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Deep Neural Network Models to Recommend Product Repurchase at the Right Time : A Case Study for Grocery Stores

첫 페이지 보기
  • 발행기관
    한국정보기술응용학회 바로가기
  • 간행물
    JITAM 바로가기
  • 통권
    Vol.25 No.2 (2018.06)바로가기
  • 페이지
    pp.73-90
  • 저자
    Hee Seok Song
  • 언어
    영어(ENG)
  • URL
    https://www.earticle.net/Article/A340694

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원문정보

초록

영어
Despite of increasing studies for product recommendation, the recommendation of product repurchase timing has not yet been studied actively. This study aims to propose deep neural network models usingsimple purchase history data to predict the repurchase timing of each customer and compare performances of the models from the perspective of prediction quality, including expected ROI of promotion, variability of precision and recall, and diversity of target selection for promotion. As an experiment result, a recurrent neural network (RNN) model showed higher promotion ROI and the smaller variability compared to MLP and other models. The proposed model can be used to develop a CRM system that can offer SMS or app-based promotionsto the customer at the right time. This model can also be used to increase sales for product repurchase businesses by balancing the level of ordersas well as inducing repurchases by customers.

목차

Abstract
1. Introduction
2. Existing Research
2.1 Research to Predict Purchase Timing
2.2 Recurrent Neural Network
3. Proposed Deep Neural Network Models
3.1 Proposed Architecture of Neural Networks
3.2 Learning and Implementation of Neural Networks
4. Performance Evaluation
4.1 Data Set for Experiment
4.2 Performance Metric for Evaluation
4.3 Experiment Results
5. Conclusion
References

키워드

Purchase Timing Recommender Multilayer Perceptron Recurrent Neural Network Retail Business Product Repurchase Promotion System

저자

  • Hee Seok Song [ Department of Global IT Business in Hannam University ]

참고문헌

자료제공 : 네이버학술정보

간행물 정보

발행기관

  • 발행기관명
    한국정보기술응용학회 [The Korea Society of Information Technology Applications]
  • 설립연도
    1999
  • 분야
    사회과학>경영학
  • 소개
    본 학회는 정보기술 관련 분야의 연구 및 교류를 촉진하여 국가 및 기업정보화 발전에 공헌함을 그 목적으로 한다.

간행물

  • 간행물명
    JITAM [Journal of Information Technology Applications and Management]
  • 간기
    격월간
  • pISSN
    1598-6284
  • eISSN
    2508-1209
  • 수록기간
    1999~2026
  • 십진분류
    KDC 005 DDC 005

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