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Sentiment analysis
Sentiment analysis is the process of analyzing text to determine if its emotional tone is positive, negative, or neutral. It's also known as opinion
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Retail
We enables businesses to improve customer experiences,
optimize operations, and boost profitability.
We enables businesses to improve customer experiences, optimize operations, and boost profitability. It helps retailers make data-driven decisions by leveraging advanced tools and techniques to understand customer behavior, predict trends, and enhance supply chain efficiency.
- Some of our work includes following use cases.
Example: recommendation engine uses collaborative filtering and machine learning to suggest products based on a user's browsing and purchase history.
Benefit: Increases cross-selling and upselling opportunities.
Example: pricing analytics to dynamically adjust product prices based on competitor pricing, demand trends, and inventory levels.
Benefit: Maximizes revenue and maintains competitiveness.
Example: data analytics to manage inventory efficiently, ensuring popular products are replenished while minimizing unsold stock.
Benefit: Reduces costs and improves inventory turnover.
Example: social media analytics to gauge customer sentiment about new product launches and adjust strategies accordingly.
Benefit: Improves customer engagement and loyalty.
Example: transaction analytics to detect fraudulent activities such as unusual purchase patterns or large-value transactions.
Benefit: Prevents financial losses and protects brand reputation.
Example: heatmap analytics to understand customer navigation patterns within stores and optimize product placement.
Benefit: Enhances customer experience and boosts sales.
Example: predictive analytics to forecast demand for seasonal items, ensuring the right inventory levels.
Benefit: Minimizes losses from unsold inventory or missed sales opportunities.
Architecture Diagram for Retail Analytics
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers.
Sentiment analysis is the process of analyzing text to determine if its emotional tone is positive, negative, or neutral. It's also known as opinion
read more
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