In order to revitalize rural economies through the empowerment of self-help organizations and the promotion of economic growth, this study offers a revolutionary cooperative commerce platform. The platform integrates cutting-edge features such as digital ledger and inventory management for sellers, demand forecasting, and dynamic pricing, thereby fostering optimized production and efficient marketplaces. Central to the platform's efficacy is the implementation of user segmentation, which categorizes users based on income and spending behaviors, enabling targeted marketing strategies and continuous application improvements to enhance user engagement and profitability. Leveraging machine learning algorithms, personalized user experiences are cultivated, elevating buyer satisfaction and overall engagement. Additionally, administrative tools provide valuable insights for informed decision-making. Preliminary results demonstrate improved financial management for self-help groups, heightened economic activities, and an enriched user-centric experience. Identified challenges and proposed future enhancements underscore the platform's commitment to adaptability and responsiveness to the evolving needs of rural communities, ensuring sustained relevance and impact.
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Skandarsini et al. (2024) studied this question.
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