Purchase Prediction from Social Media. Methodology, Limitations & Potentials

Langue : anglais

Edité par GRIN Verlag Aug 2015, 2015

3668031703 / 9783668031708

Vendeur : BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, AllemagneBuchWeltWeit Ludwig Meier e.K.

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A propos de cet article

This item is printed on demand - it takes 3-4 days longer - Neuware -Seminar paper from the year 2014 in the subject Communications - Public Relations, Advertising, Marketing, Social Media, grade: 1.3, University of Heidelberg (Computer Science), course: Seminar - Social Media Network Analysis, language: English, abstract: With a predicted volume of EUR439.7Bn in 2014 in Germany alone, the retail market bears large potential for generating additional revenues from marketing. With the decreasing effectiveness of classical marketing and even relatively new phenomena like online ads it becomes more and more important to find new ways to recommend products to customers. In e-commerce it is generally easier to target specific audiences by for example selecting ad spaces according to thematically fitting web pages.The fundamental difference to classical marketing approaches is the availability of data about the respective customer. Currently the most common approach is to mine frequent item sets from the purchase history of the customer population and recommend products to customers based on what other customers bought. In order to obtain more specific product predictions for a particular customer, more data about the respective customer is needed. It seems like a natural choice to dig for data in the rich pool of data generated by each customer himself by assessing their respective actions and content generated, especially on social media websites. The available data there is much more user specific than general purchasing behaviors of user groups and can potentially lead to very precise predictions about what the user is interested in and will buy.This paper first gives a brief overview over the development and research conducted on social media recommendation and behavior of online shoppers in general. Then the work of Y. Zhang and M. Pennacchiotti is presented. Finally, several possibilities for subsequent research based on previous work and the work of Zhang and Pennacchiotti are presented. Since the work presented in this paper is very foundational, some emphasis is put on the outlook in order to underline the relevance of Zhang's and Pennacchiotti's work. 24 pp. Englisch.…

N° de réf. du vendeur 9783668031708

Titre
Purchase Prediction from Social Media. Methodology, Limitations & Potentials
Auteur
Philipp Güth
Éditeur
GRIN Verlag Aug 2015
Année de publication
2015
État de l'article
Neu
Reliure
Taschenbuch
Langue
anglais
ISBN à 10 chiffres
3668031703
ISBN à 13 chiffres
9783668031708
Poids de l'article
51 grammes
Dimensions
210x148x3 mm

BuchWeltWeit Ludwig Meier e.K.

Bergisch Gladbach, Allemagne

Vendeur avec une évaluation de 5 étoiles

Vendeur AbeBooks depuis 11 janvier 2012

Frais d'expédition de Allemagne vers Etats-Unis

Article5 à 15 jours ouvrés5 à 15 jours ouvrés
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BuchWeltWeit Ludwig Meier e.K.

Allemagne