TY - GEN
T1 - Deep Journey Hierarchical Attention Networks for Conversion Predictions in Digital Marketing
AU - Ban, Girim
AU - Yun, Hyeonseok
AU - Lee, Banseok
AU - Sung, David
AU - Woo, Simon S.
N1 - Publisher Copyright:
© 2024 ACM.
PY - 2024/10/21
Y1 - 2024/10/21
N2 - In digital marketing, precise audience targeting is crucial for campaign efficiency. However, digital marketing agencies often struggle with incomplete user profiles and interaction details from Advertising Identifier (ADID) data in user behavior modeling. To address this, we introduce the Deep Journey Hierarchical Attention Networks (DJHAN). This novel method enhances conversion predictions by leveraging heterogeneous action sequences associated with ADIDs and encapsulating these interactions into structured journeys. These journeys are hierarchically aggregated to effectively represent ADID's behavioral attributes. Moreover, DJHAN incorporates three specialized attention mechanisms: temporal attention for time-sensitive contexts, action attention for emphasizing key behaviors, and journety attention for highlighting influential journeys in the purchase conversion process. Emprically, DJHAN surpasses state-of-the-art (SOTA) models across three diverse datasets, including real-world data from NasMedia, a leading media representative in Asia. In backtesting simulations with three advertisers, DJHAN outperforms existing baselines, achieving the highest improvements in Conversion Rate (CVR) and Return on Ad Spend (ROAS) across three advertisers, demonstrating its practical potential in digital marketing.
AB - In digital marketing, precise audience targeting is crucial for campaign efficiency. However, digital marketing agencies often struggle with incomplete user profiles and interaction details from Advertising Identifier (ADID) data in user behavior modeling. To address this, we introduce the Deep Journey Hierarchical Attention Networks (DJHAN). This novel method enhances conversion predictions by leveraging heterogeneous action sequences associated with ADIDs and encapsulating these interactions into structured journeys. These journeys are hierarchically aggregated to effectively represent ADID's behavioral attributes. Moreover, DJHAN incorporates three specialized attention mechanisms: temporal attention for time-sensitive contexts, action attention for emphasizing key behaviors, and journety attention for highlighting influential journeys in the purchase conversion process. Emprically, DJHAN surpasses state-of-the-art (SOTA) models across three diverse datasets, including real-world data from NasMedia, a leading media representative in Asia. In backtesting simulations with three advertisers, DJHAN outperforms existing baselines, achieving the highest improvements in Conversion Rate (CVR) and Return on Ad Spend (ROAS) across three advertisers, demonstrating its practical potential in digital marketing.
KW - advertising
KW - audience targeting
KW - conversion prediction
KW - digital marketing
KW - user behavior modeling
UR - https://www.scopus.com/pages/publications/85209996242
U2 - 10.1145/3627673.3680066
DO - 10.1145/3627673.3680066
M3 - Conference contribution
AN - SCOPUS:85209996242
T3 - International Conference on Information and Knowledge Management, Proceedings
SP - 4358
EP - 4365
BT - CIKM 2024 - Proceedings of the 33rd ACM International Conference on Information and Knowledge Management
PB - Association for Computing Machinery
T2 - 33rd ACM International Conference on Information and Knowledge Management, CIKM 2024
Y2 - 21 October 2024 through 25 October 2024
ER -