Aggregator websites of Electronic gadgets listings decide if they want to pick a particular listing from an e-commerce website and display on their own website. Selection of the right items to list is essential to customers selecting products for purchase, therefore leading to higher revenues.
Currently Mom & Pop Stores do not have much insight into the price changes of electronic
products. This information is useful for the stores to plan for inventory purchases prior to the
price increases and generate profits on the products due to the increased price. Currently, this
decision to buy is based on intuition and there is no real science or reasoning behind it.
Prosper.com is an online peer-to-peer lending system for borrowing money and investing in loans
through an open and transparent auction model. Prosper.com borrowers create credit profiles
containing information lenders can review before determining whether to invest or not in a
borrower. Even with this information, one challenge Prosper.com lenders face is being able to
Prosper is the world's largest peer-to-peer lending marketplace, with more than 1,020,000 members and over $213 million in funded loans. Borrowers’ list loan requests between $2,000 and $25,000 and individual lenders invest as little as $25 in each loan listing they select. It rates all the borrowers’ and using those ratings lenders decide if and how much they want to invest.
The goal of this project was to build a model for determining factors affecting the transaction of an eBay auction for golf balls. The model is aimed at helping sellers on eBay of how to increase their conversion rate (percentage of transacted auctions)
Vliegtarieven.nl is an online booking agency for air tickets. The project goal is to determine the factors affecting online customers' intention of returning to Vliegtarieven.nl to purchase airline tickets, based on a large survey of their customers (we thank Prof Otto Koppius from RSM Erasmus for sharing the data and problem)