DocumentCode :
1787087
Title :
MPAC: Maximizing Product Adoption considering the profitability of communities
Author :
Vadoodparast, Milad ; Taghiyareh, Fattaneh ; Erfanifar, Vahid
Author_Institution :
Sch. of Electr. & Comput. Eng., Univ. of Tehran, Tehran, Iran
fYear :
2014
fDate :
9-11 Sept. 2014
Firstpage :
550
Lastpage :
555
Abstract :
Maximizing product adoption in viral marketing is the task of choosing a small set of seed nodes in a social network so that by their approval to adopt the product, they influence others and lead to large number of adoptions. In this paper, a special case is investigated in which nodes, because of their potential profitability, are not of the same importance to the sales manager. We assign importance weight values to the communities of nodes that are most likely to share the same characteristics and are of the same importance to the seeker of seed nodes. We define MPAC, Maximizing Product Adoption considering the profitability of Communities that is the problem of selecting seed nodes such that the spread of influence results in maximum profit. This is done by activating nodes residing within weighted communities which worth the cost of activating. Three algorithms are proposed to solve MPAC. Our empirical studies on an online social network consisted of 23628 nodes show that one of them outperforms the others by the overall profits gained and as more as the weighting method assigns larger values to small communities, the proposed algorithm performs better.
Keywords :
marketing; profitability; social networking (online); MPAC; maximizing product adoption considering the profitability of communities; online social network; sales manager; seed nodes; viral marketing; weighting method; Communities; Detection algorithms; Diffusion processes; Educational institutions; Partitioning algorithms; Profitability; Social network services; community detection; customer profitability; influence maximization; product adoption; viral marketing;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Telecommunications (IST), 2014 7th International Symposium on
Conference_Location :
Tehran
Print_ISBN :
978-1-4799-5358-5
Type :
conf
DOI :
10.1109/ISTEL.2014.7000765
Filename :
7000765
Link To Document :
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