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10 Business Ideas That Data Parsing Can Help You Implement

Web scraping is indeed a powerful tool in today’s world. There is an endless stream of data that companies are not using to their advantage. Data is valuable and there are many opportunities for those who understand how to use it .

Without further ado, there are many opportunities for anyone to use data parsing and turn it into a variety of business ideas. There are literally over a hundred ways to use data. However, to introduce you to the best business ideas you can implement right now, we will discuss 10 of the most effective ways to use data.

1. Selling data

Many companies need data and it is very difficult for them to get it. So companies get the information they need by simply buying it from those who sell it. If you can create a list of quality leads for a company, they will pay you well for it.

The community of freelancers involved in this  specific database by industry venture is constantly growing. It is not too late to join them. You can sell product reviews, price history, product ratings, etc.

2. Notification service

This is one of those business ideas that may seem like a  gambler data daunting task if you don’t have access to the data that makes up the core of the service, but you can set up the collection of the necessary information yourself and implement the service based on it.

For example, you could create a simple investment app or site that sends notifications to your customers whenever a stock reaches a certain price. Another idea is to create a service that notifies your users when the prices of certain products drop on any e-commerce site. You’d be surprised at how many people are willing to pay a monthly subscription for this service.

3. Price and feature comparison service

Web scraping can help you get detailed information about a product as well as prices from multiple retailers. Using this data, you can create a website that showcases price comparisons. People are always trying to find the best sellers who sell a specific product at the best price. By satisfying this need, you can have a website that attracts thousands of visitors every month.

4. Sports Data Service

Sports data providers are sites that sell  you have the ability to pool data such as game logs, players, match history, and sports agency data. You can also create a site and sell this information. It is a large market with little competition. The reason for this is that sports data is huge. It can be interpreted differently by different companies for different purposes. For example, sports betting bookmakers use sports data to determine betting odds. This should give you an idea of ​​the possibilities of this business idea.

5. Job aggregators

A job aggregator is a service that combines job postings from different sites into one searchable and easy-to-select online interface. People search for work on the Internet. So, if you can collect job postings from pages of many sites, structure this information, then you can create a site that will help job seekers find a good job. Of course, it is difficult to compete with large players, but you can stand out in a certain niche taking into account the specifics.

6. Real estate websites

Real estate websites are one of the many business ideas that are easy to implement. Detailed information about the property, information about the agent, the price of the property, the profiles of the sellers are just some of the many pieces of information that are searched for on the Internet every day. Similar to a job aggregator, you can collect real estate data to create your service, where you can structure and offer real estate information in a convenient and understandable format.

7. Automobile portal

Parsing can also be used to create an automotive website that displays aggregated lists of cars. To compile a list of cars, you need to set up data collection from certain sources, such as official websites of car companies, dealer websites, auto forums, and other automotive websites. Having all the information about different cars will help your users get up-to-date information or make a choice in favor of a particular car.

8. News site

Yes, it is still a good idea, people are always internating with news. You can create a new website without hiring journalists to find news. Page scraping makes it easy to get news articles from different news sites, it is really easy. Using the news you collect, you can create a website where people read aggregated collections or the news can be rewritten to get unique content.

9. Search engine

Search engines like Google, Yandex, get almost all their data by crawling millions of publicly available websites. Creating your own industry-specific search engine will help many people. It is always difficult to search for specific industry information among the various types of information that Google usually displays. If you create a search engine, say, for lawyers, it will be useful in making their work easier. Many professionals are willing to pay for such a thing.

10. Parsing search results to track SEO indicators

SEO companies rely heavily on web scraping tools. To track their clients’ competitive position or their indexation status, web scraping is necessary. Keyword research tools also use search engine crawlers to find keywords that will lead their users to higher rankings. To implement this SEO metrics monitoring business idea, you can start by helping your clients track their search rankings. It is simple and in demand.

Read also: 10 Free SEO Tools for Website Analysis and Promotion in Search

Got an idea? iDatica is the web scraping tool you need

We have listed 10 business ideas that can be implemented using data scraping. The main question in your head right now is: “Where do I start?” Well, the first step is to get a good web scraping tool. Luckily, iDatica is a great choice, just contact us and tell us about your needs

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