SALES

E-COMMMERCE SALES FORECASTING AND RECOMMENDATION

Year of Publication
Publication Type
Abstract
Sales forecasting and recommendation systems have become essential tools for businesses seeking to optimize inventory management, enhance customer experience, and maximize revenue. This project focuses on developing a machine learning-based sales forecasting and recommendation system to analyze historical sales data, predict future trends, and provide personalized product recommendations. The forecasting component leverages time series analysis and deep learning techniques such as Long Short-Term Memory (LSTM) networks and ARIMA models to predict future sales with high accuracy. The recommendation system utilizes collaborative and content-based filtering to suggest products tailored to customer preferences. The system is implemented using Python, with data preprocessing, feature engineering, and model training conducted using libraries such as TensorFlow, Scikit-Learn, and Pandas. The recommendation engine is integrated into an interactive user interface that enables businesses to gain insights into customer behavior and optimize their marketing strategies. Through extensive testing and evaluation, the system demonstrates improved forecasting accuracy and enhances the user experience by providing intelligent product recommendations. This project contributes to the field of e-commerce analytics by offering a data-driven solution to boost sales performance and customer engagement
Supervisor(s)
co-supervisor