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Multidimensional product market performance evaluation based on a weak expert comparative viewpoint mining framework

Chao Wang (School of Economics and Management, Tongji University, Shanghai, China)
Xiaoyan Jiang (School of Economics and Management, Tongji University, Shanghai, China)
Qing Li (School of Economics and Management, Tongji University, Shanghai, China)
Zijuan Hu (School of Economics and Management, Tongji University, Shanghai, China)
Jie Lin (School of Economics and Management, Tongji University, Shanghai, China)

Kybernetes

ISSN: 0368-492X

Article publication date: 21 June 2024

37

Abstract

Purpose

Market evaluation of products is the basis for product innovation, yet traditional expert-based evaluation methods are highly dependent on the specialization of experts. There exist a lot of weak expert-generated texts on the Internet of their own subjective evaluations of products. Analyzing these texts can indirectly extract the opinions of weak experts and transform them into decision-support information that assists product designers in understanding the market.

Design/methodology/approach

In social networks, a subset of users, termed “weak experts”, possess specialized knowledge and frequently share their product experiences online. This study introduces a comparative opinion mining framework that leverages the insights of “weak experts” to analyze user opinions.

Findings

An automotive product case study demonstrates that evaluations based on weak expert insights offer managerial insights with a 99.4% improvement in timeliness over traditional expert analyses. Furthermore, in the few-shot sentiment analysis module, with only 10% of the sample, the precision loss is just 1.59%. In addition, the quantitative module of specialization weighting balances low-specialization expert opinions and boosts the weight of high-specialization weak expert views. This new framework offers a valuable tool for companies in product innovation and market strategy development.

Originality/value

This study introduces a novel approach to opinion mining by focusing on the underutilized insights of weak experts. It combines few-shot sentiment analysis with specialization weighting and AHP, offering a comprehensive and efficient tool for product evaluation and market analysis.

Keywords

Acknowledgements

This work was supported by Science and Technology Commission of Shanghai Municipality, China (22692108300) and the National Natural Science Foundation of China (71672128).

Citation

Wang, C., Jiang, X., Li, Q., Hu, Z. and Lin, J. (2024), "Multidimensional product market performance evaluation based on a weak expert comparative viewpoint mining framework", Kybernetes, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/K-02-2024-0318

Publisher

:

Emerald Publishing Limited

Copyright © 2024, Emerald Publishing Limited

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