×

Clickstream Purchase Prediction Using Hidden Markov Models

  • US 20150269609A1
  • Filed: 12/23/2014
  • Published: 09/24/2015
  • Est. Priority Date: 03/18/2014
  • Status: Active Grant
First Claim
Patent Images

1. A computer-implemented method comprising:

  • receiving, using one or more computing devices, clickstreams for past users reflecting past online sessions of the past users, the clickstreams including purchase clickstreams and non-purchase clickstreams;

    encoding, using the one or more computing devices, the clickstreams into encoded clickstreams;

    training, using the one or more computing devices, a purchase Hidden Markov Model (HMM) and a non-purchase HMM based on the encoded clickstreams, the purchase HMM producing a set of purchase HMM parameters and the non-purchase HMM producing a set of non-purchase HMM parameters;

    receiving, using the one or more computing devices, current session data describing a current session for a current user, the current session including a current clickstream of the current user;

    encoding, using the one or more computing devices, the current clickstream into an encoded current clickstream;

    classifying, using the one or more computing devices, the encoded current clickstream by processing the encoded current clickstream using the set of purchase HMM parameters and the set of non-purchase HMM parameters to determine a purchase likelihood and a non-purchase likelihood, respectively;

    computing, using the one or more computing devices, a purchase probability that the current user will purchase a product during the current session based on the purchase likelihood and the non-purchase likelihood; and

    determining, using the one or more computing devices, an offer to present to the current user based on the probability, the offer being selected from a set of offers to sell a product using an incentive.

View all claims
  • 4 Assignments
Timeline View
Assignment View
    ×
    ×