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Consumer Purchasing Power Prediction of Interest E-Commerce Based on Cost-Sensitive Support Vector Machine

Author

Listed:
  • Rendao Ye

    (School of Economics, Hangzhou Dianzi University, Hangzhou 310018, China)

  • Mengyao Yang

    (School of Economics, Hangzhou Dianzi University, Hangzhou 310018, China)

  • Peng Sun

    (School of Economics, Hangzhou Dianzi University, Hangzhou 310018, China)

Abstract

The traditional e-commerce business chain is being reconstructed around the content of short videos and live streams, and the interest e-commerce is thriving as a new trend in the e-commerce industry. Diversified content promotes the rapid development of interest e-commerce. For consumers, their preferences for different content reflect their consumption level to a certain extent. The purpose of this study is to accurately predict the purchasing power level with the consumer content preference, and provide new ideas for interest e-commerce business. In this paper, the new swarm intelligence algorithm is used to find the optimal misclassification cost, and three cost-sensitive models are established. On this basis, the content preference of interest e-commerce consumers is used to predict the level of purchasing power. The results show that the content preference of interest e-commerce consumers, such as “fashion”, “photography” and “interpretation”, have a significant effect on the prediction of purchasing power at the 95% confidence level. The accuracies of the optimized cost-sensitive support vector machine in predicting consumer purchasing power are all above 0.9, and the highest is 0.9792. This study effectively alleviates the problem that the classification results tend to be biased towards negative samples, especially when the imbalanced rate of the sample is high. It not only provides researchers with an efficient parameter optimization method, but also reflects the relationship between consumer content preference and purchasing power, providing data support for interest e-commerce operations.

Suggested Citation

  • Rendao Ye & Mengyao Yang & Peng Sun, 2023. "Consumer Purchasing Power Prediction of Interest E-Commerce Based on Cost-Sensitive Support Vector Machine," Sustainability, MDPI, vol. 15(20), pages 1-17, October.
  • Handle: RePEc:gam:jsusta:v:15:y:2023:i:20:p:14693-:d:1256892
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    References listed on IDEAS

    as
    1. Rana Muhammad Adnan & Hong-Liang Dai & Reham R. Mostafa & Kulwinder Singh Parmar & Salim Heddam & Ozgur Kisi, 2022. "Modeling Multistep Ahead Dissolved Oxygen Concentration Using Improved Support Vector Machines by a Hybrid Metaheuristic Algorithm," Sustainability, MDPI, vol. 14(6), pages 1-23, March.
    2. Weiwei Huo & Weier Li & Chao Sun & Qiang Ren & Guoqing Gong, 2022. "Research on Fuel Cell Fault Diagnosis Based on Genetic Algorithm Optimization of Support Vector Machine," Energies, MDPI, vol. 15(6), pages 1-15, March.
    3. Xiwen Cui & Shaojun E & Dongxiao Niu & Bosong Chen & Jiaqi Feng, 2021. "Forecasting of Carbon Emission in China Based on Gradient Boosting Decision Tree Optimized by Modified Whale Optimization Algorithm," Sustainability, MDPI, vol. 13(21), pages 1-18, November.
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