Showing 1 - 6 of 6
Data Mining is used to describe the totality of techniques which aim to find the unexplored patterns in a set of data. The purpose of data mining is to create models of decision-making devoted to estimations of future behavior based on analysis of past activities. In this study the shopping data...
Persistent link: https://www.econbiz.de/10010562486
There are two main research traditions for analyzing market basket data that exist more or less independently from each other, namely exploratory and explanatory model types. Exploratory approaches are restricted to the task of discovering cross-category interrelationships and provide marketing...
Persistent link: https://www.econbiz.de/10010272734
In the first part of this paper we present an overview of e-commerce and Internet characteristics. We explain why data mining plays a central role among the digital marketing technique: it is the tool to achieve customer knowledge, the key of success in the wide but highly competitive world of...
Persistent link: https://www.econbiz.de/10005007434
There are two main research traditions for analyzing market basket data that exist more or less independently from each other, namely exploratory and explanatory model types. Exploratory approaches are restricted to the task of discovering cross-category interrelationships and provide marketing...
Persistent link: https://www.econbiz.de/10005678001
Our research examines the hypothesis that products chosen on a shopping trip to a supermarket indicate the preference interdependencies of consumers between different products or brands. The bundle chosen on the trip can be regarded as an indicator of a global utility function. This function...
Persistent link: https://www.econbiz.de/10005690250
Persistent link: https://www.econbiz.de/10011780880