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  • The aim of the article is to introduce a new mathematical model of viral marketing and its software implementation VIRAMARK. The model consists of a number of messages sent by a messenger to a set of target groups, a number of target groups, retransmission coefficients among groups, time period, weights of target groups and a (floor) utility function, which enables to express an impact (a revenue) of viral marketing under different configurations of models inputs. Within models framework several different viral marketing optimization problems are formulated and solved with the use of VIRAMARK, a free MS Excel add-in. Presented optimization model of viral marketing can aid and support a successful advertising campaign, and also it enables simulation of marketing outcomes under different conditions. The use of the model is illustrated by examples.
  • The aim of the article is to introduce a new mathematical model of viral marketing and its software implementation VIRAMARK. The model consists of a number of messages sent by a messenger to a set of target groups, a number of target groups, retransmission coefficients among groups, time period, weights of target groups and a (floor) utility function, which enables to express an impact (a revenue) of viral marketing under different configurations of models inputs. Within models framework several different viral marketing optimization problems are formulated and solved with the use of VIRAMARK, a free MS Excel add-in. Presented optimization model of viral marketing can aid and support a successful advertising campaign, and also it enables simulation of marketing outcomes under different conditions. The use of the model is illustrated by examples. (en)
Title
  • Mathematical Modeling and Optimization of Viral Marketing
  • Mathematical Modeling and Optimization of Viral Marketing (en)
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  • Mathematical Modeling and Optimization of Viral Marketing
  • Mathematical Modeling and Optimization of Viral Marketing (en)
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  • RIV/47813059:19520/13:#0002183!RIV14-GA0-19520___
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  • P(GA402/09/0405)
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  • 86587
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  • RIV/47813059:19520/13:#0002183
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  • mathematical modeling; model, optimization; viral marketing (en)
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  • [72C86885965E]
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  • Jihlava
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  • Jihlava
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  • Proceedings of the 31st International Conference on Mathematical Methods in Economics 2013
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  • MAZUREK, Jiří
  • PERZINA, Radomír
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number of pages
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  • Vysoká škola polytechnická Jihlava
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  • 978-80-87035-76-4
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  • 19520
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