ML Based Recommendation System for Marketplace: 5 Proven Ways to Grow Your Profits - Greenice

"When you think about recommending something to someone, there's a real business reason why you might want to do that." Machine learning recommendation systems are not just a trendy feature of online stores. It is a mighty tool that can propel your business to the next level, if used strategically. No wonder Jack Chua suggests always having "a great tie-in to the underlying KPI of what you want to drive". If you're still hesitating on how exactly to use recommendations to invigorate your business, we invite you to learn from the experience of those who already made it work brilliantly! We collected the best examples of machine learning implementation in recommenders (including our own development projects) and explain in plain English how to build a machine learning recommender systems from scratch. Okay, let's start with a short quiz. Try to remember as many types of recommendation systems as you can.