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Yes, although I would encourage you to think about something higher on the value chain than raw data feeds. Those exist and have become an increasingly difficul
by edmundsauto 5y ago
Yes, although I would encourage you to think about something higher on the value chain than raw data feeds. Those exist and have become an increasingly difficult market to compete in. You can buy a custom feed for like $250/mo.
Instead, think about what people want to do with the data. For example, if you are going to scrape diamond prices, don’t try to sell that feed. Set up a website with a UI so people can research diamond prices, and get alerts when specific thresholds are met or items come in stock. Monetize with ads.
- stef25 5y agoLike camelcamelcamel.com I guess?
- edmundsauto 5y agoExactly. The data is interesting, but a commodity. If the market is big enough, figure out what they’re using it for and help them use it. Sell access to processed data.