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Hybrid approaches to product recommendation based on customer lifetime value and purchase preferences
2005
Journal of Systems and Software
Recommending products to attract customers and meet their needs is important in fiercely competitive environments. Recommender systems have emerged in e-commerce applications to support the recommendation of products. Recently, a weighted RFM-based method (WRFM-based method) has been proposed to provide recommendations based on customer lifetime value, including Recency, Frequency and Monetary. Preference-based collaborative filtering (CF) typically makes recommendations based on the
doi:10.1016/j.jss.2004.08.031
fatcat:j7mx47akdvfxpijtw4yz74jijq