Machine Learning Approach for Targeting and Recommending a Product for Project Management
2021
Conventionally, a market research and strategy for a product depends on the interviews and an explicit cluster/society to identify the customer’s needs. Customer-created information (CCI), such as call-center data, online reviews, and social media posts, provides an opportunity to recognize the customer’s needs more efficiently. Moreover, developed conventional approaches are not compatible with large CCI datasets because most of the CCI-contents are repetitive and uninformative. In this paper, a machine learning approach for identifying the customer needs from the CCI dataset is proposed and its performance is evaluated for targeting and recommending a new product for project management. After the identification of the needs of the customer, information can be used to develop a market strategy, new product launching, brand positioning and much more long/short term planning.
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