Data analysis is a core function for every business department. From inventory managers to finance managers, all executives use data analysis to improve their workflows and make key decisions. Even the strategic planners for businesses choose data analysis as the key to competitive and price intelligence. For all data analysis endeavors of firms, access to quality data is essential. From their own data collected at various business touchpoints to that of the competitors, data is the primary fuel that ignites data analysis.
How do businesses get this data? Web scraping is the go-to method for collecting high-volume, enterprise-grade data.
Web scraping for data analysis is the automated process of extracting data from websites, online platforms, databases, and social media. Price monitoring, competitor tracking, market intelligence, and business analysis are key use cases of web scraping. Businesses extract data from their competitors’ products, including descriptions, promotions, and customer reviews, to gain insights that inform better decision-making.
As web scraping has become a critical function in modern data analysis, businesses must learn how to do it effectively. It requires technical expertise in data scraping tools, proper infrastructure, and adherence to best practices. For reaping the full benefits of web scraping for data analysis, it must be done professionally, systematically, and ethically.
In this article, we’ll explore how to extract and analyze data like a pro.
You may be using Power BI or Tableau for data analysis, or you may be using AI data analytics models. However, all these data analytics tools are powered by ‘data’. Therefore, as data is at the core of data analysis, collecting it is a critical business function. In this context, web scraping is also essential as it is the method of extracting and tabulating data for analysis.
Web scraping (also known as data scraping or web crawling) is the use of custom-built software bots to extract information from websites. The web scraping software market size is projected to exceed $3.52 billion by 2037.
Web scraping is extracting data from the web (websites, webpages, social media pages, listing platforms, e-stores, etc.). This process is carried out by programmed scrapers (bots) that can access websites and scrape the data. These bots send an HTTP request to a target site, retrieve the raw HTML of the pages, and then parse that HTML to grab the specific data points you need (for example, product names and prices on a page).
Web scraping automates what would otherwise be a tedious and time-consuming task of copying and pasting data.
To scrape effectively, you need a basic understanding of how websites deliver content (i.e, Website architecture – HTML, CSS, JS).
Web scraping involves sending the scrapers to target websites to extract text, images, descriptions, prices, or any other data present on the target web pages. Common data points extracted include textual content (product descriptions, prices, headlines, and reviews), numerical data (ratings and stock counts), images (URLs or binary data for photos), and metadata such as links or tags.
In the section below, we outline how to web scrape data for analysis, just as experts do.
You will also need to set up a proper development environment for your scraping project, including the scraper scripts, libraries, and dependencies.
Ready to start scraping?
First, you’ll need the right tools and environment.
Web scraping can be done in virtually any programming language, but Python is the undisputed leader in web scraping due to its simplicity and powerful scraping libraries.
Most data scraping professionals utilize Python with libraries such as Beautiful Soup for parsing HTML, Scrapy for building large-scale crawlers, or Selenium for automating browser interactions.
Next comes the running environment for scrapers. When setting up your environment, consider whether to run scrapers locally or in the cloud.
For small projects, running scrapers on a local server is fine. However, for large-scale scraping, cloud environments are preferred due to their reliability and scalability.
Lastly, set up a proper development environment for your scraping project, including the libraries and dependencies.
For reliable enterprise-grade web scraping, you will need robust web scrapers.
Here are some tips for building scrapers like a pro:
Here are key considerations for responsible scraping:
Using web scraping helps extract valuable insights from the data found online. Whether it's your competitor's websites or third-party databases available online, you can extract insights by scraping them. To minimize efforts, costs, and errors, it is essential to adhere to best practices for web scraping in data analysis.
From building scrapers with the right technical competencies to complying with ethical data extraction guidelines, with the steps mentioned in this article, you can extract and analyze data like a pro.
If you want a data scraping expert to do it for you, connect with AI-powered data scraping services providers at Scraping Intelligence.
Explore our latest content pieces for every industry and audience seeking information about data scraping and advanced tools.
Learn how to extract Google Maps search results without coding using simple tools. Export data like reviews, ratings, and contacts quickly & easily.
Web Scraping Services help retailers solve pricing, inventory & marketing challenges with real-time data insights to boost sales & brand performance.
Find the Best Data Visualization Tools for modern Big Data platforms. Compare Tableau, Power BI, Looker Studio, Qlik Sense & Apache Superset features.
Learn how to build a Trend Analysis Tool with Web Scraping. Gather real-time data, analyze patterns, & enhance market research accuracy with ease.