Using Word2Vec recommendation for improved purchase prediction

Purchase prediction can help e-commerce planners plan their stock and personalised offers. Word2Vec is a well-known method to explore word relations in sentences for sentiment analysing by creating vector representation of words. Word2Vec models are used in many works for product recommendations. In this paper, we analyse the effect of item similarities in the sessions in purchase prediction performance. We choose the items from different position of the session, and we derive recommendations from selected items using Word2Vec model. We assess the similarities between items by analysing the number of common recommendations of selected items. We train classification algorithms after we include similarity calculations of the selected items as session features. Computational experiments show that using similarity values of the interacted items in the session improves the performance of purchase prediction in terms of F1 score.