Market simulation system
A technology for simulating systems and markets, applied in market forecasting, marketing, etc., can solve expensive and time-consuming problems, and achieve the effect of helping product marketing
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[0058] like figure 1 As shown, the market simulation system of this embodiment includes: scaling willingness to pay node 1 . The scaling willingness to pay (WTP) node is designed to scale the input willingness to pay (WTP) matrix by a fixed amount or until a target market share is reached, and then obtain product-level customer distributions. The captured customer distribution can be used to study the impact of advertising campaigns. For example, marketing activities can increase the willingness to pay of all products in the market according to their base amount, then can increase the willingness to pay of the target brand, and finally increase the willingness to pay of the target product itself. Scaling willingness to pay nodes can be cascaded one after the other to simulate this market-to-brand-to-product effect.
[0059] Scaling all products in the willingness to pay matrix can be used to set the baseline number of "no sales" customers. For example, scaling the willingne...
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