Client Overview
Our client is a medical retailer with over 200+ medical stores across the USA, Europe, and the UK. The client wanted to venture into the online pharmacy space where medicines, healthcare products, and lab products are sold online. However, before navigating the complex world of online medical product ecommerce the client wanted to get a database of standardized pricing across different online medical aggregators in the regions where our client wanted to venture.
The client wanted a system to address these issues by pioneering a sophisticated system for medical price comparison. X-Byte has emerged as a leader in this space, utilizing cutting-edge data scraping and analysis techniques to bring much-needed transparency and accuracy to medical price comparison.
Requirements
- Advanced data scraping technologies to collect pricing data from medical aggregators.
- Implement robust web scraping tools to extract pricing data from various online medical aggregators
- Ability to handle websites with dynamic content, JavaScript rendering, and AJAX calls.
- Where possible, integrate with APIs provided by aggregators for more reliable data access.
- Use a scalable database solution to handle large volumes of data efficiently.
- Ensure that the system complies with local and international laws regarding online sales of medical products.
- Monitor competitor prices in real-time, product availability, and offers, and compare similar products across platforms.
Challenges
The healthcare sector is fraught with challenges related to pricing transparency: Significant differences in medical costs across various providers and regions make it difficult for aspiring online aggregators to compare prices effectively.
The obstacles encountered during real-time data scraping included:
- Maintaining data precision amid fluctuating prices and promotions.
- Efficiently handling vast amounts of data from diverse medical platforms.
- Addressing inconsistencies in data across various regions. Automating data collection for real-time & prompt data.
Solution Delivered by X-Byte
X-Byte tackled these challenges head-on with a multi-faceted approach: X-Byte engineered sophisticated scraping algorithms for comprehensive medical data scraping. We built custom scrapers for extracting detailed data on prices from various competitor websites. This automated process focused on collecting detailed data points such as medicine prices, procedure costs, consultation fees, and lab prices.
Beyond scraping, X-Byte employed a systematic strategy for data collection, aggregating information from various sources such as provider websites, medical databases, etc. We successfully extracted real-time data related to medicine prices, available discounts, ratings, and delivery fees.
Results
The implementation of X-Byte’s medical price data scraping strategies led to significant outcomes. Our clients gained access to clear and comparable pricing information from various online pharmacy aggregator platforms. X-Byte’s innovative data scraping solutions helped the client get data for benchmark price comparison.
By having access to clear and comparable pricing information, the client could establish benchmark prices for various medications and was successfully able to establish an online pharmacy platform. The data helped them identify pricing trends, outliers, and the most competitive pricing strategies in the market.
The client could position themselves more competitively by offering attractive pricing to their customers. The automation of data collection reduced the need for manual intervention, leading to cost savings and increased operational efficiency.
Team Work
Integrity
Customer delight
Awards & Recognition
