LLMs Reproduce Human Purchase Intent via Semantic Similarity Elicitation of Likert Ratings
Consumer research costs companies billions annually yet suffers from panel biases and limited scale. Large language models (LLMs) offer an alternative by simulating synthetic consumers, but produce unrealistic response distributions when asked directly for numerical ratings. We present semantic similarity rating (SSR), a method that elicits textual responses from LLMs and maps these to Likert distributions using embedding similarity to reference statements. Testing on an extensive dataset comprising 57 personal care product surveys conducted by a leading corporation in that market (9,300 human responses), SSR achieves 90% of human test–retest reliability while maintaining realistic response distributions (KS similarity > 0.85). Additionally, these synthetic respondents provide rich qualitative feedback explaining their ratings. This framework enables scalable consumer research simulations while preserving traditional survey metrics and interpretability.
Introduction. Established consumer research plays a central role in guiding corporations’ product development decisions [1–3], costing them billions of U.S. dollars globally every year [3]. Before investing in costly production and launch activities, companies routinely evaluate product concepts by surveying representative consumer panels. The most consequential question in such studies typically concerns purchase intent (PI), i.e., the likelihood that a respondent would buy the product if available [4–6]. Standard practice is to elicit purchase intent on a Likert scale, usually ranging from 1 (e.g., “definitely not”) to 5 (e.g., “definitely yes”) [7]. While widely used, this method faces well-known limitations: responses may be distorted by satisficing, acquiescence, and positivity biases, among other factors [8, 9]. Thus, traditional consumer panels often provide noisy measurements of demand, despite the considerable resources invested. Recent advances in LLMs raise the possibility of augmenting or partially replacing human survey panels with synthetic consumers.
Discussion / Conclusion. Our results show that LLM-based synthetic consumers can reproduce core outcomes of traditional consumer concept testing with surprising fidelity. In particular, the semantic similarity rating (SSR) approach yields both realistic distributions of Likert responses and robust product rankings that attain over 90% of the maximum correlation with human data, based on test–retest reliability. These findings suggest that many of the shortcomings of prior attempts at using LLMs as survey respondents—such as skewed distributions, over-positivity, or regression-to-the-mean—are not intrinsic limitations of LLMs, but rather artifacts of how responses were elicited. By shifting from direct elicitation of Likert responses to textual elicitation and SSR, we resolve many of these artifacts and unlock richer, more interpretable data. Importantly, no training data or fine-tuning on consumer responses was required. This makes the method widely applicable and inexpensive compared to training or calibration-heavy alternatives.
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Research framings built by reading the notes related to this paper — the questions it feeds into.
Can synthetic data maintain sufficient diversity to prevent model performance collapse? How do language models organize knowledge across layers and representations? What determines whether language models adopt prompted personas successfully? Can language models objectively evaluate the quality of their own work? Does alignment training suppress what models reveal about themselves? Why do language models produce convincing outputs despite flawed reasoning? How do model confidence signals affect human judgment and error detection? How do LLM judge biases arise and affect evaluation systems? How does training data composition shape what models learn? How do AI systems influence users' political attitudes and decision-making? What employment outcomes follow from task-level AI exposure? Can AI shopping agents serve consumer interests reliably?- How do different AI models weigh price signals versus product description text?
- What conflicts exist between vendor incentives and objective consumer research findings?
- Does stated trust in surveys predict actual delegated purchasing behavior?
- Will merchants deliberately exploit stable position biases to influence agent purchasing?
- Which LLM models consistently win better deals as both buyer and seller?
- Does visible transaction history reduce or increase consumer anxiety about AI purchases?
- Can a merchant-paid agent be loyal to both the merchant and the user?
- Does capability advantage in negotiations persist across different product categories and deal types?
- Does preference articulation cost explain caution about full purchase delegation?
- Does stripping identity cues from shopping dialogue reduce seller inference accuracy?
- Can a buyer agent conceal willingness to pay while still shopping naturally in character?
- How much does removing financial vocabulary from a consumer profile weaken willingness to pay signals?