Optimizing Similar Item Recommendations in a Semi-structured Marketplace to Maximize Conversion
This paper tackles the problem of recommendations in eBay's large semi-structured marketplace. eBay's variable inventory and lack of structured information about listings makes traditional collaborative filtering algorithms difficult to use. We discuss how to overcome these data limitations to produce high quality recommendations in real time with a combination of a customized scalable architecture as well as a widely applicable machine learned ranking model. A pointwise ranking approach is utilized to reduce the ranking problem to a binary classification problem optimized on past user purchase behavior. We present details of a sampling strategy and feature engineering that have been critical to achieve a lift in both purchase through rate (PTR) and revenue.
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Optimizing Similar Item Recommendations in a Semi-structured Marketplace to Maximize Conversion
Semantic Scholar · Computer Science · 2016
Abstract
This paper tackles the problem of recommendations in eBay's large semi-structured marketplace. eBay's variable inventory and lack of structured information about listings makes traditional collaborative filtering algorithms difficult to use. We discuss how to overcome these data limitations to produce high quality recommendations in real time with a combination of a customized scalable architecture as well as a widely applicable machine learned ranking model. A pointwise ranking approach is utilized to reduce the ranking problem to a binary classification problem optimized on past user purchase behavior. We present details of a sampling strategy and feature engineering that have been critical to achieve a lift in both purchase through rate (PTR) and revenue.