The Forecasting Sales Volume and Satisfaction of Organic Products through Text Mining on Web Customer Reviews
Abstract
:1. Introduction
2. Literature Review
2.1. The Transition to Sustainable Organic Product Consumption
2.2. User Satisfaction for Online Shopping
2.3. Research on Forecasting Sales Volume of Online Shopping
3. Conceptual Framework and Research Model
3.1. Study 1: Effects of Online Customer Reviews on Satisfaction
3.2. Study 2: Effects of Online Variables on Sales
4. Research Methodology
4.1. Research Procedure
4.2. Data Collection
5. Data Analysis and Results
5.1. Study 1: Sentiment Analysis and Latent Dirichlet Allocation (LDA) Topic Modeling Analysis Results
- Read the collection of review documents and use Jieba for word segmentation.
- Assign an ID to each word, namely the corporate dictionary.
- After the ID is assigned, the word frequency of each word is sorted out, and a sparse vector is formed using the form of “word ID: word frequency”.
- Use the LDA model of the Gensim library for training.
- The results show that after the model finishes running, it will output the probability that a comment belongs to a topic and judge which topic that is, based on the probability.
5.2. Study 2: Online Variables and Sales Volume Linear Regression
6. Discussion
7. Conclusions and Implications
Author Contributions
Funding
Acknowledgments
Conflicts of Interest
Appendix A
Construct | Items | Questions | Reference |
---|---|---|---|
Packaging Design | PD1 | Packaging color composition on organic products packaging draws attention. | [22,84] |
PD2 | Organic products picture packaging draws attention. | ||
PD3 | Organic products packaging visual design is aesthetic and unique to draw attention. | ||
PD4 | Packaging material of organic products reflects good quality. | ||
Nutritional Information | NI1 | Nutritional information is easy to understand. | [80] |
NI2 | Nutritional information is useful and important, from the point of view of nutrition. | ||
NI3 | Nutritional information influences more deliberate and reasonable choices. | ||
NI4 | Nutritional information should be available in online shopping. | ||
Food Quality | FQ1 | I shop online because organic products are superior to that sold in offline stores. | [84,86] |
FQ2 | I feel the quality of organic products online is better than offline. | ||
FQ3 | I feel the organic products purchased online are healthier than offline. | ||
Delivery Risk | DR1 | The delivered organic products could be lost. | [71] |
DR2 | Delivered the organic products to a wrong place. | ||
DR3 | The organic products are damaged during delivery. | ||
Freshness | FN1 | The freshness of organic products purchased online is more fresh than offline. | [30] |
FN3 | The quality of organic products purchased online is more fresh than offline. | ||
FN2 | The quality of fresh organic products purchased online is better than offline. | ||
Source Risk | SR1 | Online information about organic products is not true. | [71] |
SR2 | It is difficult to get support when organic products fail. | ||
SR3 | I cannot find the place to settle disputes. | ||
SR4 | Providers fail to keep the promise of post-purchase services. | ||
Satisfaction | SF1 | I am very happy to buy organic products online. | [56] |
SF2 | Overall, I am satisfied with the purchase of organic products online. | ||
SF3 | Overall, buying organic products online comes up to my expectations. |
Appendix B
Demographics | Frequency (n) | Percent (%) | |
---|---|---|---|
Gender | Male | 160 | 36.87 |
Female | 274 | 63.13 | |
Age | Below 18 | 28 | 6.68 |
18–30 | 184 | 42.63 | |
31–40 | 94 | 21.89 | |
41–50 | 70 | 16.36 | |
51–60 | 44 | 10.37 | |
Above 61 | 8 | 2.07 | |
Education Level | High school or below | 54 | 12.67 |
College | 44 | 10.14 | |
University | 227 | 52.53 | |
Masters or above | 107 | 24.65 | |
Income | Less than $710 | 255 | 58.99 |
Between $710–1410 | 140 | 32.49 | |
Between $1411–2830 | 20 | 4.61 | |
More than $ 2830 | 16 | 3.92 | |
Occupation | Career student | 149 | 34.33 |
Staff | 61 | 14.06 | |
Full time (professor, nurse) | 72 | 16.59 | |
Freelance | 42 | 9.68 | |
Civil servant | 37 | 8.53 | |
Housewife | 18 | 4.15 | |
Other | 55 | 12.67 | |
How many times do you buy organic products online in a month? | 1 time | 279 | 64.52 |
2–3 times | 113 | 26.27 | |
4–6 times | 25 | 5.99 | |
7–10 times | 8 | 1.84 | |
11 or more times | 6 | 1.38 | |
How many times do you buy organic products offline in a month? | 1 time | 154 | 35.71 |
2–3 times | 144 | 33.41 | |
4–6 times | 66 | 15.44 | |
7–10 times | 21 | 5.07 | |
11 or more times | 44 | 10.37 | |
Please select the type of organic produce that you often buy (multiple choices) | Organic fruits | 345 | 79.49 |
Organic vegetables | 253 | 58.29 | |
Organic food (organic rice, organic red beans, etc.) | 178 | 41.01 | |
Organic livestock and poultry products (organic beef, organic pork, organic eggs, etc.) | 93 | 21.43 | |
Organic bee products | 67 | 15.44 | |
Organic tea products | 56 | 12.9 | |
Organic seafood products | 41 | 9.45 | |
Organic edible fungi products (organic mushroom) | 49 | 11.29 | |
Organic milk products | 116 | 26.73 | |
Organic seasoning | 40 | 9.22 | |
Processed products with organic products as raw materials (organic drinks) | 35 | 8.06 | |
Why buy organic produce? | Health | 157 | 55.67 |
Quality assurance | 11 | 3.90 | |
Nutrition | 35 | 12.41 | |
Safety | 24 | 8.51 | |
Fresh | 9 | 3.19 | |
Experience | 10 | 3.55 | |
Cheap | 19 | 2.48 | |
Good taste | 2 | 0.71 | |
Convenience | 7 | 2.48 | |
Environmental protection | 8 | 2.84 |
Appendix C
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Study | Research Content | Variables | Methodology |
---|---|---|---|
[29] | Customers’ food order intentions via internet or phone | Service quality, product quality, product freshness, time savings, behavioral intentions | Survey, ANOVA |
[30] | The impact of perceived risk on online shopping | Fraud risk, delivery risk, financial risk, process and time loss risk, product risk, privacy risk, information risk | Survey, SPSS |
[31] | Factors determining customer satisfaction with online shopping | Information, search, ordering facilities, after ordering facilities, website aesthetic and attractiveness, delivery and customer support activities, price, quality | Survey, SPSS |
[32] | Factors affecting customers buying products online | Reputation, website design, fulfillment, reliability, customer service, security, privacy, emotion, perceived risk, purchase intention | Survey, EMS |
[33] | Factors affecting customers’ online shopping satisfaction | Consumer satisfaction, website design, security, information quality, payment method, e-service quality, product quality, product variety, delivery service, customer satisfaction | Survey, ANOVA, Regression |
Literature | Research Content | Data Sources | Methodology |
---|---|---|---|
[35] | Online reviews are related to product sales | Historical sales and online review data | The Bass/Norton model and sentiment analysis |
[34] | Provide consumers with the best products online | Online consumer reviews | Sentiment mining |
[36] | The relationship between word-of-mouth (WOM) and online reviews | Online customer reviews | Natural language processing (NLP) |
[33] | Impact of online reviews on travel products | Online reviews for hotels | Latent Dirichlet Analysis |
Study | Research Content | Variables | Methodology |
---|---|---|---|
[39] | Online reviews (e.g., valence and volume), online promotional strategies (e.g., free delivery and discounts) and sentiments from user reviews can help predict product sales. | Discount value, discount rate, free delivery, online reviews, discount rate, | Artificial neural network |
[40] | The goal of this paper is to develop models for predicting the helpfulness of reviews, providing a tool that finds the most helpful reviews of a given product. | Product type, retail price, sales rank, review rating | Artificial neural network, Regression |
[41] | Social media communication structure and predicting the product sales volume based on the literature review of the existing media theory. | Conveyance, convergence | Artificial neural network, Regression |
[42] | This study aims to examine the roles of online reviews and reviewer characteristics in predicting product sales. | Votes of reviewer and picture of reviewer | Sentiment analysis, Artificial neural network |
Order | Positive Topics | Negative Topics | ||||
---|---|---|---|---|---|---|
Packaging Design | Nutritional Information | Food Quality | Delivery Risk | Freshness | Source Risk | |
1 | Great | Quality | Quality | Time | Organic | Evaluation |
2 | Golden | Products | Beautiful | Too slow | Garbage | Customer Service |
3 | Color | Nutrition | Perfect | Hour | Almost | Online Shopping |
4 | Picture | Health | Great | Yuan tong | Pesticide | Attitude |
5 | Very good | First-rate | Loyal | Consumption | Diarrhea | Regular customer |
6 | Appearance | Product quality | Fans | Postage | Bad smell | Psychology |
7 | Bag | Good | Fresh | Nonsense | Hospital | Merchants |
8 | Gift | Type | Crisp | Late | Epidermis | Cautious |
Constructs | Items | Factor Loadings | AVE | Construct Reliability | Cronbach’s α |
---|---|---|---|---|---|
Packaging Design | PD1 | 0.804 | 0.665 | 0.888 | 0.891 |
PD2 | 0.883 | ||||
PD3 | 0.837 | ||||
PD4 | 0.730 | ||||
Nutritional Information | NI1 | 0.703 | 0.562 | 0.836 | 0.805 |
NI2 | 0.817 | ||||
NI3 | 0.808 | ||||
NI4 | 0.657 | ||||
Food Quality | FQ1 | 0.877 | 0.759 | 0.904 | 0.925 |
FQ2 | 0.876 | ||||
FQ3 | 0.860 | ||||
Delivery Risk | DR1 | 0.862 | 0.701 | 0.875 | 0.843 |
DR2 | 0.868 | ||||
DR3 | 0.778 | ||||
Freshness | FN1 | 0.842 | 0.729 | 0.890 | 0.870 |
FN2 | 0.854 | ||||
FN3 | 0.866 | ||||
Source Risk | SR1 | 0.764 | 0.734 | 0.917 | 0.904 |
SR2 | 0.885 | ||||
SR3 | 0.880 | ||||
SR4 | 0.891 | ||||
Satisfaction | SF1 | 0.770 | 0.642 | 0.843 | 0.901 |
SF2 | 0.821 | ||||
SF3 | 0.811 |
Index | β | t-value | Sig. |
---|---|---|---|
Packaging Design | 0.245 | 5.682 | 0.000 |
Nutritional Information | 0.240 | 5.697 | 0.000 |
Food Quality | 0.199 | 4.715 | 0.000 |
Delivery Risk | −0.104 | −2.612 | 0.009 |
Freshness | −0.107 | −2.668 | 0.008 |
Source Risk | −0.137 | −3.479 | 0.001 |
Index | β | t | Sig. |
---|---|---|---|
Product Fans | 0.069 | 14.174 | 0.000 |
Price | 0.000 | −0.197 | n. s. |
Price Discounts | 32.270 | 2.868 | 0.004 |
Free Delivery | −0.001 | −0.041 | n. s. |
Organic Label | 4.768 | 0.380 | n. s. |
Number of Customer Reviews | 0.110 | 36.283 | 0.000 |
Index | RMSE | Loss |
---|---|---|
6 variables | 0.5065 | 0.6085 |
5 variables | 0.7032 | 0.7826 |
4 variables | 0.4936 | 0.5079 |
3 variables | 0.2580 | 0.2651 |
2 variables | 0.4346 | 0.3725 |
1 variable | 0.6148 | 0.7720 |
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Lyu, F.; Choi, J. The Forecasting Sales Volume and Satisfaction of Organic Products through Text Mining on Web Customer Reviews. Sustainability 2020, 12, 4383. https://doi.org/10.3390/su12114383
Lyu F, Choi J. The Forecasting Sales Volume and Satisfaction of Organic Products through Text Mining on Web Customer Reviews. Sustainability. 2020; 12(11):4383. https://doi.org/10.3390/su12114383
Chicago/Turabian StyleLyu, Fang, and Jaewon Choi. 2020. "The Forecasting Sales Volume and Satisfaction of Organic Products through Text Mining on Web Customer Reviews" Sustainability 12, no. 11: 4383. https://doi.org/10.3390/su12114383
APA StyleLyu, F., & Choi, J. (2020). The Forecasting Sales Volume and Satisfaction of Organic Products through Text Mining on Web Customer Reviews. Sustainability, 12(11), 4383. https://doi.org/10.3390/su12114383