ZHANMING WEN

Mr. ZHANMING WEN


Research Focus & Metrics

Academic Career Length

4Years (2023-Present)

(Calculated once Scilit publication data is synced: current year − year of first publication + 1)

Representative Publications

View All Publications
18 May 2023 in Systems
Verified
Journal Article
Open access
PDF file
ZWZHANMING WEN
ZHANMING WEN
WLWeizhen Lin
Weizhen Lin
HLHongwei Liu
Hongwei Liu
Since online shopping has become an important way for consumers to make purchases, consumers have signed up to e-commerce platforms to shop online. However, retailers are beginning to realise the critical role of predicting anonymous consumer purchase intent to improve purchase conversion rates and store profitability. Therefore, this study aims to investigate the prediction of anonymous consumer purchase intent. This research presents a machine learning model (MBT-POP) for predicting customer purchase behaviour based on multi-behavioural trendiness (MBT) and product popularity (POP) using 33,339,730 clicks generated from 445,336 sessions of real e-commerce customers. The results show that the MBT-POP model can effectively predict the purchase behaviour of anonymous customers (F1 = 0.9031), and it achieves the best prediction result with a sliding window of 2 days. Compared to existing studies, the MBT-POP model not only improves the model performance, but also compresses the number of days required for accurate prediction. The present research has argued that product trendiness and popularity can significantly improve the predictive performance of the customer purchase behaviour model and can play an important role in predicting the purchase behaviour of anonymous customers.

19 June 2023 in Systems
Verified
Journal Article
Open access
PDF file
YCYanjun Chen
Yanjun Chen
HLHongwei Liu
Hongwei Liu
ZWZHANMING WEN
ZHANMING WEN
WLWEIZHEN LIN
WEIZHEN LIN
This study proposes a random forest model to address the limited explanation of consumer purchase behavior in search advertising, considering the influence of anchoring effects on rational consumer behavior. The model comprises two components: prediction and explanation. The prediction part employs various algorithms, including logistic regression (LR), adaptive boosting (ADA), extreme gradient boosting (XGB), multilayer perceptron (MLP), naive bayes (NB), and random forest (RF), for optimal prediction. The explanation part utilizes the SHAP explainable framework to identify significant indicators and reveal key factors influencing consumer purchase behavior and their relative importance. Our results show that (1) the explainable machine learning model based on the random forest algorithm performed optimally (F1 = 0.8586), making it suitable for analyzing and predicting consumer purchase behavior. (2) The dimension of product information is the most crucial attribute influencing consumer purchase behavior, with features such as sales level, display priority, granularity, and price significantly influencing consumer perceptions. These attributes can be considered by merchants to develop appropriate tactics for improving the user experience. (3) Consumers’ purchase intentions vary based on the presented anchor point. Specifically, high anchor information related to product quality ratings increases the likelihood of purchase, while price anchors prompted consumers to compare similar products and opt for the most economical option. Our findings provide guidance for optimizing marketing strategies and improving user experience while also contributing to a deeper understanding of the decision−making mechanisms and pathways in online consumer purchase behavior.

ZWZHANMING WEN
ZHANMING WEN
YCYanjun Chen
Yanjun Chen
HLHongwei Liu
Hongwei Liu
ZLZhouyang Liang
Zhouyang Liang
We aimed to provide a realistic portrayal of customer sentiment and product competitiveness, as well as to inspire businesses to optimise their products and enhance their services. This paper uses 119,190 pairs of real composite review data as a corpus to examine customer sentiment analysis and product competitiveness. The research is conducted by combining TF-IDF text mining with a time-phase division through the k-means clustering method. The study identified ‘quality’, ‘taste’, ‘appearance packaging’, ‘logistics’, ‘prices’, ‘service’, ‘evaluations’, and ‘customer loyalty’ as the commodity dimensions that customers are most concerned about. These dimensions should therefore serve as the primary entry point for improving the commodity and understanding customers. A review of customer feedback reveals that the composite reviews can be divided into three time stages. Furthermore, the sentiment expressed by customers can become increasingly negative over time. The product competitiveness based on the composite review can be characterised by four regional quadrants, such as ‘Advantage Area’, ‘Struggle Area’, ‘Opportunity Area’, and ‘Waiting Area’, and merchants can target these areas to improve product competitiveness according to the dimensional distribution. In the future, it will also be possible to take customer demographics into account in order to gain a deeper understanding of the customer base.