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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 Predicts Consumer Behaviors

2020-02-16
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Release : 2020-02-16
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Book Synopsis Artificial Intelligence Predicts Consumer Behaviors by : Johnny Ch LOK

Download or read book Artificial Intelligence Predicts Consumer Behaviors written by Johnny Ch LOK. This book was released on 2020-02-16. Available in PDF, EPUB and Kindle. Book excerpt: Challenge to using (AI) neural networks to predict customer behavior from big data gather tool(AI) big data gather tool will encounter the challenge: How can predict customer behavior be represented as sequential data describing the interactions of the customer with a company or an (AI) data gather system through the time, e.g. these interactions are items that the customer purchase or views ? So, every customer data gather , (AI) needs to spend time to analyze how and why to cause whose consumption behavioral choice. It is too difficult matter or judgement for (AI) learning. So, (AI) needs to spend time to learn how to analyze every customer's shopping behavior or actin in order to gather all different consumers' past shopping action information in order to help business owners to predict future its potential customer shopping behavior how to change more clear and accurate prediction. (AI) big data gather tool needs to learn to know that how to judge every customer interaction likes purchases over time can be represented with sequential data. Sequential data has the main property that the order of the information is important. Many (AI) machine learning models are not suited for sequential data, as they consider each input sample independent from previous ones. Therefore, at the end of the sequence, (AI) big data gather learn machines need to keep in their internal state of every customer purchase data, kind of product or service, price , whole year consumption times form all previous inputs, making them suitable for this type of data.However, consumer behavior can be represented as sequential data describing the interactions through the time. Examples of these interactions are the items that the user purchases or views. Therefore, the history of interactions can be modeled as sequential data, which has the particular trial that an incorporate a temporal aspect. For example, if a user buys a new mobile phone, who might purchase accessories for this mobile phone in the near future or it the user buys a electronic book or paper book , he might be interested in books by the same author. Therefore, to make accurate predictions is important to model this temporal aspect correctly. To solve this predictive challenge of consumers to buy the product. One count the number of purchased products of a particular category in the last N days, or the number of days since the last purchase.So, the (AI) big data gather designers can attempt to produce a feature vector which can be fed into a machine learning algorithm such as " logistic regression" will be the main feature and function to any (AI) big data gather machine to learn how to apply this " logistic regression" function or feature to predict any customer behavioral change for any product purchase or service consumption to the (AI) predictive consumer behavioral business users. Every different kinds of product purchases or services consumption will be needed to design " different model of logistic regression" in order to follow the kind of business to predict whose consumer purchase or service consumption behavior to predict more accurate.

Artificial Intelligence Big Data Gathering How Predicts Consumer Behavior

2018-09-24
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Release : 2018-09-24
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Book Rating : 545/5 ( reviews)

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

Download or read book Artificial Intelligence Big Data Gathering How Predicts Consumer Behavior written by Johnny Ch LOK. This book was released on 2018-09-24. Available in PDF, EPUB and Kindle. Book excerpt: The case study refers to apparent hypocrisy of clients who may claim to be concerned about the environment, but nevertheless continue to fly what might bring about a narrowing of this gap between what consumers think and what they actually do?(AI) can give opinions to solve the this gap between what consumers think and what they actually do if it concludes the factor causes its passengers to choose another airline is environment pollution factor. Then it can give opinions to solve as below:In fact, some apparent hypocrisy of consumers who may claim to be concerned about the global warming harmful natural environment problem due to airline companies, e.g. Easy Jet,Ryanair etc. western countries' airlines which allowed fossil fuels produced harmful consequences of excessive emissions to atmosphere, but nevertheless continue to fly. However, I might recommend these methods to bring about a narrowing of this gap between what consumers think and what they actually do.I think to bring a narrowing of this gap between consumers were happy to carry on airplanes to fly and it would not influence them to concern about climate change problem at the same time.There was certainly a possible that governments would intervene. Such as the UK government and European commission had floated the idea of taxing aviation fuel and brought aircraft emissions within scope of the European emission trading scheme. Thus, if these western countries governments raised to charge aviation fuel taxing, it would possible to threaten any western airlines to shorten any flight routes hours and flight flying distance to fly to destination of the countries' airports from these airline companies' every country's airport, so which would not need to use more fuels for its airplanes to use if it had shorten flight flying routes distance to arrive other countries' airports. Hence, the airlines did not want to pay higher aviation tax to government, so which would attempt to shorten some flight flying routes from long distance to be short distance when their airplanes needed to fly to some other countries' airport to aim to buy less fuel numbers or which would not buy more airplanes.Due to they needed to pay high aviation tax expenditure to their countries governments every year. Thus, it was possible that high fuel tax expenditure would cause airlines to shorten flight routes time. The most important, when some airlines decided to buy less fuels. These airlines might bring about a narrowing of this gap between what consumers think and what they actually do and these airlines were possible to raise their competitive ability, due to which would possible to persuade the concerned environment protective passengers who would choose to buy these airlines air tickets to more than to buy the other airlines' air tickets. Due to some airlines could not reduce to buy more fuel numbers to provide their airplanes to fly and which would increase air pollution to sky seriously, those airlines' spending excessive long hours ( time) of every flight flying routes to fly to different countries' airports which would use more fuel to fly to cause air pollution to harm natural environment seriously and which would let these clients to feel unhappy to choose to buy air tickets to sit their airplanes possibly. Hence, different governments raised aviation tax would cause many airlines to reduce to buy too much fuel numbers to use possibly. It seemed that airlines needed have a social responsible duty to concern they needed to buy more fuels if they increased airplanes numbers, then they would raise air pollution to cause global warming problem seriously. Hence, I think passengers would not buy air tickets to fly to travel by airplanes when who would have long days of holidays.

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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