Acta Metallurgica Sinica(English letters) ›› 2013, Vol. 15 ›› Issue (5): 79-83.

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Customer Personalized Preference Model Based on Product Attributes

  

  1. School of Economics and Management, Beijing University of Posts and Telecommunications,
    Beijing 100876, China
  • Received:2013-07-04 Online:2013-10-30

Abstract:

With the rapid development of the Internet, online product recommendation has become a significant way of marketing business, and therefore the research on consumer preferences is the important basis for implementing product recommendation 32 product attributes in 7 categories are selected from catering group-buying products and the consumer personalized preference model based on product attributes is established by means of BP (back propagation)neural network Through questionnaire survey, the empirical study results show that the model can accurately predict individual consumer’s preference for a product, and that the most important factors influencing consumers’ preferences are price and the time of arrival Finally, some marketing implications are provided for businesses to implement product recommendation better

Key words: product attributes, personalized preference, group-buying;back propagation neural network

CLC Number: