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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

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    10201 - Computer sciences, information science, bioinformathics (hardware development to be 2.2, social aspect to be 5.8)

Result continuities

  • Project

  • 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