Professional Documents
Culture Documents
Group It17 Project
Group It17 Project
Group It17 Project
Group Members :-
Girish Dange - 808
Abhishek Dalvi - 807
Manas Ghodinde - 810
Outline
1.Introduction
2.Problem Statement
3.Literature Survey
4.Implementation plan
8.Applications
9.Future scope
References
List of Publications
Acknowledgement
Introduction
● E-commerce - electronically buying or
selling of products
● Benefits of E-commerce
1. For organizations
2. For customers
Fig : Basic representation of E-commerce 3. For society
Introduction continued …
● Effects of COVID-19 outbreak on E-commerce
1. Anusha.B
Dynamic Price 2. Sangeetha.H. This paper provide a brief introduction to
Optimization for the 3. Riyanka.R the historical origins of quantitative
2017
Future of E-Commerce 4. Sushmitha.N research on pricing , demand estimation
[1] 5. Chitra.R and dynamic pricing .
Literature Survey continued …
1. Search Products
2. View Product Listing
3. View Product Details
4. View Cart
5. Manage Cart
6. Buy Product
7. Check Out
8. Sign up
9. Login
10. Sign Out
11. My Account
12. View/Edit Profile
13. My Orders
Proposed System Block Diagram :
Proposed System Block Diagram of E-commerce Website with Sales Analysis and Price Optimization
Proposed System :
We have proposed a system where we are going to add various features in our existing system :
● Sales analysis : Detailed report that offers a more profound understanding of a business’s sales
performance, customer data, and the revenue.
● Price optimization : Helps businesses strike the right balance of efficient pricing, achieving
profit objectives, and also serve their customers [7].
● Payment gateway : Use to accept payment via debit card and credit card from the customers .
We are using the payment gateway of PayPal
● Chat feature : Offering live chat support is the most effective way to respect your customers’
time.
Mathematical Models
● OLS (Ordinary Least Square) model : Website uses a very basic OLS [8] (Ordinary Least
Square for estimating the unknown parameters in a linear regression model ) model for sales
analysis.
● Graphical Charts : Website represents the analysed data in graphical presentation also . A chart
[9] is a graphical representation for data visualization .
Techniques
Input :
Output :
Hardware
Software
● OS: Windows
● Programming Language:JavaScript, HTML, CSS , Python
● Framework :React JS , Flask
● Database: MongoDB
● IDE: Visual Studio Code
Results and conclusion
● E-Commerce has changed our life styles entirely because we do not have to spend time and money
travelling to the market.
● No time barriers in selling and buying the products.
● An interactive user friendly and focused website in the form of online shop can generate good
business.
● The chat feature in the website help the customer to seek help from the seller directly .
● The sales analysis gives us the better idea about product demands and product selling .
● Price optimization results in businesses strike the right balance of efficient pricing, achieving profit
objectives, and also serve their customers in better way .
● So we are of the opinion that big companies should invest more on research and development for
e-commerce with sales analysis and price optimization .
Applications
[2] Price Optimization in Fashion E-commerce by Sajan Kedia , Samyak Jain , Abhishek Sharma
[3] Analysis and Optimization of Online Sales of Products by Dr.Zainab Pirani , Anuja Marewar, Zainab
Bhavnagarwala and Madhuri Kamble
[4] A sale-oriented product management method for e-commerce by Yoshitaka Sakurai , Takashi Kawabe , Takahiko
Sakai , Kouhei Takada , Setsuo Tsuruta and Mizuno Yoshiyuki
[5] Developing an E-Commerce Website by Syed Emdad Ullah, Tania Alauddin and Hasan U. Zaman
Link for the paper : E-commerce Website With Sales Analysis And Price Optimization
Acknowledgement
We are thankful to everyone who provided us the opportunity to select this project. We would like to take this
opportunity to express sincere thanks to the department and the University for this Project where we have such an
opportunity to express our ideas and put our learning all the way into practice.
We give special gratitude to our Principal Dr. Sandeep Joshi, who always encourages us to do innovative things that
will help to increase our knowledge.
We also thank our H.O.D of Information Technology Department, Dr. Satishkumar Varma, for this opportunity of
practically implementing whatever concepts we study, through B.E. Project.This would not have been possible without
the opportunity.
We thank our Project Co-ordinator Dr. Sushopti Gawade for providing us with all the facilities and the required
equipment for this project.
We would like to thank our guide and mentor Prof. Shubhangi Chavan who mentored us throughout our ‘E-commerce
Website With Sales Analysis And Price Optimization ’ project and cleared our concepts and helped us understand all the
topics.
THANK YOU !