DocumentCode :
3016464
Title :
Promoting products online using firefly algorithm
Author :
Banati, H. ; Bajaj, Mohit
Author_Institution :
Dyal Singh Coll., Univ. of Delhi, New Delhi, India
fYear :
2012
fDate :
27-29 Nov. 2012
Firstpage :
580
Lastpage :
585
Abstract :
Opinions on various products are often shared by web users through online social media. These opinions play an important role in decision making criterion for prospective customers. This sharing of experiences works as electronic -word of mouth (e-WOM) publicity for a product in the internet world. The paper presents a distinct e-marketing strategy that takes advantage of attraction mechanism of firefly algorithm along with quick spread behavior of e-WOM for market campaigning. Firefly algorithm is inspired by biochemical and social aspects of real fireflies. The proposed approach analysis the current trend of market in terms of relevant product features. The user interest towards those features is extracted by mining their opinions. Subsequently market segmentation is done by clustering similar users and best segment(s) is selected for product promotion. The strategy finally exploits the social connectedness among online users to identify the best initial seeds. Thus the proposed approach is capable of attracting the attention of a large span of web users by employing a small fraction of advertising budget and has a potential in current e-marketing scenario.
Keywords :
Internet; data mining; pattern clustering; promotion (marketing); social networking (online); Internet world; Web users; customer prospective; decision making criterion; e-WOM publicity; e-marketing scenario; e-marketing strategy; electronic-word of mouth; experience sharing; feature extraction; firefly algorithm; market campaigning; market segmentation; online product promotion; online social media; online users; opinion mining; product promotion; quick spread behavior; similar user clustering; Algorithm design and analysis; Clustering algorithms; Companies; Consumer electronics; Feature extraction; Internet; Linear programming; Firefly Algorithm; e-Marketing;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Intelligent Systems Design and Applications (ISDA), 2012 12th International Conference on
Conference_Location :
Kochi
ISSN :
2164-7143
Print_ISBN :
978-1-4673-5117-1
Type :
conf
DOI :
10.1109/ISDA.2012.6416602
Filename :
6416602
Link To Document :
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