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Artificial Intelligence Big Data Gathering Predicts Consumer Behavior

2018-09-19
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Release : 2018-09-19
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Book Rating : 688/5 ( reviews)

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Book Synopsis Artificial Intelligence Big Data Gathering Predicts Consumer Behavior by : Johnny Ch LOK

Download or read book Artificial Intelligence Big Data Gathering Predicts Consumer Behavior written by Johnny Ch LOK. This book was released on 2018-09-19. Available in PDF, EPUB and Kindle. Book excerpt: This book has these two research questions need to be answered? (1) Can apply (AI) learning machine predict consumer behaviors? (2) Can (AI) learning machine replace human marketing research method, e.g. survey or human psychological and micro and macro economic methods to predict consumer behaviors more accurate? Nowadays, many businessmen or marketing research professional hope to apply different methods to predict consumer behaviors in order to know what will be future market activities and market changes to help them to choose to implement what kinds of marketing strategies more accurately. The methods include economic environmental change prediction method, consumer individual psychological change prediction method, micro or macro behavioral economic environmental change prediction method, marketing environmental change prediction method etc. different kinds of methods which can be applied to predict how consumer behavioral changes to influence whose behavioral consumption to the manufacturer products sale within one to two years short term or three to five years middle term, even above five years long term business plans. Hence, if the product manufacturers can apply the most suitable consumer behavioral prediction method to predict how consumers' choice will be changed to influence their products sale easily. It will have more beneficial intangible and tangible advantages to achieve the their product easier sale aim to ensure their businesses' future market share to be increased more easier to their countries' choice target sale markets. Otherwise, if they applied the inaccurate consumer behavioral prediction methods to predict how their consumers' behavioral changes wrongly. Then, it will influence their market shares to be same level, even it will decrease their market shares, when their consumer behavioral prediction inaccurately. In my this book first part, I concentrate on indicate whether any artificial intelligence (AI) tools will be one kind of good consumer behavioral prediction method to be choose to apply to predict consumer behaviors. I shall indicate some examples, cases to give reasonable evidences to analyze whether (AI) tools will be one kind suitable tool to be applied to predict when and how consumer behavioral changes. If (AI) can be one kind tool to attempt to be applied to predict when and how consumer behavioral changes. Will it replace other kinds of methods to predict consumer behaviors? Does it have weaknesses to be applied to predict consumer behaviors, instead of strengths? Can it be applied to predict consumer behaviors depending on any situations of only some situation? Finally, I believe that any readers can find answers to answer above these questions in this book. In my this book second part, I shall explain why and how human can possible apply (AI) tool to predict consumer individual emotion. I shall indicate case studies to explain how consumer individual better or worse emotion how to influence whose consumption behavior in different situation. Finally, I shall indicate evidences to conclude how and why (AI) tool that can be used to predict consumer individual emotion and it will have direct relationship to influence consumption behavior, as well as how (AI) tool can assist businessmen to judge whether what reasons case the customer does not choose to buy its product, it is possible because the product high price factor, poor product quality or poor staff service performance or attitude etc. different factors to influence the consumer decides to choose to buy the other product consequently, when the (AI) tool can confirm consumer has good or bad emotion to judge what factors are the causes his decision making at the moment. Readers can understand why and how (AI) tool can be attempt to be applied to predict customer emotion and it can influence positive or negative consumption behavior to the product clearly in this part.

Artificial Intelligence Big Data Gathering How Impacts Consumer Behavior

2018-09-21
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Release : 2018-09-21
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Kind : eBook
Book Rating : 785/5 ( reviews)

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Book Synopsis Artificial Intelligence Big Data Gathering How Impacts Consumer Behavior by : Johnny Ch LOK

Download or read book Artificial Intelligence Big Data Gathering How Impacts Consumer Behavior written by Johnny Ch LOK. This book was released on 2018-09-21. Available in PDF, EPUB and Kindle. Book excerpt: This book has these two research questions need to be answered?(1) Can apply (AI) learning machine predict consumer behaviors?(2) Can (AI) learning machine replace human marketing research method, e.g. survey or human psychological and micro and macro economic methods to predict consumer behaviors more accurate? Nowadays, many businessmen or marketing research professional hope to apply different methods to predict consumer behaviors in order to know what will be future market activities and market changes to help them to choose to implement what kinds of marketing strategies more accurately. The methods include economic environmental change prediction method, consumer individual psychological change prediction method, micro or macro behavioral economic environmental change prediction method, marketing environmental change prediction method etc. different kinds of methods which can be applied to predict how consumer behavioral changes to influence whose behavioral consumption to the manufacturer products sale within one to two years short term or three to five years middle term, even above five years long term business plans. Hence, if the product manufacturers can apply the most suitable consumer behavioral prediction method to predict how consumers' choice will be changed to influence their products sale easily. It will have more beneficial intangible and tangible advantages to achieve the their product easier sale aim to ensure their businesses' future market share to be increased more easier to their countries' choice target sale markets. Otherwise, if they applied the inaccurate consumer behavioral prediction methods to predict how their consumers' behavioral changes wrongly. Then, it will influence their market shares to be same level, even it will decrease their market shares, when their consumer behavioral prediction inaccurately. In my this book first part, I concentrate on indicate whether any artificial intelligence (AI) tools will be one kind of good consumer behavioral prediction method to be choose to apply to predict consumer behaviors. I shall indicate some examples, cases to give reasonable evidences to analyze whether (AI) tools will be one kind suitable tool to be applied to predict when and how consumer behavioral changes. If (AI) can be one kind tool to attempt to be applied to predict when and how consumer behavioral changes. Will it replace other kinds of methods to predict consumer behaviors? Does it have weaknesses to be applied to predict consumer behaviors, instead of strengths? Can it be applied to predict consumer behaviors depending on any situations of only some situation? Finally, I believe that any readers can find answers to answer above these questions in this book. In my this book second part, I shall explain why and how human can possible apply (AI) tool to predict consumer individual emotion. I shall indicate case studies to explain how consumer individual better or worse emotion how to influence whose consumption behavior in different situation. Finally, I shall indicate evidences to conclude how and why (AI) tool that can be used to predict consumer individual emotion and it will have direct relationship to influence consumption behavior, as well as how (AI) tool can assist businessmen to judge whether what reasons case the customer does not choose to buy its product, it is possible because the product high price factor, poor product quality or poor staff service performance or attitude etc. different factors to influence the consumer decides to choose to buy the other product consequently, when the (AI) tool can confirm consumer has good or bad emotion to judge what factors are the causes his decision making at the moment. Readers can understand why and how (AI) tool can be attempt to be applied to predict customer emotion and it can influence positive or negative consumption behavior to the product clearly in this part.

Artificial Intelligence Big Data Gathering Consumer Behavior Prediction

2018-09-24
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Release : 2018-09-24
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Kind : eBook
Book Rating : 021/5 ( reviews)

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Book Synopsis Artificial Intelligence Big Data Gathering Consumer Behavior Prediction by : Johnny Ch Lok

Download or read book Artificial Intelligence Big Data Gathering Consumer Behavior Prediction written by Johnny Ch Lok. This book was released on 2018-09-24. Available in PDF, EPUB and Kindle. Book excerpt: Understanding food industry marketing communication ( pull marketing communication strategy) In food industry, it needs have an efficient marketing communication strategy in order to the food providers can persuade their food consumers to choose to buy their food easily. Firstly, the food provider needs to understand the global consumer's prefence to find how any why to persuade they to choose to buy their food products. It is important to develop marketing communication strategies to solve challenges and find or seek opportunities in the communicaion process between the food providers (manufacturers) and its food retailers, food wholesalers ( supermarkets, food stores). In its communication marketing strategy, it needs to consider two channels: The first channel is supply chain development and management channel. The food supplier ( manufacturer) needs to learn how to manage its differene kinds of food supply chain, learn how to manage its food quality and food transportation logistics methods and learn how to communicate to its food retailers or food wholesalers how to help it to sell its different kinds of food to let consumers to buy attractively. The another channel is that it needs to learn how drive food consumer behavioral consumptionand learn hoe to predict why whose consumption behavioral change. Hence, the food supplier ( manufacturer) needs to learn how to communicate with its food retailers and food wholesalers to know how any why its food consumers' choices to but its foods behavioral change. It concerns that it needs to communicate with them to learn how and why its old food consumers' taste change, researchs and builds new food product brand development as well as learns how to achieve efficient marketing communication strategy and point of sale strategies. Finally, the food supplier ) manfacturer) will gather all data from there both channels to brings all data together to implement strategy revisited and revised the weaknesses and keep strengths in order to find the most useful solvable method to attract new potential food consumers to choose to buy to food or keep its old consumers to continue to choose to buy its food. Hence, one efficient marketing communication strategy which can represent the " PROMOTION" element of the marketing mix. Such on this food industry case, food marketing is all about food selling and communicating ideas be they to buy a good taste of food or good food salespeople service or take notice of a publis health apeal ( e.g. eat fruit and vegetabl). None of this is possible without a good and effective communication strategy between the food supplier ( manufacturer) and its food retailers or food wholesalers. In many food and agricultural markets, the food and agriculture suppliers ( producers and supply chain/ channel partners, it has become increasingly difficult to differentiate between food or agricultural product offerings. So, the number of available and visable positioning opportunities also diminishes. So, it implies that efficient communication strategy can assist them to create long-life marketing communication opportunities to promote their any agriculturl food success. Some of the key roles that promotion can play in food marketing include as below:

Artificial Intelligence Predicts Consumer Behavioral Tool Business Journey

2018-11-23
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Release : 2018-11-23
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Kind : eBook
Book Rating : 449/5 ( reviews)

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Book Synopsis Artificial Intelligence Predicts Consumer Behavioral Tool Business Journey by : Johnny Ch Lok

Download or read book Artificial Intelligence Predicts Consumer Behavioral Tool Business Journey written by Johnny Ch Lok. This book was released on 2018-11-23. Available in PDF, EPUB and Kindle. Book excerpt: (AI) big data gathering consumer behavior prediction method can give these benefits to manufacturers and consumers both, such as: New concerns arise because (AI) technological advance which have enables reducing cost of collecting, storing, processing and using data in mass quantities extend information beyond a single transaction. These advances are often summarized by the big data, it means charge volume of transaction-level data that could identify individual consumers by itself or in combination with the datasets.The popular (AI) takes big data as in input in order to understand, predict and influence consumer behavior. Modern (AI) is used by legitimate companies, could improve management efficiency motivate innovations and better match demand and supply. But (AI) in the wrong hand, also allows the mass production of fraud and deception. Since, data can be stored, traded and used long after the transaction. Future data use is likely to grow with data processing technology, such as (AI) big data gathering consumer and manufacturer behavioral prediction method from internet channel. Thus, future (AI) big data learning machine can also help consumers to choose the best brand of manufacturer's products among different brands of manufacturers products choice to compare their past sale performance from internet. They can apply (AI) big data statistic method to gather all different manufacturers' similar products past sale data to compare their advantages and disadvantages to make the best decision to choose to buy which brand of product is the most suitable to them to buy to use. It seems (AI) big data can also help consumers to predict any manufacturers' manufacturing behaviors or manufacturing performance whether they are improving their product quality or are deteriorating their product quality. Thus, (AI) big data tool is also important to help customers to predict future the different brands of manufacturer performance will have improvement in possible.

Learning Big Data Gathering to Predict Travel Industry Consumer Behavior

2018-10-08 Business & Economics
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Release : 2018-10-08
Genre : Business & Economics
Kind : eBook
Book Rating : 079/5 ( reviews)

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Book Synopsis Learning Big Data Gathering to Predict Travel Industry Consumer Behavior by : Johnny Ch Lok

Download or read book Learning Big Data Gathering to Predict Travel Industry Consumer Behavior written by Johnny Ch Lok. This book was released on 2018-10-08. Available in PDF, EPUB and Kindle. Book excerpt: Challenges of artificial intelligence, algorithms technology and machine learning impact to consumption marketThe challenges of artificial intelligence, algorithms technology and machine learning impact to consumption market are similar to travelling entertainment consumption market. Markets have played a key role in providing individuals and businesses with the opportunity to gain from trade. If (AI) big data gather tool can predict how to change potential customer behavior in success. The challenges to consumers will face that the overall market consumption model will be dominated by the businessmen only. So, it is not fair or reasonable to consumers, because (AI) big data gather tool has controlled or dominated all consumers' minds and it has predicted how and why every kind of product or service consumer shopping model or consumption behaviors how will change.It will bring this questions: How can market designers learn the characteristics necessary to set optimal, or at least better, reserve prices after they had gather all data to conclude the analytical results of their consumers behaviors how will change? How can market designers better learn the environments of their markets?

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