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Data-driven marketing: how machine learning will improve decision-making for marketers

Published: 02 October 2019 Publication History

Abstract

Email marketing is an effective channel in marketing strategies not only as a tool to increase brand visibility and brand awareness, but also as an excellent tool to help promote and sell. It will continue to be a critical channel for content marketers. Even with the advent of social media and networking platforms, email marketing still remains the most preferred channel for generating leads, informing and influencing customers.
In this paper, we present our experiences using a learning model on predicting the "click" and "conversion" of email-marketing. We present a comparative study on the most popular machine learning methods applied to the challenging problem of email marketing personalization. Subject and sender lines have a strong influence on click rates of the emails, as the customers often open and click emails based on the subject and the sender. We propose a method to aid the marketers by predicting subject-line click rates by learning from history of subject lines. In the first step of our experiences, all models were applied and evaluated by cross-validation. In the second step, the improvement of the performance offered by the boosting has been studied. In order to determine the most efficient parameter combinations we performed a series of simulations for each method and for a wide range of parameters. Our results demonstrate that it is possible to predict the rate for a targeted marketing email to be clicked or not.

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cover image ACM Other conferences
SCA '19: Proceedings of the 4th International Conference on Smart City Applications
October 2019
788 pages
ISBN:9781450362894
DOI:10.1145/3368756
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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Association for Computing Machinery

New York, NY, United States

Publication History

Published: 02 October 2019

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  1. machine learning
  2. marketing
  3. prediction

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  • (2024)The Evolution of Personalization From Traditional Marketing to AI ComputingAI for Large Scale Communication Networks10.4018/979-8-3693-6552-6.ch019(415-444)Online publication date: 25-Oct-2024
  • (2024)Digital Transformation in Customer Experience and BehaviorDigital Transformation Initiatives for Agile Marketing10.4018/979-8-3693-4466-8.ch010(251-274)Online publication date: 1-Nov-2024
  • (2024)Role of Data-Driven Marketing in Developing Lasting Customer RelationshipsData-Driven Marketing for Strategic Success10.4018/979-8-3693-3455-3.ch008(190-221)Online publication date: 12-Jul-2024
  • (2024)Data-Directed Marketing's Function in Building Durable Relationships With CustomersData-Driven Marketing for Strategic Success10.4018/979-8-3693-3455-3.ch005(123-147)Online publication date: 12-Jul-2024
  • (2024)Exploring the Intersection Between Data-Driven Marketing and EconomicsData-Driven Marketing for Strategic Success10.4018/979-8-3693-3455-3.ch003(73-100)Online publication date: 12-Jul-2024
  • (2024)The Future of Marketing: The Transformative Power of Artificial IntelligencePazarlamada Yapay Zekâ: Dönüştürücü Trendler ve Yapay Zekanın Dinamik EtkileşimiInternational Journal of Management and Administration10.29064/ijma.1412272Online publication date: 18-Feb-2024
  • (2024)Using Machine Learning for Shaping the Future of Advertising for Telco Industry in Indonesia2024 International Conference on ICT for Smart Society (ICISS)10.1109/ICISS62896.2024.10751645(1-8)Online publication date: 4-Sep-2024
  • (2024)Personalized Email Marketing: A Machine Learning Approach for Higher Engagement and Conversion Rates2024 Horizons of Information Technology and Engineering (HITE)10.1109/HITE63532.2024.10777251(1-6)Online publication date: 15-Oct-2024
  • (2022)A Novel Approach for Send Time Prediction on Email MarketingApplied Sciences10.3390/app1216831012:16(8310)Online publication date: 19-Aug-2022
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