MODERN METHODS OF MARKET PROCESSES ANALYSIS

The article discusses the use of Data Mining methods for analyzing market processes. The main focus is on how data mining technologies can be used to identify hidden patterns and trends in the market, which contributes to making more informed management decisions and developing effective strategies. Examples of real applications demonstrate how the analysis of large amounts of data allows optimizing marketing campaigns and conducting market basket analysis. The conclusion emphasizes the importance of Data Mining for modern business and the need to integrate these methods into the daily practice of companies to increase their competitiveness in the market.

Authors

Publication Details

Journal
Education Quality Assurance
Published
2024-09-30
DOI
https://doi.org/10.58319/26170493_2024_3_68
Primary Topic
Economic and Technological Systems Analysis
Type
article
Field-Weighted Citation Impact
0.00
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article

MODERN METHODS OF MARKET PROCESSES ANALYSIS

Kateryna Kolesnikova, Kaisar Alpysbayev, Ardak Mukhamedyeva
Education Quality Assurance
Economic and Technological Systems Analysis
article

MODERN METHODS OF MARKET PROCESSES ANALYSIS

Kateryna Kolesnikova, Kaisar Alpysbayev, Ardak Mukhamedyeva
article en

Abstract

The article discusses the use of Data Mining methods for analyzing market processes. The main focus is on how data mining technologies can be used to identify hidden patterns and trends in the market, which contributes to making more informed management decisions and developing effective strategies. Examples of real applications demonstrate how the analysis of large amounts of data allows optimizing marketing campaigns and conducting market basket analysis. The conclusion emphasizes the importance of Data Mining for modern business and the need to integrate these methods into the daily practice of companies to increase their competitiveness in the market.

Education Quality AssuranceVol. 36(3)
Industry, innovation and infrastructure
Openalex Percentile: Top 58%
Economic and Technological Systems Analysis
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