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The bang for the buck: fair competitive viral marketing from the host perspective

Published: 11 August 2013 Publication History

Abstract

The key algorithmic problem in viral marketing is to identify a set of influential users (called seeds) in a social network, who, when convinced to adopt a product, shall influence other users in the network, leading to a large number of adoptions. When two or more players compete with similar products on the same network we talk about competitive viral marketing, which so far has been studied exclusively from the perspective of one of the competing players.
In this paper we propose and study the novel problem of competitive viral marketing from the perspective of the host, i.e., the owner of the social network platform. The host sells viral marketing campaigns as a service to its customers, keeping control of the selection of seeds. Each company specifies its budget and the host allocates the seeds accordingly. From the host's perspective, it is important not only to choose the seeds to maximize the collective expected spread, but also to assign seeds to companies so that it guarantees the "bang for the buck" for all companies is nearly identical, which we formalize as the fair seed allocation problem.
We propose a new propagation model capturing the competitive nature of viral marketing. Our model is intuitive and retains the desired properties of monotonicity and submodularity. We show that the fair seed allocation problem is NP-hard, and develop an efficient algorithm called Needy Greedy. We run experiments on three real-world social networks, showing that our algorithm is effective and scalable.

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  • (2024)Fairness-Aware Competitive Bidding Influence Maximization in Social NetworksIEEE Transactions on Computational Social Systems10.1109/TCSS.2023.328560511:2(2147-2159)Online publication date: Apr-2024
  • (2024)Discovering Personalized Characteristic Communities in Attributed Graphs2024 IEEE 40th International Conference on Data Engineering (ICDE)10.1109/ICDE60146.2024.00221(2834-2847)Online publication date: 13-May-2024
  • (2024)Online Influence Maximization via an Explore-exploit Ensemble Approach2024 15th International Conference on Computing Communication and Networking Technologies (ICCCNT)10.1109/ICCCNT61001.2024.10725277(1-7)Online publication date: 24-Jun-2024
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    cover image ACM Conferences
    KDD '13: Proceedings of the 19th ACM SIGKDD international conference on Knowledge discovery and data mining
    August 2013
    1534 pages
    ISBN:9781450321747
    DOI:10.1145/2487575
    Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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    Publication History

    Published: 11 August 2013

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    Author Tags

    1. influence propagation
    2. social networks
    3. viral marketing

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    KDD '13 Paper Acceptance Rate 125 of 726 submissions, 17%;
    Overall Acceptance Rate 1,133 of 8,635 submissions, 13%

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    View all
    • (2024)Fairness-Aware Competitive Bidding Influence Maximization in Social NetworksIEEE Transactions on Computational Social Systems10.1109/TCSS.2023.328560511:2(2147-2159)Online publication date: Apr-2024
    • (2024)Discovering Personalized Characteristic Communities in Attributed Graphs2024 IEEE 40th International Conference on Data Engineering (ICDE)10.1109/ICDE60146.2024.00221(2834-2847)Online publication date: 13-May-2024
    • (2024)Online Influence Maximization via an Explore-exploit Ensemble Approach2024 15th International Conference on Computing Communication and Networking Technologies (ICCCNT)10.1109/ICCCNT61001.2024.10725277(1-7)Online publication date: 24-Jun-2024
    • (2024)Bibliometric and content analysis of viral marketing in marketing literatureCogent Business & Management10.1080/23311975.2024.236484711:1Online publication date: 18-Jun-2024
    • (2024)Order-Sensitive Competitive Revenue Maximization for Viral Marketing in Social NetworksInformation Sciences10.1016/j.ins.2024.121474(121474)Online publication date: Sep-2024
    • (2024)Neural attentive influence maximization model in social networks via reverse influence sampling on historical behavior sequencesExpert Systems with Applications10.1016/j.eswa.2024.123491249(123491)Online publication date: Sep-2024
    • (2024)Predictive Modeling Techniques of Social Dynamics in Multilayer Social Networks: A SurveySmart Systems: Innovations in Computing10.1007/978-981-97-3690-4_46(621-630)Online publication date: 30-Sep-2024
    • (2024)A Sample Reuse Strategy for Dynamic Influence Maximization ProblemBio-Inspired Computing: Theories and Applications10.1007/978-981-97-2275-4_9(107-120)Online publication date: 16-Apr-2024
    • (2023)Voting-based Opinion Maximization2023 IEEE 39th International Conference on Data Engineering (ICDE)10.1109/ICDE55515.2023.00048(544-557)Online publication date: Apr-2023
    • (2023)Dominant coverage for target users at the lowest cost under competitive propagation in social networksComputer Networks10.1016/j.comnet.2023.109693226(109693)Online publication date: May-2023
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