Reader small image

You're reading from  Data Science for Marketing Analytics - Second Edition

Product typeBook
Published inSep 2021
Reading LevelIntermediate
PublisherPackt
ISBN-139781800560475
Edition2nd Edition
Languages
Tools
Concepts
Right arrow
Authors (3):
Mirza Rahim Baig
Mirza Rahim Baig
author image
Mirza Rahim Baig

Mirza Rahim Baig is a Data Science and Artificial Intelligence leader with over 13 years of experience across e-commerce, healthcare, and marketing. He currently holds the position of leading Product Analytics at Marketing Services for Zalando, Europe's largest online fashion platform. In addition, he serves as a Subject Matter Expert and faculty member for MS level programs at prominent Ed-Tech platforms and institutes in India. He is also the lead author of two books, 'Data Science for Marketing Analytics' and 'The Deep Learning Workshop,' both published by Packt. He is recognized as a thought leader in my field and frequently participates as a guest speaker at various forums.
Read more about Mirza Rahim Baig

Gururajan Govindan
Gururajan Govindan
author image
Gururajan Govindan

Gururajan Govindan is a data scientist, intrapreneur, and trainer with more than seven years of experience working across domains such as finance and insurance. He is also an author of The Data Analysis Workshop, a book focusing on data analytics. He is well known for his expertise in data-driven decision-making and machine learning with Python.
Read more about Gururajan Govindan

Vishwesh Ravi Shrimali
Vishwesh Ravi Shrimali
author image
Vishwesh Ravi Shrimali

Vishwesh Ravi Shrimali graduated from BITS Pilani, where he studied mechanical engineering, in 2018. He also completed his Masters in Machine Learning and AI from LJMU in 2021. He has authored - Machine learning for OpenCV (2nd edition), Computer Vision Workshop and Data Science for Marketing Analytics (2nd edition) by Packt. When he is not writing blogs or working on projects, he likes to go on long walks or play his acoustic guitar.
Read more about Vishwesh Ravi Shrimali

View More author details
Right arrow

Introduction

Consider a scenario where you are the machine learning lead in a marketing analytics firm. Your firm has taken over a project from Amazon to predict whether or not a user will buy a product during festive season sale campaigns. You have been provided with anonymized data about customer activity on the Amazon website – the number of products purchased, their prices, categories of the products, and more. In such scenarios, where the target variable is a discrete value – for example, the customer will either buy the product or not – the problems are referred to as classification problems. There are a large number of classification algorithms available now to solve such problems and choosing the right one is a crucial task. So, you will first start exploring the dataset to come up with some observations about it. Next, you will try out different classification algorithms and evaluate the performance metrics for each classification model to understand whether...

lock icon
The rest of the page is locked
Previous PageNext Page
You have been reading a chapter from
Data Science for Marketing Analytics - Second Edition
Published in: Sep 2021Publisher: PacktISBN-13: 9781800560475

Authors (3)

author image
Mirza Rahim Baig

Mirza Rahim Baig is a Data Science and Artificial Intelligence leader with over 13 years of experience across e-commerce, healthcare, and marketing. He currently holds the position of leading Product Analytics at Marketing Services for Zalando, Europe's largest online fashion platform. In addition, he serves as a Subject Matter Expert and faculty member for MS level programs at prominent Ed-Tech platforms and institutes in India. He is also the lead author of two books, 'Data Science for Marketing Analytics' and 'The Deep Learning Workshop,' both published by Packt. He is recognized as a thought leader in my field and frequently participates as a guest speaker at various forums.
Read more about Mirza Rahim Baig

author image
Gururajan Govindan

Gururajan Govindan is a data scientist, intrapreneur, and trainer with more than seven years of experience working across domains such as finance and insurance. He is also an author of The Data Analysis Workshop, a book focusing on data analytics. He is well known for his expertise in data-driven decision-making and machine learning with Python.
Read more about Gururajan Govindan

author image
Vishwesh Ravi Shrimali

Vishwesh Ravi Shrimali graduated from BITS Pilani, where he studied mechanical engineering, in 2018. He also completed his Masters in Machine Learning and AI from LJMU in 2021. He has authored - Machine learning for OpenCV (2nd edition), Computer Vision Workshop and Data Science for Marketing Analytics (2nd edition) by Packt. When he is not writing blogs or working on projects, he likes to go on long walks or play his acoustic guitar.
Read more about Vishwesh Ravi Shrimali