arXiv Machine Learning

Marginal Expected Revenue for Jointly Ranking Auction and Fixed-Price Listings in E-Commerce Sponsored Search

The paper extends the Expected Cost-per-Mille (eCPM) framework to handle auction and hybrid "Auction with Buy It Now" (ABIN) listings by deriving a marginal eCPM (meCPM) that captures the incremental value of showing an additional impression for items whose prices evolve dynamically. This unified ranking objective allows fixed-price, auction, and ABIN listings to be compared and ranked together. A production implementation was tested via online A/B experiments on a large e-commerce platform, yielding positive revenue gains and statistically significant improvements in user metrics, leading to deployment in production.

arXiv Machine Learning
Jul 31

PlatformBid: An Auto-Bidding Benchmark from a Unified Advertising Platform's Perspective

arXiv:2607. 27265v1 Announce Type: new Abstract: Real-time bidding is central to computational advertising, comprising three elements: Supply Side Platform (SSP) selling ad impressions, Demand Side Platform (DSP) bidding for advertisers, and Ad Exchange conducting auctions between them.

By Shengtian Yang, Yewen Li, Peng Jiang, Zhiyi Lyu, Bo An, Peng Jiang, Qingpeng Cai, Lei Feng
arXiv Computation and Language
Sep 1

LLP: LLM-Based Product Pricing in E-commerce

The paper introduces LLP, a Large Language Model–based generative framework for pricing second‑hand products on consumer‑to‑consumer platforms. LLP retrieves similar items to capture market dynamics, then uses LLMs to generate price suggestions, refined through supervised fine‑tuning and group relative policy optimization. A confidence‑based filter rejects unreliable predictions, and experiments show LLP outperforms prior methods, achieving higher static adoption rates when deployed on Xianyu.

By Hairu Wang, Sheng You, Qiheng Zhang, Xike Xie, Shuguang Han, Yuchen Wu, Fei Huang, Jufeng Chen
arXiv Machine Learning
Sep 1

E-Commerce Bench: Evaluating LLM Agents on Long-Horizon Autonomous Business Operation

E-Commerce Bench is an open‑source benchmark that simulates a year‑long e‑commerce operation, requiring LLM agents to manage multiple online stores, negotiate with suppliers, optimize sales, fulfill orders, handle returns, and manage cash flow. The environment uses real product and supplier data, a calendar of promotions and shocks, and deterministic customer and negotiation models to enable reproducible evaluation. The study evaluates 18 state‑of‑the‑art models across seven metrics, finding no single model dominates, with GPT‑5.6 Sol achieving the highest year‑end assets but lagging in fraud avoidance and operational efficiency.

By Wei Fan, Xinjie Shen, Xudong Guo, Jianhong Tu, Yang Su, Yinger Zhang, Lianghao Deng, Fengyu Wang, Baohua Dong, Yangqiu Song, Dayiheng Liu
arXiv Machine Learning
Jun 15

High-Frequency Pricing at Scale for E-Commerce

arXiv:2606. 13741v1 Announce Type: new Abstract: This paper presents the design, development, and implementation of a specialized forecast-then-optimize algorithmic pricing tool for sales campaigns in fashion e-commerce.

By Stefan Birr, Tobias Huelden, Mones Raslan, Adele Gouttes, Andreas Schmitt, Mateusz Koren, Johannes Stephan, Robert Streek, Manuel Kunz, Tim Januschowski
arXiv AI
Aug 24

One Hierarchy, Two Systems: Semantic Product IDs for Discovery-Surface Ranking and Search-Page Query Reformulation

The paper proposes a single hierarchical Semantic ID (SID) system to unify product identification across multiple merchants in e-commerce. By learning SID representations from product content, the authors demonstrate that ranking algorithms can aggregate consumer affinity and product performance over SID prefixes, improving offline relevance and online engagement. For query reformulation, SID concepts guide navigation and refinement, yielding better intent preservation and higher-quality suggestions compared to taxonomy or raw query transitions.

By Steven Xu, Sanjyot Thete, Saathvik Dirisala, Raghav Saboo, Nimesh Sinha, Leo Shao, Elyse Winer, Sudeep Das, Martin Wang, Kyle MacDonald
arXiv Machine Learning
Aug 27

DCEO: Direct Causal Effect Optimization for Long-Term User Value Modeling in E-commerce Search

The paper introduces DCEO, a data‑driven framework that learns item‑level proxy scores directly aligned with long‑term user objectives in e‑commerce search. It aggregates these scores into a user‑level metric, measures alignment via relative causal effect, and uses an actor‑critic model to generate context‑dependent fusion weights for multiple objectives. Offline experiments and a 41‑day online A/B test show DCEO improves GMV by 0.36% over traditional proxies.

By Junzhao Zhang, Tao Zhang, Liren Yu, Feiyi Dong, Zhixuan Zhang, Dan Ou, Haihong Tang
Hugging Face Trending Papers
Sep 17

UniPolicy: Unified Objective-Specific Policies for Generative Search Advertising

UniPolicy is a multi-policy alignment framework for search advertising that jointly optimizes relevance, click propensity, and commercial value. It uses objective-specific prefix tokens, sparse MoE-LoRA routing, and residual FFNs to decouple parameters within a shared backbone, and builds pairwise preferences from multi-stage behavioral feedback to improve generation. In large-scale offline tests and a 7‑day online A/B test, UniPolicy achieved balanced gains across metrics, boosting CTR by 0.71%, RPS by 1.58%, and revenue by 1.32% while keeping latency stable.

arXiv AI
Jun 26

AIGP: An LLM-Based Framework for Long-Term Value Alignment in E-Commerce Pricing

arXiv:2606. 26787v1 Announce Type: cross Abstract: Traditional dynamic pricing models in large-scale e-commerce suffer from limited interpretability, poor utilization of unstructured information, and misalignment with long-term business objectives such as cumulative Gross Merchandise Value (GMV), Return on Investment (ROI) and milestone achievement.

By Chennan Ma, Yanning Zhang, Siqi Hong, Xiuchong Wang, Fei Xiao, Keping Yang