Determining Optimal Pricing for Retail Products

Maximizing Profitability and Competitiveness through Machine Learning

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What are you building?

Maximizing Profitability and Competitiveness through Machine Learning

Problem Statement

develop a data-driven machine learning model to determine optimal pricing for retail products. By leveraging historical sales data, competitor pricing, and product attributes, the model predicts the quantity of a product sold (qty) based on its unit_price and other factors.