• 제목/요약/키워드: Choice Based Conjoint

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Utilizing Case-based Reasoning for Consumer Choice Prediction based on the Similarity of Compared Alternative Sets

  • SEO, Sang Yun;KIM, Sang Duck;JO, Seong Chan
    • The Journal of Asian Finance, Economics and Business
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    • 제7권2호
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    • pp.221-228
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    • 2020
  • This study suggests an alternative to the conventional collaborative filtering method for predicting consumer choice, using case-based reasoning. The algorithm of case-based reasoning determines the similarity between the alternative sets that each subject chooses. Case-based reasoning uses the inverse of the normalized Euclidian distance as a similarity measurement. This normalized distance is calculated by the ratio of difference between each attribute level relative to the maximum range between the lowest and highest level. The alternative case-based reasoning based on similarity predicts a target subject's choice by applying the utility values of the subjects most similar to the target subject to calculate the utility of the profiles that the target subject chooses. This approach assumes that subjects who deliberate in a similar alternative set may have similar preferences for each attribute level in decision making. The result shows the similarity between comparable alternatives the consumers consider buying is a significant factor to predict the consumer choice. Also the interaction effect has a positive influence on the predictive accuracy. This implies the consumers who looked into the same alternatives can probably pick up the same product at the end. The suggested alternative requires fewer predictors than conjoint analysis for predicting customer choices.

컨조인트 분석을 이용한 인증서 선택요인 및 효용가치에 대한 연구 (A Study on Preferences and Utilities of Digital Signature Certificate Choice Factors Using Conjoint Analysis)

  • 강환철
    • 정보보호학회논문지
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    • 제33권1호
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    • pp.117-128
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    • 2023
  • 전자서명법 전면개정(2020. 12. 10, 시행)으로 시장에는 다양한 인증서가 출시되어 경쟁하고 있다. 치열한 경쟁하에서 대형 IT플랫폼 업체의 인증서 시장 점유율이 높아지고 있으며 결국에는 시장을 독식할 것으로 예측되기도 한다. 이에 소비자의 인증서 선택요인을 파악하고, 선택요인들 간에 중요도 차이는 어떠한지를 파악하는 것은 기업의 인증서 시장에 대한 전략 수립 및 제품 포지션이닝에 필수 요소이며, 정부의 인증서 정책 방향설정에 키포인트라 하겠다. 본 연구에서는 선행 논문 및 설문조사 등의 내역을 기반으로 소비자의 인증서 선택요인을 추출하였고, 추출된 선택요인을 기반으로 델파이조사를 통하여 4가지 선택요인(발급기관의 신뢰성, 프로그램 설치, 인증서 사용방법, 범용성(사용처))을 선별하였다. 선별된 선택요인으로 소비자 설문조사를 실시하여 컨조인트 분석결과, 발급기관의 신뢰성이 가장 중요한 효용가치로 나타났다. 다음 순으로 인증서 사용방법, 프로그램 설치, 범용성(사용처) 순으로 중요도가 나타났다.

컨조인트 분석을 통한 피자 브랜드 선택 속성의 중요도 분석 (A Conjoint-Based Approach to Analyze the Importance of Brand Choice Attributes: Pizza Restaurant Cases)

  • 양일선;채인숙;이민아;신서영;차진아
    • 대한지역사회영양학회지
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    • 제7권3호
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    • pp.354-360
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    • 2002
  • The purposes of this study were (1) to understand how customers trade off one attribute against another when they choose a pizza restaurant, (2) to compare the importance of individual attributes with their relative importance and (3) to compare customers'brand choice patterns with the prediction of pizza restaurant operators. Empirical data for this study were collected from the customers (n=307) and operators (n=273) of flour famous pizza franchise restaurants in Korea, Pizza Hut, Mister Pizza, Domino's Pizza and Pizza Mall. The attributes and attribute levels for the hypothetical profiles were decided from the focus group discussion. A total of 16 profiles was selected from fractional factorial designs. The SPSS conjoint procedure was used to calculate utility scores and simulate profiles. The overall group statistics showed the relative importance of all attributes compared with one other. Taste was the most important attribute (32.48%) in choosing a pizza restaurant, followed by service (21.87%) , atmosphere (17.23%), price (15.17%) and speed of delivery (13.26%). There was a difference between the customers'ratings of the importance of the individual attributes and the ranking of the same attributes'relative importance as derived from the conjoint analysis. The operators rated service (26.54%) as also being important, as well as taste (27.76%), in choosing a pizza restaurant. The rankings of relative importance for pizza taste, service and price were statistically different in the customers'and operators'data (p < 0.001, p < 0.1, p < 0.5). Operators who want to differentiate themselves from their competitors should make decisions based on an increased understanding of their customers'brand choice decision process and measure the hidden needs of their customers.

경쟁시장에서 컨조인트분석에 기초한 제품포지셔닝에 대한 연구 : 온라인 게임을 중심으로 (A Study on Product Positioning based on Conjoint Analysis in a Competitive Market)

  • 백승기;임호순;박명섭
    • 한국경영과학회지
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    • 제31권3호
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    • pp.107-125
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    • 2006
  • We introduce a two-stage game theoretic model to support decision making processes for product Positioning and pricing in competitive environment. In the first stage, firms decide on entry and product position, in the second stage, firms compete with price. 'Alpha rule' is used as a choice model. Demand parameters of the choice model are estimated by conjoint analysis. We investigate conditions for the existence of Nash price equilibria in the pricing game. Nash equilibria in the entry and positioning game are produced using a concept of stable sets. An example of the online game industry in Korea is examined.

순위기반 컨조인트분석과 선택기반 컨조인트분석의 예측력에 대한 실증적 비교 (An Empirical Comparison of Predictability of Ranking-based and Choice-based Conjoint Analysis)

  • 김부용
    • 응용통계연구
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    • 제27권5호
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    • pp.681-691
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    • 2014
  • 마케팅조사 등 다양한 분야에서 순위기반 컨조인트분석과 선택기반 컨조인트분석이 많이 활용되고 있다. 컨조인트 분석가들은 각 분석 기법의 상대적인 강점과 약점들을 고려하여 상황에 적합하다고 판단되는 기법을 선택하여 사용한다. 본 연구는 컨조인트분석 기법을 선택할 때 참고할 수 있는 준거를 제공하기 위하여 두가지 기법의 예측력을 실증적으로 비교하고자 한다. 순위집합과 선택집합을 통합한 측정집합 개념을 새롭게 도입함으로써 동일한 소비자 집단에 두 가지 분석기법을 동시에 적용할 수 있는 조사를 설계하였다. 실제로 측정집합을 설계하여 RTD커피에 대한 선호도를 측정하고 순위기반과 선택기반 컨조인트분석을 적용하여 소비자 선호도를 분석하고 두 기법에 의한 시장점유율 예측치와 적중률을 비교하였다. 비교결과 두 기법의 예측력에 유의적인 차이가 없는 것으로 나타났다. 따라서 응답자의 응답결과를 사전에 점검하여 부실한 자료를 제외시킴으로써 자료의 품질을 향상시키려 하거나 컨조인트분석 결과를 바탕으로 시장세분화 작업을 하기 원하는 경우에는 순위기반 컨조인트분석을 채택하고, 선호도 측정과정에서 응답자의 부담을 덜어주고 실제 시장과 가장 유사한 상황에서 선호도를 측정하고자 하는 경우에는 선택기반 조인트분석을 채택할 것을 제안한다.

선택형 컨조인트 분석을 통한 건강기능식품 속성의 소비자 선호에 관한 연구: 비타민 상품을 중심으로 (Choice-based Conjoint Analysis of Consumer Preferences for Health Food Attributes Focused on Vitamin C Supplements)

  • 김태훈;김보영
    • 유통과학연구
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    • 제13권3호
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    • pp.79-91
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    • 2015
  • Purpose - First, the study identifies and analyzes consumer preferences with regard to health foods and supplements. Second, it identifies and analyzes consumer preferences with regard to the properties of Vitamin C supplements. Third, in order to provide a basic data for the development of Vitamin C supplements and to measure how consumers value the properties of different Vitamin C products, a consumer survey was conducted through the choice-based conjoint model. Based on the results, the research estimates consumers' relative product-related priorities as well as price levels and willingness to pay (WTP) for different product types, and makes suggestions regarding consumer-oriented new product development and progressive directions for the successful launch of health foods and supplements. Research design, data, and methodology - This study aims to define the attributes of health foods and supplements based on several characteristics including their natural ingredients, product price, product originality, natural ingredient content, and additional functional ingredients, and makes suggestions regarding strategic market pricing and product development for health foods and supplements according to customer attitudes and characteristics. The research used choice-based conjoint analysis methodology based on the Multinomial Logic Model and collected 94 questionnaires filled out by users of Korean Vitamin C supplements. Results - Product price is the most influential factor among the five analyzed properties. When consumers buy Vitamin C products, the relative significance level of four of the examined properties is as follows: 40.9% for product price, 23.3% for product originality, 21.9% for natural ingredient content, and 13.9% for additional functional ingredients. Vitamin C content is excluded as it is not a statistically significant factor. It is interesting that supplement manufacturers and retailers consider Vitamin C content to be very important whereas consumers do not regard it as an important factor at the time of purchase. The results for the marginal willingness to pay (MWTP) for each property of Vitamin C supplements show that consumers are willing to pay an additional 11,146 Korean won for a 50% increase in the natural ingredient content. With regard to product originality, consumers are willing to pay an additional 11,301 Korean won for products manufactured in Europe than for products manufactured in China. Moreover, consumers show a greater preference for products manufactured in Korea than in Europe. However, consumers are not willing to pay more for additional Vitamin C or additional functional ingredients added to Vitamin C products. Conclusions - According to the results of consumer research on Vitamin C supplements, which represent a popular health food supplement in Korea, most Korean health food and supplement companies are not consumer- or market-oriented when developing new products. Companies gather information from either R&D specialists or sales managers and their opinions are highly reflected in new product development. The study's results will help companies recognize the importance of understanding consumers' unmet needs in advance to develop new products in the future.

컨조인트 분석을 이용한 캐주얼 브랜드의 제품 개발 -외재적 속성을 중심으로- (Developing Fashion Products of Casual Brand with Conjoint Analysis -focusing on extrinsic attributes-)

  • 최선형
    • 대한가정학회지
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    • 제44권12호
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    • pp.105-115
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    • 2006
  • The purpose of this study is to apply conjoint analysis to fashion product development. Conjoint measurement was undertaken on the traditional casual market, composed of Polo, Beanpole, Maru and Giordano brands. Product's attributes, such as brand name, price, country of origin and style, were selected as choice factors. Twelve profiles were used for full-profile stimulus cards method. Based on the importance and utility rates of the product attributes, preferences for the products currently in the market and simulated products were calculated. The results increased our understanding of the trends in traditional casual market and assisted in the preparation of marketing strategies for each brand.

선택상황에서의 제품 속성평가를 바탕으로 한 온라인 의류 구매자 세분화 (Market Segmentation of Online Apparel Buyers Based on Attribute Evaluations in Choice Sets)

  • 박하나;이규혜
    • 한국의류학회지
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    • 제33권7호
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    • pp.1086-1097
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    • 2009
  • Consumers have more choices for apparel products as e-shopping grows. This study examines the importance of apparel product attributes and classifies online apparel buyers into groups based on product attribute evaluation in various choice sets. For the empirical research, the online survey was conducted and Latent Gold Choice 4.0 was used for the choice-based conjoint analysis. Five consumer segments are found based on the choice selection of product attributes. The importance of product attributes (online shopping mall, brand, price, and style) and the preference of each product attribute level were different across segments. This research improves the knowledge of the purchasing behavior of online apparel buyers and provides proper attribute combinations of apparel e-shopping for each consumer segment.

순위기반 컨조인트분석에서 선호도측정을 위한 새로운 방법 (New Method for Preference Measurement in Ranking-based Conjoint Analysis)

  • 김부용
    • 응용통계연구
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    • 제27권2호
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    • pp.185-195
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    • 2014
  • 순위기반 컨조인트분석은 마케팅조사를 비롯한 다양한 분야에서 널리 활용되고 있다. 이 분석기법은 다른 기법들에 비하여 몇 가지 장점을 가지고 있는 반면에, 응답자들이 다수의 제품프로파일들에 대한 선호도 순위를 정확하게 평가하기 어렵다는 한계를 가지고 있다. 본 논문에서는 응답효율성을 향상시키기 위하여 순위집합 개념을 도입한 새로운 선호도 측정방법을 제안한다. 응답자에게 순위집합들에 포함된 소수의 프로파일들에 대한 선호도를 순위로 평가하게 한 후 평가결과를 종합하여 프로파일 전체에 대한 순위를 얻는 방법이다. 이 방법에 의하면 응답자가 프로파일들에 대한 선호도 순위를 매기는 작업을 용이하게 할 수 있고 선호도 순위를 효율적으로 평가할 수 있다. 한편, 다수의 프로파일을 수용할 수 있는 순위집합을 체계적으로 구성하기 위하여 균형불완비블록설계를 확장하여 쌍체설계로 전환시키는 방법을 개발하였다. 제안된 측정방법을 채택한 순위기반 컨조인트분석을 여성용 향수제품에 대한 소비자 선호도분석에 실제로 적용하였다.

우리나라 제화시장의 시장세분화 및 경쟁구조 분석 (An Analysis of Market Segmentation and the Competitive Structure of the Shoes Market in Korea)

  • 신정원;황선진;이윤경
    • 복식
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    • 제58권7호
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    • pp.92-103
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    • 2008
  • The purpose of this study was to subdivide the shoes market in Korea and to evaluate the size and competitive strength of each segment. In order to implement the purpose of this study, the data of 300 respondents were analyzed using CBC(Choice-Based Conjoint measurement) and mixture model. The part-worth utilities were then used to predict the impact of price change on the choice probability using the legit model. As a result, the mixture model showed the optimal segments number and the shoes market in Korea was divided into 4 segments. Each segment was identified by distinctive characteristics such as brands, price and demand for comfortable shoes. Also, as a result of grasping the competitive structure and the competitive strength by sub-markets, one group was sensitive to price according to each competitive situation, whereby the choice probability was greatly influenced, and the other group on the contrary. This study made it clear that discrimination between brands whose profits Increase sharply if price is lowered and brands whose profits do not increase even if price is lowered can help brand managers with their decision-making on price lowering.