Status | 已发表Published |
Title | Predicting consumer product demands via Big Data: the roles of online promotional marketing and online reviews |
Creator | |
Date Issued | 2017-09-02 |
Source Publication | International Journal of Production Research
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ISSN | 0020-7543 |
Volume | 55Issue:17Pages:5142-5156 |
Abstract | This study aims to investigate the contributions of online promotional marketing and online reviews as predictors of consumer product demands. Using electronic data from Amazon.com, we attempt to predict if online review variables such as valence and volume of reviews, the number of positive and negative reviews, and online promotional marketing variables such as discounts and free deliveries, can influence the demand of electronic products in Amazon.com. A Big Data architecture was developed and Node.JS agents were deployed for scraping the Amazon.com pages using asynchronous Input/Output calls. The completed Web crawling and scraping data-sets were then preprocessed for Neural Network analysis. Our results showed that variables from both online reviews and promotional marketing strategies are important predictors of product demands. Variables in online reviews in general were better predictors as compared to online marketing promotional variables. This study provides important implications for practitioners as they can better understand how online reviews and online promotional marketing can influence product demands. Our empirical contributions include the design of a Big Data architecture that incorporate Neural Network analysis which can used as a platform for future researchers to investigate how Big Data can be used to understand and predict online consumer product demands. |
Keyword | Big Data neural network online marketplace online reviews product demands promotional marketing |
DOI | 10.1080/00207543.2015.1066519 |
URL | View source |
Indexed By | SCIE ; SSCI |
Language | 英语English |
WOS Research Area | Engineering ; Operations Research & Management Science |
WOS Subject | Engineering, Industrial ; Engineering, Manufacturing ; Operations Research & Management Science |
WOS ID | WOS:000404671500022 |
Scopus ID | 2-s2.0-84937788667 |
Citation statistics | |
Document Type | Journal article |
Identifier | http://repository.uic.edu.cn/handle/39GCC9TT/10988 |
Collection | Research outside affiliated institution |
Corresponding Author | Chong, Alain Yee Loong |
Affiliation | 1.Nottingham University Business School China,University of Nottingham Ningbo China,Ningbo,China 2.School of Computer Science,International Doctoral Innovation Centre,University of Nottingham Ningbo China,Ningbo,China |
Recommended Citation GB/T 7714 | Chong, Alain Yee Loong,Ch'ng, Eugene,Liu, Martin J.et al. Predicting consumer product demands via Big Data: the roles of online promotional marketing and online reviews[J]. International Journal of Production Research, 2017, 55(17): 5142-5156. |
APA | Chong, Alain Yee Loong, Ch'ng, Eugene, Liu, Martin J., & Li, Boying. (2017). Predicting consumer product demands via Big Data: the roles of online promotional marketing and online reviews. International Journal of Production Research, 55(17), 5142-5156. |
MLA | Chong, Alain Yee Loong,et al."Predicting consumer product demands via Big Data: the roles of online promotional marketing and online reviews". International Journal of Production Research 55.17(2017): 5142-5156. |
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