Profit Prediction Using Data Mining Algorithms

Abstract

Now a days everyone is trying out their luck with e-commerce websites and business. But they are not getting their expected results because their sell is sometimes not up to the mark. In an e-commerce business stocking up the right materials is everything. So, our solution to this problem is running data mining methods to figure out which products are likely to sell the most and result in better profit making. We will use different classifiers to build our models and compare their results to better determine which classifier gives the most accurate prediction so that we can use that classifier to build our final system in prediction making process.