TY - GEN
T1 - Bundling Strategy Through Text Mining Tools
AU - Rodriguez, Miguel
AU - Trujillo, Carlos
AU - Rojas, Jonatán
AU - Huaman, Alessandro
AU - Flores, Luigi
AU - Caballero, Andrea
AU - Mendoza, Adrian
N1 - Publisher Copyright:
© 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.
PY - 2022
Y1 - 2022
N2 - Nowadays, there is a growing tendency to order food through apps for delivery, which are based on a free market system in which sporadic jobs are obtained and known as “gig economy” [1]. In Peru, the growth of that market was at a rate of 30% in 2019 [2] and, currently, these platforms have about 14,000 registered dealers with more than 1600 associated stores and an average of 20 daily orders served by each distributor [3]. This research seeks to improve the revenue of a food delivery company, by stimulating targeted partnerships with local businesses. A text mining analysis and a bag-of-words model were developed to get a bundling strategy that helps encourage consumers to purchase this combination, selecting those that have the biggest lift.
AB - Nowadays, there is a growing tendency to order food through apps for delivery, which are based on a free market system in which sporadic jobs are obtained and known as “gig economy” [1]. In Peru, the growth of that market was at a rate of 30% in 2019 [2] and, currently, these platforms have about 14,000 registered dealers with more than 1600 associated stores and an average of 20 daily orders served by each distributor [3]. This research seeks to improve the revenue of a food delivery company, by stimulating targeted partnerships with local businesses. A text mining analysis and a bag-of-words model were developed to get a bundling strategy that helps encourage consumers to purchase this combination, selecting those that have the biggest lift.
KW - Bag-of-words model
KW - Bundling strategy
KW - Food delivery applications
KW - Text mining
KW - Turnover increase
UR - http://www.scopus.com/inward/record.url?scp=85140715547&partnerID=8YFLogxK
U2 - 10.1007/978-3-031-06862-1_37
DO - 10.1007/978-3-031-06862-1_37
M3 - Conference contribution
AN - SCOPUS:85140715547
SN - 9783031068614
T3 - Springer Proceedings in Mathematics and Statistics
SP - 491
EP - 499
BT - Production and Operations Management - POMS 2021
A2 - Vargas Florez, Jorge
A2 - de Brito Junior, Irineu
A2 - Leiras, Adriana
A2 - Paz Collado, Sandro Alberto
A2 - González Alvarez, Miguel Domingo
A2 - González-Calderón, Carlos Alberto
A2 - Villa Betancur, Sebastian
A2 - Rodríguez, Michelle
A2 - Ramirez-Rios, Diana
PB - Springer
T2 - International Conference on Production and Operations Management, POMS 2021
Y2 - 2 December 2021 through 4 December 2021
ER -