processing, and recommendation systems more accurately and efficiently.
These examples only scratch the surface of how vast the uses of web scraping are across different industries and applications.
Conclusion on What Is Web Scraping in 2023
As we’ve seen, web scraping is an incredibly versatile and effective tool that spans various industries and applications.
From price monitoring and market research to sentiment analysis and content curation, web scraping has proven valuable in collecting and organizing data from the vast digital landscape.
The potential for web scraping to drive data-driven decision-making cannot be overstated. With the power to collect and analyze large amounts of data quickly and efficiently, businesses and individuals can make more informed decisions, identify opportunities, and stay ahead of the competition. Data is king today, and web scraping is crucial for harnessing its power.
So, what are you waiting for?
We encourage you to explore the possibilities of web scraping in your respective fields. Whether you’re looking to gain insights, improve your processes, or stay informed, web scraping might be the solution to level up your game in our increasingly connected and data-driven world.
Stay tuned for more and download GoLogin to scrape even the most advanced web pages yourself!