One method of viral marketing involves seeding certain consumers within a population to encourage faster adoption of the product throughout the entire population. However, determining how many and which consumers within a particular social network should be seeded to maximize adoption is challenging. We define a strategy space for consumer seeding by weighting a combination of network characteristics such as average path length, clustering coefficient, and degree. We measure strategy effectiveness by simulating adoption on a Bass-like agent-based model, with five different social network structures: four classic theoretical models (random, lattice, small-world, and preferential attachment) and one empirical (extracted from Twitter friendship data). To discover good seeding strategies, we have developed a new tool, called BehaviorSearch, which uses genetic algorithms to search through the parameter-space of agent-based models. This evolutionary search also provides insight into the interaction between strategies and network structure. Our results show that one simple strategy (ranking by node degree) is near-optimal for the four theoretical networks, but that a more nuanced strategy performs significantly better on the empirical Twitter-based network. We also find a correlation between the optimal seeding budget for a network, and the inequality of the degree distribution.
%0 Conference Paper
%1 Stonedahl:2010:EVM:1830483.1830701
%A Stonedahl, Forrest
%A Rand, William
%A Wilensky, Uri
%B Proceedings of the 12th annual conference on Genetic and evolutionary computation
%C New York, NY, USA
%D 2010
%I ACM
%K marketing om09 strategies viral
%P 1195--1202
%R 10.1145/1830483.1830701
%T Evolving viral marketing strategies
%U http://doi.acm.org/10.1145/1830483.1830701
%X One method of viral marketing involves seeding certain consumers within a population to encourage faster adoption of the product throughout the entire population. However, determining how many and which consumers within a particular social network should be seeded to maximize adoption is challenging. We define a strategy space for consumer seeding by weighting a combination of network characteristics such as average path length, clustering coefficient, and degree. We measure strategy effectiveness by simulating adoption on a Bass-like agent-based model, with five different social network structures: four classic theoretical models (random, lattice, small-world, and preferential attachment) and one empirical (extracted from Twitter friendship data). To discover good seeding strategies, we have developed a new tool, called BehaviorSearch, which uses genetic algorithms to search through the parameter-space of agent-based models. This evolutionary search also provides insight into the interaction between strategies and network structure. Our results show that one simple strategy (ranking by node degree) is near-optimal for the four theoretical networks, but that a more nuanced strategy performs significantly better on the empirical Twitter-based network. We also find a correlation between the optimal seeding budget for a network, and the inequality of the degree distribution.
%@ 978-1-4503-0072-8
@inproceedings{Stonedahl:2010:EVM:1830483.1830701,
abstract = {One method of viral marketing involves seeding certain consumers within a population to encourage faster adoption of the product throughout the entire population. However, determining how many and which consumers within a particular social network should be seeded to maximize adoption is challenging. We define a strategy space for consumer seeding by weighting a combination of network characteristics such as average path length, clustering coefficient, and degree. We measure strategy effectiveness by simulating adoption on a Bass-like agent-based model, with five different social network structures: four classic theoretical models (random, lattice, small-world, and preferential attachment) and one empirical (extracted from Twitter friendship data). To discover good seeding strategies, we have developed a new tool, called BehaviorSearch, which uses genetic algorithms to search through the parameter-space of agent-based models. This evolutionary search also provides insight into the interaction between strategies and network structure. Our results show that one simple strategy (ranking by node degree) is near-optimal for the four theoretical networks, but that a more nuanced strategy performs significantly better on the empirical Twitter-based network. We also find a correlation between the optimal seeding budget for a network, and the inequality of the degree distribution.},
acmid = {1830701},
added-at = {2011-11-02T13:17:47.000+0100},
address = {New York, NY, USA},
author = {Stonedahl, Forrest and Rand, William and Wilensky, Uri},
biburl = {https://www.bibsonomy.org/bibtex/26d750769a4ddf013052267b1e31ea2c7/griesbau},
booktitle = {Proceedings of the 12th annual conference on Genetic and evolutionary computation},
description = {Evolving viral marketing strategies},
doi = {10.1145/1830483.1830701},
interhash = {cb8de7d2a491efee6ad8d3a9e66667af},
intrahash = {6d750769a4ddf013052267b1e31ea2c7},
isbn = {978-1-4503-0072-8},
keywords = {marketing om09 strategies viral},
location = {Portland, Oregon, USA},
numpages = {8},
pages = {1195--1202},
publisher = {ACM},
series = {GECCO '10},
timestamp = {2011-11-02T13:17:47.000+0100},
title = {Evolving viral marketing strategies},
url = {http://doi.acm.org/10.1145/1830483.1830701},
year = 2010
}