This disclosure relates generally to using Artificial Intelligence (AI) to predict whether and when a user of an online site will interact with another online site, in an interactive environment, even though no data about the other online site is available.
Digital analytics tools may be used to manage interactions between an online firm and their users, to facilitate customer journey management and to increase user engagement with the firm. Conventional tools in this regard make use of data available to the firm to determine various metrics of user interactions with the firm. However, these tools are not able to predict user interactions with competitors of the firm.
Users of the online firm also engage online with competitors of the firm. The likelihood of losing its user's engagement to one or more of these competitors exists. Conventional analytics tools are not able to predict when the firm is likely to lose a user engagement to a competitor because the firm does not have access to data on user interactions with the competitors. Thus, conventional analytics tools cannot alert the firm about the timing of interactions of users with a competitor.
Additionally, conventional analytics tools cannot determine the timing of interactions of individual users with a competitor. Even if one were to use timing information aggregated across all users, this information is incomplete and not useful since users will not be interacting with the competitors all together, but interact at timings that suit each user.
Thus, conventional tools are ineffective and inefficient when it comes to determining a user's interaction behavior with competitors. Since competitor data are not available to the firm, the conventional tools cannot provide any metric for determining any aspect of user behavior at the competitors.
Systems, methods, and software are described herein for predicting a next interaction (e.g., purchase) of users of a first online site at a second other online site or the first online site using behavior log data including interactions of the users with only the first online site. Results of the prediction may be used to disengage a user from the second online site or to increase engagement of the user with the first online site. The prediction is made using a model, which is a combination of a probability distribution of inter-purchase-times (IPTs) across the first online site and the second online site for each user and a Stochastic model representative of interactions between each user and the first online site and the second online site. Since the probability distribution may be generated by selecting a Gamma Distribution and an aspect of the Stochastic model associated with the second online site may be generated by treating some purchases of each user on the first online site as a purchase on the second online site, the model can be used to predict a next interaction of a user with the second online site without relying on actual interactions by the users with the second online site.
In an exemplary embodiment of the disclosure, a method for predicting user purchase includes: gathering engagement data from interactions of users with a first online site including purchases by users at the first online site, generating inter-purchase-times (IPTs) for each of the users from the purchases, generating a Stochastic model representing probabilities of purchase by the users at the first online site and a second other online site without using interactions of the users with the second online site by assigning each of the IPTs to one of the first online site and the second other online site, selecting a distribution that represents a probability distribution of IPTs across the first online site and the second online site, combining the selected distribution with the Stochastic model to generate a probability distribution of IPTs for only the first online site, estimating parameters of the probability distribution of IPTs for the first online site by applying a Statistical modeling approach to features of each user, generating a probability of a next purchase by applying a sequence of observed IPTs of a given one of the users associated with the first online site and the parameters of the given user to the selected distribution, and determining whether the next purchase occurs on the second online site based on the probability of the next purchase.
In an exemplary embodiment of the disclosure, a system for predicting user purchase includes a client device and a server. The client device includes a user interface and a computer program configured to output a query across a computer network based on an interaction of a user with the user interface. The server is configured to receive the query from the computer network, generate a model for estimating purchase of each of a plurality of users of a first online site on a second other online site in response to the query, generate user information indicating which of the users are predicted to make a purchase on the second online site from the model and features of each of the users, and output the user information across the computer network. The user interface presents a list of the users predicted to make a next purchase on the second online site using the user information. The model is generated by combining a probability distribution of inter-purchase-times (IPTs) across the first online site and the second online site with a Stochastic model generated from assigning each purchase of each user of a given time period to one of the first online site and the second online site.
In an exemplary embodiment of the disclosure, a method for predicting user purchase includes: selecting an Erlang distribution to model a first probability distribution (PD) of inter-purchase-times (IPTs) for each of a plurality of users across a first online site and a second other online site, computing a time period from an IPT of the Erlang distribution, generating a second PD of IPTs for only the first online site from the Erlang distribution and a Stochastic model representing probabilities that the users having made a prior purchase on the first online site make a next purchase on the first online site and probabilities that the users having made a prior purchase on the second online site makes a next purchase on the first online site, estimating parameters of the second PD using a sequence of purchases on the second site by the given user and features of the given user, and determining whether the given user is to make a next purchase on the second online site from the estimated parameters, the second PD, and an observed sequence of IPTs of the given user, when a current time is within the time period.
The detailed description describes one or more embodiments with additionally specificity and detail through use of the accompanying drawings, briefly described below,
An existing approach for estimating a next purchase (“inter-purchase time”) of a user of an online site on either the online site or other online sites makes use of user panel data, which includes a user's visits to the online site and the other online sites. For example, a user's future purchases can be predicted using a Poisson-Gamma distribution or a hierarchical Bayesian model based on a generalized Gamma distribution.
However, predicting inter-purchase time of a user of a first site on a second other site using a Poisson-Gamma distribution or a hierarchical Bayesian model based on a generalized Gamma distribution is ineffectual unless sufficient engagement data of the second site (e.g., website) is available. Further, with no engagement data about the second site, there is no ground truth to validate any prediction.
Embodiments of the disclosure provide a model generated using only the engagement data of the first site that can predict timing of user purchase with the second site. The predicted timing may be used as a new metric in a user journey map (CJM). The model may predict a probability of a user of the first site purchasing from either the first site or the second site. Further, the model's predictive performance may be verified even though no engagement data of the second site is available.
An embodiment of the disclosure generates a model to predict purchase of a user at the first site or other second sites (e.g., site in competition with the first site) that accounts for impact of competitor sites and predicts timing of the purchase using only the engagement data of the first site.
At least one embodiment of the disclosure generates a model for estimating purchase of users of a first online site on a second other online site by selecting a probability distribution of inter-purchase-times (IPTs) across the first online site and the second online site for each user from sequences of observed inter-purchase-times (IPTs) determined from engagement data of the first online site, assigning each purchase of each user of a given time period to one of the first online site and the second online site according to a Stochastic model, combining the selected probability distribution of IPTs across the first online site and the second online site with the Stochastic model to generate a probability distribution of IPTs for only the first online site, estimating parameters of the probability distribution of IPTs for the first online site by applying a Statistical modeling approach to features of each user, applying a sequence of observed IPTs of a given one of the users and the parameters of the given user to the selected probability distribution to generate a probability of a next purchase, and determining whether the next purchase occurs on the second online site based on the probability of the next purchase. A time of the next purchase may be computed using IPTs of the selected probability distribution. Once it is determined that the next purchase will occur at the second online site within a current period, information (e.g., an e-mail, text, social media message, etc.) can be sent to the user to discourage engagement with the second online site.
The following terms are used throughout the present disclosure:
The term “Gamma distribution” refers to a two-parameter family of continuous distributions having a shape parameter s and a scale parameter β.
The term “Erlang distribution” refers to a special case of the Gamma distribution where the shape parameter s is a positive integer.
The term “Stochastic model” refers to a tool for estimating distributions of potential outcomes by allowing for random variation in one or more inputs of time.
The term “Markov model” refers to a Stochastic model used to model pseudo-randomly changing systems, where it is assumed that future states depend only on the current state.
The term “Statistical model” refers to a mathematical model that embodies statistical assumptions concerning the generation of sample data (e.g., similar data from a larger population). The Statistical model may be specified as the mathematical relationship between one or more random variables and other non-random variables.
The term “Bayesian Hierarchical model” refers to a Statistical model in a hierarchical form (e.g., multiple levels) that estimates parameters of a posterior distribution using a Bayesian Inference.
The term “Bayesian Inference” refers to a method of statistical inference in which Bayes' theorem is used to update the probability for a hypothesis as more evidence or information becomes available.
Exemplary embodiments of the inventive concept are applicable to a client-server environment and a client-only environment.
A server interface 114 of the site client device 110 outputs a query 116 to the server 130 across a computer network 120 to request the user information 140. The server 130 provides the user information 140 to the site client device 110 of the first site in response to the query 116.
The server interface 114 generates presented information based the user information 140 for presentation on the graphical user interface 112. The presented information may list which users have been predicted to make a purchase, the timing of the purchases, and whether the purchase will occur on the first site or the second site(s).
A model builder 135 of the server 130 operates on user engagement data 136 of users of the first site to generate a model 138. In an embodiment, the user engagement data 136 indicates for each of a plurality of users of the first site, a unique identifier (ID) and purchase dates of purchases by the corresponding user on the first site. While the below discussion will focus on purchase dates, such dates may be replaced with or further include purchase consideration dates. A purchase consideration date means that on the date in question, the user considered making a purchase. For example, a user may be deemed to have considered making a purchase if they viewed a web page of a product for more than a certain amount of time or placed the product in a virtual shopping cart. The generation of the model 138 will be discussed in more detail below.
A client interface 132 of the server 130 receives the query 116 across the network 120, and for each user, an engagement estimator 134 of the server 134 applies feature data (e.g., one or more features) of the corresponding user to the model 138 to generate a probability of a next purchase Pnp and potentially a probability of the next purchase occurring at a second site Pcp in response to receiving the query 116, the engagement estimator 134 estimates a time of the next purchase, and the engagement estimator 134 generates the user information 140 from the probabilities and estimated time. The feature data may be stored in the user engagement data 136 or at another location. The feature data and application of the feature data to the model 138 to generate the probabilities will be discussed in more detail below. The engagement estimator 134 combined with the model builder 135 may be referred to as an Al tool since the model builder 135 automatically generates the model 138 and the engagement estimator 134 automatically generates the probability of a next purchase on the second site by a user of the first site and the timing of the next purchase using the model 138. For example, the model builder 135 may automatically generate the model 138 using the engagement data 136 of multiple users and the engagement estimator 134 may automatically generate the probability of a next purchase by a given user on the second site and the timing of the next purchase using the model 138 and the feature data of the given user.
The user engagement data 136 may be entered using a user interface 142 of the server 130 or loaded from one or more electronic files. In an embodiment, the user engagement data 136 is not present on the server 130, but is accessible by the server 130 from another computer across the network 120.
In an embodiment, the server interface 114 of the site client device 110 of the first site analyzes the user information 140 to determine whether to output incentive information 118 to a user client device 145 of one of the existing users. For example, if the user information 140 indicates that a given user is likely to make a next purchase on the second site, the incentive information 118 for the user client device 145 of the given user may include an electronic coupon for the first site at a first discount level (e.g., 50% off). For example, if the user information 140 indicates the given user is likely to make a next purchase on the first site, this event could be ignored or the incentive information 118 could include an electronic coupon for the first site at a second lower discount level (e.g., 10% off). In an exemplary embodiment, the server 130 generates the incentive information 118 and outputs the same to the user client device 145 without involving the site client device 110.
According to an embodiment of the inventive concept in a client-only environment, the engagement estimator 134 and the model builder 135 are present on the client device 110 of the focal firm, and the client device 110 creates the user information 140 locally without reliance on the server 130.
The computer network 120 may be wired, wireless, or both. The computer network 120 may include multiple networks, or a network of networks, but is shown in a simple form so as not to obscure aspects of the present disclosure. By way of example, the computer network 120 includes one or more wide area networks (WANs), one or more local area networks (LANs), one or more public networks, such as the Internet, and/or one or more private networks. Where the computer network 120 includes a wireless telecommunications network, components such as a base station, a communications tower, or even access points (as well as other components) may provide wireless connectivity. Networking environments are commonplace in offices, enterprise-wide computer networks, intranets, and the Internet. Accordingly, the computer network 120 is not described in significant detail.
The client device 110 is a computing device capable of accessing the Internet, such as the World Wide Web. The client device 110 might take on a variety of forms, such as a personal computer (PC), a laptop computer, a mobile phone, a tablet computer, a wearable computer, a personal digital assistant (PDA), an MP3 player, a global positioning system (GPS) device, a video player, a digital video recorder (DVR), a cable box, a set-top box, a handheld communications device, a smart phone, a smart watch, a workstation, any combination of these delineated devices, or any other suitable device.
The client devices 110 or 145 includes one or more processors, and one or more computer-readable media. The computer-readable media may include computer-readable instructions executable by the one or more processors. The instructions may correspond to one or more applications, such as software to manage the graphical user interface 112, software to output the query 116, software to receive the user information 140, and software to output or receive the incentive information 118.
The server 130 includes a plurality of computing devices configured in a networked environment or includes a single computing device. Each server 130 computing device includes one or more processors, and one or more computer-readable media. The computer-readable media may include computer-readable instructions executable by the one or more processors. The instructions may correspond to one or more applications, such as software to interface with the client device 110 for receiving the query 116 and outputting the user information 140.
The method of
The method of
The method of
The method of
The method of
If the probability Pnp of a next purchase exceeds the certain first threshold, the method of
If the probability Pcp that the next purchase will occur on the second online site exceeds the second threshold, the method of
The incentive information 118 may be designed to disengage the given user from engaging with the second online site. For example, if the second online site sells products in a certain industry, the incentive information 118 could include coupons for products in the certain industry with the first online site. In another embodiment, the incentive information 118 includes information about a latest new product provided by the first online site.
If the probability Pcp that the next purchase will occur on the second site does not exceed the second threshold, the method of
The method of
The method of
In an exemplary embodiment, the Stochastic model is a Markov model.
The method of
In Equation 2, k is the number of unobserved purchases between two observed purchases. The IPT for the first site is the sum of k+1 random variables drawn from fi(), and given by fi(t; 2(k+1), βi). The probability of k un-observed purchases between 2 observed ones is computed using Equation 2. The probability distribution gi() of an i-th user's IPT at the focal firm is obtained by summing over all k (e.g., a large number for estimation) according to the below Equation 3.
Using the expectation of the Gamma distribution (e.g., an Erlang distribution) with shape s and scale βi, it can be shown that the expected value of gi() (i.e., the expected time between observed purchases on the first site) is given by the below Equation 4.
Similarly, the expected time between unobserved purchases by the user at a second site is given by the below Equation 5.
The method of
In an embodiment, the Statistical modelling approach is a Hierarchical Bayes approach. The Hierarchical Bayes approach sets a prior distribution of (βi, ϕi, and λi) to depend on other parameters, with their own prior distribution. The individual parameters (βi, ϕi, and λi) are expressed as functions of other parameters (η, γ, δ) common across individuals that can be estimated from the features 330, on which data is available for each i-th user. The below Equation 6 is a re-parameterization technique to ensure that the parameters obey βi>0, 0<ϕi, and λi<1.
Then parameters (θβi, θϕi, θλi) are specified as functions from the feature data 330. Features Xβi, Xϕi, Xλi, denote the three features of the feature data 330. A linear regression model is generated for each parameter according to the below Equation 6.
Parameter θi (e.g., set of all parameters to be learned for user i) is calculated for each observed inter-purchase-time t of a given user in the Dataset 320, where Ai is a matrix of features Xβi, Xϕi, , and β is determined from parameters η, γ, δ following equations 6 and 7. The parameters η, γ, δ may be estimated using a Markov Chain Monte Carlo (MCMC) method or a Stochastic Gradient Langevin Dynamics (SGLD) method. A value θ for each inter-purchase-time t of a given user in the Dataset 320 is multiplied in an overall likelihood function like that shown in below Equation 8 to determine a probability of a next purchase Li.
For example, with respect to the first entry of the Dataset 320 for the user with ID=1 having Observed inter-purchase-times of 12 days->3 days, a first value θ is generated based on t11 of 12 days to generate a first result, a second value θ is generated based on t12 of 3 days to generate a second result, and the first and second results are multiplied together to generate a probability of L1 (e.g., corresponds to Pnp described above) that indicates the probability of next purchase by the given user.
The method of
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The model described above can estimate an IPT of a given user, given lack of data on user purchases with the second sites. However, validating the model is a challenging task since the focal firm cannot access engagement data of its competitors. Thus, the present disclosure introduces a validation strategy that uses only the engagement data 136 of the first online site to simulate ground truth. The first site engagement data of purchases is randomly split into two portions. The first portion is not exposed to the model, thereby representing unobserved purchases. The second portion, representing observed portions is used for estimation. One can now validate the estimated IPT from the observed purchases, with the ground truth IPT, which comes from comparing purchases in the observed portion with that of the unobserved portion.
Some of the purchase-visits like those shown in
Having described implementations of the present disclosure, an exemplary operating environment in which embodiments of the present invention may be implemented is described below to provide a general context for various aspects of the present disclosure. Referring initially to
The invention may be described in the general context of computer code or machine-useable instructions, including computer-executable instructions such as program modules, being executed by a computer or other machine, such as a personal data assistant or other handheld device. Generally, program modules including routines, programs, objects, components, data structures, etc., refer to code that perform particular tasks or implement particular abstract data types. The invention may be practiced in a variety of system configurations, including hand-held devices, consumer electronics, general-purpose computers, more specialty computing devices, etc. The invention may also be practiced in distributed computing environments where tasks are performed by remote-processing devices that are linked through a communications network.
With reference to
Memory 612 includes computer-storage media in the form of volatile and/or nonvolatile memory. The memory may be removable, non-removable, or a combination thereof. Exemplary hardware devices include solid-state memory, hard drives, optical-disc drives, etc. For example, the user engagement data 136 and the model 138 may be stored in the memory 612 when the server 130 is implemented by computing device 600. The computing device 600 includes one or more processors that read data from various entities such as memory 612 or I/O components 620. Presentation component(s) 616 present data indications to a user or other device. Exemplary presentation components include a display device, speaker, printing component, vibrating component, etc.
ports 618 allow computing device 600 to be logically coupled to other devices including I/O components 620, some of which may be built in. Illustrative components include a microphone, joystick, game pad, satellite dish, scanner, printer, wireless device, etc. The I/O components 620 may provide a natural user interface (NUI) that processes air gestures, voice, or other physiological inputs generated by a user. In some instance, inputs may be transmitted to an appropriate network element for further processing. A NUI may implement any combination of speech recognition, touch and stylus recognition, facial recognition, biometric recognition, gesture recognition both on screen and adjacent to the screen, air gestures, head and eye tracking, and touch recognition associated with displays on the computing device 600. The computing device 600 may be equipped with depth cameras, such as, stereoscopic camera systems, infrared camera systems, RGB camera systems, and combinations of these for gesture detection and recognition.
The present invention has been described in relation to particular embodiments, which are intended in all respects to be illustrative rather than restrictive. Alternative embodiments will become apparent to those of ordinary skill in the art to which the present invention pertains without departing from its scope.