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- Title
Influence of Car Configurator Webpage Data from Automotive Manufacturers on Car Sales by Means of Correlation and Forecasting.
- Authors
García Sánchez, Juan Manuel; Vilasís Cardona, Xavier; Lerma Martín, Alexandre
- Abstract
A methodology to prove the influence of car configurator webpage data for automotive manufacturers is developed across this research. Firstly, the correlation between online data and sales is measured. Afterward, car variant sales are predicted using a set of forecasting techniques divided into univariate and multivariate ones. Finally, weekly color mix sales based on these techniques are built and compared. Results show that users visit car configurator webpages 1 to 6 months before the purchase date. Additionally, car variants predictions and weekly color mix sales derived from multivariate techniques, i.e., using car configurator data as external input, provide improvement up to 25 points in the assessment metric.
- Subjects
ONLINE data processing; AUTOMOBILE industry; TIME series analysis; ECOLOGY; PEARSON correlation (Statistics)
- Publication
Forecasting, 2022, Vol 4, Issue 3, p634
- ISSN
2571-9394
- Publication type
Article
- DOI
10.3390/forecast4030034