{"title":"Data Analysis of Online Shopper’s Purchasing Intention Machine Learning for Prediction Analytics","authors":"Andrew Frazier, Fatbardha Maloku, Xinzi Li, Yichun Chen, Yeji Jung, Bahman Zohuri","doi":"10.47363/jesmr/2022(3)162","DOIUrl":null,"url":null,"abstract":"In an era of widespread internet-based commerce, any company with a web-based storefront is looking for ways to improve the customer experience, with the ultimate goal of facilitating purchases. This process can take many forms and use many strategies, but all of them start with one core task. The company must be able to identify who is least likely and most likely to make a purchase. We suggest that with basic web browsing analytics, machine learning with integrated artificial intelligence accompany with deep learning component can provide this capability, and is a viable tool for effective customer segmentation.","PeriodicalId":309331,"journal":{"name":"Journal of Economics & Management Research","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2022-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Economics & Management Research","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.47363/jesmr/2022(3)162","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
In an era of widespread internet-based commerce, any company with a web-based storefront is looking for ways to improve the customer experience, with the ultimate goal of facilitating purchases. This process can take many forms and use many strategies, but all of them start with one core task. The company must be able to identify who is least likely and most likely to make a purchase. We suggest that with basic web browsing analytics, machine learning with integrated artificial intelligence accompany with deep learning component can provide this capability, and is a viable tool for effective customer segmentation.