This is my approach on Analytics Vidhya Black Friday hackathon. Here you can find a complete step-by-step analysis on the issue as well as my Python code and conclusions.
Introduction A retail company “ABC Private Limited” wants to understand the customer purchase behaviour (specifically, purchase amount) against various products of different categories. They have shared purchase summary of various customers for a selected high volume products from last month.
They want to build a model to predict the purchase amount of customer against various products which will help them to create personalized offer for customers against different products.