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
Link To Document :
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