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Conversion Rate Prediction Based on Text Readability Analysis of Landing Pages

Digital marketing has been extensively researched and developed remarkably rapidly over the last decade. Within this field, hundreds of scientific publications and patents have been produced, but the accuracy of prediction technologies leaves much to be desired. Conversion prediction remains a probl...

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Detalles Bibliográficos
Autores principales: Korniichuk, Ruslan, Boryczka, Mariusz
Formato: Online Artículo Texto
Lenguaje:English
Publicado: MDPI 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8621191/
https://www.ncbi.nlm.nih.gov/pubmed/34828087
http://dx.doi.org/10.3390/e23111388
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author Korniichuk, Ruslan
Boryczka, Mariusz
author_facet Korniichuk, Ruslan
Boryczka, Mariusz
author_sort Korniichuk, Ruslan
collection PubMed
description Digital marketing has been extensively researched and developed remarkably rapidly over the last decade. Within this field, hundreds of scientific publications and patents have been produced, but the accuracy of prediction technologies leaves much to be desired. Conversion prediction remains a problem for most marketing professionals. In this article, the authors, using a dataset containing landing pages content and their conversions, show that a detailed analysis of text readability is capable of predicting conversion rates. They identify specific features that directly affect conversion and show how marketing professionals can use the results of this work. In their experiments, the authors show that the applied machine learning approach can predict landing page conversion. They built five machine learning models. The accuracy of the built machine learning model using the SVM algorithm is promising for its implementation. Additionally, the interpretation of the results of this model was conducted using the SHAP package. Approximately 60% of purchases are made by nonmembers, and this paper may be suitable for the cold-start problem.
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spelling pubmed-86211912021-11-27 Conversion Rate Prediction Based on Text Readability Analysis of Landing Pages Korniichuk, Ruslan Boryczka, Mariusz Entropy (Basel) Article Digital marketing has been extensively researched and developed remarkably rapidly over the last decade. Within this field, hundreds of scientific publications and patents have been produced, but the accuracy of prediction technologies leaves much to be desired. Conversion prediction remains a problem for most marketing professionals. In this article, the authors, using a dataset containing landing pages content and their conversions, show that a detailed analysis of text readability is capable of predicting conversion rates. They identify specific features that directly affect conversion and show how marketing professionals can use the results of this work. In their experiments, the authors show that the applied machine learning approach can predict landing page conversion. They built five machine learning models. The accuracy of the built machine learning model using the SVM algorithm is promising for its implementation. Additionally, the interpretation of the results of this model was conducted using the SHAP package. Approximately 60% of purchases are made by nonmembers, and this paper may be suitable for the cold-start problem. MDPI 2021-10-23 /pmc/articles/PMC8621191/ /pubmed/34828087 http://dx.doi.org/10.3390/e23111388 Text en © 2021 by the authors. https://creativecommons.org/licenses/by/4.0/Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
spellingShingle Article
Korniichuk, Ruslan
Boryczka, Mariusz
Conversion Rate Prediction Based on Text Readability Analysis of Landing Pages
title Conversion Rate Prediction Based on Text Readability Analysis of Landing Pages
title_full Conversion Rate Prediction Based on Text Readability Analysis of Landing Pages
title_fullStr Conversion Rate Prediction Based on Text Readability Analysis of Landing Pages
title_full_unstemmed Conversion Rate Prediction Based on Text Readability Analysis of Landing Pages
title_short Conversion Rate Prediction Based on Text Readability Analysis of Landing Pages
title_sort conversion rate prediction based on text readability analysis of landing pages
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8621191/
https://www.ncbi.nlm.nih.gov/pubmed/34828087
http://dx.doi.org/10.3390/e23111388
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