CFP last date
22 April 2024
Call for Paper
May Edition
IJCA solicits high quality original research papers for the upcoming May edition of the journal. The last date of research paper submission is 22 April 2024

Submit your paper
Know more
Reseach Article

Predictive Computational Model for Target Marketing using Social Network Analysis and Artificial Neural Network

by Shweta Gupta, Mohit Juneja, Devesh Batra
International Journal of Computer Applications
Foundation of Computer Science (FCS), NY, USA
Volume 74 - Number 21
Year of Publication: 2013
Authors: Shweta Gupta, Mohit Juneja, Devesh Batra
10.5120/13039-9811

Shweta Gupta, Mohit Juneja, Devesh Batra . Predictive Computational Model for Target Marketing using Social Network Analysis and Artificial Neural Network. International Journal of Computer Applications. 74, 21 ( July 2013), 1-5. DOI=10.5120/13039-9811

@article{ 10.5120/13039-9811,
author = { Shweta Gupta, Mohit Juneja, Devesh Batra },
title = { Predictive Computational Model for Target Marketing using Social Network Analysis and Artificial Neural Network },
journal = { International Journal of Computer Applications },
issue_date = { July 2013 },
volume = { 74 },
number = { 21 },
month = { July },
year = { 2013 },
issn = { 0975-8887 },
pages = { 1-5 },
numpages = {9},
url = { https://ijcaonline.org/archives/volume74/number21/13039-9811/ },
doi = { 10.5120/13039-9811 },
publisher = {Foundation of Computer Science (FCS), NY, USA},
address = {New York, USA}
}
%0 Journal Article
%1 2024-02-06T21:42:53.400729+05:30
%A Shweta Gupta
%A Mohit Juneja
%A Devesh Batra
%T Predictive Computational Model for Target Marketing using Social Network Analysis and Artificial Neural Network
%J International Journal of Computer Applications
%@ 0975-8887
%V 74
%N 21
%P 1-5
%D 2013
%I Foundation of Computer Science (FCS), NY, USA
Abstract

This paper proposes a design for development of predictive computational model for target marketing. Computational model comprises of social network analysis and soft computing techniques. Social network analysis uses community structure detection approach to partition the data. Walktrap algorithm is used for community detection because it gives better result concerning running time and quality of obtained community structure. Consequently, soft computing technique such as neural network is implemented to train the system. Finally, NARX model is used for the prediction of the trained system so that any new user can be assigned to his corresponding community. This research is important because it shows how online social networks enable marketers to provide more effective marketing strategies and increase the product acceptance rate.

References
  1. Miller McPherson, Lynn Smith-Lovin, and James M Cook. Birds of a feather: Homophily in social networks. Annual Review of Sociology.
  2. Artificial Neural Networks Ajith Abraham Oklahoma State University, Stillwater, OK, USA ,Handbook of Measuring System Design, edited by Peter H. Sydenham and Richard Thorn. 2005 John Wiley & Sons, Ltd. ISBN: 0-470-02143-8
  3. G. Grudnitski and A. Quang " Important factors in neural networks' forecast of gold futures prices," in Proc. Of the 4th International Conference of Neural networks in the Capital Market, 1996, pp-163-176.
  4. Wan-Shiou Yang et. al. Mining Social Networks for Targeted Advertising. IEEE, 2006. Proceedings of the 39th Hawaii International Conference on System Sciences.
  5. Pedro Domingos. Mining social networks for viral marketing. IEEE Interlligent Systems, 21(1):80{82, 2005.
  6. In?uence of Social Networks in Target Marketing Dept. of CIS - Senior Design 2009-2010 Aman Nalavade,Vanditha Srungavarapu,Lyle Ungar,Shawndra Hill ,Univ. of Pennsylvania, Philadelphia, PA
  7. Long-Term Time Series Prediction with the NARX Network: An Empirical Evaluation, Jose Maria P. Junior and Guilherme A. Barreto,2007.
  8. Selection of the Target Group based on Social Network, Przemys?aw Kazienko, Katarzyna Musia?, and Aleksander Zgrzywa,Institute of Applied Computer Science Wroc?aw University of Technology.
  9. Kazienko P. and Musia? K,. 2006, "Recommendation Framework for Online Social Networks", The 4th Atlantic Web Intelligence Conference, AWIC 2006, Studies in Computational Intelligence, Springer Verlag, 111 – 120.
  10. Wasserman, S. , Faust, K. , 1994, "Social network analysis: Methods and applications", Cambridge University Press, New York.
  11. Yang, W. S. , Dia, J. B. , Cheng, H. Ch. , Lin, H. T. , 2006, "Mining Social Networks for Targeted Marketing", 39th Hawaii International International Conference on Systems Science (HICSS-39 2006), IEEE Computer Society,2006.
Index Terms

Computer Science
Information Sciences

Keywords

Target marketing social network analysis Clustering Walktrap algorithm artificial neural network NARX model