Skip to content

The Personalized Offer Marketing Strategy project develops a marketing strategy for a restaurant that offers personalized discounts/offers. It uses a survey to understand user behavior and machine learning algorithms to develop a personalized marketing strategy. The outcomes will increase revenue and customer satisfaction.

Notifications You must be signed in to change notification settings

SudeepSinha09/Kaggle-Marketing_Strategy-Personalised_Offer-Problem

Repository files navigation

Marketing Strategy - Personalised Offer

Introduction

This is a machine learning project that predict the behavior regarding offers and discounts. The dataset used in this project was provided by Kaggle.

About Me

My name is Sudeep Sinha, and I completed this machine learning project on Kaggle under the supervision of IIT Madras. The dataset was provided by Kaggle as part of a contest, and where I achieved a ranking of 21 out of 364 participants, which puts me in the top 6% of participants. After completing the project contest, I gave a viva to IIT Madras POD and received an A grade for the project viva.

About the Project

To approach this project, I followed several steps. Firstly, I looked at the big picture of the project and identified the problem as a multi-class classification problem. Secondly, I obtained the data, which included samples of the training and test data, data statistics, and information. Thirdly, I performed exploratory data analysis (EDA) using plots such as scatter plots to analyze the data.

Fourthly, I conducted data visualization to create a correlation matrix and heatmap to gain insights into the relationship between variables. After this, I prepared the data for machine learning algorithms by separating features and labels from the training and test sets and using various techniques like MinMaxScaler, StandardScaler, MaxAbsScaler, and LabelBinarizer for data cleaning and preprocessing.

Fifthly, I selected and trained various machine learning models such as Baseline model, Random Forest, Bagging, Boosting, and XGBoost by performing hyperparameter tuning to improve their performance. Finally, I submitted my sample output to the contest, which represented the output of my machine learning model selection.

Overall, this project was a great learning experience for me. It allowed me to develop skills in data analysis, visualization, and machine learning. The guidance and supervision of IIT Madras helped me to refine my skills and achieve an excellent outcome in the contest, which was recognized by the A grade that I received for my viva. I am grateful for the opportunity to have worked on this project and hope to continue developing my skills in machine learning and data analysis.

Project Details

Project Name

Marketing Strategy - Personalised Offer

Problem Statement

The aim of this project was to gain insights into user behavior and develop a marketing strategy to personalize offers to increase the probability of customers availing of these offers.

The objective of this project was to understand user behavior regarding offers and discounts. The data was collected through a survey where participants were given different scenarios to assess their preference for discount/offers for dining/takeaway. Along with the user response, some basic information about the users was also collected.

For example, a scenario might be presented to a user as follows: "You are driving from IIT Madras to Chennai Airport along with your family and you get an offer (10 percent discount on the bill) from the famous Chinese restaurant in Guindy. Will you avail of the offer while traveling?

Steps Taken

Here are the steps I took to complete this project:

Step 1: Look at the Big Picture

The first step was to understand the problem statement and the objective of the project. I needed to have a clear understanding of what I was trying to achieve before I could move on to the next steps.

Step 2: Get the Data

The dataset was provided by Kaggle, and it consisted of training and testing data. Before moving on to the analysis and modeling stage, I needed to explore the data and check its quality.

Step 3: Exploratory Data Analysis (EDA)

I performed EDA on the dataset to get insights into the data and check if there were any anomalies or outliers. I used scatter plots to visualize the relationships between variables.

Step 4: Data Visualization

I created a correlation matrix to understand the relationship between the variables. I also used a heatmap to visualize the correlation matrix, which helped me identify the variables that had the most significant impact on the outcome.

Step 5: Prepare the Data for Machine Learning Algorithms

After exploring and analyzing the data, I needed to prepare it for the machine learning algorithms. I separated the features and labels from the training and testing sets, cleaned the data, and preprocessed it using MinMaxScaler, StandardScaler, MaxAbsScaler, and LabelBinarizer.

Step 6: Selection and Training of Machine Learning Models

I used a baseline model to establish a benchmark, and then I experimented with different algorithms, such as Random Forest, Bagging, Boosting, and XGBoost. I also performed hyperparameter tuning to optimize the algorithms' performance.

Step 7: Sample Submission

Finally, I submitted the sample output of the model selection to Kaggle to see how well my models performed.

Conclusion

In conclusion, this project was an excellent opportunity for me to apply my machine learning skills to a real-world problem. I gained valuable insights into user behavior, and I developed a marketing strategy to personalize offers to increase the probability of customers availing of these offers.

About

The Personalized Offer Marketing Strategy project develops a marketing strategy for a restaurant that offers personalized discounts/offers. It uses a survey to understand user behavior and machine learning algorithms to develop a personalized marketing strategy. The outcomes will increase revenue and customer satisfaction.

Topics

Resources

Stars

Watchers

Forks

Releases

No releases published

Packages