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Dynamic pricing is a great tool for businesses, especially those in the e-commerce field. A lot of major companies already use web extracted pricing data to formulate pricing strategies, adapt to price variations, spot MAP violations & analyze customer opinions.

2020 & 2021 thus far have not been business as usual. Last year started with a continued run of the longest bull market run in modern economic history, which traces its beginnings to the previous market low post-sub-prime mortgage triggered the financial crisis in early March 2009.

Whether we are talking about the credit-granting or insurance underwriting arena, alternative data usually refers to datasets not inherently related to an individual's credit or insurance claim behavior.

As the internet continues to grow, the amount of data it generates grows with it, opening new opportunities to improve processes and make more informed decisions.