首页|Forecasting customer behaviors for new fashion product development: a decision support system
Forecasting customer behaviors for new fashion product development: a decision support system
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NETL
NSTL
Emerald Group Publishing
Purpose In the fashion industry, the new product development process is considered as a powerful tool that supports companies to survive and achieve greater success in dynamic markets. This study aims to create a predictive model that utilizes data mining techniques to identify the factors that influence customer behavior and estimate their clothing purchase preferences in this process.Design/methodology/approach This paper first determined the relationship between the product’s material and prices based on customers’ viewpoints through the K-means clustering technique. In the next step, customers’ preferences were measured through these fashion product’s attributes including colors, forms, styles and patterns by Conjoint analysis.Findings By collecting and analyzing data from markets and customers, reliable suggestions were proposed for designing garments that satisfy customers’ demands and raise company profits. These results from the forecasting model could support managers in making the best decisions, being time efficient and saving costs during the new product development process.Originality/value This study describes a new understanding of the elements influencing consumers’ behavior that are connected to fashion products. The incorporation of market data and scientific knowledge will improve the success of the new product development process.
Nhu Ngoc Phan Ha、Thi Kim Hue Trinh、Song Thanh Quynh Le
NETL
NSTL
Emerald Group Publishing
