Management of an E-Commerce Enterprise: A Data Mining Approach
نویسندگان
چکیده
In this system we aim providing the user with products for which the probability of purchase is highest also providing information about inventory level. Tracking the trends of purchases over a period of time dynamic discounts or freebies may also be offered to the customer based on past and current purchases as well as current inventory levels. In an event of unavailability of desired product there would be a mechanism through which the customer can inform the store-keeper about the same providing the details of the products to which the store-keeper would respond upon availability of product. If a certain product has lost market buzz and not actively being sold as it is expected to be, then an auction process may be carried out for the product in which the highest bidder gets the product, general auction principles would be adhered and complied. The objective being to save inventory space and maintenance cost.
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