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Thesis Subject: Market Basket Analysis

Posted by smadani81 on 125 Points
Hi
This is Samira, I m studying Ecommerce and industrial Marketing
I'm interested to do my Master thesis in Market Basket analysis by Data Mining tools. But I'm really confused because market basket analysis by itself is something classic by itself and I want to do something new in this field.
So I can not define my thesis topic. What I need is what other related subjects to Market Basket analysis are or other advices that perhaps you have for me to define a good subject.
I'd appreciated if someone helps me.
Thanks
Samira

  • Posted by MANSING on Member
    Hi Samira,

    Go to the basic first:

    • Market Basket: A group of products or services in a specific market

    • Data Mining: It implies "digging through tons of data" to uncover patterns and relationships contained within the business activity and history.

    How can you inter –relate these two things and come with new subject. What exactly happening in this area? any thing new? Do you know any research we can do?

    Can we use some thing like –

    1. Does Market Basket analysis need new Data Mining tools?
    2. Critical analysis of Marketing basket and new data mining tools.
    3. The future of Data mining tools and market basket

    You should follow the website for better search.

    I hope this will help!

    Regards,

    M Bhor

    Web:

    1.http://www.eco.utexas.edu/~norman/BUS.FOR/course.mat/Alex/
    2. http://en.wikipedia.org/wiki/Data_mining
  • Posted by smadani81 on Author
    Hi
    first of all thank u MANSING,
    These subjects that you mentioned are good subjects but what i meant was find a new subject in market basket analysis beyond the classic ones and using DM just as a tools, for example finding a new keyword like CRM and coonect it to Market basket analysis
    I ll be glad if help me
    Regards
    Samira

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