International Journal Of Imaging

Abstract

Price Negotiating Chat bot on E-commerce website

Author: Mallekedi Shivani, Ponaganti Sushma, P.Mokshith Goud, Munagala Sharath Reddy, Y. Harathi

Abstract:

The rise ofinternet purchasing inthe last few years is quite remarkable. Despite this growth, not all aspects of internet buyinghave beenperfected. For example, unlike in physical stores, you can't haggle with vendorsaboutprices. A chatbotfor productnegotiations is now live.Customers areable to acquire a good dealon product(s) with thehelpof the chatbot. The approachmightend uphurtingeither thegoods seller or the customer's budget,as it affects a lot of different partsof online buying. We have devisedan algorithm that, in conjunctionwith the forecastof previouslyaccessible data,canoffer a priceinorder to circumventsuch scenarios. Usingunrelateddata elementsor qualities or techniques that aren't a goodfit for a certain dataset might reduce the accuracy of price prediction. In light of the fact that erroneous product price predictions may lead to significant financial losses for online retailers, these companies avoid relyingonly onprice predictionalgorithms.Whendata becomes too