Abstract
Fashion companies often face challenges in meeting the demand of consumers since often production plans have to be placed before exact knowledge of the demand is available. Since the industry is a highly consumer- and trend-oriented industry, predicting the customers demand is crucial for the company’s success. Nowadays, these customers have been empowered through the Web 2.0 and are able to publish opinions and experiences on various social-media applications. At the same time, these consumers are members of the fashion supply chain. This paper considers a typical fashion supply chain and focusses on the role of the buyer, whose function resides with the retailer. The buyer plays a crucial role since she or he is responsible for the trend monitoring and selection of future fashion collections. The objective of this paper is to examine if social-media text data shared by means of fashion blogs contains color information and if these color comments correspond to real-world customer demand. For this purpose, 232 blog posts were collected, analyzed, and compared to qualitative information on colors provided by a real-world clothing company. The analysis shows that it is indeed possible to discover color information from fashion blogs. Moreover, it revealed that the information identified in the blogs correspond with real-world customer demand.
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Acknowledgements
This research is part of the H2020 Framework Program, in the context of the FALCON project (Grant No. 636868). The authors wish to acknowledge the Commission and all the FALCON project partners for a fruitful collaboration.
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Beheshti-Kashi, S., Hribernik, K., Lützenberger, J., Arabsolgar, D., Thoben, KD. (2017). Fashion Supply Chains and Social Media: Examining the Potential of Data Analysis of Social-Media Texts for Decision Making-Processes in Fashion Supply Chains. In: Rinaldi, R., Bandinelli, R. (eds) Business Models and ICT Technologies for the Fashion Supply Chain. IT4Fashion 2016. Lecture Notes in Electrical Engineering, vol 413. Springer, Cham. https://doi.org/10.1007/978-3-319-48511-9_22
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DOI: https://doi.org/10.1007/978-3-319-48511-9_22
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