Product classification is the process of assigning products to predefined categories using machine learning algorithms. It automates the organization of large inventories, such as assigning a smartphone to "Electronics > Mobile Phones" or a pair of sneakers to "Clothing > Footwear." By analyzing patterns in data, machine learning enables systems to handle massive datasets with accuracy, improving customer experience and operational efficiency.
For instance, in a marketplace like Amazon, an efficient classification system ensures that products are discoverable in the right categories, leading to higher visibility and sales.