Effective Machine Learning Pricing Model for Indian FMCG Market

Author:

Bhattacharya Bijoly Saha1ORCID

Affiliation:

1. Techno Main Salt Lake, India

Abstract

An AI platform is a suite of services that supports the life cycle of machine learning and helps clients select the best product. Its purpose is to maximize the sale of the product, and the resulting profit is focused on various product parameters (like their pricing, their packaging, their expiry dates, and many more). AI algorithms support diverse scenarios such as a seller-buyer relationship to maximize profit for both parties. These platforms are aimed at solving the challenges faced by the growth of global industries and companies, namely the visibility of data throughout the value chain. Systems powered by artificial intelligence improve the productivity, growth, and robustness of the company's foundation. They improve the efficiency of services and resources. This will help the customer identify, choose efficiently, and re-deploy resources into high business potential choices continuously.

Publisher

IGI Global

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