The web data dilemma: why customers were forced to say no
Imagine you are a brand analytics provider. You have a customer, a major technology company, seeking competitive intelligence including product and price data from two major electronics retailers. Your customer needs specific on-page product fields — like, say, memory capacity or GPU brand — and the data must be highly accurate.
So far, so straightforward. But here’s the catch – your customer also needs listings from 15 much lesser-known sites.
Ninety percent of the product listings come from those two big sites but your client wants complete coverage.
Typical data feed setup costs at the time averaged $1,500 per site, whether for a large or small site. That could mean a total cost of $22,500 for all 17 sites. With the vast majority of this cost fetching just 10% of the data, the economics of complete coverage can look problematic.