Why Can Residential Proxy Be Used For Price Monitoring

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This paper will deeply discuss the importance of price monitoring and the role of residential proxy in price monitoring.

When you shop online, do you compare prices? By comparing the prices of different merchants to choose the most favorable one, price is a very important factor for consumers to consume. At the same time, in the modern business environment, price monitoring has become an important means for enterprises to formulate and optimize pricing strategies and enhance market competitiveness. At the same time, residential proxy IP, as an advanced network technology, is gradually playing an important role in price monitoring. This paper will deeply discuss the importance of price monitoring and the role of residential proxy in price monitoring.

The importance of price monitoring

 

  1. What is Price monitoring?

Price monitoring is a tool to monitor and analyze the price of products in the market, which can be applied to many fields, including the price monitoring of e-commerce commodities, the dynamic monitoring of the price of important goods and services in the government, and the price management within enterprises. One of the most common is in the field of e-commerce, such as JD has a perfect price monitoring system, users set monitoring goods, expected prices, but once the price arrives or is lower than the expected price will promptly remind consumers to buy. Some systems can also push prices, discounts and other information in real time.

  1. The importance of price monitoring

Price monitoring plays an important role in modern business and consumer life, and its importance can be roughly divided into the following aspects:

(1) For consumers, price monitoring can help them find low prices and promotions in time, so as to make more informed purchasing decisions. By comparing the prices of goods on different platforms, consumers can choose the most favorable platform among them, thus avoiding the payment of excessive prices. Price monitoring can also help consumers find the promotion activities of different platforms, and buy at the most appropriate time, so that they can get the greatest discount. For example, during the e-commerce boom, such as "618" or "Double 11", price monitoring tools can help consumers find the best price among the huge number of goods and improve the shopping experience.

(2) For the management of e-commerce platforms, among many e-commerce platforms, price is a very important factor in marketing consumer choice. Through effective price monitoring, we can understand the commodity prices of different platforms, so as to determine the correct commodity price range and ensure the price stability of the brand. In addition, through price monitoring, we can better understand and control the market price, and effectively avoid the adverse consequences and negative effects of malicious price competition.

  1. Challenges of price monitoring

(1) Bot interception and CAPTCHA verification code Settings, which make it difficult for automated tools to effectively obtain data.

(2) For some small merchants, the cost of purchasing and using price monitoring software is an important consideration, and the maintenance and updating of the technology is also a small expense.

(3) The automatic capture of data for price monitoring may also be affected by the anti-crawling mechanism of the e-commerce platform, resulting in data accuracy problems.

Although merchants face a lot of difficulties and challenges in price monitoring, as long as the technology and strategy are constantly updated, it can effectively help enterprises take a step closer, including residential proxy services.

 

Advantages of residential proxy in price monitoring

The application range of residential proxy IP in price monitoring is very wide, here I often use FlyProxy as an example, to briefly introduce the application of residential proxy in price monitoring.

  1. Bypass the anti-reptile mechanism

As mentioned above, many e-commerce platforms will set up interception mechanisms in order to prevent the access of automated scripts. Ordinary data scraping methods are often difficult to deal with these difficulties, resulting in the failure of data scraping, and even lead to the blocking of accounts in serious cases. The use of residential proxies can bypass the anti-crawling mechanism and simulate the behavior of real users, thus capturing a large amount of data.

2.To achieve multi-region data collection

For price monitoring, it is often necessary to collect price information from various places to facilitate comprehensive market analysis. A good agency service often provides IP addresses from many places in the world, so that data can be collected from all over the world to get a more comprehensive price information.

  1. Price data is more accurate

High-quality residential proxies often provide more stable and better quality IP addresses, which can reduce errors and packet loss in data capture, improve the success rate of data capture, and the price data will be more accurate.

  1. Competitors' prices

All the IP addresses provided by FlyProxy are real. You can use FlyProxy to simulate real user behaviors, visit the e-commerce platforms of competitors regularly, collect and record relevant data, and analyze competitors' bidding strategies and promotional activities, so as to provide reference for your own pricing strategies. For example, you can use the provided IP address to visit the children's clothing store on the Amazon platform, track the price changes of the other party, and adjust your own price range in a timely manner.

How to use residential proxys to realize platform price change monitoring?

Here, the proxy service provided by FlyProxy will be used to capture price change data by taking Amazon platform as an example.

  1. Preliminary preparation

Required Libraries

Make sure you have these Python libraries installed:

requests: For sending HTTP requests.

BeautifulSoup: For parsing HTML content.

pandas: For handling and saving data.

time: For controlling request frequency.

In addition, you need to have an account number for the residential proxy service and obtain the IP and port of the proxy.

 

  1. Set the proxy

 

import requests

from bs4 import BeautifulSoup

import pandas as pd

import time

 

# User-Agent and headers for the request

headers = {

    "User-Agent": "Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/92.0.4515.107 Safari/537.36"

}

 

# Residential proxy settings

proxy = {

    'http': 'http://username:password@proxy_ip:proxy_port',

    'https': 'http://username:password@proxy_ip:proxy_port'

}

 

  1. Send an HTTP request

def get_amazon_price(url):

    try:

        # Send an HTTP request through the proxy

        response = requests.get(url, headers=headers, proxies=proxy)

        response.raise_for_status()  # Check if the request was successful

        

        # Parse the HTML content

        soup = BeautifulSoup(response.text, 'html.parser')

        

        # Find the product title

        title = soup.find(id='productTitle').get_text(strip=True)

        

        # Find the product price (selectors may need adjustment based on the product page)

        price = soup.find('span', {'class': 'a-price-whole'})

        if price:

            price = price.get_text(strip=True)

        else:

            price = "Price not found"

        

        return title, price

    except Exception as e:

        print(f"An error occurred: {e}")

        return None, None

  1. Example product URL

# Example product URL

url = 'https://www.amazon.com/dp/B08N5WRWNW'  # Replace with the actual product URL

 

# Fetch the price

title, price = get_amazon_price(url)

 

if title and price:

    print(f"Product Name: {title}")

print(f"Current Price: ${price}")

  1. Save the data

# Save the data

data = {

    'Title': [title],

    'Price': [price],

    'Timestamp': [pd.Timestamp.now()]

}

 

df = pd.DataFrame(data)

df.to_csv('amazon_price_data.csv', mode='a', header=False, index=False)

 

# Control the request frequency to avoid triggering anti-scraping mechanisms

time.sleep(10)  # Wait 10 seconds before the next request

 

# You can set up a cron job or another scheduler to periodically call this function to track price changes

The above is a simple example of using FlyProxy to monitor the price changes on Amazon's platform. The specific operation changes according to the required demand.

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