Predictive Modeling and Dynamic Analysis of Price Trends in eCommerce using ML Technique

In the ever-evolving landscape of eCommerce, staying ahead of pricing trends is paramount for both consumers and sellers. This project presents an advanced Ecommerce Product Price Tracker with Price Prediction capabilities, aimed at empowering users with foresight into future pricing dynamics. Supervised Machine Learning algorithms, encompassing regression and time series analysis, form the backbone of predictive modeling, enabling accurate forecasts of forthcoming price movements. The resultant tool not only provides real-time tracking of current product prices but also furnishes predictive analytics, empowering users with actionable insights. By bridging the gap between data-driven insights and eCommerce dynamics, this project contributes to fostering efficiency and efficacy in the vibrant eCommerce ecosystem.

Authors

Institutions

Publication Details

Published
2024-09-21
DOI
https://doi.org/10.1109/nkcon62728.2024.10774870
Primary Topic
Technology and Data Analysis
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Predictive Modeling and Dynamic Analysis of Price Trends in eCommerce using ML Technique

Soumen Kanrar, Dipra Mitra, Pallab Banerjee, Kanika Thakur et al.
Technology and Data Analysis
article

Predictive Modeling and Dynamic Analysis of Price Trends in eCommerce using ML Technique

Soumen Kanrar, Dipra Mitra, Pallab Banerjee, Kanika Thakur, Kumar Gaurav, Vishal Prasad
article en

Abstract

In the ever-evolving landscape of eCommerce, staying ahead of pricing trends is paramount for both consumers and sellers. This project presents an advanced Ecommerce Product Price Tracker with Price Prediction capabilities, aimed at empowering users with foresight into future pricing dynamics. Supervised Machine Learning algorithms, encompassing regression and time series analysis, form the backbone of predictive modeling, enabling accurate forecasts of forthcoming price movements. The resultant tool not only provides real-time tracking of current product prices but also furnishes predictive analytics, empowering users with actionable insights. By bridging the gap between data-driven insights and eCommerce dynamics, this project contributes to fostering efficiency and efficacy in the vibrant eCommerce ecosystem.

Galgotias University (IN)
Decent work and economic growth
Openalex Percentile: Top 60%
Technology and Data Analysis
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.

Predictive Modeling and Dynamic Analysis of Price Trends in eCommerce using ML Technique — Soumen Kanrar, Dipra Mitra, et al. · (2024) | TGRS Research Map | TGRS