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Utilizing Purchase Intervals in Latent Clusters for Product Recommendation

Published: 24 August 2014 Publication History

Abstract

Collaborative filtering have become increasingly important with the development of Web 2.0. Online shopping service providers aim to provide users with quality list of recommended items that will enhance user satisfaction and loyalty. Matrix factorization approaches have become the dominant method as they can reduce the dimension of the data set and alleviate the sparsity problem. However, matrix factorization approaches are limited because they depict each user as one preference vector. In practice, we observe that users may have different preferences when purchasing different subsets of items, and the periods between purchases also vary from one user to another. In this work, we propose a probabilistic approach to learn latent clusters in the large user-item matrix, and incorporate temporal information into the recommendation process. Experimental results on a real world dataset demonstrate that our approach significantly improves the conversion rate, precision and recall of state-of-the-art methods.

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    cover image ACM Conferences
    SNAKDD'14: Proceedings of the 8th Workshop on Social Network Mining and Analysis
    August 2014
    90 pages
    ISBN:9781450331920
    DOI:10.1145/2659480
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    Published: 24 August 2014

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    Author Tags

    1. Collaborative filtering
    2. LDA
    3. Matrix Factorization
    4. Recommender System
    5. Temporal Information

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    • (2020)User–Topic Modeling for Online Community AnalysisApplied Sciences10.3390/app1010338810:10(3388)Online publication date: 14-May-2020
    • (2018)Sequence-Aware Recommender SystemsACM Computing Surveys10.1145/319061651:4(1-36)Online publication date: 6-Jul-2018
    • (2018)A Unified View of Social and Temporal Modeling for B2B Marketing Campaign RecommendationIEEE Transactions on Knowledge and Data Engineering10.1109/TKDE.2017.278392630:5(810-823)Online publication date: 1-May-2018
    • (2018)Influence of Rating Prediction on Group Recommendation's AccuracyIEEE Intelligent Systems10.1109/MIS.2016.10031:6(22-27)Online publication date: 25-Dec-2018
    • (2018)Recommend products with consideration of multi-category inter-purchase time and priceFuture Generation Computer Systems10.1016/j.future.2017.02.03178:P1(451-461)Online publication date: 1-Jan-2018
    • (2016)Recommending Repeat Purchases using Product Segment StatisticsProceedings of the 10th ACM Conference on Recommender Systems10.1145/2959100.2959145(357-360)Online publication date: 7-Sep-2016

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