METHOD AND SYSTEM FOR PURCHASE BEHAVIOR PREDICTION OF CUSTOMERS

METHOD AND SYSTEM FOR PURCHASE BEHAVIOR PREDICTION OF CUSTOMERS

A method and a system to enable customer behavior prediction are disclosed. Temporal and aggregate features with respect to purchases made by a customer are extracted from purchase history of customers. Further, temporal and aggregate models are generated corresponding to the features extracted, whe...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: AGARWAL, Puneet, VIG, Lovekesh, MALHOTRA, Pankaj, KAZMI, Auon HAIDAR, ANAND, Gaurangi, Shroff, Gautam
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
COMPUTER SYSTEMS BASED ON SPECIFIC COMPUTATIONAL MODELS
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:A method and a system to enable customer behavior prediction are disclosed. Temporal and aggregate features with respect to purchases made by a customer are extracted from purchase history of customers. Further, temporal and aggregate models are generated corresponding to the features extracted, wherein the temporal and aggregate models are data of a first type and data of a second type respectively. Further, a Mixture of Experts (ME) is used to process the temporal and aggregate models that are of different types of data, to build a combined model, and purchase behavior of the customer is identified based on the combined model.