Social Contagion – An Empirical Comparison of Seeding Strategies for Viral Marketing
نویسندگان
چکیده
Seeding strategies have a major influence on the success of viral marketing campaigns, but previous studies using computer simulations and analytical models produced conflicting recommendations about the optimal seeding strategy. We therefore compare four different seeding strategies in two complementary small-scale field experiments as well as in one real-life viral marketing campaign that involved more than 200,000 customers of a mobile phone service provider. Our empirical results show that the best seeding strategies can be up to eight times more successful than other seeding strategies. Seeding to well-connected individuals is most successful. They are attractive seeding points for viral marketing campaigns because they are more likely participate, which contradicts a commonly made assumption in other studies. Well-connected individuals also actively make use of their higher reach but they do not do not have more influence on their peers than less-connected individuals.
منابع مشابه
Latent Viral Marketing, Concepts and Control Methods
Numerus works that study the spread of information in social networks include a spreading mechanism in which a set of nodes is initially infected (i.e. seeded), followed by a viral process, which spontaneously spread the message through the nodes of the network. These models are used to describe the spread of rumors as well as the spread of new products and services. In reality however, it is q...
متن کاملUncovering the Importance of Relationship Characteristics in Social Networks: Implications for Seeding Strategies
Seeding influential social network members is crucial for the success of a viral marketing campaign and product diffusion. In line with the assumption that connections between customers in social networks are binary (either present or absent), previous research has generally recommended seeding network members who are well-connected. However, the importance of connections between customers vari...
متن کاملModeling Viral Marketing Dynamics in Social Networks - Findings From Computational Experiments with Agent-Based Simulation Models
In this article, we provide a computational simulation model which offers alternative explanations on viral marketing campaign effectiveness compared to standard aggregate diffusion models by (1) combining individual preference information and heterogeneity among individuals as well as (2) simulating differing degrees of interconnectedness among individuals within social networks. Our model pro...
متن کاملEthical Challenges in Viral Marketing
Since the use of internet has been identified as a necessity in today’s world, businesses benefit from different aspects of this technology especially for marketing and advertisements so that the owners of businesses are searching for effective high speed and low costs ways of marketing such as viral marketing. Despite of its high efficiency and effectiveness, viral marketing creates various et...
متن کاملCan Friends Seed More Buzz and Adoption?
A critical element of word of mouth (WOM) marketing (aka buzz marketing) is to identify central actors with high degree in the social network to serve as seeds. However, seed identification typically requires data on the full network structure, which is often unavailable. We examine WOM seeding strategies motivated by the friendship paradox to get higher degree nodes without knowing network str...
متن کامل