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- Publisher Website: 10.1109/ICCNC.2019.8685629
- Scopus: eid_2-s2.0-85064972394
- WOS: WOS:000469493200046
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Conference Paper: Incentive Marketing Strategy under Multi-state Diffusion Model in Online Social Networks
Title | Incentive Marketing Strategy under Multi-state Diffusion Model in Online Social Networks |
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Authors | |
Keywords | Incentive Online Social Network Revenue Maximization |
Issue Date | 2019 |
Publisher | IEEE. The Journal's web site is located at http://ieeexplore.ieee.org/xpl/conhome.jsp?punumber=1800963 |
Citation | 2019 International Conference on Computing, Networking and Communications (ICNC), Honolulu, HI, USA, 18-21 February 2019 , p. 245-249 How to Cite? |
Abstract | In online social networks, customers can share their experience and hence spread advertisement through social links, enabling viral marketing. By using online social networks, sellers can design advertisement strategies to reach more potential customers. An effective marketing strategy is able to provide a method to monetize the social network and has attracted much attention in the research community. However, most existing research based on the influence maximization problem focus on how to select the seed node set in the beginning and neglect how the price and rewards in the marketing strategy can influence the diffusion process. In this paper, we study how to design an incentive strategy in the online social network and explain how the incentive strategy influences the diffusion. We also propose a framework which incorporates a multi-state diffusion model. People's purchasing behavior, which may be influenced by the rewards received in the incentive marketing strategy is divided into different states in the diffusion model. People in different states have different influence power. Simulations are performed to illustrate our framework and show that the incentive marketing strategy performs well in activating more people and achieving more revenue. |
Persistent Identifier | http://hdl.handle.net/10722/277811 |
ISSN | |
ISI Accession Number ID |
DC Field | Value | Language |
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dc.contributor.author | Li, Y | - |
dc.contributor.author | Li, VOK | - |
dc.date.accessioned | 2019-10-04T08:01:49Z | - |
dc.date.available | 2019-10-04T08:01:49Z | - |
dc.date.issued | 2019 | - |
dc.identifier.citation | 2019 International Conference on Computing, Networking and Communications (ICNC), Honolulu, HI, USA, 18-21 February 2019 , p. 245-249 | - |
dc.identifier.issn | 2325-2626 | - |
dc.identifier.uri | http://hdl.handle.net/10722/277811 | - |
dc.description.abstract | In online social networks, customers can share their experience and hence spread advertisement through social links, enabling viral marketing. By using online social networks, sellers can design advertisement strategies to reach more potential customers. An effective marketing strategy is able to provide a method to monetize the social network and has attracted much attention in the research community. However, most existing research based on the influence maximization problem focus on how to select the seed node set in the beginning and neglect how the price and rewards in the marketing strategy can influence the diffusion process. In this paper, we study how to design an incentive strategy in the online social network and explain how the incentive strategy influences the diffusion. We also propose a framework which incorporates a multi-state diffusion model. People's purchasing behavior, which may be influenced by the rewards received in the incentive marketing strategy is divided into different states in the diffusion model. People in different states have different influence power. Simulations are performed to illustrate our framework and show that the incentive marketing strategy performs well in activating more people and achieving more revenue. | - |
dc.language | eng | - |
dc.publisher | IEEE. The Journal's web site is located at http://ieeexplore.ieee.org/xpl/conhome.jsp?punumber=1800963 | - |
dc.relation.ispartof | International Conference on Computing, Networking and Communications (ICNC) | - |
dc.rights | International Conference on Computing, Networking and Communications (ICNC). Copyright © IEEE. | - |
dc.rights | ©2019 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works. | - |
dc.subject | Incentive | - |
dc.subject | Online Social Network | - |
dc.subject | Revenue Maximization | - |
dc.title | Incentive Marketing Strategy under Multi-state Diffusion Model in Online Social Networks | - |
dc.type | Conference_Paper | - |
dc.identifier.email | Li, VOK: vli@eee.hku.hk | - |
dc.identifier.authority | Li, VOK=rp00150 | - |
dc.identifier.doi | 10.1109/ICCNC.2019.8685629 | - |
dc.identifier.scopus | eid_2-s2.0-85064972394 | - |
dc.identifier.hkuros | 306525 | - |
dc.identifier.spage | 245 | - |
dc.identifier.epage | 249 | - |
dc.identifier.isi | WOS:000469493200046 | - |
dc.publisher.place | United States | - |
dc.identifier.issnl | 2325-2626 | - |