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Product finder

Product finder is a science topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand Product finder rather than just read about it. In short: Product finders are information systems that help consumers to identify products within a large palette of similar alternative products. Product finders differ in complexity, the more complex among them being a special case of decision support systems.

Key takeaways

  • Product finder belongs to science; place it in that map before memorising details.
  • Learn the definition first, then one example that makes the definition concrete.
  • Connect Product finder to a quantity you can measure, compute or draw — that is where exam questions come from.
  • Reproduce the core statement of Product finder from memory before moving on to harder problems.

Reference excerpt

Product finders are information systems that help consumers to identify products within a large palette of similar alternative products. Product finders differ in complexity, the more complex among them being a special case of decision support systems. Conventional decision support systems, however, aim at specialized user groups, e.g. marketing managers, whereas product finders focus on consumers.

Area of application Usually, product finders are part of an e-shop or an online presentation of a product-line. Being part of an e-shop, a product finder ideally leads to an online buy, while conventional distribution channels are involved in product finders that are part of an online presentation (e.g. shops, order by phone). Product finders are best suited for product groups whose individual products are comparable by specific criteria. This is true, in most cases, with technical products such as notebooks: their features (e.g. clock rate, size of harddisk, price, screen size) may influence the consumer's decision. Beside technical products such as notebooks, cars, dish washers, cell phones or GPS devices, non-technical products such as wine, socks, toothbrushes or nails may be supported by product finders as well, as comparison by features takes place. On the other hand, the application of product finders is limited when it comes to individualized products such as books, jewelry or compact discs as consumers do not select such products along specific, comparable features. Furthermore, product finders are used not only for products sensu stricto, but for services as well, e.g. account types of a bank, health insurance, or communication providers. In these cases, the term service finder is used sometimes. Product finders are used both by manufacturers, dealers (comprising several manufacturers), and web portals (comprising several dealers). There is a move to integrate Product finders with social networking and group buying allowing users to add and rate products, locations and purchase recommended products with others.

Technical implementation Technical implementations differ in their benefit for the consumers. The following list displays the main approaches, from simple ones to more complex ones, each with a typical example:

… excerpt ends here. Continue reading the full article.

Worked examples

Example 1 — a first encounter with Product finder

Start with the simplest possible case. Write down what Product finder claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In science, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to Product finder before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about Product finder ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of Product finder

In research
Product finder appears in science research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry
Engineering practice reuses Product finder in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom
Product finder is common in secondary-school and first-year university syllabi. It links to neighbouring topics E-commerce, so understanding it makes those chapters shorter.
In everyday life
Look for Product finder outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.
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How to study Product finder in 20 minutes

  1. Read the reference excerpt below once, without taking notes.
  2. Close the page and write down what Product finder means in your own words.
  3. Compare your version with the excerpt and mark what you missed.
  4. Work through the three examples above with pen and paper.
  5. Explain Product finder out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is Product finder in simple terms?

Product finders are information systems that help consumers to identify products within a large palette of similar alternative products. Product finders differ in complexity, the more complex among them being a special case of decision support systems.

Why does Product finder matter?

Because it connects several science ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study Product finder?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on Product finder.

Tags

  • E-commerce

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