How Do Product Attributes and Reviews Moderate the Impact of Recommender Systems Through Purchase Stages?

Dokyun Lee, K. Hosanagar
{"title":"How Do Product Attributes and Reviews Moderate the Impact of Recommender Systems Through Purchase Stages?","authors":"Dokyun Lee, K. Hosanagar","doi":"10.2139/ssrn.3250189","DOIUrl":null,"url":null,"abstract":"We investigate the moderating effect of product attributes and review ratings on views, conversion|views (conversion conditional on views), and final conversion of a purchase-based collaborative filtering recommender system on an e-commerce site. We run a randomized field experiment on a top retailer with 184,375 users split into a recommender-treated group and a control group. We tag theory-driven attributes of 37,125 unique products via Amazon Mechanical Turk to augment the usual product data (e.g., review ratings, descriptions). By examining the recommender’s impact through different stages—awareness (views), salience (conversion|views), and final conversion—and across product types, we provide nuanced insights. The study confirms that the recommender increases views, conversion|views, and final conversion rates by 15.3%, 21.6%, and 7.5%, respectively, but this lift is moderated by product attributes and review ratings. We find that the lift on product views is greater for utilitarian products compared with hedonic products as well as for experience products compared with search products. In contrast, the lift on conversion|views rate is greater for hedonic products compared with utilitarian products. Furthermore, the lift on views rate is greater for products with higher average review ratings, which suggests that a recommender acts as a complement to review ratings, whereas the opposite is true for conversion|views, where recommender and review ratings are substitutes. Additionally, a recommender’s awareness lift is greater than its saliency impact. We discuss the potential mechanisms behind our results as well as their managerial implications. This paper was accepted by David Simchi-Levi, information systems.","PeriodicalId":23435,"journal":{"name":"UNSW Business School Research Paper Series","volume":"87 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2018-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"39","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"UNSW Business School Research Paper Series","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.3250189","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 39

Abstract

We investigate the moderating effect of product attributes and review ratings on views, conversion|views (conversion conditional on views), and final conversion of a purchase-based collaborative filtering recommender system on an e-commerce site. We run a randomized field experiment on a top retailer with 184,375 users split into a recommender-treated group and a control group. We tag theory-driven attributes of 37,125 unique products via Amazon Mechanical Turk to augment the usual product data (e.g., review ratings, descriptions). By examining the recommender’s impact through different stages—awareness (views), salience (conversion|views), and final conversion—and across product types, we provide nuanced insights. The study confirms that the recommender increases views, conversion|views, and final conversion rates by 15.3%, 21.6%, and 7.5%, respectively, but this lift is moderated by product attributes and review ratings. We find that the lift on product views is greater for utilitarian products compared with hedonic products as well as for experience products compared with search products. In contrast, the lift on conversion|views rate is greater for hedonic products compared with utilitarian products. Furthermore, the lift on views rate is greater for products with higher average review ratings, which suggests that a recommender acts as a complement to review ratings, whereas the opposite is true for conversion|views, where recommender and review ratings are substitutes. Additionally, a recommender’s awareness lift is greater than its saliency impact. We discuss the potential mechanisms behind our results as well as their managerial implications. This paper was accepted by David Simchi-Levi, information systems.
产品属性和评论如何在购买阶段缓和推荐系统的影响?
我们研究了电子商务网站上基于购买的协同过滤推荐系统的产品属性和评论评级对浏览量、转化率(以浏览量为条件的转化率)和最终转化率的调节作用。我们对一家顶级零售商进行了随机现场实验,其中有184,375名用户被分成推荐组和对照组。我们通过Amazon Mechanical Turk标记37125种独特产品的理论驱动属性,以增加通常的产品数据(例如,评论评级,描述)。通过检查推荐人在不同阶段(意识(视图)、突出(转换视图)和最终转换)以及跨产品类型的影响,我们提供了细致入微的见解。研究证实,推荐者的浏览量、转化率和最终转化率分别提高了15.3%、21.6%和7.5%,但这种提升受到产品属性和评论评级的影响。我们发现,实用产品与享乐产品相比,体验产品与搜索产品相比,对产品观点的提升更大。相比之下,享乐产品的转化率提升幅度要大于功利产品。此外,对于具有较高平均评论评级的产品,观看率的提升更大,这表明推荐者作为评论评级的补充,而对于转换视图则相反,其中推荐者和评论评级是替代品。此外,推荐人的意识提升比其显著性影响更大。我们讨论了我们的结果背后的潜在机制以及它们的管理意义。这篇论文被信息系统的David Simchi-Levi接受。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 求助全文
来源期刊
自引率
0.00%
发文量
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:604180095
Book学术官方微信
小红书