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Discovering consumer's behavior changes based on purchase sequences | IEEE Conference Publication | IEEE Xplore

Discovering consumer's behavior changes based on purchase sequences


Abstract:

In the Internet shopping environment, changes of customer's needs grow increasingly outstanding. One of the most important marketing resources is the prior daily transact...Show More

Abstract:

In the Internet shopping environment, changes of customer's needs grow increasingly outstanding. One of the most important marketing resources is the prior daily transaction records in the consumer's database. In this study, the paper present a new methodology for predicting consumers' purchase behavior that uses consumers' purchase sequences. First, transaction clustering is conducted, then it is made that detecting the evolving consumer purchase sequences as time passes, and the consumers behaviors, which are derived from a change in the cluster number of each consumer, are kept in the purchase sequence database. Finally, sequential purchase patterns over user-specified minimum support and confidence are extracted by using the association rule. The sequential purchase patterns are then stored in the association rule database. The better result is achieved by applying the new methodogy to a given example for consumers.
Date of Conference: 29-31 May 2012
Date Added to IEEE Xplore: 09 July 2012
ISBN Information:
Conference Location: Chongqing, China
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I. INTRODUCTION

Most of the Electronic Commerce businesses endeavor to survive and become leaders in the frontier of the new wave. The major key factors[1] of success include learning consumers' purchase behavior, developing marketing strategies to create new consuming markets, and discovering latent loyal consumers etc. Therefore, support of domain expertise to make better decisions and new IT techniques to promote EC marketing are essential.

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