Applying web scraping for e-commerce retailers

The rapid growth of e-commerce marketplaces has introduced new opportunities for smaller, emerging retailers to compete with large brands. Designing an optimal pricing and channel strategy across various marketplaces requires a comprehensive view of the market. Current e-commerce market research sol...

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Bibliographic Details
Main Author: Lim, Yi
Other Authors: Jun Zhao
Format: Final Year Project (FYP)
Language:English
Published: Nanyang Technological University 2024
Subjects:
Online Access:https://hdl.handle.net/10356/181139
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author Lim, Yi
author2 Jun Zhao
author_facet Jun Zhao
Lim, Yi
author_sort Lim, Yi
collection NTU
description The rapid growth of e-commerce marketplaces has introduced new opportunities for smaller, emerging retailers to compete with large brands. Designing an optimal pricing and channel strategy across various marketplaces requires a comprehensive view of the market. Current e-commerce market research solutions offer limited success in generating actionable insights for smaller retailers. This project builds on existing solutions, demonstrating the effectiveness of web scraping to extract large amounts of market data for analysis. Using Python web scraping libraries such as Selenium WebDriver and Beautiful Soup, product data was scraped from five major e-commerce marketplaces -- Amazon, ASOS, JDSports, Farfetch, and Footlocker. The scraped data was visualized using Tableau to provide insights in areas including price distribution across marketplaces, competitors' pricing and product strategies, and consumer sentiment. The insights generated provide e-commerce retailers with a comprehensive understanding of marketplace dynamics to determine an optimal pricing and channel strategy. The proposed solution achieves a greater depth of analysis over existing solutions. The advantages of scalability and resource-efficiency makes this project highly applicable to smaller retailers seeking to compete in the e-commerce market.
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spelling ntu-10356/1811392024-11-15T12:50:10Z Applying web scraping for e-commerce retailers Lim, Yi Jun Zhao College of Computing and Data Science junzhao@ntu.edu.sg Computer and Information Science The rapid growth of e-commerce marketplaces has introduced new opportunities for smaller, emerging retailers to compete with large brands. Designing an optimal pricing and channel strategy across various marketplaces requires a comprehensive view of the market. Current e-commerce market research solutions offer limited success in generating actionable insights for smaller retailers. This project builds on existing solutions, demonstrating the effectiveness of web scraping to extract large amounts of market data for analysis. Using Python web scraping libraries such as Selenium WebDriver and Beautiful Soup, product data was scraped from five major e-commerce marketplaces -- Amazon, ASOS, JDSports, Farfetch, and Footlocker. The scraped data was visualized using Tableau to provide insights in areas including price distribution across marketplaces, competitors' pricing and product strategies, and consumer sentiment. The insights generated provide e-commerce retailers with a comprehensive understanding of marketplace dynamics to determine an optimal pricing and channel strategy. The proposed solution achieves a greater depth of analysis over existing solutions. The advantages of scalability and resource-efficiency makes this project highly applicable to smaller retailers seeking to compete in the e-commerce market. Bachelor's degree 2024-11-15T12:50:10Z 2024-11-15T12:50:10Z 2024 Final Year Project (FYP) Lim, Y. (2024). Applying web scraping for e-commerce retailers. Final Year Project (FYP), Nanyang Technological University, Singapore. https://hdl.handle.net/10356/181139 https://hdl.handle.net/10356/181139 en SCSE23-0296 application/pdf Nanyang Technological University
spellingShingle Computer and Information Science
Lim, Yi
Applying web scraping for e-commerce retailers
title Applying web scraping for e-commerce retailers
title_full Applying web scraping for e-commerce retailers
title_fullStr Applying web scraping for e-commerce retailers
title_full_unstemmed Applying web scraping for e-commerce retailers
title_short Applying web scraping for e-commerce retailers
title_sort applying web scraping for e commerce retailers
topic Computer and Information Science
url https://hdl.handle.net/10356/181139
work_keys_str_mv AT limyi applyingwebscrapingforecommerceretailers