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According to Nasdaq, 95% of purchases will happen online by 2040. With the boost of online shopping and how its become really competitive, we are going to talk about how you can leverage data extraction to grow your ecommerce business. What is data extraction? Data extraction is the process of fetching data from websites directly into various formats for further data processing and analysis. So how can one make good use of data extraction to boost sales? Data extraction in eCommerce: 4 ways to stay ahead of the game Optimize pricing - track and monitor the prices across all your competitors. The sellers who have larger amounts of product pricing data can develop their pricing strategy better - this is known as price optimization. For example, if you find that you and your competitors are selling the same cup both for 10 dollars, then perhaps you should think about whether you can make it selling for 9 dollars. With your profit being a simple e