Calculating the optimal price of products in an online store
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F17%3A50013647" target="_blank" >RIV/62690094:18450/17:50013647 - isvavai.cz</a>
Result on the web
<a href="https://link.springer.com/chapter/10.1007%2F978-3-319-65515-4_9" target="_blank" >https://link.springer.com/chapter/10.1007%2F978-3-319-65515-4_9</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1007/978-3-319-65515-4_9" target="_blank" >10.1007/978-3-319-65515-4_9</a>
Alternative languages
Result language
angličtina
Original language name
Calculating the optimal price of products in an online store
Original language description
This article focuses on the problem of mass optimisation of the prices in online stores. Each year, the number of online stores in the Czech Republic grows, as well as their turnover and the number of offered products. The original solution which consists of manual adaptations of the products’ prices is nowadays insufficient. Therefore, an application was created, that uses data from multiple sources and on their basis automatically calculates the optimal price of a product. This new solution considerably simplifies and accelerates the calculation of the new prices. Moreover, the automatic calculation has also a positive impact on the quality of the resulting prices due to the fact that no mistakes and typing errors are expected to be made in an automatized solution.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
10201 - Computer sciences, information science, bioinformathics (hardware development to be 2.2, social aspect to be 5.8)
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Springer LNCS
ISBN
978-3-319-65514-7
ISSN
0302-9743
e-ISSN
neuvedeno
Number of pages
11
Pages from-to
104-114
Publisher name
Springer
Place of publication
Cham
Event location
Prague, Czech Republic
Event date
Aug 21, 2017
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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