UNDERSTANDING CONSUMER LOYALTY USING NEURAL NETWORK

Journal Title: Polish Journal of Management Studies - Year 2017, Vol 16, Issue 2

Abstract

Instant coffee products are very popular for consumers, at both urban and rural levels. Consumer loyalties respond to various attributes of instant coffee products, grouped by internal and external factors. The study using Artificial Neural Network (ANN) model. The proposed method provides a direct mapping from configuration loyalty attributes to consumer behavior. The algorithm used in training set is Scaled Conjugate Gradient (SCG) with random data division and the performance is calculated using MSE. The result revealed that internal factors were effective predictors of a lower preference in consumer loyalties whereas external factors were more effective in predicting a higher preference in consumer loyalties. This research represents a first attempt to use neural networking to model the relationship between consumer-producer attributes and consumer loyalties.<br/><br/>

Authors and Affiliations

Yosini Deliana, Irlan Adiyatma Rum

Keywords

Related Articles

WEBSITE CONTENT QUALITY IN TERMS OF PERCEIVED IMAGE OF HIGHER EDUCATION INSTITUTION

The main objective of the article is to clarify the importance of different types of website content found on websites of higher education institutions in relation to the image – reputation perceived by their students –...

Managing Inefficiency of Participatory Budgeting by Investigating the Dark Side Personality of Managers

Participatory budgeting is widely promoted as a new reform in finance management. However, regardless of its acknowledged effectiveness, the model also produces managers’ moral hazard known as budgetary slack that is a p...

AN ASSESSMENTS OF THE BANKING SYSTEM PERFORMENCE OF ROMANIA & UNITED KINGDOM DURING THE LAST FINANCIAL CRISIS

After the global crisis and the worst global economic downturn of recent times, banks in Europe were striving for success in a continually changing industry. Numerous initiatives have been launched in order to improve th...

The Scope of e-HRM and its Effectiveness

Purpose - The motive of this study is to discover the scope and potency of electronic Human Resource Management in the organizations. As per the digitization of our current corporate culture, we have come across e-HRM fo...

COMPARISON OF CONTROLLING TOOLS OF DIFFERENT SALES STRUCTURES: CASE STUDIES

This paper describes and analyses the importance and usefulness of different controlling tools, which are used by two companies of the case studies. The organizational structure of the companies and their main key parame...

Download PDF file
  • EP ID EP248529
  • DOI 10.17512/pjms.2017.16.2.05
  • Views 110
  • Downloads 0

How To Cite

Yosini Deliana, Irlan Adiyatma Rum (2017). UNDERSTANDING CONSUMER LOYALTY USING NEURAL NETWORK. Polish Journal of Management Studies, 16(2), 51-61. https://europub.co.uk./articles/-A-248529