Artificial Intelligence Consumer Behavioral Predictive Methods Comparision

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Artificial Intelligence and Economy and Marketing Consumer Behavioral

Author : Johnny Ch LOK
Publisher :
ISBN 13 : 9781791311704
Total Pages : 555 pages
Book Rating : 4.3/5 (117 download)

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Book Synopsis Artificial Intelligence and Economy and Marketing Consumer Behavioral by : Johnny Ch LOK

Download or read book Artificial Intelligence and Economy and Marketing Consumer Behavioral written by Johnny Ch LOK and published by . This book was released on 2018-12-10 with total page 555 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can apply artificial intelligent learning machine " big data" gathering method to predict manufacturers' behavioral performance ?In consumer view point, can they apply (AI) learning machine to predict manufacturers' behavioral performance to judge whether whose products are value to buy. Nowadays, (AI) and big data are reshaping the risk in consumer privacy. For example, consumers want to hide their willingness to pay just as firms want to hide their real marginal cost, and buyers have less favorable information, say a low credit shore, prefer to withhold it just as sellers want to conceal poor product quality. So, it implies that it is possible (AI) learning machine can help customers to gather any manufacturers' past sale performance, e.g. how many complaints or appreciation from clients, product quality etc. sale data to let consumers to make judgement whether it is value to buy to compare other competitors. So, it has risk to the poor product quality of manufacturers. Otherwise, it has benefits to the good product quality of manufacturers. It also implies all manufacturers' privacy is not protected or secret when (AI) learning machine is popular to be used to predict manufacturers' behaviors by consumers.Information economists suggest that both buyers and sells have an incentive to hide or reveal private information, and these incentives are crucial for market efficiency. Data technology that reveals consumers type could facilitate a better match between product and consumer type, and data technology that helps buyers to assess product quality could encourage high quality production. Thus, (AI) big data technology can also assist consumers to gather different manufacturers' data to compare what their advantages and disadvantages of their products are. Then, consumers can make comparison to choose which brand of product is the suitable to whom to buy in these more choice consumption market. (AI) learning machine will gather similar brand their products' data to analyze to make conclusion to let consumers know or feel to make final judge to find what advantages or disadvantages of these sample brands of similar products' comparison from internet. On the other hand, it means that manufacturers can gather consumers' past purchase behaviors or purchase experience from (AI) big data gathering method to record and analyze to give opinions to let manufacturers to know what reasons or factors influence consumers choose not to buy their products from internet.(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.

Marketing Information and Artificial Intelligence Customer Psychological Predictive

Author : Johnny Ch Lok
Publisher : Independently Published
ISBN 13 : 9781795404198
Total Pages : 254 pages
Book Rating : 4.4/5 (41 download)

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Book Synopsis Marketing Information and Artificial Intelligence Customer Psychological Predictive by : Johnny Ch Lok

Download or read book Marketing Information and Artificial Intelligence Customer Psychological Predictive written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-01-29 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter TwoWhat is (AI) deep learning techniques to forecast environment behavioral consumptionThe (AI) deep-learning technology leads to performance enhancement and generalization of artificial intelligent technology. It influences the global leader in the field of information technology has declared its intention to utilize the deep-learning technology to solve environmental problems, such as climate change. So, it will help agriculture farming businesses can raise any plant food: vegetable, fruit, rice which grow up very easily if farmers can apply (AI) deep-learning technology to solve environment problems to influence their plant food grow. If the whole year seasonal change is very good and it is suitable for any plant food to grow in farming land easily, e.g. rain is enough and soil is enough for any plant food to grow in the farm lands. Then, fruit, rice, vegetable etc. agriculture businesses will have much beneficial attribution to global farmers. The question is how to use deep-learning technologies in the environmental field to predict the status of pro-environmental consumption. We predicted the pro-environmental consumption index based on Google search query data, using a recurrent neural network ( RNN model). To certify the accuracy of the index, we compared the prediction accuracy of the RNN model with that of the ordinary least square and artificial necessary network models. For example, the RNN model predicts the pro-environmental consumption index better than any other model. we expect the RNN model to perform still better in a big data environment because the deep-learning technologies would be increasingly as the volume of data grows. So, deep-learning technologies could be useful in environmental forecasting to prevent damage caused by climate change to influence any rice, vegetable, tomato, potato, fruit etc. different plant food grow in any countries' farming land easily.For South Korea example, over 800 government agencies spent 2.2 trillion Korea won on eco-products in 2014 year. However, green products are rarely purchased outside these agencies. This phenomenon occurs because there is a gap between consumer attitudes and behavior, that is environmental attitude is a major factor in decision making vis-a-vis the consumption of " green" food and services ( Jorea Ministry of Environment, 2015). Therefore, it is necessary to understand those consumer attitude, that will lead to sustainability-conductive behavior and consumption.2.1Environmental consumption predictionRecently, many researchers have studied pro-environmental consumption and household indexes as well as suicide rate predictions using messages posted by internet users on Google trend, Tweets etc. channel. Whether can environmental consumption be predicted by (AI) deep-learning technological internet channel? How can impact the pro-environmental consumption attitudes of green policies? Korea scientists estimated pro-environmental attitudes using search query data provided by Google trend and confirmed through regression analysis, that pro-environmental attitude has a positive correlation with the pro-environmental attitude index. They also explained that environment-friendly attitude of residents plan an important role in policy making. In the past, most household consumption indexed were calculated through surveys, but (AI) deep-learning technological tool " big data" have recently gained research attention ( Lee et al. 2016).It seems that (AI) deep-learning technology can help agricultural export countries' farmers, e.g. US, UK, Canada, New Zealand, Australia, Japan, China, India etc. they can predict environmental behavioral consumption to any rice, tomato, potato, fruit, vegetable etc. plant food consumers. The beneficial advantages to them include as below:

Marketing Information Prediction and Artificial Intelligence Customer Psychological Prediction

Author : Johnny Ch Lok
Publisher : Independently Published
ISBN 13 : 9781793110862
Total Pages : 254 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis Marketing Information Prediction and Artificial Intelligence Customer Psychological Prediction by : Johnny Ch Lok

Download or read book Marketing Information Prediction and Artificial Intelligence Customer Psychological Prediction written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-01-03 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: ChapterSixIs Artificial Intelligent the most effective andaccurate consumer behavioral tool?Is (AI) the best and the most effective and accurate consumer behavioral prediction tool to compare other kinds of consumer behavioral prediction tools? Nowadays, retailing competitions are serious businessmen often find different kinds of methods to attempt to predict consumer changes. The consumer behavioral predictive methods can include as these below methods, instead of (AI) big data gathering tool.Firstly, statistics is the popular mathematic method, it applies auto-regression, liner regression, structural equation modelling, logistic regression statistic techniques to be used to predict consumer behaviors. Secondly, it is classification method, it sis a support vector machine to assist businessmen to make consumer behavioral prediction, it also includes decision making tress diagram technique. Thirdly, it is rule mining method, it is algorithm, market base analytic etc. business marketing concept analytical tool, it also includes graph mining technique tool. Next, it is psychological prediction model tool, it is psychology prediction model too, it is a kind of psychological method to predict consumer behaviors. Finally, it is the most updated and potential artificial neural network (ANN) machine tool, it gathered big data, then it will carry on analyzing and applies psychological method to conclude the most accurate and reasonable solutions to give recommendation to businesses to predict when and how and why their consumer behaviors will change. So, it is one owned human mind's machine and owned psychological and analytical efforts to replace humans to make any judgement in order to make the most accurate predictive behavioral changes for consumers, instead of the traditional marketing concept and psychological and mathematic methods to predict consumer behavior, (AI) big data gathering tool will be another new tool.What are the advantages of (AI) tool to be used to predict consumer behaviors as well as what are the different between it and other traditional consumer behavioral predictive tools? I shall explain as below: Firstly, as above all case studies are explained to (AI) questionnaire design method benefit, I believe (AI) big data gathering tool can be applied to help human to analyze and design any the suitable valid questions to enquire any kinds of business consumers in order to gather the most meaning and useful opinions to conclude the most accurate consumer behavioral prediction for every questionnaire. So, future (AI)'s analytical effort and decision making effort most be exceed above human's judgement efforts. So, future (AI) can help human to design the most useful and meaning different kinds of valid questionnaire ( survey) questions as well as assist humans to analyze and make accurate decision making and conclusions to give opinions to help businessmen to predict when consumer behaviors will change and how their consumption behaviors will change to influence their businesses in order to help them to make any efficient and effective and accurate solutions to avoid consumer number to be decreased and the most important benefit is that it can give opinions to help businessmen to explain why ( what the factors ) cause their consumer behaviors change suddenly. It will be human's efforts can not achieve to exceed (AI)'s efforts in the future.Secondly, (AI) can make artificial machine judgement and analytical effort, without human misleading or unfair or unreasonable judgement. So, it can make more fair and reasonable and accurate conclusion to give opinions to predict when, how and why consumer behaviors will change suddenly to the kind of business in customer model building process and evaluating the results of customer relationship management -related investment more accurate.

The Difference Between Artificial Intelligence and Psychological Method Predicts: Consumer Behavior

Author : Johnny Ch Lok
Publisher : Independently Published
ISBN 13 : 9781720160410
Total Pages : 174 pages
Book Rating : 4.1/5 (64 download)

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Book Synopsis The Difference Between Artificial Intelligence and Psychological Method Predicts: Consumer Behavior by : Johnny Ch Lok

Download or read book The Difference Between Artificial Intelligence and Psychological Method Predicts: Consumer Behavior written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-09-08 with total page 174 pages. 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 suitations. 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.

Artificial Intelligence Customer Psychological Predictive Method: Appies to Marketing Information Gathering

Author : Johnny Ch Lok
Publisher : Independently Published
ISBN 13 : 9781794466005
Total Pages : 254 pages
Book Rating : 4.4/5 (66 download)

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Book Synopsis Artificial Intelligence Customer Psychological Predictive Method: Appies to Marketing Information Gathering by : Johnny Ch Lok

Download or read book Artificial Intelligence Customer Psychological Predictive Method: Appies to Marketing Information Gathering written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-01-20 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: 2.2How can apply (AI) digital channel to predict consumer behaviors?(AI) digital channel can be applied to help businesses to evaluate whether how much the product price is the most attractive to persuade consumers feel it is the most reasonable price to sell. It helps consumers to feel which brands of products which ought change the price to let consumers to choose to buy the brand of product. It can be applied to predict whether how many consumer numbers can be increased or decreased when the brand of product's price is variable. It aims to give opinions to help any brand of product manufacturers or sellers to judge whether which price is the most reasonable to let consumers to accept to choose to buy the brand of product in popular.Thus, (AI) price measurement technology can be preference to be applied online communication ecommerce and mobile phone internet platform aspect. As businesses can enter their past products prices data and past customer number data into computer or mobile. Then, (AI) price measurement technology can gather these data to analyze these product prices and past customer number to compare their prices variable changing range level to find their price variable difference to measure to make conclusion about every product's price variable changing will influence how many customer number increase or decrease changing to choose to sell their different kinds of products more accurate. Then, (AI) price measurement software will help them to analyze all past price variable changing data to compare whether which price range can let customers to feel it is more reasonable and attractive to influence them to choose to buy the product among different brands of product choice.Because any product's price is one important factor to influence consumers to choose to buy the product, instead of quality, durability, shape, appearance, color, brand familiarity etc. factors. Any online businesses with a focus on Asia should considerate (AI) customer care, and virtual shopping experience, whereas is Europe and North America still value face-to-face and/or real human interaction over (AI) or virtual worlds.

Artificial Intelligence Marketing and Predicting Consumer Choice

Author : Steven Struhl
Publisher : Kogan Page Publishers
ISBN 13 : 0749479566
Total Pages : 273 pages
Book Rating : 4.7/5 (494 download)

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Book Synopsis Artificial Intelligence Marketing and Predicting Consumer Choice by : Steven Struhl

Download or read book Artificial Intelligence Marketing and Predicting Consumer Choice written by Steven Struhl and published by Kogan Page Publishers. This book was released on 2017-04-03 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ability to predict consumer choice is a fundamental aspect to success for any business. In the context of artificial intelligence marketing, there are a wide array of predictive analytic techniques available to achieve this purpose, each with its own unique advantages and disadvantages. Artificial Intelligence Marketing and Predicting Consumer Choice serves to integrate these widely disparate approaches, and show the strengths, weaknesses, and best applications of each. It provides a bridge between the person who must apply or learn these problem-solving methods and the community of experts who do the actual analysis. It is also a practical and accessible guide to the many remarkable advances that have been recently made in this fascinating field. Online resources: bonus chapters on AI, ensembles and neural nets, and finishing experiments, plus single and multiple product simulators.

Artificial Intelligence And Marketing Research Difference To Predict Consumer Behaviors

Author : Johnny Ch Lok
Publisher :
ISBN 13 : 9781679249341
Total Pages : 184 pages
Book Rating : 4.2/5 (493 download)

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Book Synopsis Artificial Intelligence And Marketing Research Difference To Predict Consumer Behaviors by : Johnny Ch Lok

Download or read book Artificial Intelligence And Marketing Research Difference To Predict Consumer Behaviors written by Johnny Ch Lok and published by . This book was released on 2019-12-22 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: To apply (AI) learning machine technology to understand customer online purchase behavior, it will raise business e-commerce successful chance: For example, (AI) learning machine can help businesses to gather data to analyze to determine whether short-term or long-term signals in the online consumer behavior that indicate higher purchase intents to let every online business to know. (AI) learning machine can find that online users with long-term purchasing intent tend to save and click through on more content.However, as online users approach the time of purchase their activity becomes more topically focused and actions shift from saves to searches from online consumption channel. Then, (AI) learning machine will further find that the brand product purchase signals in online behavior can exist weakness before an online purchase is made and can also be traced across different online purchase categories. Finally, (AI) learning machine synthesize these insights in predictive models of online user purchasing intent to the brand of product. Taken together, it's work identifies a set of general principles and signals that can be used to model online user purchasing intent across many online content discovery applications. Thus, (AI) learning machine can help online businesses to gather any online users' click online behaviors data to judge whether there are how many online users will choose to find their online business websites to make final decisions to buy their products from online channels. Then, it will give opinions to help the online businesses to let it to judge whether what are the important website factors will help its online business to attract many online consumers, e.g. designing unattractive website issue, online unattractive product photos issue, unclear website color issue, unclear website advertisement message, contents and words impressions issue, lacking image movement frequent attractive seeing issue etc. different website factors. Thus, online digital channel will be one good choice to apply (AI) learning machine to help businesses to predict consumer behaviors.Can apply artificial intelligent learning machine " big data" gathering method to predict manufacturers' behavioral performance ?

Artificial Intelligence And Consumer Behavioral Relationship

Author : Johnny Ch Lok
Publisher : Independently Published
ISBN 13 : 9781099445835
Total Pages : 574 pages
Book Rating : 4.4/5 (458 download)

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Book Synopsis Artificial Intelligence And Consumer Behavioral Relationship by : Johnny Ch Lok

Download or read book Artificial Intelligence And Consumer Behavioral Relationship written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-05-20 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is (AI) the best and the most effective and accurate consumer behavioral prediction tool to compare other kinds of consumer behavioral prediction tools? Nowadays, retailing competitions are serious businessmen often find different kinds of methods to attempt to predict consumer changes. The consumer behavioral predictive methods can include as these below methods, instead of (AI) big data gathering tool.Firstly, statistics is the popular mathematic method, it applies auto-regression, liner regression, structural equation modelling, logistic regression statistic techniques to be used to predict consumer behaviors. Secondly, it is classification method, it sis a support vector machine to assist businessmen to make consumer behavioral prediction, it also includes decision making tress diagram technique. Thirdly, it is rule mining method, it is algorithm, market base analytic etc. business marketing concept analytical tool, it also includes graph mining technique tool. Next, it is psychological prediction model tool, it is psychology prediction model too, it is a kind of psychological method to predict consumer behaviors. Finally, it is the most updated and potential artificial neural network (ANN) machine tool, it gathered big data, then it will carry on analyzing and applies psychological method to conclude the most accurate and reasonable solutions to give recommendation to businesses to predict when and how and why their consumer behaviors will change. So, it is one owned human mind's machine and owned psychological and analytical efforts to replace humans to make any judgement in order to make the most accurate predictive behavioral changes for consumers, instead of the traditional marketing concept and psychological and mathematic methods to predict consumer behavior, (AI) big data gathering tool will be another new tool.What are the advantages of (AI) tool to be used to predict consumer behaviors as well as what are the different between it and other traditional consumer behavioral predictive tools? I shall explain as below: Firstly, as above all case studies are explained to (AI) questionnaire design method benefit, I believe (AI) big data gathering tool can be applied to help human to analyze and design any the suitable valid questions to enquire any kinds of business consumers in order to gather the most meaning and useful opinions to conclude the most accurate consumer behavioral prediction for every questionnaire. So, future (AI)'s analytical effort and decision making effort most be exceed above human's judgement efforts. So, future (AI) can help human to design the most useful and meaning different kinds of valid questionnaire ( survey) questions as well as assist humans to analyze and make accurate decision making and conclusions to give opinions to help businessmen to predict when consumer behaviors will change and how their consumption behaviors will change to influence their businesses in order to help them to make any efficient and effective and accurate solutions to avoid consumer number to be decreased and the most important benefit is that it can give opinions to help businessmen to explain why ( what the factors ) cause their consumer behaviors change suddenly. It will be human's efforts can not achieve to exceed (AI)'s efforts in the future.Secondly, (AI) can make artificial machine judgement and analytical effort, without human misleading or unfair or unreasonable judgement. So, it can make more fair and reasonable and accurate conclusion to give opinions to predict when, how and why consumer behaviors will change suddenly to the kind of business in customer model building process and evaluating the results of customer relationship management -related investment more accurate.

What Are Marketing Information and Artificial Intelligence Customer Psychological Predictive

Author : Johnny Ch Lok
Publisher : Independently Published
ISBN 13 : 9781793171849
Total Pages : 254 pages
Book Rating : 4.1/5 (718 download)

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Book Synopsis What Are Marketing Information and Artificial Intelligence Customer Psychological Predictive by : Johnny Ch Lok

Download or read book What Are Marketing Information and Artificial Intelligence Customer Psychological Predictive written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-01-04 with total page 254 pages. 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.So, a food customer profile, it is a description (AI) data gather tool will record every of food customer using available information, which help in understanding their background and food consumption behavior. (AI) data gather tool can well develop every food customer profile, every food customer data is essential in food market analysis as they aid food suppliers in saving time and money by highlighting the real potential food consumers whose needs are to be met rather a range of individuals.So, (AI) data gather tool can record every food consumer profile and every can be factual or behavioral food consumption. A factual food customer profile consists of a set of characteristics for (AI) big data gather record, e.g. demographic information, such as food customer name, gender, birth date, when a behavioral food customer profile consists of what the food customer is actually doing and is usually derived from (AI) digital transactional data gather record.

Artificial Intelligence and Marketing Consumer Behavioral Prediction

Author : Johnny Ch Lok
Publisher :
ISBN 13 : 9781661975272
Total Pages : 184 pages
Book Rating : 4.9/5 (752 download)

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Book Synopsis Artificial Intelligence and Marketing Consumer Behavioral Prediction by : Johnny Ch Lok

Download or read book Artificial Intelligence and Marketing Consumer Behavioral Prediction written by Johnny Ch Lok and published by . This book was released on 2020-01-17 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Information economists suggest that both buyers and sells have an incentive to hide or reveal private information, and these incentives are crucial for market efficiency. Data technology that reveals consumers type could facilitate a better match between product and consumer type, and data technology that helps buyers to assess product quality could encourage high quality production. Thus, (AI) big data technology can also assist consumers to gather different manufacturers' data to compare what their advantages and disadvantages of their products are. Then, consumers can make comparison to choose which brand of product is the suitable to whom to buy in these more choice consumption market. (AI) learning machine will gather similar brand their products' data to analyze to make conclusion to let consumers know or feel to make final judge to find what advantages or disadvantages of these sample brands of similar products' comparison from internet. On the other hand, it means that manufacturers can gather consumers' past purchase behaviors or purchase experience from (AI) big data gathering method to record and analyze to give opinions to let manufacturers to know what reasons or factors influence consumers choose not to buy their products from internet.(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.

Artificial Intelligence Consumer Behavioral Predictive Methods Comparision

Author : Johnny Ch LOK
Publisher :
ISBN 13 : 9781791310776
Total Pages : 555 pages
Book Rating : 4.3/5 (17 download)

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Book Synopsis Artificial Intelligence Consumer Behavioral Predictive Methods Comparision by : Johnny Ch LOK

Download or read book Artificial Intelligence Consumer Behavioral Predictive Methods Comparision written by Johnny Ch LOK and published by . This book was released on 2018-12-09 with total page 555 pages. Available in PDF, EPUB and Kindle. Book excerpt: The challenges of (AI) big data gather shapingthe future of retail for consumer industriesAnother challenge of (AI) big data gather is that how to shape the consumer behavior to let business owner to feel or know or predict. It means that how it express it's conclusion or opinion for every consumer behavior after it had gather all big data in any data gather period, e.g. three months, half year or one year consumer shopping model data gather period.Because every kind of industry, consumers will continue to demand price and quality change , with a wide range of convenient fulfilment options among of different kinds of products or services supply. Overall, the (AI) big data gather procedure gives opinion concerns every time retail experience will become more exciting, simple and convenient, depending on the consumer's ever-changing needs. So, I believe that (AI) big data gather every conclusion or result will be different, due to consumer's price and quality demand will often change to every kind of product or service supply in retail industry. So, how to shape (AI) big data gathering's analytical conclusion or result more clear. I shall recommend organizations need to build great understanding of and a stronger connection to increasingly empowered consumers before they plan and implement how to apply (AI) big data gather tool to predict consumer behavior as below:Firstly, (AI) is empowered by technology, the consumer is redefining value. The traditional measures of cost, choice and convenience are still relevant, but not control and experience are also important. Globally, consumers have access to more than 2 billion different products choice by a wide range of traditional competitors and dynamic new entrants, all experimenting with new business models and methods of client engagement. As choice increases, loyalty becomes more difficult familiarity and the consumer becomes more empowered. Businesses will have no choice and constantly innovate and disrupt themselves by meeting new technologies of high standards and expectations of consumers. So, (AI) data gather tool will need to follow different target group of consumers' needs to follow their different kinds of product design or style choice preferable to gather data in order to conclude the different target groups of consumer behavior to give opinion more clear and accurate to let businessmen to understand more clear how its customers' behavioral choice trend in the future half month, even to two years period.Secondly, businessmen need to adopt changing technologies rapidly. Technology will be the key driver of this retail industry. Industry participants will only success if they have a clear prediction to focus on how to using technology to increase the value added to consumers. They must , however, do so will I realistic assessment of their costs and benefits. Hence, (AI) big data gather technological tools will need to design to help them to gather data efficiently by these ways, such as the internet of things ( IOT), artificial intelligence (AI) machine learning, augmented reality (AR)/virtual reality (VR), digital traceability. So, future (AI) big data gather tool are predicted to be most influential customer behavioral positive emotion changing tool for retail , due to their widespread applications , ability to drive efficiencies and impact on labor in order to impact consumer behavior changing effort from negative emotion to positive.Thirdly, (AI) big data gather tool is an advanced data science of consumer behavior predictive tool. Businesses will have to bring the journey from simply collecting consumer data to using it to scale and systematize enhanced decision making across the entire value chain. When focused on their business goals, industry players should not lose sight of the impact that future capabilities and transformative business models may have on society.

Marketing Information and Artificial Intelligence Customer Psychological Predictive Methods

Author : Johnny Ch Lok
Publisher : Independently Published
ISBN 13 : 9781793961334
Total Pages : 254 pages
Book Rating : 4.9/5 (613 download)

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Book Synopsis Marketing Information and Artificial Intelligence Customer Psychological Predictive Methods by : Johnny Ch Lok

Download or read book Marketing Information and Artificial Intelligence Customer Psychological Predictive Methods written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-01-12 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter Three(AI) tool judges the difference between utility factor and emotionto influence consumer decision making In economic utility or immediate (expected) emotion aspects, whether which is more influential to excite consumption. To analyze whether it is economic utility or immediate ( expected) emotion more influential to excite consumption. It depends on the consumer individual consumption choice is in which situations. For example, if the industry's general consumer individual consumption decision is concentrate on emotion influential aspect, such as cruise entertainment industry, hospital care service industry, theme park entertainment industry, movie watching entertainment industry etc. Above all these industries have same nature, it is service. So, it seems that service industry's main influential factor is immediate ( expected) emotion influence, it is not economic utility influence. Otherwise, product sale industry's main influential factor is utility. 3.1(AI) judges consumer utility factorFor this toy choice situation example, parent choose to buy one toy to give whose child to play. They usually considerate which kind of toy is attractive to their child whom like to play. In many different kinds of toys choice, if the child likes to choose the kind of toy to play. After the child's parents had purchased the kind of toy to let whose child to play one period time, e.g. six month. Then, when the child feel that who has need to buy another new toy to play, due to he/she feels bored to play this toy. So, it seems that the child feels this toy has less utility or it's utility is decreased. So, he/she expects whose parent can buy another new kind of toy to let whom to play. It also implies that it is not emotion factor to influence the child to feel boredom and unfunny to play this kind of old toy after six months. It is the product's utility factor which can not attract the child to play it any more. So, this old toy's utility is decreased when this child spends six months to play it. This toy's value is only six month utility to this child to play. Otherwise, if this kind of toy is bought by another parent. It is possible that the another child like to play this kind of toy one year or more. So, it's utility to another child is one year or more period. So, product's utility period is difference, it depends on how long time of the user's satisfactory time.

Artificial Intelligence Customer Psychological Predictive

Author : Johnny Ch LOK
Publisher :
ISBN 13 :
Total Pages : 141 pages
Book Rating : 4.6/5 (719 download)

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Book Synopsis Artificial Intelligence Customer Psychological Predictive by : Johnny Ch LOK

Download or read book Artificial Intelligence Customer Psychological Predictive written by Johnny Ch LOK and published by . This book was released on 2020-08-03 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: Media economic methods to predict readers' behaviors in publishing industryMedia economics the application of economic theories, concepts and principles to study the macroeconomics and microeconomic aspects of most media consumption and industries, for academic lecturers, policymakers, and industry analysts. Media economics methods include how to apply variety of methodological approaches both qualitative and quantitative methods and statistical analysis, as well as studies using financial, historical and policy driven data.Some economists define land, labor, and capital as the three factors of production and the major contributors to a nation's wealth. Can land, labor and capital be as three main factors of production any books, newspapers, magazines etc. reading products in publishing industry? Some economists believed price was determined by the costs of production, whereas marginal economists equated prices with the level of demand can be any books, magazines, newspapers etc. reading products prices is either determined by the cost of printing production or equated any one kind of these reading products with the level of reader' demand more.The marginal economists contributed the basic analytic tools of demand and supply, consumer utility and the use of mathematics as analytical tools to develop microeconomics. Can apply the basic analytic tools of reader demand and the any one kind of these reading products supply and reading consumer individual reading need, utility and the use of mathematics as analytical tools to predict any kind of reading consumer numbers and reading interesting topic choice in media industry?However, some economists also demonstrated that given a free market economy, such as in free publish industry, the factors of production ( land, labor and capital) were important in understanding the economic system. Can apply the factor of production , e.g. publishing book sale location ( land); publishing book salespeople sale experience ( labor); and attractive book printing quality (capital printing expense) to influence the publishing industry reading consumer reading habit or purchase book activities?However, some economists suggested two important contributions: Analysis of monopoly and price discrimination and the market for labor will influence consumer number. Such as publishing case: Can analysis of which famous royalty publishing book sale firm to the most monopoly and then following its different topic of books sale price to evaluate whether how much every different topic of its similar book topic sale price to be higher to avoid reduce reader numbers, due to the not famous royalty book seller which similar topic book to the famous royalty book seller's prices are too higher than the famous royalty publishers' book prices?

The Difference Between Economic and Artificial Intelligent Methods

Author : Johnny Ch Lok
Publisher : Independently Published
ISBN 13 : 9781731438157
Total Pages : 554 pages
Book Rating : 4.4/5 (381 download)

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Book Synopsis The Difference Between Economic and Artificial Intelligent Methods by : Johnny Ch Lok

Download or read book The Difference Between Economic and Artificial Intelligent Methods written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-11-16 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: How AI technology influnce productivities and service performance ? Whether it can raise productivities and improve service performance?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. 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?(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.

Artificial Intelligence Applies to Consumer Behavioral Predictive Technology

Author : Johnny Ch LOK
Publisher :
ISBN 13 : 9781790565979
Total Pages : 553 pages
Book Rating : 4.5/5 (659 download)

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Book Synopsis Artificial Intelligence Applies to Consumer Behavioral Predictive Technology by : Johnny Ch LOK

Download or read book Artificial Intelligence Applies to Consumer Behavioral Predictive Technology written by Johnny Ch LOK and published by . This book was released on 2018-11-30 with total page 553 pages. Available in PDF, EPUB and Kindle. Book excerpt: How AI technology influnce productivities and service performance ? Whether it can raise productivities and improve service performance?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. 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?(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.

Can Apply Artificial Intelligence Predicts Consumer Behavior In Business Environment

Author : Johnny C. H. Lok
Publisher : Independently Published
ISBN 13 : 9781723774508
Total Pages : 572 pages
Book Rating : 4.7/5 (745 download)

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Book Synopsis Can Apply Artificial Intelligence Predicts Consumer Behavior In Business Environment by : Johnny C. H. Lok

Download or read book Can Apply Artificial Intelligence Predicts Consumer Behavior In Business Environment written by Johnny C. H. Lok and published by Independently Published. This book was released on 2018-09-17 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prepare 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.

Artificial Intelligence Predicts Product and Service Industry Consumption

Author : Johnny Ch LOK
Publisher :
ISBN 13 : 9781729251218
Total Pages : 573 pages
Book Rating : 4.2/5 (512 download)

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Book Synopsis Artificial Intelligence Predicts Product and Service Industry Consumption by : Johnny Ch LOK

Download or read book Artificial Intelligence Predicts Product and Service Industry Consumption written by Johnny Ch LOK and published by . This book was released on 2018-10-25 with total page 573 pages. Available in PDF, EPUB and Kindle. Book excerpt: PrepareThis 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. 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?(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.