Showing posts with label Machine Learning. Show all posts
Showing posts with label Machine Learning. Show all posts

Predicting Mobile-Commerce Adoption from Past Browsing and Shopping Behaviors at e-Commerce


In our second study on mobile commerce, we came up with a way to target customers who are more likely to adopt mobile commerce based on their past browsing and purchasing behaviors at the e-commerce site. Summarized below are key findings from this work.

In this study, we predict mobile channel adoptions of e-marketplace users with their browsing and purchasing behaviors at the e-marketplace before its addition of the mobile channel. Analyzing a data-set from a large e-marketplace in South Korea that introduced mobile channel to its existing online channel reveals that access and search behaviors before the mobile channel addition could be good predictors for the mobile channel adoption. Specifically, order time dispersion (behavioral proxies of needs for anytime access) is negatively related to the time to adopt the mobile channel, whereas the ratio of orders followed by keyword or category search, the mean number of product classes per order, and the mean display ranks of orders (behavioral proxies of needs for active search, search breadth and search depth, respectively) are positively related to. In addition to access and search behaviors, we considered information privacy related behaviors, transaction risk related behaviors, assurance seeking behaviors, and order preferences on time, day, and product categories. Our findings shed new lights on the adoption research stream by demonstrating a prediction of a new IT adoption of individuals based on their past behaviors. We also contribute to the emerging literature on mobile commerce by identifying significant predictors for the mobile channel adoption. Finally, we provide a scoring heuristics, which can be applied to target potential mobile channel adopters without estimating the proposed model. 

*Joint work with Yongsok Bang, Kunsoo Han, and Animesh Animesh; Under review at Management Science 

Creating Web Apps based on Data Science and Machine Learning

Prof. Sungjoon Nam (SUNY Korea) created online stat/marketing research tools for undergraduate education and marketing research companies. This can be an alternative for SPSS, especially with survey analytics. Shown below is a link.

www.numberanalytics.com

In addition, Prof. Vincent Nijs (University of California, San Diego) created business analytics based on R and Shiny. Shown below are YouTube demo and GitHub link. 

Introducing Radiant - YouTube



With Dash, Plotly, and Streamlit in Python, it is now quite straightforward to make web apps based on your data science and machine learning efforts. 

Python Data Science Cheat Sheet

Practical Data Science: Promotion Effectiveness and Promotion Planning—Part 3

6-Step Process | Step 2 — Prepare Modeling Dataset (1/2) Photo by  Aexander Sinn  on  Unsplash Welcome back to a series of articles on promo...