Published Paper Details:

In the thriving realm of e-commerce and digital transactions, effective price negotiation stands as a cornerstone for both consumers and businesses. This project embarks on a journey to redefine price negotiation dynamics by harnessing the power of Natural Language Processing (NLP) models within chatbot frameworks. Our aim is to revolutionize user interactions and streamline negotiation processes through the innovative integration of NLP techniques. These models facilitate the analysis of user inputs, interpretation of negotiation contexts, and formulation of optimal bargaining tactics, thereby enhancing user experiences and fostering mutually beneficial outcomes. Through iterative refinement utilizing performance metrics and user feedback, we strive to elevate the efficacy and efficiency of price negotiation interactions, ultimately empowering users and businesses in their decision-making processes. This project exemplifies the transformative potential of NLP-based chatbots in reshaping price negotiation dynamics within digital marketplaces. By bridging the gap between human-like negotiation dynamics and automated conversational agents, we pave the way for enhanced user experiences, streamlined transactions, and empowered consumer decision-making in the competitive landscape of e-commerce.