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Developing explicit customer preference models using fuzzy regression with nonlinear structure. | LitMetric

Developing explicit customer preference models using fuzzy regression with nonlinear structure.

Complex Intell Systems

School of Electrical Engineering, Computing and Mathematics Sciences, Curtin University, Bentley, WA Australia.

Published: February 2023

AI Article Synopsis

  • Product design attributes play a crucial role in shaping consumer preferences on online sales platforms, which in turn influence future product design iterations.
  • Online reviews serve as valuable consumer feedback, yet previous studies have struggled to effectively model consumer preferences due to their nonlinear nature and fuzzy coefficients.
  • This study introduces a fuzzy regression approach to better analyze consumer preferences by examining smartwatch reviews and establishing a polynomial relationship between product attributes and preferences, ultimately demonstrating its effectiveness compared to traditional modeling methods.

Article Abstract

In online sales platforms, product design attributes influence consumer preferences, and consumer preferences also have a significant impact on future product design optimization and iteration. Online review data are the most intuitive feedback from consumers on products. Using the value of online review information to explore consumer preferences is the key to optimize the products, improve consumer satisfaction and meet consumer requirements. Therefore, the study of consumer preferences based on online reviews is of great importance. However, in previous research on consumer preferences based on online reviews, few studies have modeled consumer preferences. The models often suffer from the nonlinear structure and the fuzzy coefficients, making it challenging to build explicit models. Therefore, this study adopts a fuzzy regression approach with a nonlinear structure to model consumer preferences based on online reviews to provide reference and insight for subsequent studies. First, smartwatches were selected as the research object, and the sentiment scores of product reviews under different topics were obtained by text mining on the product online data. Second, a polynomial structure between product attributes and consumer preferences was generated to investigate the association between them further. Afterward, based on the existing polynomial structure, the fuzzy coefficients of each item in the structure were determined by the fuzzy regression approach. Finally, the mean relative error and mean systematic confidence of the fuzzy regression with nonlinear structure method were numerically calculated and compared with fuzzy least squares regression, fuzzy regression, adaptive neuro fuzzy inference system (ANFIS) and K-means-based ANFIS, and it was found that the proposed method was relatively more effective in modeling consumer preferences.

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Source
http://www.ncbi.nlm.nih.gov/pmc/articles/PMC9942081PMC
http://dx.doi.org/10.1007/s40747-023-00986-9DOI Listing

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