As we continue to navigate the changing world digital landscape, businesses have come to rely heavily upon their ability to collect, analyze and utilize large amounts of important data in order to operate their day-to-day functions; measure past performance; and plan for future success. Businesses require current, accurate data information in order to make informed decision-making processes, as well as remain competitive in an ever-changing marketplace.
Increasingly, many organizations are finding that they can leverage web scraping and automated data collection to provide them with the high-value insights needed to compete in a crowded marketplace at scale. The following article will discuss the various methods by which businesses gather important data, the role of modern scraping technology in streamlining and automating the data-gathering process, and ultimately how the collected data can be utilized to produce positive, meaningful results for B2B, B2C target audience
Manual data collection is one of the most obvious and simplest ways to obtain data because it is provided by the people your company interacts with. It can be used to record preferences, expectations, problems and attitudes of those individuals; therefore, manual entry can also assist in identifying problems early and improve customer experiences. Some examples of the ways in which companies use manual entry to gather data include:
Manual entry is valuable for capturing human intent; however, due to the inability of manual entry to scale when companies require continuous or high volume data, digital and automated methods are required.
Behavioral/interactive data refers to what users “do” (not just what they “say”), which is typically passive, consistent, and reflective of actual user behavior across digital platforms. Organizations can use behavioral/interactive data to refine design choices, assess user engagement and evaluate the customer journey in greater detail. Some examples of primary behavioral / interactive information sources are as follows:
Behavioral/Interactive Data represents a factually based, unbiased view of how users behave, and therefore serves as the basis of the majority of organizational decisions relative to user experience, product development, and content strategies.
Organisations create mountains of data in the course of everyday operations. In terms of first-party data, internal operations and transactional data are very accurate and linked to real events. So companies must use internal operations and transactional data to plan, forecast and identify trends within the organization. Examples of internal operations/transactional data sources are:
Internal operations and transactional data form a solid foundation for analysis; however, it only provides an inside-out view of the organization. As a result, companies increasingly rely upon automated and external data collection methods to gather additional data necessary to understand larger market conditions.
Automation allows organisations to collect, clean and structure data as quickly as data is changing in today’s fast paced digital world. Manually collecting data will never be able to keep up with data that is constantly being changed. By using automated systems an organisation can rely on the same process time after time (reliable) and they can limit the amount of people involved in collecting and cleaning the data (minimizing) and increase the quality of the data collected (maximizing). Examples of automation used in data collection and cleaning include:
The use of automation speeds the process of data collection and cleaning, eliminates data entry errors, and ensures consistent data processing across all areas of the organisation.
External data extraction and web scraping is used by many organisations to obtain information from public domains such as; Public Listings, Market Data, Digital Catalogs, Competitor Data, and Industry specific Content. The use of manual data collection is a slow and laborious process which is generally difficult if not impossible to perform at scale. Examples of how organisations use these methods include:
All of these methods provide scale, speed and precision making external data collection a critical capability for any organisation that requires fast and accurate market intelligence.
While gathering data is a very important part of an organisation’s overall success, it is merely the beginning. To turn the raw information into actionable insight, organisations use a structured data processing workflow to convert raw data into usable intelligence. A typical workflow includes the following:
Removing errors & inconsistencies and ensuring that all data is entered with consistency & also all data is displayed with consistency.
Cleaning and normalizing cleaned data into tables, spreadsheets and/or databases for analysis.
Going through structured data for rends, patterns, correlations & operational issues.
Presenting findings in a way that supports decision making.
Implementing insights gained to guide and inform pricing, marketing, product development & operational planning.
This article provided examples of how organisations gather and utilise critical information through user input, behavioural insights, internal systems, automated workflows, and through external data collection via data extraction and data harvesting.
At DataSOS Technologies, we design reliable data pipelines through scalable web scraping, data extraction, and automation solutions. We collect clean, structured information from different digital sources and deliver it in an accessible form for analysis, reporting and strategic application.
Whether you need help with harvesting workflows or complete processing support, our specialists can design a system that’s built for accuracy and reliability. Talk to our data experts today about the data challenges you want solved.