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The best ideas to take advantage of Web Scraping
In today’s world, data has become the most valuable asset. Just by knowing enough about the competition and market trends, competitive decisions can be made that can greatly benefit a company’s growth.
By collecting data, a company is more likely to improve its products. Which in turn attracts more users, generating more data, and so on. That’s Why companies are willing to spend a lot of time and money to acquire this data.
According to The Economist, the world’s most valuable resource is no longer oil, but data.
Even in this day and age, data mining is still done manually in many companies, despite the personnel costs involved. Although more and more companies are adapting to these technologies and understand the importance of automating these processes.
This is where we can take action as developers of these solutions using Web Scraping.
Before continuing, you may not be clear on what Web Scraping refers to. In short, Web Scraping refers to extracting data from a website into a more useful format, such as a spreadsheet.
At the micro-level, web scraping is simply the act of collecting data from the Internet in any form. However, at the macro level, web scraping allows you to collect data in large volumes through the use of bots. The bots, called “crawlers” or “scrapers” analyze the source code of a given web page and organize the data according to some pre-set parameters. They then export that data into a spreadsheet file, a JSON file, or another website. This is how web scraping works. So how do you apply this to your business? What are some ways that Web Scraping can be useful for business purposes?
1. Offering Web Scraping services
If you are ready to develop Web Scrapers, offer this service to make money! Get a website you can scrape and offer this data to someone who might find it valuable.
For example, a gym may be continuously on the lookout for highly qualified trainers. Using your Web Scrapers you can find out who are the best trainers in town and collect information such as rates, contact information, experience, customer reviews, etc.
2. Scraping Reviews
Reviews are important for companies to get to know their customers better. You can create a review collection system with a control panel and analysis.
This way interested companies will be able to check reviews of your products in one place. You can extract reviews from sites like Yelp, Tripadvisor, Trustpilot, etc.
3. Create price comparison websites
People like to save as much as possible when buying a product. That’s why a price comparison website that shows several price options for the same product from different websites sounds quite interesting.
How are you going to make money with this? The answer is with ads and affiliate links. Let other websites advertise their products and services on your site, and you will create a steady source of income.
4. Build an App
One of the many ideas for an app could be dedicated to thrift lovers.
For example, you could consider creating an app that alerts you to price drops on certain websites and products.
5. Sports data service
Sports data service providers are websites that sell sports data, such as player records and match history for each season. You can also create a website for the same purpose. It’s a big market with little competition.
The reason is that sports data is huge, it can be interpreted in various ways by different companies with different objectives. For example, sports bookmakers use sports data to set betting odds.
The first thing we need to have is a Web Scraper. For this, there are two ways to get it.
1. Use dedicated scraping tools that already do all the work for you. The only thing you need to know is how to search and how to work with the information provided by these tools.
Some examples of these tools are ParseHub, Octoparse, Scrapy, etc.
2. Learn how to develop your Scrapers. This will allow you to extract information and work with such data as you see fit because you will have full control of your data.
Web Scraping is not only fun but also very profitable for making money. All you need to get your new Web Scraping career going is a Web Scraper, some proxies, and that’s it!
Happy Scraping! 🤖
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