The document discusses customer-to-customer (C2C) recommendation systems. It begins by describing different types of e-commerce models including business-to-business, business-to-consumer, and C2C. It then explains that C2C markets allow customers to interact and recommend products and services to one another. Recommendation systems use collaborative filtering, content-based filtering, and hybrid approaches to predict items a user may like. The document provides an example of how Facebook tracks user data for recommendations. It describes the need for a C2C recommendation system and surveys literature in the field. It outlines the system requirements, major recommendation approaches, advantages and disadvantages of each approach, and provides screenshots of an example C
Recommendation systems, also known as recommendation engines, are a type of information system whose purpose is to suggest, or recommend items or actions to users.
The recommendations may consist of:
-> retail items (movies, books, etc.) or
-> actions, such as following other users in a social network.
It can be said that, Recommendation engines are nothing but an automated form of a “shop counter guy”. You ask him for a product. Not only he shows that product, but also the related ones which you could buy. They are well trained in cross selling and up selling. So, does our recommendation engines.
Overview of the Recommender system or recommendation system. RFM Concepts in brief. Collaborative Filtering in Item and User based. Content-based Recommendation also described.Product Association Recommender System. Stereotype Recommendation described with advantage and limitations.Customer Lifetime. Recommender System Analysis and Solving Cycle.
What really are recommendations engines nowadays?
This presentation introduces the foundations of recommendation algorithms, and covers common approaches as well as some of the most advanced techniques. Although more focused on efficiency than theoretical properties, basics of matrix algebra and optimization-based machine learning are used through the presentation.
Table of Contents:
1. Collaborative Filtering
1.1 User-User
1.2 Item-Item
1.3 User-Item
* Matrix Factorization
* Stochastic Gradient Descent (SGD)
* Truncated Singular Value Decomposition (SVD)
* Alternating Least Square (ALS)
* Deep Learning
2. Content Extraction
* Item-Item Similarities
* Deep Content Extraction: NLP, CNN, LSTM
3. Hybrid Models
4. In Production
4.1 Problematics
4.2 Solutions
4.3 Tools
Recommendation systems, also known as recommendation engines, are a type of information system whose purpose is to suggest, or recommend items or actions to users.
The recommendations may consist of:
-> retail items (movies, books, etc.) or
-> actions, such as following other users in a social network.
It can be said that, Recommendation engines are nothing but an automated form of a “shop counter guy”. You ask him for a product. Not only he shows that product, but also the related ones which you could buy. They are well trained in cross selling and up selling. So, does our recommendation engines.
Overview of the Recommender system or recommendation system. RFM Concepts in brief. Collaborative Filtering in Item and User based. Content-based Recommendation also described.Product Association Recommender System. Stereotype Recommendation described with advantage and limitations.Customer Lifetime. Recommender System Analysis and Solving Cycle.
What really are recommendations engines nowadays?
This presentation introduces the foundations of recommendation algorithms, and covers common approaches as well as some of the most advanced techniques. Although more focused on efficiency than theoretical properties, basics of matrix algebra and optimization-based machine learning are used through the presentation.
Table of Contents:
1. Collaborative Filtering
1.1 User-User
1.2 Item-Item
1.3 User-Item
* Matrix Factorization
* Stochastic Gradient Descent (SGD)
* Truncated Singular Value Decomposition (SVD)
* Alternating Least Square (ALS)
* Deep Learning
2. Content Extraction
* Item-Item Similarities
* Deep Content Extraction: NLP, CNN, LSTM
3. Hybrid Models
4. In Production
4.1 Problematics
4.2 Solutions
4.3 Tools
Recommenders Systems tutorial slides from the European Summer School of Information Retrieval (ESSIR).
Covers basic ideas on Collaborative Filtering, Content-based methods, Matrix Factorization, Restricted Boltzmann Machines, Ranking, Diversity.
The slides include material from Xavier Amatriain, Saul Vargas and Linas Baltrunas.
Recommender Systems represent one of the most widespread and impactful applications of predictive machine learning models.
Amazon, YouTube, Netflix, Facebook and many other companies generate an important fraction of their revenues thanks to their ability to model and accurately predict users ratings and preferences.
In this presentation we cover the following points:
→ introduction to recommender systems
→ working with explicit vs implicit feedback
→ content-based vs collaborative filtering approaches
→ user-based and item-item methods
→ machine learning and deep learning models
→ pros & cons of the methods: scalability, accuracy, explainability
Why are recommender systems relevant for the economic welfare? This presentation explains the Why based on the economic value for social welfare. Both major types of recommender systems (i.e., Content Filtering and Collaborative Filtering) are explained, its pros and cons. Finally, a hybrid approach of using machine learning and the similiarity of machine learning models is presented and compared to traditional recommender systems.
It contains detail description about recommendation system which is a part of machine learning algorithms. It contains diagrams and examples for better understanding and description purpose with to the point detail matter.
Recommender Systems, Part 1 - Introduction to approaches and algorithmsRamzi Alqrainy
Most large-scale commercial and social websites recommend options, such as products or people to connect with, to users. Recommendation engines sort through massive amounts of data to identify potential user preferences. This presentation, the first in a two-part series, explains the ideas behind recommendation systems and introduces you to the algorithms that power them. In Part 2, learn about some open source recommendation engines you can put to work.
Recommenders Systems tutorial slides from the European Summer School of Information Retrieval (ESSIR).
Covers basic ideas on Collaborative Filtering, Content-based methods, Matrix Factorization, Restricted Boltzmann Machines, Ranking, Diversity.
The slides include material from Xavier Amatriain, Saul Vargas and Linas Baltrunas.
Recommender Systems represent one of the most widespread and impactful applications of predictive machine learning models.
Amazon, YouTube, Netflix, Facebook and many other companies generate an important fraction of their revenues thanks to their ability to model and accurately predict users ratings and preferences.
In this presentation we cover the following points:
→ introduction to recommender systems
→ working with explicit vs implicit feedback
→ content-based vs collaborative filtering approaches
→ user-based and item-item methods
→ machine learning and deep learning models
→ pros & cons of the methods: scalability, accuracy, explainability
Why are recommender systems relevant for the economic welfare? This presentation explains the Why based on the economic value for social welfare. Both major types of recommender systems (i.e., Content Filtering and Collaborative Filtering) are explained, its pros and cons. Finally, a hybrid approach of using machine learning and the similiarity of machine learning models is presented and compared to traditional recommender systems.
It contains detail description about recommendation system which is a part of machine learning algorithms. It contains diagrams and examples for better understanding and description purpose with to the point detail matter.
Recommender Systems, Part 1 - Introduction to approaches and algorithmsRamzi Alqrainy
Most large-scale commercial and social websites recommend options, such as products or people to connect with, to users. Recommendation engines sort through massive amounts of data to identify potential user preferences. This presentation, the first in a two-part series, explains the ideas behind recommendation systems and introduces you to the algorithms that power them. In Part 2, learn about some open source recommendation engines you can put to work.
Social Media Mining - Chapter 9 (Recommendation in Social Media)SocialMediaMining
R. Zafarani, M. A. Abbasi, and H. Liu, Social Media Mining: An Introduction, Cambridge University Press, 2014.
Free book and slides at http://socialmediamining.info/
Recommendations are everywhere : music, movies, books, social medias, e-commerce web sites… The Web is leaving the era of search and entering one of discovery. This quick introduction will help you to understand this vast topic and why you should use it.
Field Research at the Speed of BusinessPaul Sherman
Field research: to many it's the gold standard of user-centered design. Want to learn more about how your current or prospective customers think, work, live and play? Go observe them.
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Presented at UX in the City Oxford 2017, April 2017, Oxford UK.
with current projections regarding the growth of
Internet sales, online retailing raises many questions about how
to market on the Net. A Recommender System (RS) is a
composition of software tools that provides valuable piece of
advice for items or services chosen by a user. Recommender
systems are currently useful in both the research and in the
commercial areas. Recommender systems are a means of
personalizing a site and a solution to the customer’s information
overload problem. Recommender Systems (RS) are software
tools and techniques providing suggestions for items and/or
services to be of use to a user. These systems are achieving
widespread success in ecommerce applications now a days, with
the advent of internet. This paper presents a categorical review
of the field of recommender systems and describes the state-ofthe-
art of the recommendation methods that are usually
classified into four categories: Content based Collaborative,
Demographic and Hybrid systems. To build our recommender
system we will use fuzzy logic and Markov chain algorithm.
Data is being generated at a feverish pace and forward thinking companies are integrating big data and analytics as part of their core strategy from day one. However, it is often hard to sift through the hype around big data and many companies start with only a small subset of data. Can smaller companies benefit from big data efforts? We will discuss several use cases and examples of how startups are using data to optimize their operations, connect with their users, and expand their market.
A new direction for recommender systems: balancing privacy and personalisationBenjamin Heitmann
In this talk, Benjamin Heitmann will introduce a new direction for future recommender systems: the idea of balancing privacy and personalisation when designing a personalisation approach.
First, recent events which form the motivation for this new direction are introduced,
then the basics of current personalisation approaches and how they approach data collection are presented. After that, several different aspects of balancing privacy and personalisation are discussed, which will show that this is a wide open topic for research and innovation.
An in depth presentation on analysis of big data and its application in the advertising industry in order to reach maximum number or optimum customers.
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Similar to Customer to Customer recommendation system (20)
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https://alandix.com/academic/papers/synergy2024-epistemic/
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2. Page 2
INTRODUCTION:-
There are many different classifications of marketing(E-COMMERCE)
Government to Business (G2B),
Business to Business (B2B),
Business to Consumer (B2C),
Customer to Customer (C2C).
3. Page 3
INTRODUCTION:-
Customer to customer (C2C) markets provide
an innovative way to allow customers to interact
with each other
Recommendendation systems are a subclass
of information filtering system that seek to
predict the "rating" or "preference" that a user
would give to an item.
They help users discover items they might not
have found by themselves.
4. Page 4
AN EXAMPLE:-
THE BIGGEST SOCIAL NETWORK : FACEBOOK
Facebook tracks each and every record of the user.
5. Page 5
C2C RECOMMENDATION SYSTEM:-
The recommendation system which connects customer
with another customer for buying and selling is called
c2c(customer to customer) system.
7. Page 7
LITERATURE SURVEY:-
In 1998, Giles et al. introduced the first research-paper
recommender system as part of the CiteSeer project. Since then,
at least 216 articles relating to 120 research-paper
recommendation approaches were published.
Yearly number of articles steadily increases: 66 of the 217
articles (30%) were published just in 2012 and 2013 alone.
Now,all great industrial giants like Facebook,Amazon,Netflix
etc.. Uses recommendation system.
It is an active research topic in the data mining and machine
learning fields.
9. Page 9
Approaches of recommendation:-
There are three major approaches for making a
recommendation system.
•Collaborative Filtering approach:-
Recommends the active user the items that the user of previous taste from
past has liked.
•Content Based Filtering:-
Recommed items similar to the ones that user liked in the past.
•Hybrid approach:-
Combination of Collaborative and Content based.
10. Page 10
COLLABORATIVE FILTERING:-
Its based on a model of prior user behavior. The model can be
constructed solely from a single user's behavior or — more
effectively — also from the behavior of other users who have
similar traits.
Saif Khayam
11. Page 11
DISADVANTAGES:-
Early rater problem:- Collaborative systems cannot provide
recommendations for new items since there are no user ratings on which to
base a prediction. Even if users start rating the item it will take some time
before the item has received enough ratings in order to make accurate
recommendations. Similarly, recommendations will also be inaccurate for
new users who have rated few items.
Sparsity problem:- In many information domains the existing number
of items exceeds the amount a person is able (and willing) to explore by far.
This makes it hard to find items that are rated by enough people on which to
base predictions.
. Gray sheep:- Groups of users are needed with overlapping
characteristics. Even if such groups exist, individuals who do not consistently
agree or disagree with any group of people will receive inaccurate
recommendations.
12. Page 12
CONTENT BASED FILTERING:-
This model is based upon the contents of the system. This
approach might use historical browsing information.
13. Page 13
DISADVANTAGES:-
Content description:- In some domains generating a useful description
of the content can be very difficult. In domains where the items consist of
music or video for example a representation of the content is not always
possible with today’s technology.
Over-specialization:- A content-based filtering system will not select
items if the previous user behavior does not provide evidence for this.
Additional techniques have to be added to give the system the capability to
make suggestion outside the scope of what the user has already shown interest
in.
Subjective domain problem:- Content-based filtering techniques
have difficulty in distinguishing between subjective information such as
points of views and humor.
14. Page 14
USER VS ITEM FILTERING:-
This model is based upon the contents of the system. This
approach might use historical browsing information.
15. Page 15
HYBRID FILTERING:-
Hybrid Filtering is a combination of both Collaborative
Filtering and Content Based Filtering.
It overcomes all the disadvantages of both the Filtering
Techniques.
16. Page 16
PHP:-
PHP is a server-side scripting language designed
primarily for web development.
Originally created by Rasmus Lerdorf in 1994.
PHP originally stood for Personal Home
Page,but it now stands for the recursive
acronym PHP: Hypertext Preprocessor.
It is object oriented ,simple programming
language.
About 51% of web apps on internet is based on
PHP.
17. Page 17
MySql:-
MySQL is an open-source relational database management
system(RDBMS).
MySQL is written in C and C++. Its SQL parser is written
in yacc.
MySQL is used in many high-profile, large-
scale websites,including Google, Facebook,Twitter,Flickr,and Yo
uTube.
18. Page 18
PHP with MySql:-
With PHP, you can connect to and manipulate databases.
PHP 5 and later can work with a MySQL database using:
•MySQLi extension (the "i" stands for improved),
•PDO (PHP Data Objects).
19. Page 19
OUR APP USING HYBRID FILTERING:-
It is a web Application for students to Buy and Sell their
college items to their college students.
The Application recommends the appropriate college
products to the appropriate buyer (whose chances of buying
that product is more).
The seller can see the details of the buyer to get the
product.
It basically creates a Hybrid c2c Recommendation
medium for Buying and Selling
20. Page 20
EXISTING SYSTEM:-
One great example of such application is OLX.
Also developed using PHP and Mysql.
It shows product near user irrespective of its relation with
user.
No Recommendation system.
21. Page 21
PROPOSED SYSTEM:-
It is a recommendation system.
Recommends appropriate products to more likely to buy
users.
Uses Hybrid Filtering Data mining technique for
Recommending of items to users.
Right things for Right people.
22. Page 22
MODULES:-
Register:-User should register in the application.
Login:- User enter the profile using name and
password.
Sell:-User can put the college item for sale.
Buy:-User can see the details of the Seller and contact
him to buy.
Recommend:-Appropriate products are reommended.
23. Page 23
MODULES:-
Cart:-User can add products to the cart.
Like:- User can like a product.
Notify:-User send a message to the Seller.
Account:-User edit their details in the account section.
Admin:-Admin can delete the UnAppropriate user or
the product.
Search:-User can search for a product.
36. Page 36
SEARCH:-
User search for a product.
The searched product will
be saved in database which
will be used for
recommendation.
37. Page 37
RECOMMEND:-
The every action of user is
noticed and stored in
database.
The info is then passed
through the Filtering
Algorithms.
The result of algorithms is
then displayed to user.
49. Page 49
ADVANTAGES:-
Based on Real Activity:-The biggest benefit of recommendation systems is that
they record, and then base their recommendations on actual user behavior.
Great for Discovery:- they allow us to discover things that are similar to what
we already like.
Personalization:-We often take recommendations from friends and family
because we trust their opinion
Always Up-To-Date:-Recommendation systems are dynamically updated, and
therefore are always up-to-date
Reduced Organizational Maintenance:- With recommendation systems, much
of this organizational maintenance goes away.
50. Page 50
DISADVANTAGES:-
Difficult to Set Up:-Recommendation systems are intensive,
database-driven applications that are not trivial to create and get
running.
Maintenance Shifted Elsewhere:-Even though recommendation
systems can reduce organizational maintenance, they don’t get rid of
maintenance itself.
Sometimes They’re Wrong:-Recommendation systems aren’t just
a technological challenge. They’re also a social one. Sometimes
people are unhappy with recommendations.
51. Page 51
CONCLUSION:-
The c2c Recommendation system is a branch of Datamining which
recommends the user ,items which the might prefer.
The hybrid Filtering is used for recommendation of items.
The user can sell and buy his college item to their college mates.
The app uses hybrid algorithms to display the user appropriate
products.
This system helps the user for discovery of new products hence
increasing the sales.