IEEE Access (Jan 2023)

Research on Multi-Characteristic Enterprise Product Intelligent Pricing Method Based on GSADF-TOPSIS-BP Model

  • Hongwei Li,
  • Mingxin Ji,
  • Zhiwu Dou,
  • Chunsheng Zhang,
  • Xuemin Li

DOI
https://doi.org/10.1109/ACCESS.2023.3241239
Journal volume & issue
Vol. 11
pp. 11570 – 11586

Abstract

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Enterprise product shows many characteristics, thus, pricing is an essential strategy of an enterprise, but the multi-characteristic enterprise product pricing method does not adapt to the dynamic and changeable market demand. As a method of artificial intelligence, the prediction ability of BP (Back ProPagation Network) has been questioned and challenged. Therefore, this article established a multi-characteristic intelligent pricing method research system for an enterprise products, through GSADF (Generalized Sup ADF Statistic) model, measured the price bubble of enterprise products; TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) method, established the multi-characteristic enterprise product price impact factor index system and sort the weight, clarify the weight of price impact factor; Further, built GSADF-TOPSIS-BP model as an intelligent pricing method model and make the final pricing based on the price bubble risk level and risk alert, the multi-characteristic enterprise product intelligent pricing method is determined. It reflects the intelligence and superiority compared with the traditional pricing method model, and provides new ideas and methods for multi-characteristic enterprise product pricing.

Keywords