Web engine for investigating consumer consideration
Name
518080883-MIT.pdf
Description
Full printable version
Size
13.38 MB
Format
Adobe PDF
Checksum (MD5)
26b4a3fcfdac7d81ca64c8fef9a09735
Author(s)
Ocholi, Eleojo E
Advisor(s)
Glen Urban.
Date Issued
2009
Publisher
Massachusetts Institute of Technology
Abstract
Today consumers are presented with a plethora of products each time they want to make a purchase. Sometimes they have up to thousands of options and configurations to pick from and yet many consumers are shown to initially screen this size to create a more manageable set to truly consider in an in-depth way. Companies today are looking for ways to ensure that their products make it into the smaller consideration sets of consumers in order to increase the probability of sales. This thesis documents the design of a web engine that provides a survey framework for investigating algorithms that aim to predict which products a user will place in their consideration set as well as to aid in investigating the factors that can lead to the modification of rules that govern a consumer's consideration set. Firstly I evaluated and documented the improvements required from older systems created by the research group. Then over the course of two studies I designed a highly modular system that is a new iteration of the older versions. Finally, more than 3500 participants used the system during field tests and the system was successful in mitigating the previous issues and delivering a better user experience as well as collecting the necessary data. This project lays the groundwork for a platform that can be used for generally investigation and testing consideration predictive algorithms in various retail spaces.
Description
Thesis (M. Eng.)--Massachusetts Institute of Technology, Dept. of Electrical Engineering and Computer Science, 2009.
Includes bibliographical references (p. 37-38).
Subjects
Electrical Engineering and Computer Science.
MIT Department
Massachusetts Institute of Technology. Department of Electrical Engineering and Computer Science
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