Neptune.ai Case Studies Leveraging Machine Learning to Analyze Impact of Promotional Campaigns on Sales

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	Leveraging Machine Learning to Analyze Impact of Promotional Campaigns on Sales Neptune.ai

Leveraging Machine Learning to Analyze Impact of Promotional Campaigns on Sales

Neptune.ai

Technology Category	Analytics & Modeling - Machine Learning Robots - Collaborative Robots
Applicable Industries	Equipment & Machinery Retail
Applicable Functions	Procurement Sales & Marketing
Use Cases	Experimentation Automation Time Sensitive Networking
Services	System Integration Training
Challenge	deepsense.ai, an AI-focused software services company, was tasked with a project for a leading Central and Eastern European food company. The project involved using machine learning to analyze the impact of promotional campaigns on sales. The food company runs various promotional campaigns for different products and wanted to create a model that predicts the number of sales per day for a given product on a promotional campaign. The challenge was the complexity of the data involving a large corpus of data sources, hundreds of different products, contractors, thousands of contractors’ clients, different promotion types, various promotion periods, overlapping promotions, and actions of the competition. It was also difficult to determine whether the sales increase was caused by any of the promotions applied, by the synergy between them, or it took place regardless of any campaigns. Read More
About Customer	The customer in this case study is a leading Central and Eastern European food company. They run various promotional campaigns for different products, including jams, juices, and pickles. Some of these campaigns are dedicated to the main contractors, some to contractors’ clients, and some are directly aimed at the consumer. The company wanted to create a model that predicts the number of sales per day for a given product that is on a promotional campaign, thus analyzing the impact of that campaign on the sale of that product. They sought the expertise of deepsense.ai to build this model and analyze the effectiveness of their promotional campaigns. Read More
Solution	To solve this complex problem, deepsense.ai's team decided to use a separate model for each product, contractor, and sometimes clients’ type, leading them to model more than 7000 separate cases. This required training more than 120,000 models, which presented a challenge in itself. The team needed an efficient solution for tracking experiments, visualizations and dashboarding, and saving metadata. They chose to use Neptune, a tool they were already familiar with, to manage these issues. Neptune was integrated into the project’s codebase, and was used for experiment tracking, model artifacts, and visualizations. This allowed the team to focus on the problem at hand, rather than managing the models. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Machine Learning

Robots - Collaborative Robots

Applicable Industries

Equipment & Machinery

Retail

Applicable Functions

Procurement

Sales & Marketing

Use Cases

Experimentation Automation

Time Sensitive Networking

Services

System Integration

Training

Challenge

deepsense.ai, an AI-focused software services company, was tasked with a project for a leading Central and Eastern European food company. The project involved using machine learning to analyze the impact of promotional campaigns on sales. The food company runs various promotional campaigns for different products and wanted to create a model that predicts the number of sales per day for a given product on a promotional campaign. The challenge was the complexity of the data involving a large corpus of data sources, hundreds of different products, contractors, thousands of contractors’ clients, different promotion types, various promotion periods, overlapping promotions, and actions of the competition. It was also difficult to determine whether the sales increase was caused by any of the promotions applied, by the synergy between them, or it took place regardless of any campaigns.

About Customer

The customer in this case study is a leading Central and Eastern European food company. They run various promotional campaigns for different products, including jams, juices, and pickles. Some of these campaigns are dedicated to the main contractors, some to contractors’ clients, and some are directly aimed at the consumer. The company wanted to create a model that predicts the number of sales per day for a given product that is on a promotional campaign, thus analyzing the impact of that campaign on the sale of that product. They sought the expertise of deepsense.ai to build this model and analyze the effectiveness of their promotional campaigns.

Solution

To solve this complex problem, deepsense.ai's team decided to use a separate model for each product, contractor, and sometimes clients’ type, leading them to model more than 7000 separate cases. This required training more than 120,000 models, which presented a challenge in itself. The team needed an efficient solution for tracking experiments, visualizations and dashboarding, and saving metadata. They chose to use Neptune, a tool they were already familiar with, to manage these issues. Neptune was integrated into the project’s codebase, and was used for experiment tracking, model artifacts, and visualizations. This allowed the team to focus on the problem at hand, rather than managing the models.

Impact #1	The use of Neptune in the project proved to be highly beneficial for the deepsense.ai team. It allowed them to store model metadata without worrying about synchronization issues with the particular experiment, and saved them weeks of work that would have been spent trying to manage directories and sheets. They were also able to run over 120,000 experiments without worrying about storage deficits and disk failures. The team was able to compare multiple promotions results with different filters to get the best results. The inclusion of Neptune into the MLOps workflow not only improved the quality of results but also the speed at which those results were achieved.

Impact #1

The use of Neptune in the project proved to be highly beneficial for the deepsense.ai team. It allowed them to store model metadata without worrying about synchronization issues with the particular experiment, and saved them weeks of work that would have been spent trying to manage directories and sheets. They were also able to run over 120,000 experiments without worrying about storage deficits and disk failures. The team was able to compare multiple promotions results with different filters to get the best results. The inclusion of Neptune into the MLOps workflow not only improved the quality of results but also the speed at which those results were achieved.

Benefit #1	Managed to model more than 7000 separate cases
Benefit #2	Trained more than 120,000 models
Benefit #3	Ran 120,000+ experiments without worrying about storage deficits and disk failures

Benefit #1

Managed to model more than 7000 separate cases

Benefit #2

Trained more than 120,000 models

Benefit #3

Ran 120,000+ experiments without worrying about storage deficits and disk failures

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Overview

Leveraging Machine Learning to Analyze Impact of Promotional Campaigns on Sales

Operational Impact

Quantitative Benefit