Predictive Analysis in E-commerce: Utilizing Data Mining Techniques to Forecast Customer Purchasing Behavior
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Keywords:
E-commerce, Data Mining, ForecastingAbstract
In the dynamic landscape of e-commerce, understanding and predicting customer purchasing
behavior is paramount for businesses striving to optimize their operations and enhance customer
satisfaction [2, 5]. This research paper delves into the realm of predictive analysis within e-commerce,
focusing on the utilization of data mining techniques to forecast and comprehend customer purchasing
patterns [1, 7]. The study investigates the application of various data mining methodologies, including but
not limited to machine learning algorithms, association rule mining [3, 18], and clustering techniques, to
extract valuable insights from vast datasets encompassing customer transactions, browsing history,
demographics, and other relevant variables. Through a comprehensive literature review and empirical
analysis [9 20], this paper aims to elucidate the significance of predictive analysis in e-commerce[15], its
methodologies, challenges, and the potential impact on enhancing marketing strategies, inventory
management, personalized recommendations [13,14], and overall business profitability. Furthermore [4,
6] this research endeavors to highlight the ethical considerations and privacy concerns associated with the
collection and utilization of customer data for predictive analysis in the e-commerce domain [10, 13]. The
findings and insights presented herein aim to provide a foundation for e-commerce entities to adopt and
implement advanced predictive analysis techniques effectively, thereby fostering a competitive edge in an
increasingly data-driven market environment [8, 17].
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