TrueCar, Inc.
SYSTEMS AND METHODS FOR DETERMINING LIFETIME VALUE OF WEBSITE VISITOR THROUGH MACHINE LEARNING
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Abstract:
A vehicle data system receives a lead submission through a website supported by the vehicle data system and determines, utilizing a machine learning model, a user value for a lead associated with the lead submission. The user value represents a probability of the lead purchasing a vehicle from a dealer through the website. The vehicle data system determines a user lifetime value for the lead based at least on the user value for the lead. Subsequently, the vehicle data system obtains clickstream identifiers from a search engine and assigns a corresponding user lifetime value to each clickstream identifier. The vehicle data system aggregates the clickstream identifiers and corresponding user lifetime values in a single file and communicates the single file to a search server for consumption. The user lifetime values are utilized by the search engine in search engine marketing processes.
Utility
30 Dec 2021
30 Jun 2022