Machine Learning Applications Using Python: Cases Studies from Healthcare, Retail, and Finance

© Puneet Mathur 2019

Puneet MathurMachine Learning Applications Using Pythonhttps://doi.org/10.1007/978-1-4842-3787-8_12

12. Monetizing Retail Machine Learning

Puneet Mathur¹ 

(1)

Bangalore, Karnataka, India

 

In this chapter, I am going to put forward some innovative ideas that can be monetized using machine learning. I will also show you some examples where a similar approach has been used and has succeeded.

The three areas for monetizing are the following:

• Connected retail stores

• Connected warehouses

• Collaborative community mobile stores

In a way, as I will explain further, the concepts of connected retail stores and connected warehouses are linked to each other. We will, however, look at them separately to understand them in greater detail and then see ...