INTELLIGENT PREDICTION OF AN EXPECTED VALUE OF USER CONVERSION

Patent №

US 11,625,796

Granted

2023-04-11

Filed 2019

Owner

Lab

AI components

4

ml · vision · kr · planning

Assignment

None on record

Dataset

AIPD

2023_r1 edition

Application

16653722

Highly user-specific data is used to calculate user intent to make a purchase and the value of such a purchase. User activity and information is aggregated, per user, for a set window of time and real-time data on recent site behavior is obtained. Aggregated and/or real-time data is considered by a predictive intent model (calculating the probability that the user will make a purchase) and a predictive value model (calculating the expected revenue such a purchase may generate). Weights, specific to each model, are assigned to predictor features tracked in the aggregated and/or real-time user data. The most highly-weighted features of the intent model relate to users' viewing history, and the most highly-weighted features of the value model relate to price and market. By these means, a user conversion value can be obtained, guiding the application of user acquisition strategies for different home sharing markets.

AI classification

Machine learning1.00
Knowledge representation0.99
Planning0.97
Vision0.65
AI hardware0.28
Natural language0.00
Evolutionary computation0.00
Speech0.00
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