Automatic Market Research Program

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Leo_Chau_430
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Homework Statement
I was given an Excel that contains a list of products, my teacher would like us to scrap through the website hktvmall.com to find respective similar products and list out their prices and description.

FYI: https://docs.google.com/spreadsheets/d/1nCPHcuE20tf-Al_Q7wi0X_cqzQrV6VKh-eofGfVcER8/edit?usp=sharing
Relevant Equations
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I was given an Excel that contains a list of products, my teacher would like us to scrap through the website hktvmall.com to find respective similar products and list out their prices and description.

FYI:
 
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FAQ: Automatic Market Research Program

What is an Automatic Market Research Program?

An Automatic Market Research Program is a software system designed to gather, analyze, and interpret market data automatically. It uses algorithms and machine learning techniques to process large volumes of information, identify trends, and generate insights without the need for human intervention.

How does an Automatic Market Research Program work?

An Automatic Market Research Program typically works by collecting data from various sources such as social media, online surveys, sales data, and web analytics. It then processes this data using advanced analytical methods, including natural language processing and predictive analytics, to derive meaningful insights and generate reports that can inform business decisions.

What are the benefits of using an Automatic Market Research Program?

The benefits of using an Automatic Market Research Program include increased efficiency, cost savings, and the ability to analyze large datasets quickly and accurately. It also reduces the potential for human error, provides real-time insights, and can uncover hidden patterns and trends that might be missed through manual analysis.

Can an Automatic Market Research Program be customized for different industries?

Yes, an Automatic Market Research Program can be customized to meet the specific needs of different industries. Customization can include tailoring the data sources, analytical models, and reporting formats to align with industry-specific requirements and goals. This ensures that the insights generated are relevant and actionable for the particular market context.

What are the challenges associated with implementing an Automatic Market Research Program?

Challenges associated with implementing an Automatic Market Research Program include the initial cost of setup, the need for ongoing maintenance, and the requirement for high-quality data inputs. Additionally, organizations may face difficulties in integrating the program with existing systems and ensuring that staff have the necessary skills to interpret and act on the insights generated.

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