Market basket analysis with association rules

被引:35
|
作者
Unvan, Yuksel Akay [1 ]
机构
[1] Ankara Yildirim Beyazit Univ, Fac Management, Banking & Finance Dept, Ankara, Turkey
关键词
Market basket analysis; association rules; Apriori; FP Growth;
D O I
10.1080/03610926.2020.1716255
中图分类号
O21 [概率论与数理统计]; C8 [统计学];
学科分类号
020208 ; 070103 ; 0714 ;
摘要
This study was conducted in order to make a Market Basket Analysis by using Association Rules. The data used in the study are the sales data of any supermarket received from the Vancouver Island University website. Data were analyzed in the Weka program using a data set containing 225 different products. Apriori and FP Growth, which are Association Rules algorithms, were tried in order. Since the data set is categorical, the Apriori algorithm did not yield any results. Therefore, the FP Growth algorithm was used and the top 10 rules were given according to the conviction value. The best rule accordingly; a customer who buys Milk, Sweet Relish and Pepperoni Pizza (Frozen) also gets eggs. Best rule with 21.06 Conviction and 1 (100%) confidence values are this rule. 24 customers who received these 3 products in the dataset received eggs. Similarly, also other rules were interpreted in this study. As a result, product placement in the supermarket can be made according to these rules. Thus, sales of these products will increase and supermarket revenue will increase directly.
引用
收藏
页码:1615 / 1628
页数:14
相关论文
共 50 条
  • [41] Analysis of cross category dependence in market basket selection
    Russell, GJ
    Petersen, A
    JOURNAL OF RETAILING, 2000, 76 (03) : 367 - 392
  • [42] A parsimonious multivariate poisson model for market basket analysis
    Katrin Dippold
    Harald Hruschka
    Review of Managerial Science, 2013, 7 : 393 - 415
  • [43] Influence-based approach to market basket analysis
    Monteserin, Ariel
    Armentano, Marcelo G.
    INFORMATION SYSTEMS, 2018, 78 : 214 - 224
  • [44] Market Basket Analysis by Means of a Growing Neural Network
    Decker, Reinhold
    INTERNATIONAL REVIEW OF RETAIL DISTRIBUTION AND CONSUMER RESEARCH, 2005, 15 (02): : 151 - 169
  • [45] Market basket analysis insights to support category management
    Musalem, Andres
    Aburto, Luis
    Bosch, Maximo
    EUROPEAN JOURNAL OF MARKETING, 2018, 52 (7-8) : 1550 - 1573
  • [46] Chiller system performance management with market basket analysis
    Ho, Wai Tung
    Yu, Fu Wing
    FACILITIES, 2021, 39 (9-10) : 667 - 687
  • [47] TARtool: A Temporal Dataset Generator for Market Basket Analysis
    Omari, Asem
    Langer, Regina
    Conrad, Stefan
    ADVANCED DATA MINING AND APPLICATIONS, PROCEEDINGS, 2008, 5139 : 400 - 410
  • [48] Market Basket Analysis using Artificial Neural Network
    Bhargav, Anshul
    Mathur, Robin Prakash
    Bhargav, Munish
    2014 INTERNATIONAL CONFERENCE FOR CONVERGENCE OF TECHNOLOGY (I2CT), 2014,
  • [49] A market basket analysis conducted with a multivariate logit model
    Boztug, Y
    Hildebrandt, L
    FROM DATA AND INFORMATION ANALYSIS TO KNOWLEDGE ENGINEERING, 2006, : 558 - +
  • [50] A parsimonious multivariate poisson model for market basket analysis
    Dippold, Katrin
    Hruschka, Harald
    REVIEW OF MANAGERIAL SCIENCE, 2013, 7 (04) : 393 - 415