Valuing an Engagement Surface using a Large Scale Dynamic Causal Model

With recent rapid growth in online shopping, AI-powered Engagement Surfaces (ES) have become ubiquitous across retail services. These engagement surfaces perform an increasing range of functions, including recommending new products for purchase, reminding customers of their orders and providing deli...

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Bibliographic Details
Published in:arXiv.org 2024-08
Main Authors: Mukerji, Abhimanyu, More, Sushant, Ashwin Viswanathan Kannan, Lakshmi, Ravi, Chen, Hua, Kohli, Naman, Khawand, Chris, Mandalapu, Dinesh
Format: Article
Language:English
Subjects:
Customers
Electronic commerce
Online Access:Get full text
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Summary:With recent rapid growth in online shopping, AI-powered Engagement Surfaces (ES) have become ubiquitous across retail services. These engagement surfaces perform an increasing range of functions, including recommending new products for purchase, reminding customers of their orders and providing delivery notifications. Understanding the causal effect of engagement surfaces on value driven for customers and businesses remains an open scientific question. In this paper, we develop a dynamic causal model at scale to disentangle value attributable to an ES, and to assess its effectiveness. We demonstrate the application of this model to inform business decision-making by understanding returns on investment in the ES, and identifying product lines and features where the ES adds the most value.
ISSN:2331-8422