Release Time:2019-03-10 Hits:
Indexed by: Conference Paper
Date of Publication: 2016-11-04
Included Journals: CPCI-S、EI
Volume: 660
Page Number: 115-129
Key Words: On-line products; Diffusion; Symbolic regression; Seasonality; Bass model
Abstract: With the popularity of on-line shopping increasing, on-line products diffusion becomes the growth of importance for marketing decision. Bass diffusion theory is a classical method of forecasting products sales. In this paper, we introduce symbolic regression method to describe the trend of on-line products diffusion and verify whether Bass model in on-line condition performs good as before. Almost all products exhibit seasonality in their sales pattern. Considering the particularity of on-line shopping, we define monthly, weekly and daily period as the division of on-line season. The models perform differently when frequency of data varies.