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A Novel Trigger Model for Sales Prediction with Data Mining Techniques Cover

A Novel Trigger Model for Sales Prediction with Data Mining Techniques

Open Access
|May 2015

Figures & Tables

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Figure 1

The framework of our Trigger Model System.

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Figure 2

Entity relationship diagram.

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Figure 3

Trigger model research procedure.

Table 1

Details of attributes.

AttributeDescription
SKUthe unique identification number of the book
Searching recordhow many times the book is searched daily
Clicking recordhow many times the book’s webpage is clicked daily
Following recordhow many times the book is followed daily
Commentsdue to time limits, we use only a daily number of comments in this research
Reference pricethe book’s original price
Dealing pricethe book’s actual sold price
Previous salespast sales
Table 2

Details of prediction models.

ModelPrediction MethodVariablesEnvironment
Model 1BPNN Modelprevious sales, total attention, daily average priceMATLAB
Model 2GARCH Dynamic Modelprevious sales, total attention, daily average priceEVIEWS
Model 3ELM Model10 VariablesMATLAB
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Figure 4

Trigger model prediction results.

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Figure 5

Testing data set comparison results.

Table 3

Testing data set MAPE comparison.

MODELModel 1Model 2Model 3ARMATrigger Model
MAPE(AVE)0.997710.7971650.9859581.1444980.540844
Language: English
Published on: May 22, 2015
Published by: Ubiquity Press
In partnership with: Paradigm Publishing Services
Publication frequency: 1 issue per year

© 2015 Wenjie Huang, Qing Zhang, Wei Xu, Hongjiao Fu, Mingming Wang, Xun Liang, published by Ubiquity Press
This work is licensed under the Creative Commons Attribution 4.0 License.