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Web scraping of food retail prices: An analysis of internet food retail sales prices

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  • Loy, Jens-Peter
  • Ren, Yanjun

Abstract

In this paper, we develop a theory of food retail promotional strategy. We test the theory using online food retail prices. A python code is applied to retrieve information from the web page mytime.de. Mytime.de is an online grocery outlet that belongs to the Bünting Group, a food retailer in North-West Germany. The promotional sales on mytime.de show a complementary relationship between breadth and depth of sales, indicating that in order to attract consumers, stores raise both the number (breadth) and the depth of price promotions.

Suggested Citation

  • Loy, Jens-Peter & Ren, Yanjun, 2022. "Web scraping of food retail prices: An analysis of internet food retail sales prices," EconStor Conference Papers 251552, ZBW - Leibniz Information Centre for Economics.
    • Handle: RePEc:zbw:esconf:251552
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    References listed on IDEAS

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    Keywords

    e-food retailing; promotional sales; Germany;
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