Matches in SemOpenAlex for { <https://semopenalex.org/work/W3155660479> ?p ?o ?g. }
Showing items 1 to 73 of
73
with 100 items per page.
- W3155660479 abstract "Recommendation systems are critical tools for online retailers in their pursuit of enhanced operational performance and improved shopper experience. As such, firms invest heavily to improve their algorithms. Notwithstanding these efforts, there is usually a serious omission of demand-timing element in prevalent online recommendation systems. As a result, recommendations are often presented out of synchronization with the next demand cycle, leading to squandered marketing opportunities and customer dissatisfaction. In this research, we propose a novel demand-driven recommendation system that factors in predicted demand timing. The core of our novel design consists of a predictive model that forecasts product-level repurchase cycles for the online retail environment. We propose a new approach to incorporate the predicted repurchase cycles into three key recommendation generating stages: (i) textit{retrieval}, (ii) textit{ranking}, and (iii) textit{re-ranking}. Using large-scale online experiments, we demonstrate that this novel demand-driven approach outperforms the prevalent recency-based recommendation system in two of the three stages, resulting in higher recommendation click value rate (CVR), higher revenue per mille (RPM), and improved customer satisfaction. Our study contributes to the growing literature on recommendation system design in general and recommendation timing research in particular. Further, our predictive model of the product-level repurchase cycle is novel for the online retail environment and can serve as the basis for improvements and planning of many business decisions. Our research findings are actionable and impactful to online retailers in their pursuits of revenue growth via efficient recommendation-system design. Due to its proven effectiveness, our recommendation system has been implemented by a large online retailer in its commercial platform." @default.
- W3155660479 created "2021-04-26" @default.
- W3155660479 creator A5009884211 @default.
- W3155660479 creator A5015891056 @default.
- W3155660479 creator A5020635939 @default.
- W3155660479 creator A5068724396 @default.
- W3155660479 creator A5077777059 @default.
- W3155660479 date "2021-01-08" @default.
- W3155660479 modified "2023-09-23" @default.
- W3155660479 title "People Do Not Know What They Want Until You Show it to Them. But When" @default.
- W3155660479 hasPublicationYear "2021" @default.
- W3155660479 type Work @default.
- W3155660479 sameAs 3155660479 @default.
- W3155660479 citedByCount "0" @default.
- W3155660479 crossrefType "posted-content" @default.
- W3155660479 hasAuthorship W3155660479A5009884211 @default.
- W3155660479 hasAuthorship W3155660479A5015891056 @default.
- W3155660479 hasAuthorship W3155660479A5020635939 @default.
- W3155660479 hasAuthorship W3155660479A5068724396 @default.
- W3155660479 hasAuthorship W3155660479A5077777059 @default.
- W3155660479 hasConcept C121955636 @default.
- W3155660479 hasConcept C136764020 @default.
- W3155660479 hasConcept C144133560 @default.
- W3155660479 hasConcept C162853370 @default.
- W3155660479 hasConcept C189430467 @default.
- W3155660479 hasConcept C195487862 @default.
- W3155660479 hasConcept C23123220 @default.
- W3155660479 hasConcept C2524010 @default.
- W3155660479 hasConcept C26517878 @default.
- W3155660479 hasConcept C33923547 @default.
- W3155660479 hasConcept C38652104 @default.
- W3155660479 hasConcept C41008148 @default.
- W3155660479 hasConcept C557471498 @default.
- W3155660479 hasConcept C90673727 @default.
- W3155660479 hasConceptScore W3155660479C121955636 @default.
- W3155660479 hasConceptScore W3155660479C136764020 @default.
- W3155660479 hasConceptScore W3155660479C144133560 @default.
- W3155660479 hasConceptScore W3155660479C162853370 @default.
- W3155660479 hasConceptScore W3155660479C189430467 @default.
- W3155660479 hasConceptScore W3155660479C195487862 @default.
- W3155660479 hasConceptScore W3155660479C23123220 @default.
- W3155660479 hasConceptScore W3155660479C2524010 @default.
- W3155660479 hasConceptScore W3155660479C26517878 @default.
- W3155660479 hasConceptScore W3155660479C33923547 @default.
- W3155660479 hasConceptScore W3155660479C38652104 @default.
- W3155660479 hasConceptScore W3155660479C41008148 @default.
- W3155660479 hasConceptScore W3155660479C557471498 @default.
- W3155660479 hasConceptScore W3155660479C90673727 @default.
- W3155660479 hasOpenAccess W3155660479 @default.
- W3155660479 hasRelatedWork W1922826584 @default.
- W3155660479 hasRelatedWork W2017360334 @default.
- W3155660479 hasRelatedWork W2050599922 @default.
- W3155660479 hasRelatedWork W2426018967 @default.
- W3155660479 hasRelatedWork W2528683640 @default.
- W3155660479 hasRelatedWork W2570605681 @default.
- W3155660479 hasRelatedWork W2744433570 @default.
- W3155660479 hasRelatedWork W2809691208 @default.
- W3155660479 hasRelatedWork W2810239371 @default.
- W3155660479 hasRelatedWork W2868558697 @default.
- W3155660479 hasRelatedWork W2890317725 @default.
- W3155660479 hasRelatedWork W2950852227 @default.
- W3155660479 hasRelatedWork W2983281685 @default.
- W3155660479 hasRelatedWork W3000661174 @default.
- W3155660479 hasRelatedWork W3048193857 @default.
- W3155660479 hasRelatedWork W3090427316 @default.
- W3155660479 hasRelatedWork W3136500219 @default.
- W3155660479 hasRelatedWork W3202428131 @default.
- W3155660479 hasRelatedWork W3207898116 @default.
- W3155660479 hasRelatedWork W3209665543 @default.
- W3155660479 isParatext "false" @default.
- W3155660479 isRetracted "false" @default.
- W3155660479 magId "3155660479" @default.
- W3155660479 workType "article" @default.