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Supporting the purchase decisions of consumers: A comprehensive method for selecting desirable online products

Zhi-Ping Fan (Department of Information Management and Decision Sciences, School of Business Administration, Northeastern University, Shenyang, China, and State Key Laboratory of Synthetical Automation for Process Industries, Northeastern University, Shenyang, China)
Yang Xi (Department of Information Management and Decision Sciences, School of Business Administration, Northeastern University, Shenyang, China)
Yongli Li (Department of Information Management and Decision Sciences, School of Business Administration, Northeastern University, Shenyang, China)

Kybernetes

ISSN: 0368-492X

Article publication date: 13 December 2017

Issue publication date: 16 March 2018

940

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

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