DOI QR코드

DOI QR Code

Smart Store in Smart City: The Development of Smart Trade Area Analysis System Based on Consumer Sentiments

Smart Store in Smart City: 소비자 감성기반 상권분석 시스템 개발

  • Yoo, In-Jin (Graduate School of Business IT, Kookmin University) ;
  • Seo, Bong-Goon (Graduate School of Business IT, Kookmin University) ;
  • Park, Do-Hyung (College of Business Administration / Graduate School of Business IT, Kookmin University)
  • 유인진 (국민대학교 비즈니스 IT 전문대학원) ;
  • 서봉군 (국민대학교 비즈니스 IT 전문대학원) ;
  • 박도형 (국민대학교 경영대학/비즈니스 IT 전문대학원)
  • Received : 2017.07.21
  • Accepted : 2017.09.05
  • Published : 2018.03.31

Abstract

This study performs social network analysis based on consumer sentiment related to a location in Seoul using data reflecting consumers' web search activities and emotional evaluations associated with commerce. The study focuses on large commercial districts in Seoul. In addition, to consider their various aspects, social network indexes were combined with the trading area's public data to verify factors affecting the area's sales. According to R square's change, We can see that the model has a little high R square value even though it includes only the district's public data represented by static data. However, the present study confirmed that the R square of the model combined with the network index derived from the social network analysis was even improved much more. A regression analysis of the trading area's public data showed that the five factors of 'number of market district,' 'residential area per person,' 'satisfaction of residential environment,' 'rate of change of trade,' and 'survival rate over 3 years' among twenty two variables. The study confirmed a significant influence on the sales of the trading area. According to the results, 'residential area per person' has the highest standardized beta value. Therefore, 'residential area per person' has the strongest influence on commercial sales. In addition, 'residential area per person,' 'number of market district,' and 'survival rate over 3 years' were found to have positive effects on the sales of all trading area. Thus, as the number of market districts in the trading area increases, residential area per person increases, and as the survival rate over 3 years of each store in the trading area increases, sales increase. On the other hand, 'satisfaction of residential environment' and 'rate of change of trade' were found to have a negative effect on sales. In the case of 'satisfaction of residential environment,' sales increase when the satisfaction level is low. Therefore, as consumer dissatisfaction with the residential environment increases, sales increase. The 'rate of change of trade' shows that sales increase with the decreasing acceleration of transaction frequency. According to the social network analysis, of the 25 regional trading areas in Seoul, Yangcheon-gu has the highest degree of connection. In other words, it has common sentiments with many other trading areas. On the other hand, Nowon-gu and Jungrang-gu have the lowest degree of connection. In other words, they have relatively distinct sentiments from other trading areas. The social network indexes used in the combination model are 'density of ego network,' 'degree centrality,' 'closeness centrality,' 'betweenness centrality,' and 'eigenvector centrality.' The combined model analysis confirmed that the degree centrality and eigenvector centrality of the social network index have a significant influence on sales and the highest influence in the model. 'Degree centrality' has a negative effect on the sales of the districts. This implies that sales decrease when holding various sentiments of other trading area, which conflicts with general social myths. However, this result can be interpreted to mean that if a trading area has low 'degree centrality,' it delivers unique and special sentiments to consumers. The findings of this study can also be interpreted to mean that sales can be increased if the trading area increases consumer recognition by forming a unique sentiment and city atmosphere that distinguish it from other trading areas. On the other hand, 'eigenvector centrality' has the greatest effect on sales in the combined model. In addition, the results confirmed a positive effect on sales. This finding shows that sales increase when a trading area is connected to others with stronger centrality than when it has common sentiments with others. This study can be used as an empirical basis for establishing and implementing a city and trading area strategy plan considering consumers' desired sentiments. In addition, we expect to provide entrepreneurs and potential entrepreneurs entering the trading area with sentiments possessed by those in the trading area and directions into the trading area considering the district-sentiment structure.

본 연구는 소비자들이 상권에 대하여 수행하는 웹 탐색 활동과 감성평가를 반영하는 데이터인 지역구 연관감성어휘를 기반으로 서울시 내 대형 상업 공간으로 정의할 수 있는 각 지역구 간의 연관 감성 네트워크에 대하여 소셜 네트워크 분석을 수행하였다. 나아가 도출한 소셜 네트워크 지표를 지역구 공공 데이터와 결합하여 보다 다각적 측면을 고려한 지역구 상권의 매출액에 영향을 미치는 요인들을 검증하였고 그 영향력의 변화 또한 확인해 보았다. 정적 데이터로 표현되는 공공 데이터만을 통해 구성된 모형으로도 높은 설명력을 가지는 것을 확인할 수 있었으나, 소셜 네트워크 분석 결과로 도출된 네트워크 지표와 결합된 모형에서는 그 설명력이 더욱 향상된 것이 확인되었다. 공공 데이터에 대한 회귀 분석 결과, 투입된 22개의 요인들 중 '골목 상권 수,' '1인당 거주면적,' '주거환경만족도,' '거래증감률,' '3년 이상 생존율'의 5개의 요인이 지역구 상권 매출액에 유의한 영향을 미치는 것이 확인되었다. 이후 공공 데이터와 네트워크 지표 결합 모형에서 투입된 지표들은 '에고 네트워크의 밀도,' '연결 중심성,' '근접 중심성,' '매개 중심성,' '아이겐벡터 중심성'이며, 이 중 '연결 중심성'과 '아이겐벡터 중심성'이 매출액에 유의한 영향을 미치며 모형 내에서 가장 높은 영향력을 보유한 것이 확인되었다. 본 연구는 각 상권이 소비자가 원하는 감성을 고려한 도시 전략 계획 수립과 이행의 실증적 근거로 활용될 수 있을 것이며, 상권에 진입하거나 재창업하는 자영업자나 잠재 창업자를 바탕으로 지역구 상권이 보유한 감성과 그 관계 구조를 고려한 상권 진입 방향성을 제공할 수 있을 것이다.

Keywords

References

  1. Ahn, K. H. and S. I. Chai, "An Empirical Study on Store Selection Behavior Using Multinomial Logit Model," Management Research, Vol.22, No.2(1993), 101-120.
  2. Ambrosetti, F., "Smart Cities in Italy: an opportunity in the spirit of the renaissance for a new quality of life," ABB-The European House Ambrosetti, 2012.
  3. Auci, S. and L. Mundula, "Smart cities and a stochastic frontier analysis: A comparison among European cities," Mimeo, 2012.
  4. Bang, K. S. and B. K. Park, General Principles of Real Estate, Buyeon-Sa, Seoul, 2011.
  5. Choi, J. H. and H. D. Yoon, "A Study on the Establishment of a Policy Process Model for the Revitalization of Commercial Markets in Central Urban Areas," Distribution Research, Vol.12, No.5(2007), 105-124.
  6. Choi, Y. N. and E. C. Jeong, "A Study on the Effects of Location Factors on the Performance of Convenience Stores: Focusing on the western part of the metropolitan area," Real Estate and Urban Studies, Vol.5, No.1(2012), 81-95.
  7. Choi, Y. and D.-H. Park, "Development of Youke Mining System with Youke's Travel Demand and Insight Based on Web Search Traffic Information," Journal of Intelligence and Information Systems, Vol.23, No. 3(2017), 155-175. https://doi.org/10.13088/JIIS.2017.23.3.155
  8. Clark, W. A. and G. Rushton, "Models of Intra Urban Consumer Behavior and Their Implications for Central Place Theory," Economic Geography, Vol.46, No.3(1970), 486-497. https://doi.org/10.2307/143384
  9. Cosgrave, E. and T. Tryfonas, "Exploring the relationship between smart city policy and implementation," The First International Conference on Smart Systems, Devices and Technologies, 2012, 79-82.
  10. Giffinger, R., C. Fertner, H. Kramar, R. Kalasek, N. Pichler-Milanovic and E. Meijers, "Smart Cities: Ranking of European Medium-Sized Cities," Vienna University of Technology, Vienna, 2007.
  11. Giffinger, R., G. Haindlmaier and H. Kramar, "The role of rankings in growing city competition," Urban Research & Practice, Vol.3, No.3(2010), 299-312. https://doi.org/10.1080/17535069.2010.524420
  12. Grapentine, T. H. and D. A. Weaver, "What really affects behavior," Marketing Research, No.12(2009), 13-17.
  13. Hall, R. E., B. Bowerman, J. Braverman, J. Taylor, H. Todosow and U. Von Wimmersperg, "The vision of a smart city," Brookhaven National Lab, NY, 2000.
  14. Hodgkinson, S., "Is your city smart enough? Digitally enabled cities and societies will enhance economic, social, and environmental sustainability in the urban century," OVUM report, 2011.
  15. Huff, D. L., "Defining and Estimating a Trade Area," Journal of Marketing, American Marketing Association, Vol.28, No.3(1967), 34-38.
  16. Jeong, D. S. and H. B. Kim, "Analysis of Distribution of Sales by Business Type and Factors Affecting Sales," Journal of GRI Research, Vol.16, No.2(2014), 101-122.
  17. Jun, S.-P., D. Choi, H.-W. Park, B.-G. Seo and D.-H. Park, "Development of Systematic Process for Estimating Commercialization Duration and Cost of R&D Performance," Journal of Intelligence and Information Systems, Vol.23, No. 2(2017), 139-160. https://doi.org/10.13088/jiis.2017.23.2.139
  18. Jun, S.-P. and D.-H. Park, "Intelligent Brand Positioning Visualization System Based on Web Search Traffic Information: Focusing on Tablet PC," Journal of Intelligence and Information Systems, Vol.19, No. 3(2013), 93-111. https://doi.org/10.13088/jiis.2013.19.3.093
  19. Jun, S.-P. and D.-H. Park, "Consumer Information Search Behavior and Purchasing Decisions: Empirical Evidence from Korea," Technological Forecasting and Social Change, Vol.107(2016), 97-111. https://doi.org/10.1016/j.techfore.2016.03.021
  20. Jun, S.-P. and D.-H. Park, "Visualization of Brand Positioning Based on Consumer Web Search Information: Using Social Network Analysis," Internet Research, Vol.27, No. 2(2017), 381-407. https://doi.org/10.1108/IntR-02-2016-0037
  21. Jun, S.-P. D.-H. Park and J. Yeom, "The Possibility of Using Search Traffic Information to Explore Consumer Product Attitudes and Forecast Consumer Preference," Technological Forecasting and Social Change, Vol.86(2014), 237-253. https://doi.org/10.1016/j.techfore.2013.10.021
  22. Kang, C. G., E. Y. Choi and J. H. Lee, "The relationship between corporate governance and corporate performance in a large-scale enterprise group: a comparison between a privatized public enterprise group and a chae-bol enterprise group," Industrial Economics Research, Vol.21, No.3(2008), 1011-1040.
  23. Kang, T. and D.-H. Park, "The Effect of Expert Reviews on Consumer Product Evaluations: A Text Mining Approach," Journal of Intelligence and Information Systems, Vol.22, No. 1(2016), 63-82. https://doi.org/10.13088/jiis.2016.22.1.063
  24. Kim, B., Y. Choi and D.-H. Park, "Investment Model Development Based on Web-search Traffic Information: Focusing on KOSPI Index," Entrue Journal of Information Technology, Vol.14, No. 3(2015), 63-81.
  25. Kim, H. G., D. I. Kim and C. H. Kim, "The Effect of Customer Composition and Industry Structure on the Activation of Commercial Sectors in Regional Commercial Sector," Proceedings of the Korean Distribution Society Conference, (2011), 71-76.
  26. Kim, H. J, "Analysis of the Effect of Ownership Structure on Corporate Performance: Focusing on the Ownership Structure of the Government Parent Group," Korea Economic Research Institute, (2006).
  27. Kim, Y. J., Y. K. Ooh and J. Hoi, "A Study on the Influence of Body Movement on Space Construction," Korean Institute of Interior Design Journal, Vol.18, No.6(2009), 124-132.
  28. Kwahk, K.-Y. and D.-H. Park, "The Effects of Network Sharing on Knowledge-sharing Activities and Job Performance in Enterprise Social Media Environments," Computers in Human Behavior, Vol.55(2016), 826-839. https://doi.org/10.1016/j.chb.2015.09.044
  29. Lalonde, B. J., Differentials in supermarket drawing power, 1962.
  30. Lee, D., T. Kang and D.-H. Park, "The Research on PC-based Versus Mobile Device-based Shopping Behavior Depending on Consumer Purchase Decision Process: Focusing on Task-Technology Fit Theory," Entrue Journal of Information Technology, Vol.13, No. 3(2014), 107-122.
  31. Lee, H. K. and J. R. Cho, "A Study on the Behavioral Analysis of Shopping Passes Using Nestled Logit Model," Journal of Korean Society of Transportation, Vol.7, No.1(1989), 1019-1034.
  32. Lee, I. D., C. H. Lee and S. M. Kang, "An Empirical Study on Locational Factors Affecting Convenience Store Sales," Real Estate Studies, Vol.16, No.4(2010), 53-77.
  33. Lee, Y. S., H. S. Park and H. Y. Seung, "An Analysis of Location Factors Affecting Sales on the Campus," Seoul Urban Studies, Vol.15, No.1(2014), 17-34.
  34. Malek, J. A., "Informative global community development index of informative smart city," In Proceedings of the 8th WSEAS International Conference on Education and Educational Technology, 2009.
  35. Mulligan, C. E. and M. Olsson, "Architectural implications of smart city business models: An evolutionary perspective," IEEE Communications Magazine, Vol.51, No.6 (2013), 80-85. https://doi.org/10.1109/MCOM.2013.6525599
  36. Ooh D. H. and H. Bae, "Foster IT convergence industry by building smart city," Busan Development Institute, No.175(2012), 1-12.
  37. Ooh, S. J., D. U. Kim and B. H. Son, "A Study on the Determinants of Sales of Small and Medium-sized Franchise Stores," Korea Management Association Integrated Conference, (2016), 2168-2179.
  38. Ooh, T. S, Comparison of Korean and American journalists' occupational consciousness, Korea Press Researcher, Seoul, 1993.
  39. Park, D.-H., "The Development of Travel Demand Nowcasting Model Based on Travelers' Attention: Focusing on Web Search Traffic Information," The Journal of Information Systems, Vol.26, No.3(2017a), 171-185. https://doi.org/10.5859/KAIS.2017.26.1.171
  40. Park, D.-H., "Virtuality as a Psychological Distance: The Strategy for Advertisement Message Appeal Depending on Virtuality," Journal of Information Technology Applications & Management, Vol.24, No.2 (2017b), 39-54.
  41. Park, D.-H., "Virtuality as a Psychological Distance and Temporal Distance: Focusing on the Effect of Product Information Type on Product Attitude," Knowledge Management Research, Vol.18, No.3 (2017c), 163-178.
  42. Park, D.-H. and S. Kim, "The Effects of Consumer Knowledge on Message Processing of Electronic Word-of-mouth via Online Consumer Reviews," Electronic Commerce Research and Applications, Vol.7, No.4(2008), 399-410. https://doi.org/10.1016/j.elerap.2007.12.001
  43. Park, D.-H. and J. Lee, "eWOM Overload and its Effect on Consumer Behavioral Intention Depending on Consumer Involvement," Electronic Commerce Research and Applications, Vol.7, No.4(2008), 386-398. https://doi.org/10.1016/j.elerap.2007.11.004
  44. Park, D.-H., J. Lee and I. Han, "The Effect of On-line Consumer Reviews on Consumer Purchasing Intention: The Moderating Role of Involvement," International Journal of Electronic Commerce, Vol.11, No.4(2007), 125-148. https://doi.org/10.2753/JEC1086-4415110405
  45. Park, S.-B. and D.H. Park, "The Effect of Lowversus High-variance in Product Reviews on Product Evaluation," Psychology & Marketing, Vol.30, No.7(2013), 543-554. https://doi.org/10.1002/mar.20626
  46. Park, J. K. and B. K. Park, Small Businesses Founding and Management Practice, Doo-nam, Seoul, 2005.
  47. Peterson, R. A., "Trade Area Analysis Using Trend Surface Mapping," Journal of Marketing Research, Vol.11, No.3(1974), 338-342. https://doi.org/10.2307/3151157
  48. Seo, B.-G. and D.-H. Park, "Development on Early Warning System about Technology Leakage of Small and Medium Enterprises," Journal of Intelligence and Information Systems, Vol.23, No.1(2017), 143-159. https://doi.org/10.13088/jiis.2017.23.1.143
  49. Seo, J. E. and S. S. Lee, "Comparative Study on Finishing Material Expression Method Based on Spatial Image and Emotional Vocabulary," Korean Institute of Interior Design Journal, Vol.21, No.3(2012), 111-118.
  50. Theodore paul de kim, Ville Clinique, Window of Generation, Korea, 2011.
  51. Tranos, E. and D. Gertner, "Smart networked cities?," The European Journal of Social Science Research, Vol.25, No.2(2012), 175-190. https://doi.org/10.1080/13511610.2012.660327
  52. Washburn, D., U. Sindhu, S. Balaouras, R. A. Dines, N. Hayes and L. E. Nelson, "Helping CIOs understand "smart city" initiatives," Growth, Vol.17, No.2(2009), 1-17.
  53. Yoon, D. S., K. H. Kim and K. S. Kim, "A Study on the Choice Behavior of Shopping Destination and Transportation," National Plan, Vol.31, No.5(1996), 253-267.

Cited by

  1. 웹툰 콘텐츠 추천을 위한 소비자 감성 패턴 맵 개발 vol.25, pp.4, 2018, https://doi.org/10.13088/jiis.2019.25.4.067
  2. 각인각색, 각봇각색: ABOT 속성과 소비자 감성 기반 소셜로봇 디자인평가 모형 개발 vol.27, pp.2, 2018, https://doi.org/10.13088/jiis.2021.27.2.055