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Marketing in a Random Network

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Network Control and Optimization (NET-COOP 2008)

Part of the book series: Lecture Notes in Computer Science ((LNCCN,volume 5425))

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Abstract

Viral marketing takes advantage of preexisting social networks among customers to achieve large changes in behaviour. Models of influence spread have been studied in a number of domains, including the effect of “word of mouth” in the promotion of new products or the diffusion of technologies. A social network can be represented by a graph where the nodes are individuals and the edges indicate a form of social relationship. The flow of influence through this network can be thought of as an increasing process of active nodes: as individuals become aware of new technologies, they have the potential to pass them on to their neighbours. The goal of marketing is to trigger a large cascade of adoptions. In this paper, we develop a mathematical model that allows to analyze the dynamics of the cascading sequence of nodes switching to the new technology. To this end we describe a continuous-time and a discrete-time models and analyse the proportion of nodes that adopt the new technology over time.

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Amini, H., Draief, M., Lelarge, M. (2009). Marketing in a Random Network. In: Altman, E., Chaintreau, A. (eds) Network Control and Optimization. NET-COOP 2008. Lecture Notes in Computer Science, vol 5425. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-00393-6_3

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  • DOI: https://doi.org/10.1007/978-3-642-00393-6_3

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-00392-9

  • Online ISBN: 978-3-642-00393-6

  • eBook Packages: Computer ScienceComputer Science (R0)

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