Author : Johnny Ch Lok
Publisher : Independently Published
ISBN 13 : 9781678722975
Total Pages : 184 pages
Book Rating : 4.7/5 (229 download)
Book Synopsis Artificial Intelligence And Marketing Research Comparison To Predict Consumer Behaviors by : Johnny Ch Lok
Download or read book Artificial Intelligence And Marketing Research Comparison To Predict Consumer Behaviors written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-12-21 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists refer to the consumption desirability is as " utility" and the product or service consumption decision making is arose influenced by maximizing utility only. However, they neglect consumer individual immediate emotion change will also influence the consumer individual consumption decision consequently. Expected emotions are those that are anticipated to occur as a result of the outcomes associated with different possible courses of action. For example, if a potential investor, were deciding whether to purchase a stock, who might imagine the disappointment who would feel if who ought it and it reduced its price. Otherwise, whose emotion would experience, such as regret if it increased in price, but who does not buy it before the stock rise its price. However, I believe nowadays technology, in the future one day, (AI) tool can be attempted to assist consumer psychology profession or marketing research profession to assist them to find what are the bad factors to influence consumers choose not to buy any manufacturers' products. Then, when the manufacturer can discover what are the bad factor(S) cause(S) consumers who do not choose to buy their products, then the manufacturer can raise whose product of consumption desirability or " utility" to raise whose product's consumption decision making is influenced by maximizing utility. Hence, (AI) tool will be possible to find what the bad factor(S) to cause consumers do not choose to buy the manufacturer's product in order to raise the product's utility to bring consumer positive emotion to choose to buy its product in possible. SO, (AI) tool will be one consumer psychological emotion prediction tool to assist any manufacturers to help their products to build positive emotion to any consumers in possible.