Publication Type
Conference Proceeding Article
Version
publishedVersion
Publication Date
7-2016
Abstract
If you were to open your own cafe, would you not want to effortlessly identify the most suitable location to set up your shop? Choosing an optimal physical location is a critical decision for numerous businesses, as many factors contribute to the final choice of the location. In this paper, we seek to address the issue by investigating the use of publicly available Facebook Pages data-which include user "check-ins", types of business, and business locations-to evaluate a user-selected physical location with respect to a type of business. Using a dataset of 20,877 food businesses in Singapore, we conduct analysis of several key factors including business categories, locations, and neighboring businesses. From these factors, we extract a set of relevant features and develop a robust predictive model to estimate the popularity of a business location. Our experiments have shown that the popularity of neighboring business contributes the key features to perform accurate prediction. We finally illustrate the practical usage of our proposed approach via an interactive web application system.
Keywords
Location analytics, Facebook, feature extraction, machine learning
Discipline
Computer Sciences | Databases and Information Systems | Numerical Analysis and Scientific Computing
Research Areas
Data Science and Engineering
Publication
HT '16: Proceedings of the 27th ACM Conference on Hypertext and Social Media: Halifax, Canada, July 10-13
First Page
93
Last Page
102
ISBN
9781450342476
Identifier
10.1145/2914586.2914588
Publisher
ACM
City or Country
New York
Citation
LIN, Jovian; OENTARYO, Richard; Ee-peng LIM; VU, Casey; VU, Adrian; and Kwee, Agus.
Where is the goldmine? Finding promising business locations through Facebook data analytics. (2016). HT '16: Proceedings of the 27th ACM Conference on Hypertext and Social Media: Halifax, Canada, July 10-13. 93-102.
Available at: https://ink.library.smu.edu.sg/sis_research/3452
Copyright Owner and License
LARC
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1145/2914586.2914588
Included in
Databases and Information Systems Commons, Numerical Analysis and Scientific Computing Commons