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Three Way Dynamic Pricing Technique for e-Commerce Website

Authors(5) :-Ashish Nagrikar, Shubham Nandagawali, Ankita Bhandarkar, Nalu Patle, Prof. Shirish Singnapure

The business-to-consumer aspect of electronic commerce (e-commerce) is the most visible business use of the World Wide Web. The primary goal of an e-commerce site is to sell goods and services online. Product planning is a basic stage, figuring variables affecting the conclusions needs to make to the center to see the coveted possibilities, system tended to an issue of production arrangements, named k-most demanding products (k-MDP) finding. Given a set of customers demanding a certain kind of products with different traits, a set of existing products of the sort, a set of candidate products that can be offered by a company, and a positive integer number k, proposed system need to help the company to choose k products from the candidate products such that the normal number of the aggregate customers for the k products is boosted. One greedy algorithm is proposed to discover surmised answer for the issue. Proposed system additionally endeavor to discover the optimal arrangement of the issue by assessing the upper bound of the normal number of the aggregate customers for a set of k candidate products for lessening the hunt space of the optimal arrangement. A precise algorithm is then given to discover the optimal arrangement of the issue by utilizing this pruning method. The investigation results exhibit that both the productivity and memory prerequisite of the careful algorithm are similar to those for the voracious algorithm, and the insatiable algorithm is well versatile concerning k.
Ashish Nagrikar, Shubham Nandagawali, Ankita Bhandarkar, Nalu Patle, Prof. Shirish Singnapure
Most Demanding Products, e-commerce, Three Way Pricing, Greedy Algorithm
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Publication Details
  Published in : Volume 4 | Issue 7 | March-April 2018
  Date of Publication : 2018-04-30
License:  This work is licensed under a Creative Commons Attribution 4.0 International License.
Page(s) : 121-125
Manuscript Number : IJSRST1845319
Publisher : Technoscience Academy
PRINT ISSN : 2395-6011
ONLINE ISSN : 2395-602X
Cite This Article :
Ashish Nagrikar, Shubham Nandagawali, Ankita Bhandarkar, Nalu Patle, Prof. Shirish Singnapure, "Three Way Dynamic Pricing Technique for e-Commerce Website", International Journal of Scientific Research in Science and Technology(IJSRST), Print ISSN : 2395-6011, Online ISSN : 2395-602X, Volume 4, Issue 7, pp.121-125, March-April-2018
URL : http://ijsrst.com/IJSRST1845319