Retail Market Analysis
Ke Yuan, Yaoxin Liu, Shriyesh Chandra, Rishav Roy
TL;DR
This paper analyzes retail market trends through historical sales, search data, and customer reviews to provide actionable insights for optimizing inventory and marketing strategies.
Contribution
It introduces a comprehensive approach combining multiple data sources to identify retail trends and improve decision-making.
Findings
Identified key trending products in retail markets
Provided insights for inventory optimization
Enhanced understanding of customer preferences
Abstract
This project focuses on analyzing retail market trends using historical sales data, search trends, and customer reviews. By identifying the patterns and trending products, the analysis provides actionable insights for retailers to optimize inventory management and marketing strategies, ultimately enhancing customer satisfaction and maximizing revenue.
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Taxonomy
TopicsDigital Innovation in Industries · Consumer Market Behavior and Pricing