Jiayun Wang, Shanshan Wu, Qingwei Jin, Yijun Wang, Can Chen
{"title":"Identifying Popular Products at an Early Stage of Sales Season for Apparel Industry","authors":"Jiayun Wang, Shanshan Wu, Qingwei Jin, Yijun Wang, Can Chen","doi":"10.1287/inte.2023.0022","DOIUrl":null,"url":null,"abstract":"The early phase of launching a new apparel product is critical for gaining insights of its performance and classifying it into different categories such as fast selling, average selling, and slow selling. We propose a new ranking-based method to identify the product popularity that predicts regional and national rankings of products based on sales data at an early stage of a sales season. Our method enables companies to efficiently identify popular products within a remarkably short span of two to four weeks.","PeriodicalId":510763,"journal":{"name":"INFORMS Journal on Applied Analytics","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2023-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"INFORMS Journal on Applied Analytics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1287/inte.2023.0022","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
The early phase of launching a new apparel product is critical for gaining insights of its performance and classifying it into different categories such as fast selling, average selling, and slow selling. We propose a new ranking-based method to identify the product popularity that predicts regional and national rankings of products based on sales data at an early stage of a sales season. Our method enables companies to efficiently identify popular products within a remarkably short span of two to four weeks.
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