Behavioral Segmentation of Black Friday Consumers
Keywords:
Customer Behaviour, Black Friday Sale, ShoppingAbstract
This study explores Black Friday sales by looking at customer behaviour, store dynamics, and sales patterns, with a focus on how these factors affect international retail events both offline and online. The study reveals customer preferences impacted by marketing tactics, product availability, and discounts using statistical analysis, predictive modelling, and historical sales data. By utilising insights into consumer behaviour during high-demand times like Black Friday, the findings seek to help businesses improve marketing strategies, improve customer experiences, and increase revenue. In the end, they provide useful ideas for optimising sales performance.
References
Shashank Awasthi, et al., (2023) “Black Friday sale prediction using supervised machine learning” International Conference on Artificial Intelligence and Smart Communication (AISC).
V. Poojitha, Dr. V. S. S. S. Balaram, et al., (2024) “Machine Learning Application for Black Friday Sales Prediction Framework”. International Journal of Advanced Research in Science and Technology (IJARST) 14(5), 268
Mazhar Javed Awan, et al., (2021) “A Big Data Approach to Black Friday Sales” Intelligent Automation & Soft Computing 27(3):785–797