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Consumer Personalization Algorithms

Consumer Personalization Algorithms . Kevin Colkitt Business and Employment Online Stores http://venturebeat.com/2014/02/25/bloomreach-launches-platform-to-make-your-stupid-site-smart-and-sell-50-more/. Process. Process. Initial collection Formation of trends

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Consumer Personalization Algorithms

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  1. Consumer Personalization Algorithms Kevin Colkitt Business and Employment Online Stores http://venturebeat.com/2014/02/25/bloomreach-launches-platform-to-make-your-stupid-site-smart-and-sell-50-more/

  2. Process

  3. Process • Initial collection • Formation of trends • Comparison to established trends • Response to website http://g-ecx.images-amazon.com/images/G/01/gifts/registries/wishlist/screenshot_withbluedots._V383836720_.jpg

  4. Network Server • Input, Processing Device http://upload.wikimedia.org/wikipedia/commons/d/d7/CERN_Server_03.jpg

  5. Supercomputer • Processing Device http://commons.wikimedia.org/wiki/File:IBM_Blue_Gene_P_supercomputer.jpg

  6. Router • Input, Output Device http://wifimodemrouter.com/wp-content/uploads/2013/05/router.jpg

  7. RAM • Processing Device http://upload.wikimedia.org/wikipedia/commons/d/d3/RAM_n.jpg

  8. Monitor • Output Device http://3dvision-blog.com/wp-content/uploads/2011/04/mitsubishi-rdt233wx-3d-monitor.jpg

  9. Pattern Recognition Software http://www.ensignsoftware.com/blog/wp-content/uploads/2012/01/GoldSilverDaily.png

  10. Necessity of the Aforementioned Software • Establishes trends from collected data, enabling the self creation of parameters

  11. Ecommerce Websites • A larger supply of personalization programs for websites with relatively little funds to allocate http://static.shop033.com/resources/0A/13066/Image/new-theme/img/tour-new/complete-online-store-big.jpg

  12. Ecommerce Websites • Delay in response makes it difficult to immediately determine profitability

  13. Consumers • Gain a potentially more focused and detailed shopping experience. http://www.opensecrets.org/news/bigstock_Falling_Money_669153.jpg

  14. Consumers • A smaller range of websites that don’t collect any form of data

  15. Privacy http://mises.ca/wp-content/uploads/2012/12/Security.jpg

  16. Privacy • Partakes in the balance between it and shopping efficiency

  17. Anonymity http://inforrm.files.wordpress.com/2010/11/anonymous_full.jpg

  18. Anonymity • Involved in the removal of it in the creation of profiles for previous consumers.

  19. Intellectual Property http://srgllp.com/admin/extraimages/13_exp_copyrite.jpeg

  20. Intellectual Property • Raised as an issue regarding the trade of consumers’ information.

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