Extending market basket analysis with graph mining techniques: A real case
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Publication date
2014Metadata
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Videla Cavieres, Iván Fernando
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Extending market basket analysis with graph mining techniques: A real case
Abstract
A common problem for many companies, like retail stores, it is to find sets of products that are sold
together. The only source of information available is the history of sales transactional data. Common
techniques of market basket analysis fail when processing huge amounts of scattered data, finding
meaningless relationships. We developed a novel approach for market basket analysis based on graph
mining techniques, able to process millions of scattered transactions. We demonstrate the effectiveness
of our approach in a wholesale supermarket chain and a retail supermarket chain, processing around
238,000,000 and 128,000,000 transactions respectively compared to classical approach.
General note
Artículo de publicación ISI
Patrocinador
Chilean Millennium Institute of Complex Engineering Systems
(ICM: P05-004-F FIN. ICM-FIC)
Identifier
URI: https://repositorio.uchile.cl/handle/2250/126856
DOI: DOI: Expert Systems with Applications 41 (2014) 1928–1936
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Expert Systems with Applications 41 (2014) 1928–1936
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