• DocumentCode
    3106549
  • Title

    Direct Marketing When There Are Voluntary Buyers

  • Author

    Lai, Yi-Ting ; Wang, Ke ; Ling, Daymond ; Shi, Hua ; Zhang, Jason

  • Author_Institution
    Simon Fraser Univ., Burnaby, BC
  • fYear
    2006
  • fDate
    18-22 Dec. 2006
  • Firstpage
    922
  • Lastpage
    927
  • Abstract
    In traditional direct marketing, the implicit assumption is that customers will only purchase the product if they are contacted. In real business environments, however, there are "voluntary buyers, " who will still make the purchase in the absence of a contact. While no direct promotion is needed for voluntary buyers, the traditional response-driven paradigm tends to target such customers. This paper presents "influential marketing, " targeting only those whose purchase decisions can be positively influenced, i.e. buyers who are non-voluntary. Our novel, practical solution to this problem gives promising results.
  • Keywords
    consumer behaviour; learning (artificial intelligence); business environment; direct marketing; influential marketing; purchase decisions; response-driven paradigm; voluntary buyers; Business; Costs; Data mining; Loans and mortgages; Postal services; Telephony;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Data Mining, 2006. ICDM '06. Sixth International Conference on
  • Conference_Location
    Hong Kong
  • ISSN
    1550-4786
  • Print_ISBN
    0-7695-2701-7
  • Type

    conf

  • DOI
    10.1109/ICDM.2006.54
  • Filename
    4053128