HackerEarthPredictGiftPrices

Problem Statement

One of the main goals of online retailers is to increase the desirability and the value of the products. To achieve this goal, various promotional techniques are planned. Among these techniques, offering promotions and special offers to the customers is an effective method of driving ancillary traffic to the site, acquiring new customers, and growing the revenue. These advancements can likewise be utilized to encourage new visitors to become loyal customers. An online retailer has launched a special sale of gifts for the Good Friday event. They have approached you to build a model that helps them to set the prices for their gifts. The data provided is a combination of multiple categories and dates related to gifts. However, based on these certain features you are required to build a model that can predict the prices of the different packages.

Rank : 27