Abstract
Web sites and online services increasingly engage with users through live chats to provide support, advice, and offers. Such approaches require reliable methods to predict the user’s intent and make an informed decision when and how to intervene during an active session. Prior work on predicting purchase intent involved clickstream data mining and feature construction in an ad-hoc manner with a moderate success (AUC 0.70 range). We demonstrate the use of the consumer Purchase Decision Model (PDM) and a principled way of constructing features predictive of the purchase intent. We show that the Logistic Regression (LR) classifiers, trained with multi-action motifs, perform on par with the state-of-the-art LSTM sequence model achieving comparable AUC (0.95 vs 0.96) and performing better for the sparse purchase sessions, with higher recall (0.85 vs 0.61) and higher F1 score (0.73 vs 0.66). While LSTM performs better than LR in terms of weighted averages of F1, precision, and recall, it requires 7 times longer to train and offers no insights about the predictive model in terms of the user actions and the purchase decision stages. The LR predictors are robust and effective in simulating real-time interventions, achieving F1 of 0.84 and AUC of 0.85 after observing only 50% of an active session. For non-purchase sessions that leaves room for live intervention, on average within 8 actions before the session ends.
| Original language | English |
|---|---|
| Title of host publication | Proceedings - 2019 IEEE/WIC/ACM International Conference on Web Intelligence, WI 2019 |
| Editors | Payam Barnaghi, Georg Gottlob, Yannis Manolopoulos, Theodoros Tzouramanis, Athena Vakali |
| Publisher | Association for Computing Machinery, Inc |
| Pages | 9-17 |
| Number of pages | 9 |
| ISBN (Electronic) | 9781450369343 |
| DOIs | |
| Publication status | Published - 14 Oct 2019 |
| Externally published | Yes |
| Event | 19th IEEE/WIC/ACM International Conference on Web Intelligence, WI 2019 - Thessaloniki, Greece Duration: 13 Oct 2019 → 17 Oct 2019 |
Publication series
| Name | Proceedings - 2019 IEEE/WIC/ACM International Conference on Web Intelligence, WI 2019 |
|---|
Conference
| Conference | 19th IEEE/WIC/ACM International Conference on Web Intelligence, WI 2019 |
|---|---|
| Country/Territory | Greece |
| City | Thessaloniki |
| Period | 13/10/19 → 17/10/19 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 12 Responsible Consumption and Production
Free Keywords
- Action motifs
- Consumer e-purchase
- Purchase sessions
- User behavior
- User modelling
ASJC Scopus subject areas
- Artificial Intelligence
- Computer Networks and Communications
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