According to the latest data from the US BLS (Bureau of Labor Statistics) around 1 in 5 businesses fail in their first year. Given that there are over 33 Million SMBs across the USA alone, this means millions of small businesses are falling down never to recover.
There are many reasons why a business doesn't survive but common causes include low sales and market share, failing to predict market trends and a general lack of research combined with business intelligence.
Collecting relevant information to aid and inform your business isn't just for mega corporations : it's an essential activity for SMBs, to make sure they stay out of the danger zone.
can offer a low-cost and time efficient way to do this. In this guide, you'll explore five ways that your SMB can use web scraping to stay ahead of the competition.
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1. Intelligent Pricing
One of the most popular ways that web scraping can give your business the edge is by gathering information on pricing as well as competitor gap analysis. This is particularly vital for SMBs who often have to operate on razor-thin profit margins.
It stands to reason that a sound pricing strategy underscores your product or service' value, bringing maximum profit per sale without damaging your bottom line.
This means you need to be one of the first to know about...
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Published by: Book Club