{"title":"A product recommendation model based on online reviews: Improving PageRank algorithm considering attribute weights","authors":"Xiaoli Wang, Chenxi Zhang, Zeshui Xu","doi":"10.1016/j.jretconser.2024.104052","DOIUrl":null,"url":null,"abstract":"Consumer reviews play a crucial role in evaluating products on online e-commerce platforms. Unlike numerical ratings, online reviews provide valuable information and sentiment. However, existing studies often overlook the unique interrelationships between products on e-commerce platforms, and fail to adequately capture the psychological behavior of consumers during online shopping. To address these gaps, this study presents a novel product recommendation model based on online reviews that evaluates products’ multi-attribute performances. The study first identifies the product attributes that are most important to consumers by analyzing review texts. Then, this study calculates the attribute performance scores of each product by considering consumer sentiment and the usefulness of online reviews. Next, it identifies competitors for the target product using a weighted Euclidean distance function and ranks all products employing an improved PageRank algorithm. Finally, to illustrate the validity of the proposed model, the study conducts a case study using a dataset of 41,352 online reviews obtained from Best Buy, and segments the data into three categories according to price. Comparative results with traditional MCDM models show that among the three categories, our results achieved a maximum improvement of 18.3% in the Spearman correlation coefficient.","PeriodicalId":48399,"journal":{"name":"Journal of Retailing and Consumer Services","volume":"4 1","pages":""},"PeriodicalIF":11.0000,"publicationDate":"2024-08-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Retailing and Consumer Services","FirstCategoryId":"91","ListUrlMain":"https://doi.org/10.1016/j.jretconser.2024.104052","RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0
Abstract
Consumer reviews play a crucial role in evaluating products on online e-commerce platforms. Unlike numerical ratings, online reviews provide valuable information and sentiment. However, existing studies often overlook the unique interrelationships between products on e-commerce platforms, and fail to adequately capture the psychological behavior of consumers during online shopping. To address these gaps, this study presents a novel product recommendation model based on online reviews that evaluates products’ multi-attribute performances. The study first identifies the product attributes that are most important to consumers by analyzing review texts. Then, this study calculates the attribute performance scores of each product by considering consumer sentiment and the usefulness of online reviews. Next, it identifies competitors for the target product using a weighted Euclidean distance function and ranks all products employing an improved PageRank algorithm. Finally, to illustrate the validity of the proposed model, the study conducts a case study using a dataset of 41,352 online reviews obtained from Best Buy, and segments the data into three categories according to price. Comparative results with traditional MCDM models show that among the three categories, our results achieved a maximum improvement of 18.3% in the Spearman correlation coefficient.
期刊介绍:
The Journal of Retailing and Consumer Services is a prominent publication that serves as a platform for international and interdisciplinary research and discussions in the constantly evolving fields of retailing and services studies. With a specific emphasis on consumer behavior and policy and managerial decisions, the journal aims to foster contributions from academics encompassing diverse disciplines. The primary areas covered by the journal are:
Retailing and the sale of goods
The provision of consumer services, including transportation, tourism, and leisure.