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The dynamics of viral marketing

Published: 11 June 2006 Publication History

Abstract

We present an analysis of a person-to-person recommendation network, consisting of 4 million people who made 16 million recommendations on half a million products. We observe the propagation of recommendations and the cascade sizes, which we explain by a simple stochastic model. We then establish how the recommendation network grows over time and how effective it is from the viewpoint of the sender and receiver of the recommendations. While on average recommendations are not very effective at inducing purchases and do not spread very far, we present a model that successfully identifies product and pricing categories for which viral marketing seems to be very effective.

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    cover image ACM Conferences
    EC '06: Proceedings of the 7th ACM conference on Electronic commerce
    June 2006
    342 pages
    ISBN:1595932364
    DOI:10.1145/1134707
    Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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    New York, NY, United States

    Publication History

    Published: 11 June 2006

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    Author Tags

    1. E-commerce
    2. recommender systems
    3. viral marketing

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    EC06
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    EC06: ACM Conference on Electronic Commerce
    June 11 - 15, 2006
    Michigan, Ann Arbor, USA

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    Overall Acceptance Rate 664 of 2,389 submissions, 28%

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    Cited By

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    • (2024)Diffusion auction design with transaction costsAutonomous Agents and Multi-Agent Systems10.1007/s10458-023-09631-838:1Online publication date: 1-Jun-2024
    • (2023)Leveraging Minimum Nodes for Optimum Key Player Identification in Complex Networks: A Deep Reinforcement Learning Strategy with Structured Reward ShapingMathematics10.3390/math1117369011:17(3690)Online publication date: 28-Aug-2023
    • (2023)Parameterized complexity of multi-node hubsJournal of Computer and System Sciences10.1016/j.jcss.2022.08.001131(64-85)Online publication date: Feb-2023
    • (2023)Algorithms for Finding Influential People with Mixed Centrality in Social NetworksArabian Journal for Science and Engineering10.1007/s13369-023-07619-w48:8(10417-10428)Online publication date: 6-Feb-2023
    • (2022)Edge-Path Bundling: A Less Ambiguous Edge Bundling ApproachIEEE Transactions on Visualization and Computer Graphics10.1109/TVCG.2021.311479528:1(313-323)Online publication date: 1-Jan-2022
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    • (2022)Think globally, act locally: On the optimal seeding for nonsubmodular influence maximizationInformation and Computation10.1016/j.ic.2022.104919285(104919)Online publication date: May-2022
    • (2022)Diffusion auction designArtificial Intelligence10.1016/j.artint.2021.103631303:COnline publication date: 1-Feb-2022
    • (2022)An efficient discrete differential evolution algorithm based on community structure for influence maximizationApplied Intelligence10.1007/s10489-021-03021-x52:11(12497-12515)Online publication date: 1-Sep-2022
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