Estimating the Supply and Demand Balance of the Market by exploring the Gross Profit Transition in E-commerce business. | Zendy

Tatsuya Ogura | Zendy; Kazuhiko Tsuda | Zendy

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Estimating the Supply and Demand Balance of the Market by exploring the Gross Profit Transition in E-commerce business.

Author(s) -

Tatsuya Ogura,

Kazuhiko Tsuda

Publication year - 2019

Publication title -

procedia computer science

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.334

H-Index - 76

ISSN - 1877-0509

DOI - 10.1016/j.procs.2019.09.304

Subject(s) - profit (economics) , supply and demand , gross profit , balance (ability) , profit rate , computer science , industrial organization , microeconomics , economics , medicine , physical medicine and rehabilitation

Product price generally tends to decline as time proceeds. However, in E-commerce business (hereafter called “EC”) it sometimes increases influenced by supply and demand conditions; therefore, it is difficult to predict the future price. On the other hand, profit rate does not grossly fluctuate among companies running the same business. Focusing on this point, this study analyzes the tendencies of gross profit using the actual purchase and selling data of a certain EC operator, and also explores for the possibility of estimating the supply and demand of the market by using these tendencies.

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