Transforming Web Data from Unstructured to Structured

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*Originally published on the Quad Analytix Blog At first blush, it seems like data analytics is simply collecting and analyzing loads of information, but there’s actually a lot that happens in between. There’s a whole progression to it: on a broad level, the data analytics workflow generally follows a process called ETL (Extract, Transform, Load), where data is… Extracted—in our case, obtained from various retail websites Transformed—cleaned, normalized, checked for accuracy and consistency to get the data into analyzable form Loaded into…

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How Price Testing Enables Retailers to Make Smarter Decisions

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The ability to price effectively is becoming a core competency needed in the retail industry in order to maintain a sustainable competitive advantage. It’s the reality in such a saturated market with increasingly sophisticated competitors. Pricing strategy is a unique part of online retail because the same strategy won’t necessarily work across the board. Why? First, there isn’t one magical pricing strategy that works for all retailers. Second, one pricing strategy doesn’t always work across all of a retailer’s SKUs.…

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Conquer Data-Driven Retail in 6 Steps

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Data is everywhere, especially because of the internet. Did you know that from 2005 to 2020, the amount of data in the world will grow over 300 times to about 40 trillion gigabytes? It presents a plethora of opportunities for business professionals, like online retailers. Data answers questions that keep retailers up at night, like “how should I price my products?” The eCommerce landscape is full of obstacles that are easier to get over with data. But how do you…

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How Electronics Retailers Can Improve Inventory Management Before the Holidays

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The holiday season is the grand stage where electronics retailers can’t afford to fail. One of the best ways to prepare for it is to have a good inventory management strategy. How can you get your strategy  ready in time? Worry not. Here are tips you can apply now to help you improve your inventory management before the holidays.  Strategies to Improve Inventory Management Shift to Cloud In recent years, the usage of cloud software has grown significantly. According to…

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Get Big Results From Big Data With Wiser’s New eBook

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What is big data? Some say that it is “the oil of the 21st century” while others call it “the new soil.” Whatever it may be, one thing is certain, it is constantly growing and it doesn’t seem like it’s going to stop any time soon. Big data consists of extremely large data sets that may be analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions. Human behavior and interactions are invaluable in retail,…

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