TY - JOUR
T1 - Online Information Serves Offline Sales
T2 - Knowledge Graph-Based Attribute Preference Learning
AU - Zhu, Bin
AU - Xu, Panpan
AU - Ren, Peijia
N1 - Publisher Copyright:
© 1988-2012 IEEE.
PY - 2024
Y1 - 2024
N2 - The combination of online and offline shopping is becoming more common. We define the scenario where online information serves offline sales as online-offline scenario. Online and offline shopping each has its own advantages and challenges, making it necessary to integrate the strengths of both online and offline channels. Online platforms can discover consumers' attribute preferences through their online generated data. Since consumers maintain coherent attribute preferences over a period of time in both online and offline, offline salesmen can use the attribute preferences transferred from online platforms to create personalized marketing plans. In this online-offline scenario, it is crucial to learn consumer attribute preferences. We propose a knowledge graph-based multiattribute preference learning method (KG-APL), which integrates knowledge graph (KG) and multiattribute decision-making (MADM) theory. Based on MADM theory, KG-APL can learn multilevel attribute preferences in a data-driven way and provide an explanatory analysis for attribute preferences. The explanations rely on both the MADM theory and rich side information about product contained in the KG. Specifically, MADM describes the consumer's decision-making process and KG provides a hierarchical structure from products to attributes and subattributes. To verify its effectiveness and robustness, we use randomly generated data for experiments and real-life data for simulated decision making. Our article provides insight into the way of achieving integration between online and offline channels and offers theoretical and methodological support in enhance online-offline purchase services.
AB - The combination of online and offline shopping is becoming more common. We define the scenario where online information serves offline sales as online-offline scenario. Online and offline shopping each has its own advantages and challenges, making it necessary to integrate the strengths of both online and offline channels. Online platforms can discover consumers' attribute preferences through their online generated data. Since consumers maintain coherent attribute preferences over a period of time in both online and offline, offline salesmen can use the attribute preferences transferred from online platforms to create personalized marketing plans. In this online-offline scenario, it is crucial to learn consumer attribute preferences. We propose a knowledge graph-based multiattribute preference learning method (KG-APL), which integrates knowledge graph (KG) and multiattribute decision-making (MADM) theory. Based on MADM theory, KG-APL can learn multilevel attribute preferences in a data-driven way and provide an explanatory analysis for attribute preferences. The explanations rely on both the MADM theory and rich side information about product contained in the KG. Specifically, MADM describes the consumer's decision-making process and KG provides a hierarchical structure from products to attributes and subattributes. To verify its effectiveness and robustness, we use randomly generated data for experiments and real-life data for simulated decision making. Our article provides insight into the way of achieving integration between online and offline channels and offers theoretical and methodological support in enhance online-offline purchase services.
KW - Knowledge graph (KG)
KW - multiattribute decision making (MADM)
KW - preference learning
UR - http://www.scopus.com/inward/record.url?scp=85199078527&partnerID=8YFLogxK
U2 - 10.1109/TEM.2024.3430380
DO - 10.1109/TEM.2024.3430380
M3 - Article
AN - SCOPUS:85199078527
SN - 0018-9391
VL - 71
SP - 11813
EP - 11827
JO - IEEE Transactions on Engineering Management
JF - IEEE Transactions on Engineering Management
ER -