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It’s been a while since our last post and lots of things happened in The Web Miner secret workshop so, be ready for we are about to launch a tool that should not be missed by no serious marketing department.
The problem we are trying to solve is the fast access to information that is needed to take a decision regarding the course of prices of a whole ecommerce. Just as it is said in entrepreneurship, if you heard it, it’s already to late to start a business with it, we can transcript that for those who set up the price policy of any store. They need to be in contact with the market without a break and to be aware that even for a slight change of their prices the sales could go up and down at an astonishing rate, because in the end if we neglect the rate of trust of users for certain sites or other facilities regarding shipping, all online shops are the same for final consumers.
How was this solved in the past is simple: it was not! Mainly because people were not aware of the advantages that a quick response rate to changes can give to a shop. Also before 2010 the competition between online businesses was not that high so this didn’t became a problem until rather recently.
A thought for the end is that the market will never finish evolving and that ecommerce shops haven’t reached the peak yet, and so, new rules are being added to this industry so better be aware. After all, better safe than sorry!
If you ever tried to use a tool for price comparison between two or more products of different online shops you definitely came in contact with the limitations that were imposed by such platforms. Usually this kind of apps work by periodically crawling a number of sites and periodically updating a certain product/price table. This is not very useful for users who want to choose products from various shops in different geographical areas or from smaller sites that haven’t been crawled by that certain app.
Now, maybe it’s a bit early to talk about the capabilities of this next product but it’s rounding up nice and can be a real help for finite consumers around the world and even for market analysts, and the best part is that it’s completely free, and with no commercials either. PriceAlert wants to be a new solution for measuring prices from various sites. Until now there’s nothing amazing but the technology behind allows users to compare prices on any ecommerce platform all over the world, because unlike other similar platforms limited to a number of well defined shops it uses an algorithm that automatically extracts data like specifications of that certain product or of course price and availability.
For now, only a beta version is available but new features are programmed to come up starting very soon. Useful proprieties like an email alert when a certain price has changed or statistics over the change in price for a period of time will be available, not to mention the capability of exporting the data gathered into various useful formats like excel or CSV.
So we think there’s no reason for you not to check out this interesting new toy and maybe leave a review in case that you feel so. You can find it here at the address //thewebminer.com/pricealert/ and we hope that together we can bring one more interesting tool to the use of people who need it.