Prediction of Sunshine Company's Product Participation in the Online Market based on Consumers' star Ratings and Reviews for Given Products

Authors

  • Xiaming ZHU Zhejiang Sci-Tech University
  • Maoran SUN Zhejiang Sci-Tech University

DOI:

https://doi.org/10.5281/zenodo.10083502

References:

14

Keywords:

Online Shopping, Product Review, Marketing Strategy, TF-IDF Algorithm, Fuzzy Evaluation

Abstract

When shopping on line, reviewing product reviews often plays a very important role in making decisions for consumers. We will build models, study the relationship between user reviews and other metrics, and propose appropriate sales strategies for the company.

First of all, we need existing data for processing. We analyzed the star rating, the voting status of reviews, and the sales volume, and divided the reviews into three levels according to the length of the content of the paper. Finally, we reached the following conclusions:

1) The pacifier has the highest average star rating among the three types of products, and the highest sales volume;

2) Three categories of products have the largest percentage of Five Star reviews, and Microwave for two products, one star rating accounted for a relatively large proportion.

Secondly, the TF-IDF algorithm is used to extract keywords from user reviews, and combined with sentiment analysis, an emotional score is assigned to each review. Then, we establish a fuzzy evaluation model and use the reviews that have been scored to analyze the satisfaction of the product. In the end, we got a comprehensive evaluation of the three products, which were all expressed as satisfactory, and the satisfaction degree of the hair dryer was higher than that of the microwave oven and the pacifier.

Using the established model and the obtained data, we can find out the trend of star ratings over time, and filter out the most successful products and the most failed products. In particular, for the most failed products, we can describe keywords based on specific quality descriptions in user reviews, and find the shortcomings of the products to improve them. In addition, we built a model and found that after deleting a specific star rating, other users will be affected when they comment. Finally, we screened out specific keywords of five stars and one star respectively. With reference to their emotional scores, we can find that there is a high positive correlation between specific keywords and star ratings.

Downloads

Download data is not yet available.

Metrics

Metrics Loading ...

Author Biographies

Xiaming ZHU, Zhejiang Sci-Tech University

Master of Social Work at Zhejiang Sci-Tech University, specializes in community governance and statistics.

Maoran SUN, Zhejiang Sci-Tech University

Major: Master of Social Work, Bachelor of Electronic Information Engineering, research interests: smart aging, digital social work, social organizations.

References

Li X, Hitt L M. Self-selection and information role of online product reviews[J]. Information Systems Research, 2008, 19(4): 456-474.

Floyd K, Freling R, Alhoqail S, et al. How online product reviews affect retail sales: A meta-analysis[J]. Journal of retailing, 2014, 90(2): 217-232.

Liu C, Sheng Y, Wei Z, et al. Research of text classification based on improved TF-IDF algorithm[C]//2018 IEEE International Conference of Intelligent Robotic and Control Engineering (IRCE). IEEE, 2018: 218-222.

Bafna P, Pramod D, Vaidya A. Document clustering: TF-IDF approach[C]//2016 International Conference on Electrical, Electronics, and Optimization Techniques (ICEEOT). IEEE, 2016: 61-66.

Yang Y. Research and realization of internet public opinion analysis based on improved TF-IDF algorithm[C]//2017 16th International Symposium on Distributed Computing and Applications to Business, Engineering and Science (DCABES). IEEE, 2017: 80-83.

Zhou Z, Qin J, **ang X, et al. News Text Topic Clustering Optimized Method Based on TF-IDF Algorithm on Spark[J]. Computers, Materials & Continua, 2020, 62(1).

Huang Haoxin, Jiang Kejian, Liu Qing, et al. Application of Fuzzy Comprehensive Evaluation Method in Evaluating Online Shopping Products [J]. Neijiang Technology, 2019 (8).

Xing Chunyang. Research and implementation of community detection algorithm for large-scale academic paper keyword networks [D]. 2019.

Li Jian. Research on the Impact of Online Product Reviews on Product Sales [J]. Modern Information, 2012 (01): 166-169.

Yang Xuan. Research on the Impact of Customer Reviews on Product Word-of-Mouth and Sales [D]. Dalian University of Technology, 2014.

Li Jian. Research on the Impact of Online Product Reviews on Product Sales [J]. Modern Information, 2012 (01): 166-169.

Yao Yuhui. Research on keyword extraction method of English scientific and technical documents based on TF algorithm [D].

Zhang Yue. Research on foreign e-commerce product selection based on sentiment analysis and sales prediction [D]. 2019.

Hong T P, Lin C W, Yang K T, et al. Using TF-IDF to hide sensitive itemsets[J]. Applied Intelligence, 2013, 38: 502-510.

Downloads

Published

2023-12-19

How to Cite

[1]
X. ZHU and M. SUN, “Prediction of Sunshine Company’s Product Participation in the Online Market based on Consumers’ star Ratings and Reviews for Given Products”, Journal of Industrial Engineering & Applied Science, vol. 1, no. 2, pp. 1–12, Dec. 2023.

Issue

Section

Articles