Akshaykumar Padhiyar
Large amounts of both
structured and unstructured data, sometimes known as "big data,"
these days offer prospects for businesses, particularly those engaged in
electronic commerce (e-commerce). The customer's internal operations, vendors,
marketplaces, and business environment are the sources of the data. The three
common algorithms of association, grouping, and prediction are included in the
data mining (DM) process for e-commerce presented in this work. Additionally,
it outlines some of the advantages of data mining (DM) for online retailers,
including the ability to use the three algorithms to do market segmentation,
basket analysis, item planning, sales forecasting, and customer relationship
management.
This paper's primary goal
is to examine how data mining is used in e-commerce, with a particular emphasis
on structured and unstructured data that is gathered from a variety of sources
and cloud computing services. This will help to demonstrate the value of data
mining. Additionally, this study assesses some of the difficulties associated
with data mining, such as spider detection, data transformations, and providing
business users with an understandable data model. Additional difficulties in
accommodating the slowly changing dimensions of data, as well as facilitating
data transformation and model building for business users, are also assessed.
This article also offers
e-commerce organizations that own vast amounts of data a clear roadmap on how
to leverage that data for company improvement, making them more competitive
with their rivals.
Data Mining, Structure
Data, Unstructured Data, Big Data, E-Commerce, Cloud Computing etc.
VOL.16, ISSUE No.1, March 2024