Skip to main content

Artificial Hydrocarbon Networks for Online Sales Prediction

  • Conference paper
  • First Online:
Advances in Artificial Intelligence and Its Applications (MICAI 2015)

Abstract

Online retail sales have been growing worldwide in the last decade. In order to cope with this high dynamicity and market share competition, online retail sales prediction and online advertising have become very important to answer questions of pricing decisions, advertising responsiveness, and product demand. To make adequate investment in products and channels it is necessary to have a model that relates certain features of the product with the number of sales that will occur in the future. In this paper we describe a comparative analysis of machine learning techniques against a novel supervised learning technique called artificial hydrocarbon networks (AHN). This method is a new type of machine learning that have proved to adapt very well to a wide spectrum of problems of regression and classification. Thus, we use artificial hydrocarbon networks for predicting the number of online sales, and then we compare their performance with other ten well-known methods of machine learning regression, obtaining promising results.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Wu, S.: Forrester Research Online Retail Forecast, 2013 To 2018 (US), Q4 2014 Update, Forrester Forrester Research, Inc., Created January 26, 2015, Updated March 3, 2015, Consulted June 10, 2015 (2015). https://www.forrester.com/Forrester+Research+Online+Retail+Forecast+2013+To+2018+US+Q4+2014+Update/fulltext/-/E-res121011

  2. Zeng, V. et al.: China Online Retail Forecast, 2014 to 2019, Forrester Forrester Research, Inc., Created February 4, 2015, Consulted June 10, 2015 (2015). https://www.forrester.com/China+Online+Retail+Forecast+2014+To+2019/fulltext/-/E-res118544?al=0

  3. Asociación Mexicana de Internet (AMIPCI): Estudio Comercio Electrónico en México 2015, Created June 24, 2015, Consulted June 25, 2015 (2015). https://amipci.org.mx/estudios/comercio_electronico/Estudio_de_Comercio_Electronico_AMIPCI_2015_version_publica.pdf

  4. Levin, J.D.: The Economics of Internet Markets, NBER Working Paper No. 16852 March 2011 JEL No. C78, D4, D44, L10, L14, O33, Presented in Econometric Society World Congress in Shanghai, Consulted June 20, 2015 (2011). http://www.nber.org/papers/w16852.pdf

  5. Ponce, H., Ponce, P., Molina, A.: Artificial Organic Networks: Artificial Intelligence Based on Carbon Networks. Studies in Computational Intelligence, vol. 521. Springer, Switzerland (2014)

    Book  Google Scholar 

  6. Ponce, H., Ponce, P.: Artificial organic networks. In: Proceedings of IEEE Conference on Electronics, Robotics, and Automotive Mechanics, pp. 29–34 (2011)

    Google Scholar 

  7. Molina, A., Ponce, H., Ponce, P., Tello, G., Ramirez, M.: Artificial hydrocarbon networks fuzzy inference systems for CNC machines position controller. Int. J. Adv. Manuf. Technol. 72(9–12), 1465–1479 (2014)

    Article  Google Scholar 

  8. Ponce, H., Ponce, P., Molina, A.: Adaptive noise filtering based on artificial hydrocarbon networks: an application to audio signals. Expert Syst. Appl. 41(14), 6512–6523 (2014)

    Article  Google Scholar 

  9. Beheshti-Kashi, S., Karimi, H.R., Thoben, K.D., Lütjen, M., Teucke, M.: A survey on retail sales forecasting and prediction in fashion markets. Syst. Sci. Control Eng. Open Access J. 3(1), 154–161 (2015)

    Article  Google Scholar 

  10. Haghi, H.V., Tafreshi, S.M.: An overview and verification of electricity price forecasting models. In: International Power Engineering Conference, IPEC 2007, pp. 724–729. IEEE, December 2007

    Google Scholar 

  11. Kaggle Inc.: Online Product Sales, Data files, Updated May 4th, 2012, Consulted June 20, 2015 (2012). https://www.kaggle.com/c/online-sales/data

  12. Granitto, P.M., Furlanello, C., Biasioli, F., Gasperi, F.: Recursive feature elimination with random forest for PTR-MS analysis of agroindustrial products. Chemom. Intell. Lab. Syst. 83(2), 83–90 (2006)

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Hiram Ponce .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2015 Springer International Publishing Switzerland

About this paper

Cite this paper

Ponce, H., Miralles-Pechúan, L., de Lourdes Martínez-Villaseñor, M. (2015). Artificial Hydrocarbon Networks for Online Sales Prediction. In: Pichardo Lagunas, O., Herrera Alcántara, O., Arroyo Figueroa, G. (eds) Advances in Artificial Intelligence and Its Applications. MICAI 2015. Lecture Notes in Computer Science(), vol 9414. Springer, Cham. https://doi.org/10.1007/978-3-319-27101-9_38

Download citation

  • DOI: https://doi.org/10.1007/978-3-319-27101-9_38

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-27100-2

  • Online ISBN: 978-3-319-27101-9

  • eBook Packages: Computer ScienceComputer Science (R0)

Publish with us

Policies and ethics