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Assessing the ripple effects of viral marketing among users on the social network with trust and distrust metrics

Title
Assessing the ripple effects of viral marketing among users on the social network with trust and distrust metrics
Author
김용석
Keywords
Social network marketing; Knowledge scoreMatching coefficient; Jaccard coefficient; Web of trust; Web of distrust; Opinion leaders
Issue Date
2013-07
Publisher
Elsevier
Citation
Expert Systems with Applications, 2013, 40(9), p.3500-3511
Abstract
This study evaluates the influence of opinion leaders on other users in a social network and investigates the impact of the sizes of opinion leaders on the outcome of social network marketing (SNM) campaigns when trust and distrust relationships among users are considered. In particular, we assume that SNM managers utilize one of three trust metrics (knowledge score (KS), matching coefficient (MC), and Jaccard coefficient (JC)) to reflect the strength of trust relationships among users as well as to determine the outcome of SNM campaigns in terms of connected (i.e., who are exposed to marketing campaigns) and activated users (i.e., who actually purchase a product). Our experimental results indicate that while all three simple topological metrics such as in- and out-degree and hybrid measures of in- and out-degree are very useful to identify opinion leaders, the outcome of SNM campaigns with MC trust metric is heavily affected by out-degree and the outcomes of SNM campaigns with KS and JC metrics are much more affected by in-degree. It is also noted that the total numbers of connected and activated users increase as the size of opinion leaders grows, but the net numbers of connected and activated users start to decrease after a certain size of opinion leaders. The greatest impact of distrust relationships is observed in SNM campaigns based on JC followed by MC and KS. Therefore, if SNM managers consider distrust relationships critical to estimate the success of SNM campaigns or they like to under-estimate rather than over-estimate the reach of SNM campaigns, JC trust metric is the most appropriate metric than any other metrics due to its sensitiveness to the distrust relationships among users.
URI
https://www.sciencedirect.com/science/article/pii/S0957417412012997http://hdl.handle.net/20.500.11754/44056
ISSN
0957-4174
DOI
10.1016/j.eswa.2012.12.058
Appears in Collections:
GRADUATE SCHOOL OF BUSINESS[S](경영전문대학원) > BUSINESS ADMINISTRATION(경영학과) > Articles
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