Skip to main content

2020 | OriginalPaper | Buchkapitel

Machine Learning as an Efficient Tool to Support Marketing Decision-Making

verfasst von : Redouan Abakouy, El Mokhtar En-Naimi, Anass El Haddadi, Lotfi Elaachak

Erschienen in: Innovations in Smart Cities Applications Edition 3

Verlag: Springer International Publishing

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config
loading …

Abstract

Personalization and relevance have become more and more critical factors for all kind of media used in digital marketing. Email marketing which is the most used media in the field can be more effective if emails can reach the right customers at the right time. However, the use of data analytics technics and machine learning algorithms can help marketers to make a good decision about how to plan a successful campaign strategy based on legitimate predictive intelligence. In this paper, our research team will present several experiences in how to make a learning model, to predict the clicks of the targeted emails. The proposed model will be based on several features extracted from different campaigns and email recipients profiles. Then it will be established by using five Machine learning algorithms for classification including Decision tree, Bagging classifier, adaptive Boosting, Neural Network, Random Forest to choose which one of them is suitable to predict clicks rates according to several criteria like subject-lines, from-lines, device, offers and vertical.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 390 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Maschinenbau + Werkstoffe




 

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Literatur
1.
Zurück zum Zitat Sundsøy, P., Bjelland, J., Iqbal, A.M., Pentland, A.S., de Montjoye, Y.-A.: Big data-driven marketing: how machine learning outperforms marketers’ gut-feeling. In: Social Computing, Behavioral-Cultural Modeling & Prediction. Lecture Notes in Computer Science, vol. 8393, pp. 367–374 (2014). Ding, W., Marchionini, G.: A Study on Video Browsing Strategies. Technical report, University of Maryland at College Park (1997) Sundsøy, P., Bjelland, J., Iqbal, A.M., Pentland, A.S., de Montjoye, Y.-A.: Big data-driven marketing: how machine learning outperforms marketers’ gut-feeling. In: Social Computing, Behavioral-Cultural Modeling & Prediction. Lecture Notes in Computer Science, vol. 8393, pp. 367–374 (2014). Ding, W., Marchionini, G.: A Study on Video Browsing Strategies. Technical report, University of Maryland at College Park (1997)
2.
Zurück zum Zitat Fana, S., Laub, R.Y.K., Leon Zhaob, J.: Demystifying big data analytics for business intelligence through the lens of marketing mix. Big Data Res. 2, 28 (2015)CrossRef Fana, S., Laub, R.Y.K., Leon Zhaob, J.: Demystifying big data analytics for business intelligence through the lens of marketing mix. Big Data Res. 2, 28 (2015)CrossRef
3.
Zurück zum Zitat Erevelles, S., Fukawa, N., Swayne, L.: Big data consumer analytics and the transformation of marketing. J. Bus. Res. 69, 897–904 (2016)CrossRef Erevelles, S., Fukawa, N., Swayne, L.: Big data consumer analytics and the transformation of marketing. J. Bus. Res. 69, 897–904 (2016)CrossRef
4.
Zurück zum Zitat Monetate: Personalization Development Study (2017) Monetate: Personalization Development Study (2017)
5.
Zurück zum Zitat Lemberger, P., Batty, M., Morel, M., Raffaëlli, J.-L.: Big Data et Machine Learning (2015) Lemberger, P., Batty, M., Morel, M., Raffaëlli, J.-L.: Big Data et Machine Learning (2015)
6.
Zurück zum Zitat Adobe: Real-Time Marketing Insights Study (2013) Adobe: Real-Time Marketing Insights Study (2013)
7.
Zurück zum Zitat Experian: How today’s email marketers are connecting, engaging and inspiring their customers (2013) Experian: How today’s email marketers are connecting, engaging and inspiring their customers (2013)
9.
Zurück zum Zitat eMarketer: Personalization Sees Payoffs in Marketing Emails (2014) eMarketer: Personalization Sees Payoffs in Marketing Emails (2014)
10.
Zurück zum Zitat Luo, X., Nadanasabapathy, R., Zincir-Heywood, A.N., Gallant, K., Peduruge, J.: Predictive analysis on tracking emails for targeted marketing, vol. 9356, pp. 116–130. Springer International Publishing Switzerland (2015) Luo, X., Nadanasabapathy, R., Zincir-Heywood, A.N., Gallant, K., Peduruge, J.: Predictive analysis on tracking emails for targeted marketing, vol. 9356, pp. 116–130. Springer International Publishing Switzerland (2015)
11.
Zurück zum Zitat Andersson, M., Fredriksson, M., Berndt, A.: Open or delete: decision-makers’ attitudes towards e-mail marketing messages. Adv. Soc. Sci. Res. J. 1, 133–144 (2014) Andersson, M., Fredriksson, M., Berndt, A.: Open or delete: decision-makers’ attitudes towards e-mail marketing messages. Adv. Soc. Sci. Res. J. 1, 133–144 (2014)
12.
Zurück zum Zitat Wang, Y., Burgener, D., Flores, M., Kuzmanovic, A., Huang, C.: Towards street-level client-independent IP geolocation. In: Proceedings of the 8th USENIX Conference on Networked Systems Design and Implementation, pp. 365–379 (2011) Wang, Y., Burgener, D., Flores, M., Kuzmanovic, A., Huang, C.: Towards street-level client-independent IP geolocation. In: Proceedings of the 8th USENIX Conference on Networked Systems Design and Implementation, pp. 365–379 (2011)
13.
Zurück zum Zitat Eriksson, B., Barford, P., Maggs, B., Nowak, R.: Posit: a lightweight approach for IP geolocation. In: Newsletter ACM SIGMETRICS Performance Evaluation Review Archive, vol. 40, pp. 2–11 (2012) Eriksson, B., Barford, P., Maggs, B., Nowak, R.: Posit: a lightweight approach for IP geolocation. In: Newsletter ACM SIGMETRICS Performance Evaluation Review Archive, vol. 40, pp. 2–11 (2012)
14.
Zurück zum Zitat SendGrid: Email Deliverability Guide (2017) SendGrid: Email Deliverability Guide (2017)
15.
Zurück zum Zitat Badea, L.M.: Predicting consumer behavior with artificial neural networks. Procedia Econ. Finan. 15(2014), 238–246 (2014)CrossRef Badea, L.M.: Predicting consumer behavior with artificial neural networks. Procedia Econ. Finan. 15(2014), 238–246 (2014)CrossRef
16.
Zurück zum Zitat Experian: Ensure holiday emails reach the inbox (2014) Experian: Ensure holiday emails reach the inbox (2014)
17.
Zurück zum Zitat Return Path: Your Reputation Holds the Key to Deliverability (2008) Return Path: Your Reputation Holds the Key to Deliverability (2008)
18.
Zurück zum Zitat Chintagunta, P., Hanssens, D.M., Hauser, J.R.: Marketing science and big data. Mark. Sci. 35(3), 1–2 (2016). ISSN 0732-2399 (print) I ISSN 1526-548X (online)CrossRef Chintagunta, P., Hanssens, D.M., Hauser, J.R.: Marketing science and big data. Mark. Sci. 35(3), 1–2 (2016). ISSN 0732-2399 (print) I ISSN 1526-548X (online)CrossRef
20.
Zurück zum Zitat Gordini, N., Veglio, V.: Customers churn prediction and marketing retention strategies. An application of support vector machines based on the AUC parameter-selection technique in B2B e-commerce industry. Ind. Mark. Manag. 62, 100–107 (2017) Gordini, N., Veglio, V.: Customers churn prediction and marketing retention strategies. An application of support vector machines based on the AUC parameter-selection technique in B2B e-commerce industry. Ind. Mark. Manag. 62, 100–107 (2017)
21.
Zurück zum Zitat Balakrishnan, R., Parekh, R.: Learning to predict subject-line opens for large-scale email marketing. In: IEEE International Conference on Big Data 2014 Balakrishnan, R., Parekh, R.: Learning to predict subject-line opens for large-scale email marketing. In: IEEE International Conference on Big Data 2014
23.
Zurück zum Zitat Ładyżyński, P., Żbikowski, K., Gawrysiak, P.: Direct marketing campaigns in retail banking with the use of deep learning and random forests. Expert Syst. Appl. 134, 28–35 (2019)CrossRef Ładyżyński, P., Żbikowski, K., Gawrysiak, P.: Direct marketing campaigns in retail banking with the use of deep learning and random forests. Expert Syst. Appl. 134, 28–35 (2019)CrossRef
Metadaten
Titel
Machine Learning as an Efficient Tool to Support Marketing Decision-Making
verfasst von
Redouan Abakouy
El Mokhtar En-Naimi
Anass El Haddadi
Lotfi Elaachak
Copyright-Jahr
2020
DOI
https://doi.org/10.1007/978-3-030-37629-1_19

    Premium Partner