Agent Technology for eCommerce

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Agent Technology for eCommerce

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Consumer Buying Behaviour (CBB) theory provides a model that describes the ... If more than one products are required there may be no single site that caters for all ... – PowerPoint PPT presentation

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Title: Agent Technology for eCommerce


1
Agent Technology for e-Commerce
  • Chapter 4 Shopping Agents
  • Maria Fasli
  • http//cswww.essex.ac.uk/staff/mfasli/ATe-Commerce
    .htm

2
Consumer Buying Behaviour Model
  • Consumer Buying Behaviour (CBB) theory provides a
    model that describes the actions and decisions
    involved in buying and selling goods and services
  • Most CBB models involve six stages
  • Need recognition
  • Product brokering
  • Merchant brokering
  • Negotiation
  • Purchase and delivery
  • Service and evaluation
  • Agent technology can be potentially used in every
    stage

3
Online shopping The problem
  • Consumers attitudes towards online shopping have
    changed
  • To search for a product, a consumer can
  • Visit specific vendors sites that she is aware
    of
  • Use standard search engines and keyword retrieval
    to identify potential vendors and products
  • In each site visited the consumer can search for
    a product, its price, specification and other
    attributes

4
  • This approach has several shortcomings
  • There may be hundreds of vendors selling the same
    or similar products checking vendors requires
    time
  • Returned results through standard search
    technology may be biased
  • If more than one products are required there may
    be no single site that caters for all
  • When visiting a new vendor, the consumer needs to
    get acquainted with new interfaces
    time-consuming and also hinders impulse shopping

5
  • Vendors may allow users to sign up to receive
    alerts
  • Completing lengthy forms may be required which
    may also require the user to provide personal
    information the users privacy is weakened
  • Such services are impersonal

6
Using shopping agents
  • Users have more choice, but there are too many
    choices information overload
  • Shopping agents or shopbots can enhance the
    users shopping experience by
  • Helping them decide what to buy
  • Finding specifications and reviews for products
  • Comparing products, vendors and services
    according to user-defined criteria
  • Finding the best value products and services
  • Monitoring online shops for product availability,
    special offers and discounts and sending alerts

7
Potential benefits
  • For the individual user
  • Time savings
  • More vendors can be queried and better deals can
    be uncovered
  • User can have access to smaller vendors
  • Help them make educated decisions
  • Psychological burden-shifting

8
  • For the marketplace
  • Shopping agents and reputation systems can help
    tackle fraud
  • Increased competition
  • Market efficiency
  • Smaller vendors can be visible
  • Shopping agents can be used not only on retail
    markets, but also on business-to-business (B2B)
    markets

9
Working for the user
  • To be truly useful and work for the user they
    have to
  • Be impartial i.e. provide unbiased information to
    the user
  • Be autonomous, proactively seek to help the user
    for instance by checking for products etc.
  • Preserve privacy when required, the users
    identity may have to be concealed to preserve her
    privacy
  • Offer personalized services to the user
  • Make comparisons based on multiple attributes

10
How shopping agents work
11
  • Similarly to meta-search engines
    screen-scraping
  • They parse HTML pages and look for specific
    information
  • They rely on regularities in the layout of web
    pages
  • Navigation regularity
  • Uniformity regularity
  • Vertical separation regularity

12
Limitations and issues
  • Current techniques for extracting information
    rely on syntax
  • Although the information required is stored in
    machine-processable and well-structured format,
    agent developers have no access to this
    information
  • Heuristics are ad-hoc, difficult and
    time-consuming to develop and prone to errors
  • The resulting systems are cumbersome and vendor
    specific
  • New vendors cannot be discovered and queried at
    runtime
  • Only able to retrieve limited information and
    comparisons are usually made on price alone
    vendors vendors do not like that, other
    attributes may be important (guarantee, service
    etc.)
  • The information retrieved may be inaccurate

13
  • Shopping agents make commissions in three ways
  • For each hit made to the vendors site
  • For sales that result from clickthrough purchases
  • For a favourable placement on the shopping
    agents recommended lists
  • Recommendation offered may therefore be biased
  • There may be discrepancies between reported and
    listed prices due to commissions
  • Such shopping agents may create the false
    impression that the best deal has been found

14
  • From the vendors perspective
  • Although shopping agents improve their
    visibility, they also put their products next to
    those of competitors
  • To be competitive a vendor may have to reduce its
    profit margins

15
Shopping agents and Web services
  • Web services can be used as gateways to the
    vendors web sites
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