Supporting the purchase decisions of consumers: A comprehensive method for selecting desirable online products
ISSN: 0368-492X
Article publication date: 13 December 2017
Issue publication date: 16 March 2018
Abstract
Purpose
Online product ratings play an important role in the decision-making process of consumers, which are not only sources of information used by consumers to understand the function and quality of a product or service but also sources of information used to find desirable products. The purpose of this paper is to develop a decision-based method for supporting the purchase decisions of consumers based on not only the online product ratings but also the actual product attributes.
Design/methodology/approach
First, two types of utility values are designed to measure the preference of the consumer based on either online ratings or actual product attributes. Then, the traditional TOPSIS method is adopted to achieve a comprehensive value by integrating the two types of utility values so that all of the alternative products can be ranked. Further, a product selection support system prototype is designed and developed to support the purchase decisions of consumers.
Findings
To help consumers select desirable products efficiently, it is necessary to develop a product selection method based on the online ratings of alternative products and consumer expectations.
Practical implications
The research shows that the proposed method can not only support consumers’ purchase decisions based on a large number of online product ratings but also help manufacturers to find out consumers’ demands or requirements on products so as to facilitate the design of new products or the improvement of products. On the basis of the proposed method, the developed system prototype is helpful for consumers to select desirable products.
Originality/value
To support the purchase decisions of consumers, a new decision-based method for selecting desirable online products is proposed.
Keywords
Acknowledgements
The relevant research studies done in this paper are supported by the National Science Foundation of China (Project Nos. 71571039 and 71501034) and the 111 Project (B16009).
Citation
Fan, Z.-P., Xi, Y. and Li, Y. (2018), "Supporting the purchase decisions of consumers: A comprehensive method for selecting desirable online products", Kybernetes, Vol. 47 No. 4, pp. 689-715. https://doi.org/10.1108/K-03-2017-0116
Publisher
:Emerald Publishing Limited
Copyright © 2018, Emerald Publishing Limited