Unlike traditional retail, online marketplaces rely almost entirely on transactional and behavioral data to determine buyer credibility. Fraudulent accounts, repeated disputes, and inconsistent buyer behavior not only erode margins but also disrupt the overall ecosystem. As scale continues to rise, platforms require a more holistic, data-driven framework to measure trustworthiness, one that goes beyond narrow definitions and captures the full complexity of buyer behavior.
Problem Statement
The client, a leading global e-commerce company, aimed to strengthen its marketplace by developing a scalable framework to evaluate buyer trustworthiness. With millions of transactions occurring daily, they needed a reliable way to quantify buyer credibility, identify behavioral signals, and link trustworthiness to buyer ROI. Existing methods lacked the ability to generate accurate buyer-related hypotheses, evaluate credibility at scale, or create meaningful customer profiles. The lack of a definitive benchmark to measure buyer trustworthiness and feature impact made it difficult to validate outcomes, while limited historical data hindered efforts to establish baselines for buyer ROI. Furthermore, the narrow definition of trustworthiness in use did not fully capture the complexity of buyer behavior. The client required a robust, data-driven model that could overcome these limitations, deliver measurable trust scores, and provide actionable insights for managing buyer risk and optimizing ROI across their global marketplace.
Impact
- 35% reduction in fraud-related losses.
- ~5% improvement in seller retention.
- Reduced manual effort through fewer disputes and claim reviews.
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