Enhancing productiveness in E-commerce through machine learning: Challenges, Future Perspectives, and a MATLAB-Based Approach

The rapid growth of e-commerce has created an urgent need for more productive and efficient systems to handle the increasing complexity of online transactions and consumer behaviour. Machine Learning (ML) offers a transformative approach to enhancing productiveness in e-commerce by optimizing processes such as personalized recommendations, dynamic pricing, customer segmentation, and supply chain management. This article explores the integration of ML-driven initiatives in e-commerce, addressing key challenges such as data privacy, algorithmic bias, and the computational demands of large-scale ML applications. A MATLAB-based approach is proposed for developing and implementing these ML models, leveraging MATLAB’s robust toolboxes for data analysis, model training, and system simulation. Through an extensive literature review, this study highlights the current state of ML in e-commerce, identifies existing challenges, and discusses future perspectives. The introduction of ML-driven strategies not only improves operational efficiency but also enhances customer satisfaction, ultimately driving productivity in the highly competitive e-commerce landscape. The findings of this article are expected to provide valuable insights for both academic researchers and industry professionals aiming to harness the full potential of ML in e-commerce.

Institutions

Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2024-08-30
DOI
https://doi.org/10.5281/zenodo.14875640
Primary Topic
Assisted Reproductive Technology and Twin Pregnancy
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Enhancing productiveness in E-commerce through machine learning: Challenges, Future Perspectives, and a MATLAB-Based Approach

Zenodo (CERN European Organization for Nuclear Research)
Assisted Reproductive Technology and Twin Pregnancy
article

Enhancing productiveness in E-commerce through machine learning: Challenges, Future Perspectives, and a MATLAB-Based Approach

article en

Abstract

The rapid growth of e-commerce has created an urgent need for more productive and efficient systems to handle the increasing complexity of online transactions and consumer behaviour. Machine Learning (ML) offers a transformative approach to enhancing productiveness in e-commerce by optimizing processes such as personalized recommendations, dynamic pricing, customer segmentation, and supply chain management. This article explores the integration of ML-driven initiatives in e-commerce, addressing key challenges such as data privacy, algorithmic bias, and the computational demands of large-scale ML applications. A MATLAB-based approach is proposed for developing and implementing these ML models, leveraging MATLAB’s robust toolboxes for data analysis, model training, and system simulation. Through an extensive literature review, this study highlights the current state of ML in e-commerce, identifies existing challenges, and discusses future perspectives. The introduction of ML-driven strategies not only improves operational efficiency but also enhances customer satisfaction, ultimately driving productivity in the highly competitive e-commerce landscape. The findings of this article are expected to provide valuable insights for both academic researchers and industry professionals aiming to harness the full potential of ML in e-commerce.

Zenodo (CERN European Organization for Nuclear Research)
Northern Illinois University (US), Georgia State University (US), University of Massachusetts Boston (US), Automatic Data Processing (United States) (US)
Industry, innovation and infrastructure
Openalex Percentile: Top 44%
Assisted Reproductive Technology and Twin Pregnancy
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.