Ma, R., Mao, D., Cao, D. et al. (3 more authors) (2024) From vineyard to table: uncovering wine quality for sales management through machine learning. Journal of Business Research, 176. 114576. ISSN 0148-2963
Abstract
The literature currently offers limited guidance for retailers on how to use analytics to decipher the relationship between product attributes and quality ratings. Addressing this gap, our study introduces an advanced ensemble learning approach to develop a nuanced framework for assessing product quality. We validated the effectiveness of our framework with a dataset comprising 1,599 red wine samples from Portugal’s Minho region. Our findings show that this model surpasses previous ones in accurately predicting product quality, presenting retailers with a sophisticated tool to transform product data into actionable insights for sales management. Furthermore, our approach yields significant benefits for researchers by identifying latent attributes in extensive data collections, which can inform a deeper understanding of consumer preferences and guide the strategic planning of marketing promotions.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2024 The Authors. Except as otherwise noted, this author-accepted version of a journal article published in Journal of Business Research is made available via the University of Sheffield Research Publications and Copyright Policy under the terms of the Creative Commons Attribution 4.0 International License (CC-BY 4.0), which permits unrestricted use, distribution and reproduction in any medium, provided the original work is properly cited. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ |
Keywords: | Machine learning; Product attribute; Product quality assessment; Ensemble learning; Sales management; Wine |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Management School (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 06 Mar 2024 09:55 |
Last Modified: | 08 Mar 2024 14:34 |
Status: | Published |
Publisher: | Elsevier BV |
Refereed: | Yes |
Identification Number: | 10.1016/j.jbusres.2024.114576 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:209967 |