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Learning Big Data Gathering Tool to Predict Retail and Service Industry

2018-10-08
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Release : 2018-10-08
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Kind : eBook
Book Rating : 406/5 ( reviews)

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Book Synopsis Learning Big Data Gathering Tool to Predict Retail and Service Industry by : Johnnny Ch LOK

Download or read book Learning Big Data Gathering Tool to Predict Retail and Service Industry written by Johnnny Ch LOK. This book was released on 2018-10-08. Available in PDF, EPUB and Kindle. Book excerpt: (AI) digital data gather technology predicts food consumer behavior's main barriersWhat are the main barriers to food industry? When the food manufacturer applies (AI) big data gather technology to predict food consumer behavior? The barriers include that the food manufacturer / provider needs to decide whether when the right time is applied to the right (AI) digital big data prediction tool channel to find the right food consumers to be chose to full food consumption satisfactory questionnaires, how to gather multi-class food consumption classifiers on real-world food consumers transactional data from the food sale domain consistently to show the critical numbers of different kinds of food items at which the predictive performance most accurate? So, any food manufacturer / provider's advanced in (AI) digital data gather warehousing and management technologies can provide that opportunities for food business to enhance long term relationship with the food providers' clients. However, food industry's (AI) digital data gather aims to improve food customer product targeting, increase food customer loyalty and food purchase probability to the food supplier. To effective identify, understand and satisfy the needs of their food customers, the food suppliers need to develop the right (AI) digital questionnaire questions and find the right food customers to fill every right questions from every digital questionnaire at the right time through the right channel. Above of all these, they will be the barriers when one food supplier expects its (AI) digital data gather questionnaires which can conclude the most accurate prediction concerns any kinds of consumer food product choices. So, such as (AI) digital data prediction model, it is needed to incorporate into the food market segmentation, food customer targeting, and food challenging decisions with the goal of maximizing the total food customer lifetime. For example, (AI) big data gather transaction data is reasonable and accurate for building predictive models. Transaction data can be electronically collected and readily made available for data mining in lot quantity at minimum extra costs.Suggestion to apply (AI) prototypes of food customer profiles method to predict food customer behavioral changes. Prototypes of food customer profiles mean to be extracted from the discovered bins and multi-class classifies models are built using those prototypes. The learned models can than be used to predict the class of food customer profiles ( e.g. restaurants, school canteens, supermarkets etc. food suppliers) based on their food purchases. The approach is validated on the case study of a food retail and food service company operating in food and beverages market.

Learning Big Data Gathering to Predict Retail and Service Industry Consumer Behavior

2018-10-05
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Release : 2018-10-05
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Kind : eBook
Book Rating : 472/5 ( reviews)

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Book Synopsis Learning Big Data Gathering to Predict Retail and Service Industry Consumer Behavior by : Johnny Ch LOK

Download or read book Learning Big Data Gathering to Predict Retail and Service Industry Consumer Behavior written by Johnny Ch LOK. This book was released on 2018-10-05. Available in PDF, EPUB and Kindle. Book excerpt: This book researchs how to apply big dta gathering tool to predict retail and service industry consumer behavior. This book first part aims to explain why and how future artificial intelligent technology ( big data gathering method) can be applied to assit businesses to predict why and when and how consumer behavior changes in retail industry. I shall explain why traditional psychological and statistic and marketing methods are applied to predict consumer behaviors, human's judgement and analytical effort will be worse to compare AI machine's judgement and analytical effort. Also, I shall indicate different business organizations why they apply AI big data gathering method to help them to design any questionnaires ( surveys) questions which will be more valid and useful to conclude human's questionnaires ( surveys) design questions method.This book has these two research questions need to be answered?(1)Can apply (AI) learning machine predict consumer behaviors in retail industry?(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 in retail industry?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.

Big Data Gathering Predicts Retail Industry Consumer Behavior

2018-09-28 Business & Economics
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Release : 2018-09-28
Genre : Business & Economics
Kind : eBook
Book Rating : 618/5 ( reviews)

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Book Synopsis Big Data Gathering Predicts Retail Industry Consumer Behavior by : Johnny Ch Lok

Download or read book Big Data Gathering Predicts Retail Industry Consumer Behavior written by Johnny Ch Lok. This book was released on 2018-09-28. Available in PDF, EPUB and Kindle. Book excerpt: Prepare This book aims to explain why and how future artificial intelligent technology ( big data gathering method) can be applied to assit businesses to predict why and when and how consumer behavior changes in retail industry. I shall explain why traditional psychological and statistic and marketing methods are applied to predict consumer behaviors, human's judgement and analytical effort will be worse to compare AI machine's judgement and analytical effort. Also, I shall indicate different business organizations why they apply AI big data gathering method to help them to design any questionnaires ( surveys) questions which will be more valid and useful to conclude human's questionnaires ( surveys) design questions method. This book has these two research questions need to be answered? (1) Can apply (AI) learning machine predict consumer behaviors in retail industry? (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 in retail industry? 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.

Artificial Intelligent Data Gathering Tool Predicts Retail and Service Industry

2018-10-10
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Release : 2018-10-10
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Kind : eBook
Book Rating : 849/5 ( reviews)

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Book Synopsis Artificial Intelligent Data Gathering Tool Predicts Retail and Service Industry by : Johnny Ch LOK

Download or read book Artificial Intelligent Data Gathering Tool Predicts Retail and Service Industry written by Johnny Ch LOK. This book was released on 2018-10-10. Available in PDF, EPUB and Kindle. Book excerpt: Thus, I believe that artificial intelligent "big data" gathering method can be suggested to be applied to attempt to predict consumer behavioral changes in global business environment, the reasons are as below: On the consumer's beneficial hand, Consumers can apply this method to attempt to gather any global manufacturers data to be analyzed by this artificial intelligent learning system. Then, it analyzed all the different brands of specific similar product manufacturer' data to compare what are the range of the best past manufacturing history and sale data to the group of best manufacturers, and what are the range of the better past manufacturing history and sale data, and what are the range of the good past manufacturing history and sale data, and what are the range of the common past manufacturing history and sale data. Finally, the (AI) learning system will compare all the specific similar product, e.g. mobile phone or computer, television, car etc. different kinds of specific products of global manufacturers to conclude the result is such as whether which brands will be the best manufacturers to let the consumer to buy the television or mobile phone or computer or car etc. different kinds of products. It can make more accurate judgement to compare general human's phone or questionnaire surveys investigation method, newspapers, television, radios, internet searches etc. different manufacturing news or data gathering channels to find which brands are the most worth confidence to consumers to choose to buy the specific product in the global consumption market.On the manufacturers' beneficial hand, manufacturers can apply (AI) data gathering method to predict consumer emotion and buying behavioral changes more accurate. For example, the vehicle manufacturer, it plans to gather data to predict potential driving fast speed sport vehicle consumers' preferences trends in order to make the accurate judgement how to design its sport vehicles to attract many sport vehicle buyers who will choose to buy it's brand of any driving fast speed sport vehicles. It can attempt to apply (AI) intelligent learning system to gather global different brands of sport vehicle data concerns that all past driving fast speed sport vehicle buyer's preference of sport vehicle design. Then, the (AI) intelligent learning system gather global different brands of driving fast speed sport vehicle which had ever been purchased by the different country's driving fast speed sport vehicles consumers. After, it can compare divide the range of similar driving fast speed sport vehicle design and similar price to be different groups. The (AI) intelligent learning system can attempt to follow the past number of different brands of driving fast speed sport vehicle buyers to calculate how many driving fast speed sport vehicle buyers who choose to buy the brand of driving fast speed sport vehicle as well as it will analyze and make judgement to find whether the cheaper price reason attracts the different countries sport vehicle buyers choose to buy the brand of driving fast speed sport vehicle or the attractive design reason attracts the different countries sport vehicle buyers choose to buy the brand of sport vehicle or fast speed reason attracts the sport vehicle buyers choose to buy the brand of sport vehicle.

Methods Predict Consumer Behavior

2022-03-21
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Release : 2022-03-21
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Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Methods Predict Consumer Behavior by : John Lok

Download or read book Methods Predict Consumer Behavior written by John Lok. This book was released on 2022-03-21. Available in PDF, EPUB and Kindle. Book excerpt:

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