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This document provides an outline for a project on real-time product price monitoring and analysis for e-commerce websites. It includes sections on introduction, literature survey, identified problem, proposed system and architecture, UML diagrams, identified algorithms, modules, results screenshots, conclusion, future enhancements, and applied/accepted paper publications. The project aims to help buyers purchase products at custom prices by enabling monitoring of price fluctuations and providing product recommendations. The proposed system extracts product specifications and reviews to determine sentiment towards features and provide an overall rating.

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38 views27 pages

Project Stage

This document provides an outline for a project on real-time product price monitoring and analysis for e-commerce websites. It includes sections on introduction, literature survey, identified problem, proposed system and architecture, UML diagrams, identified algorithms, modules, results screenshots, conclusion, future enhancements, and applied/accepted paper publications. The project aims to help buyers purchase products at custom prices by enabling monitoring of price fluctuations and providing product recommendations. The proposed system extracts product specifications and reviews to determine sentiment towards features and provide an overall rating.

Uploaded by

Harshadapatil
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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Artificial Intelligence

And Robotics

Guide by –
Prof. Rashmi Deshpande

1. Shivam Ghate (B151094241)


2. Swapnil Sonawane (B151094342)
3. Anisha Bharuka (B151094214)
4. Harshada Patil (B151094299)
Real time product price monitoring and
analysis for E-commerce website.
Outline
o Introduction of domain
o Literature survey
o Problem identified
o Proposed system
o Architecture diagram
o All UML diagrams
o Algorithm Identified
o Modules
o Result screenshot
o Conclusion
o Future Enhancement
o paper publication details applied / acceptance
o References
Introduction
• Consumer reviews, opinions and shared experiences in the use of a
product is a powerful source of information about consumer preferences
that can be used in recommender systems.
• Despite the importance and value of such information, there is no
comprehensive mechanism that formalizes the opinions selection and
retrieval process and the utilization of retrieved opinions due to the
difficulty of extracting information from text data.
• In this project, a new recommender system that is built on consumer
product reviews is proposed. A prioritizing mechanism is developed for
the system.
• E-Commerce is the easiest, most commodious way of organizing
business over the internet for business experts and individuals. Managing
business over the internet is simply surfing specific website for shopping
products online or business related matters.
Aim

• The main motivation for developing this system is for


helping buyers to purchase a particular product at a custom
price by enabling a monitoring system on the particular
product which will progressively monitor the fluctuation
price of the desired product.
• We are providing automation at user side for having a deep
insights about the pricing follow by product
recommendation facility.
Literature survey
Sr. No. Title of paper Author & year Methodologies Disadvantages

1 “An Empirical Analysis Le Chen, Alan This paper uses pager Lack of data and physical
of Algorithmic Mislove, Christo analyses for the constraint & collecting of real
Pricing on Amazon Wilson. Pricing System on time data .
Marketplace” (Year - 2016) Amazon Marketplace.

2 “A Dynamic Pricing Yuan Chen, This paper Just collect Customer purchase same
Model for E-Commerce FeifeiWang the pricing data from product but at different time
Based on Data (Year - 2017) E-commerce site by and paying more than the
Mining” using Data Mining other
techniques.

3 “Measuring Aniko Hannak, Gary This paper also just Difficult to reliably detect in
Price Discrimination and Soeller, David Lazer, collect the pricing data practice
Steering on E-commerce Alan Mislove, Christo and circulate that
Web Sites.” Wilson, through system.
(Year - 2018)
Sr. Title of paper Author & year Methodologies Disadvantages
No
.
4 “An intelligent web Ranjani Murali. In this system we analyze Its provides the service at
spider for online e- 2017 the data of ecommerce low cost
commerce data portals, media companies
extraction” research firms

5 “Pricing Price Panos M. Markopoulos, This pager analyses the Ecommerce is highly
Information in E- Lyle H. Ungar. Pricing System on online competitive and lengthy
Commerce” 2017 retailer business process

6 Recent Approaches to Naveen Pahuja, Sheetal Use recommendation The user will never
Recommendation Chaudhari techniques that are being recommened for
System Model Using 2017 employed in the current e- different items
Distinct Product commerce website. .
Features

7 Recommendation Ms. Shakila Shaikh, Dr. In which we use Content Its costs high memory
system in E-commerce Sheetal Rathi, based systems properties of computation
websites: A Graph the items to be
Based Approached recommended
Problem identified
o Systems have emerged rapidly in the past decade.
Recommendation of products to attract customers that
meet their requirements is very important for the
vendors to survive in the global market.

o For the fulfillment of market requirement we need


system that serves as a better alternative to rate a
product based on its technical specification by
analyzing large number of user reviews which are
extracted dynamically from several top e-commerce
websites.
Proposed system
o The proposed approach in this study extracts specification list
like battery, processor, camera etc. and customer reviews for a
user specified product from websites and identifies crucial terms
corresponding to the technical features of the product in the
review to determine polarity of the feature and classifying it
under the specification list.

o Each specification is assigned a score based on polarity i.e.


positive/negative feedback. Overall product rate is calculated by
aggregating the score specific to individual features. This
approach is very useful for those customers who target at specific
features in a product.
Proposed diagram
Architecture diagram
UML DIAGRAMS
Class Diagram
Activity Diagram
Use-Case Diagram
Algorithm Identified
Modules
Results Screenshots
Conclusion
o Understanding users , regulate E-commerce buyers to
make an informed purchase . It will work as notification
system for busy individual who want the product right
price range.

o Understanding the satisfaction of the customer with


specific products through online reviews on e-commerce
sites.

o Recommending products and places to customers based


on collective opinions.
Future Enhancement
o We conducted an experiment to evaluate the proposed
model on the Each data set and compared them with the
traditional SVM algorithm. The results show the
proposed model’s improvement in making
recommendations

o In our future work, we intend to optimize kernel


function, parameters and feature subset simultaneously.
We would also like to expand this model to apply to the
in-stance selection problems.
Paper Publication Details Acceptance
 Volume :- 8
 Issue :- 5
 Month of Journal :- JETIR MAY 2021
 Paper Id :- JETIR2105377
Reference
1. Breese, J.S., Heckerman, D., Kadie, C. (1998). Empirical Analysis of Predictive Al-
gorighms for Collaborative Filtering. Proceedings of the 14th Conference on Uncertainty in
Artificial Intelligence (UAI-98), pp. 43-52.

2. Cao, L., Tay, F.E.H., (2001), Financial Forecasting Using Support Vector Machines, Neu-ral
Computing & Applications 10. pp. 184-192.

3. Cortes, C., and Vapnik, V., Support vector networks. Machine Learning, 20, 273-297,
1995.

4. Fan, A., Palaniswami, M., (2000). Selecting Bankruptcy Predictors Using A support Vector
Machine Approach, Proceeding of the International Joint Conf. on Neural Network 6. 354-
359.

5. Goldberg, D. E., Genetic Algorithms in Search, Optimization and Machine Learning (Ad-
dison-Wesley, New York 1989)

6. Herlocker, J.L., Konstan, J.A. and Riedl, J., (2000). Explaining collaborative filtering rec-
ommendations. Proceedings on the ACM 2000 Conference on Computer Supported
Cooperative Work, (pp. 241–250). Philadelphia.
THANK YOU

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