Building a Product Value Predictor

It’s no secret that, at least in ecommerce, companies constantly monitor each other for any potential way to generate additional revenue. Data applications like dynamic pricing are a popular form of competition, but they don’t exhaust the possibilities. Expanding the way data extraction algorithms work for dynamic pricing can provide enough information to garner insights about competitor-specific products. Introducing new products into the inventory is nearly always somewhat risky, however, with web scraping and data, they can be minimized by figuring out which ones are the most promising. Dynamic pricing systems Dynamic pricing is based on a simple approach -…...