Similarity Measure for Product Attribute Estimation

Representing products as a combination of properties that capture the essence of consumer sentiment is critical for companies that strive to understand consumer behavior. A catalogue of products described in terms of their attributes could offer companies a wide range of benefits; from improving exi...

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Main Authors: Patricia Ortal, Masato Edahiro
Format: Article
Language:English
Published: IEEE 2020-01-01
Series:IEEE Access
Subjects:
Online Access:https://ieeexplore.ieee.org/document/9206586/
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author Patricia Ortal
Masato Edahiro
author_facet Patricia Ortal
Masato Edahiro
author_sort Patricia Ortal
collection DOAJ
description Representing products as a combination of properties that capture the essence of consumer sentiment is critical for companies that strive to understand consumer behavior. A catalogue of products described in terms of their attributes could offer companies a wide range of benefits; from improving existing products or developing new ones, to improving the quality of site search and offering better item recommendations to users. In this paper, we propose a method that encodes products as a sequence of attributes, each of which represents a different dimension of the consumer perception. In the proposed method, first, a base product set with known attribute values is built based on consumers' perceptions. Then, new product attribute vectors are estimated using product similarity. The proposed method also incorporates a new similarity measure that is based on purchase behavior and which is suitable for estimating product attribute vector distances. Because it takes into account the magnitude of the individual components of the vectors under comparison, the proposed method is free from the limitations of conventional similarity measures. The results of experiments conducted using real-world data indicate that the proposed method has superior performance compared to conventional approaches in terms of mean absolute error (MAE) and root mean squared error (RMSE).
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spelling doaj.art-cc02576ca8524544bb96273c1c22fadb2022-12-21T20:20:22ZengIEEEIEEE Access2169-35362020-01-01817907317908210.1109/ACCESS.2020.30270239206586Similarity Measure for Product Attribute EstimationPatricia Ortal0https://orcid.org/0000-0002-3097-0505Masato Edahiro1https://orcid.org/0000-0003-2188-2690Rakuten Institute of Technology, Rakuten, Inc., Tokyo, JapanGraduate School of Information Science, Nagoya University, Nagoya, JapanRepresenting products as a combination of properties that capture the essence of consumer sentiment is critical for companies that strive to understand consumer behavior. A catalogue of products described in terms of their attributes could offer companies a wide range of benefits; from improving existing products or developing new ones, to improving the quality of site search and offering better item recommendations to users. In this paper, we propose a method that encodes products as a sequence of attributes, each of which represents a different dimension of the consumer perception. In the proposed method, first, a base product set with known attribute values is built based on consumers' perceptions. Then, new product attribute vectors are estimated using product similarity. The proposed method also incorporates a new similarity measure that is based on purchase behavior and which is suitable for estimating product attribute vector distances. Because it takes into account the magnitude of the individual components of the vectors under comparison, the proposed method is free from the limitations of conventional similarity measures. The results of experiments conducted using real-world data indicate that the proposed method has superior performance compared to conventional approaches in terms of mean absolute error (MAE) and root mean squared error (RMSE).https://ieeexplore.ieee.org/document/9206586/Attribute estimationcollaborative filteringconsumer behaviore-commercesimilarity measures
spellingShingle Patricia Ortal
Masato Edahiro
Similarity Measure for Product Attribute Estimation
IEEE Access
Attribute estimation
collaborative filtering
consumer behavior
e-commerce
similarity measures
title Similarity Measure for Product Attribute Estimation
title_full Similarity Measure for Product Attribute Estimation
title_fullStr Similarity Measure for Product Attribute Estimation
title_full_unstemmed Similarity Measure for Product Attribute Estimation
title_short Similarity Measure for Product Attribute Estimation
title_sort similarity measure for product attribute estimation
topic Attribute estimation
collaborative filtering
consumer behavior
e-commerce
similarity measures
url https://ieeexplore.ieee.org/document/9206586/
work_keys_str_mv AT patriciaortal similaritymeasureforproductattributeestimation
AT masatoedahiro similaritymeasureforproductattributeestimation