DocumentCode :
3437333
Title :
Application of Bayesian Network Sheds Light on Purchase Decision Process Basing on RFID Technology
Author :
Yi Zuo ; Yada, Katsutoshi
Author_Institution :
Data Min. Lab., Kansai Univ., Suita, Japan
fYear :
2013
fDate :
7-10 Dec. 2013
Firstpage :
242
Lastpage :
249
Abstract :
Recently, a wireless non-contact technology named RFID(Radio Frequency Identification) has brought a new perspective on process of purchase decision. Via the RFID tag attached to a shopping cart, the position information of customers in a grocery store can be captured every moment. This paper presents our study based on this type of data. In this study, we transform the RFID data into stay time that the customers spend in supermarket until purchase is decided. In addition to RFID data, a purchase transaction based on POS(Point of Sale) data that only represent the point when customers come to purchase can be extended to a process of in-store behavior. As a probabilistic graphical model named bayesian network is employed to applied, we investigate the stay time how to affect the purchase probability. In the experiment, we also reveal that this affect is different during the purchase decision process by customers in individual age bracket. Moreover, numerical results show our proposal has a better accuracy than other models such as logistic regression analysis.
Keywords :
age issues; belief networks; consumer behaviour; data analysis; purchasing; radiofrequency identification; Bayesian network; POS data; RFID tag; RFID technology; in-store behavior; individual age bracket; point of sale data; probabilistic graphical model; purchase decision process; purchase probability; purchase transaction; radio frequency identification; stay time; wireless noncontact technology; Accuracy; Bayes methods; Equations; Logistics; Marine animals; Radiofrequency identification; Regression analysis; Bayesian Network; In-store Behavior; POS; Purchase Decision Process; RFID;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Data Mining Workshops (ICDMW), 2013 IEEE 13th International Conference on
Conference_Location :
Dallas, TX
Print_ISBN :
978-1-4799-3143-9
Type :
conf
DOI :
10.1109/ICDMW.2013.68
Filename :
6753927
Link To Document :
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