Clickstream purchase prediction using Hidden Markov Models
US11042898B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Dec 23, 2014 |
| Grant date | Jun 22, 2021 |
| Priority date | — |
| Expiry date | Oct 15, 2037 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0254
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Technology for predicting online user shopping behavior, such as whether a user will purchase a product, is described. An example method includes receiving current session data describing a current session for a current user, extracting a current clickstream from the current session data classifying the current clickstream as a purchase clickstream or a non-purchase clickstream by processing the current clickstream using one or more sets of Hidden Markov Model parameters produced by one or more Hidden Markov Models, and 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 classifying.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.