Ozcelik, Erdal (2024) Analysing the Role of AI-powered Recommender Systems in Enhancing Customer Engagement in Online Marketplaces: Developing A Product Recommendation System. Masters thesis, Dublin, National College of Ireland.
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Abstract
The objective of this research project is to examine the influence of AI-driven recommender systems on customer engagement in online marketplaces. The primary focus lies on collaborative filtering methods and hybrid recommender systems, which seamlessly integrate collaborative filtering with natural language processing techniques. Utilizing the Amazon Sales Dataset sourced from Kaggle, the study endeavours to construct and analyse these recommendation systems. The project also conducts a survey to evaluate the effectiveness of these systems, using criteria such as relevance, diversity, satisfaction, and visual appeal. In addition to the technical aspects, delving into the broader implications of AI-powered Recommender Systems on customer engagement. This is achieved through a comprehensive review of related works and literature, exploring their functionality, principles, and impact on customer loyalty. Moreover, the research identifies the key factors contributing to the effectiveness of these systems while also addressing associated ethical issues. In essence, this project provides a comprehensive exploration of AI-driven recommender systems, their construction, evaluation, and broader implications within the context of online marketplaces.
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