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Assessing the Predictive Performance of Machine Learning in Direct Marketing Response 评估机器学习在直接营销响应中的预测性能
Pub Date : 2023-04-07 DOI: 10.4018/ijebr.321458
Youngkeun Choi, Jae W. Choi
This paper intends to better understand the pre-exercise of modeling for direct marketing response prediction and assess the predictive performance of machine learning. For this, the authors are using a machine learning technique in a dataset of direct marketing, which is available at IBM Watson Analytics in the IBM community. In the results, first, among all variables, customer lifetime value, coverage, employment status, income, marital status, monthly premium auto, months since last claim, months since policy inception, renew offer type, and the total claim amount is shown to influence direct marketing response. However, others have no significance. Second, for the full model, the accuracy rate is 0.864, which implies that the error rate is 0.136. Among the patients who predicted not having a direct marketing response, the accuracy that would not have a direct marketing response was 87.23%, and the accuracy that had a direct marketing response was 66.34% among the patients predicted to have a direct marketing response.
本文旨在更好地理解直接营销响应预测建模的预练习,并评估机器学习的预测性能。为此,作者在直接营销数据集中使用了机器学习技术,该数据集可在IBM社区的IBM沃森分析中获得。结果表明:首先,在所有变量中,客户终身价值、覆盖范围、就业状况、收入、婚姻状况、月保费、最后一次理赔月数、保单生效月数、续保类型、理赔总额对直销反应有显著影响。然而,其他的没有意义。其次,对于完整模型,准确率为0.864,这意味着错误率为0.136。预测无直接营销反应的患者中,预测无直接营销反应的准确率为87.23%,预测有直接营销反应的患者中,预测有直接营销反应的准确率为66.34%。
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引用次数: 0
Ways to Implement Effective Product Placement on YouTube 如何在YouTube上实施有效的产品植入
Pub Date : 2023-03-22 DOI: 10.4018/ijebr.320232
Wanmo Koo
In line with marketers' growing use of product placement on YouTube, this study investigates elements of YouTube product placement that can ultimately affect viewers' purchase intention based on the theory of reasoned action framework. Structural equation modeling of data collected from 355 usable respondents demonstrates that three core elements of YouTube product placement affect attitudes toward brands which, in turn, affect purchase intention: relevance of a brand to a YouTuber's content, trustworthiness of the YouTuber, and favorability of the community on the YouTuber channel. The study also provides implications for marketers based on the findings.
鉴于营销人员越来越多地在YouTube上使用植入式广告,本研究基于理性行为框架理论,调查了YouTube植入式广告中最终影响观众购买意愿的因素。从355名可用受访者中收集的数据结构方程模型表明,YouTube植入式广告的三个核心要素影响对品牌的态度,进而影响购买意愿:品牌与YouTuber内容的相关性,YouTuber的可信度,以及YouTuber频道上社区的好感度。该研究还为营销人员提供了基于研究结果的启示。
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引用次数: 0
Prediction and Analysis of Customer Complaints Using Machine Learning Techniques 使用机器学习技术预测和分析客户投诉
Pub Date : 2023-03-10 DOI: 10.4018/ijebr.319716
G. Alarifi, Mst Farjana Rahman, Md. Shamim Hossain
Businesses must prioritize customer complaints because they highlight critical areas where their products or services may be improved. The goal of this study is to use machine learning approaches to anticipate and evaluate customer complaint data. The current study used logistic regression and support vector machine (SVM) to predict customer complaints, and evaluated the datasets using machine learning techniques after collecting five distinct length datasets from the Consumer Financial Protection Bureau (CFPB) website and cleaning the data. Both logistic regression and SVM can accurately predict customer complaints, according to this study, but SVM gives the greatest accuracy. The current study also found that SVM provides the highest accuracy for a one-month dataset and Logistic regression provides for a three-month dataset. In addition, machine learning codes were utilized to display and tabulate consumer complaints across many dimensions.
企业必须优先考虑客户的投诉,因为他们强调了他们的产品或服务可以改进的关键领域。本研究的目的是使用机器学习方法来预测和评估客户投诉数据。目前的研究使用逻辑回归和支持向量机(SVM)来预测客户投诉,并在从消费者金融保护局(CFPB)网站收集五个不同长度的数据集并清理数据后,使用机器学习技术对数据集进行评估。根据本研究,logistic回归和SVM都能准确预测顾客投诉,但SVM的准确率最高。目前的研究还发现,支持向量机为一个月的数据集提供了最高的准确性,逻辑回归为三个月的数据集提供了最高的准确性。此外,机器学习代码被用于在多个维度上显示和制表消费者投诉。
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引用次数: 0
Reaching for the "Cloud": The Case of an SME in a Developing Economy 走向“云”:发展中经济体中的中小企业案例
Pub Date : 2023-03-09 DOI: 10.4018/ijebr.319324
Eric Ansong, S. Boateng
Cloud computing adoption and utilization is gaining prominence in most developing countries. Its adoption is influenced by several factors, which can constitute a limitation rather than an advantage for firms. This research, therefore, explored the issues surrounding the adoption of cloud computing by small and medium-sized enterprises (SMEs) in a developing economy. An SME operating in Ghana for over five years was purposively selected as the case for the study. Technology-organization-environment (TOE) framework served as a guiding lens. Interviews were held with selected staff of the case firm. Data were analyzed using the Miles and Huberman's transcendental realism technique. It was discovered that the motivation for cloud computing adoption is the possibility of getting a state-of-the-art IT infrastructure at the lowest cost possible. The study presents the factors that influenced cloud computing adoption in the SME. The study contributes to improving the present understanding of cloud computing as an SME's strategic tool for operating within a developing economy.
云计算的采用和利用在大多数发展中国家日益突出。它的采用受到几个因素的影响,这些因素对公司来说可能构成限制而不是优势。因此,本研究探讨了发展中经济体中中小型企业(SMEs)采用云计算的问题。有意选择在加纳经营五年以上的中小企业作为研究案例。技术-组织-环境(TOE)框架起到了指导作用。与案件事务所选定的工作人员进行了面谈。数据分析采用迈尔斯和休伯曼的先验现实主义技术。人们发现,采用云计算的动机是以尽可能低的成本获得最先进的It基础设施的可能性。本研究提出了影响中小企业采用云计算的因素。该研究有助于提高目前对云计算作为中小企业在发展中经济体中运营的战略工具的理解。
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引用次数: 1
The Influence of Social Marketing Drives on Customer Satisfaction via Demographic Variables as Moderating Factors 以人口统计变量为调节因子的社会营销驱动对顾客满意的影响
Pub Date : 2023-03-03 DOI: 10.4018/ijebr.319325
R. Al-Dmour, H. Al-dmour, Eatedalameen Ahmadamin
The purpose of this study is to examine the effect of social media marketing tactics—such as advantageous campaigns, relevant content, popular content, and presence on multiple platforms—on customer satisfaction in travel and tourism offices in Jordan. The study also explores how demographic variables like age, sex, education, and income influence this relationship. The results confirmed that social media marketing drives are positively related to customer satisfaction. The findings showed that all the drives—advantageous campaigns, relevant content, popular content, and presence on multiple social media platforms—have a significant impact on customer satisfaction. The results also suggest that demographic variables like age, sex, education, and income moderate the relationship between social media marketing drives and customer satisfaction, implying that the effect of these drives on customer satisfaction may vary based on demographic factors.
本研究的目的是考察社交媒体营销策略(如优势活动、相关内容、流行内容和在多个平台上的存在)对约旦旅游办事处客户满意度的影响。该研究还探讨了年龄、性别、教育程度和收入等人口统计变量如何影响这种关系。结果证实,社交媒体营销驱动力与客户满意度呈正相关。研究结果表明,所有的驱动因素——有利的活动、相关的内容、受欢迎的内容以及在多个社交媒体平台上的存在——都对客户满意度产生了重大影响。研究结果还表明,年龄、性别、教育程度和收入等人口统计变量调节了社交媒体营销驱动力和客户满意度之间的关系,这意味着这些驱动力对客户满意度的影响可能会因人口统计因素而异。
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引用次数: 0
FinTech Adoption in Palestine : Bank Customers' Perspectives 金融科技在巴勒斯坦的应用:银行客户的观点
Pub Date : 2023-02-24 DOI: 10.4018/ijebr.318662
B. Awwad
This study aimed to investigate the extent to which financial technology (Fintech) is adopted in Palestine from the perspective of bank customers. The researcher meant to analyze various, significant dimensions such the barriers, advantages, components and risks of adopting the (Fintech). The study adopted a descriptive-analytical approach using a questionnaire as a main tool for the study. The study population consisted of bank clients or customers; and a sample of (500) customers of the most important Palestinian banks was selected randomly. The study concluded that the level of total adoption of financial technology in Palestine is medium; the main findings of the study also showed a high relative significance of both the barriers and risks of using Fintech, especially with regard to the preference of traditional banking operations or transactions over the use of electronic services due to the absence of clear laws and legislations that aim to protect banking transactions and dealings using electronic services. Furthermore, the study results showed that the relative importance of the advantages and components of (Fintech) has decreased despite the reduction in transaction costs by exempting electronic banking services from any commissions and / or fees. With regard to the demographic variables, the researcher found that there were no differences in the adoption of financial (Fintech) in Palestine that could be attributed to participants' gender, age or the bank they work for, while there were differences attributed to the variables of the city in which the bank is located and educational level of the study participants. The study concluded with several recommendations; the most important of which was the need for banks and bank administrations to enhance their customers' confidence in electronic banking services by providing an adequate technical infrastructure for the adoption and use of financial technology in Palestine.
本研究旨在从银行客户的角度调查巴勒斯坦采用金融技术(Fintech)的程度。研究人员打算分析各种重要的维度,如采用金融科技的障碍、优势、组成部分和风险。本研究采用描述性分析方法,以问卷调查为主要研究工具。研究人群包括银行客户或顾客;并随机抽取了巴勒斯坦最重要银行的500名客户样本。研究得出结论:巴勒斯坦金融技术的总体采用水平为中等;该研究的主要发现还表明,使用金融科技的障碍和风险都具有较高的相对重要性,特别是由于缺乏旨在保护银行交易和使用电子服务进行交易的明确法律和立法,传统银行业务或交易优于使用电子服务。此外,研究结果表明,尽管通过免除电子银行服务的任何佣金和/或费用而降低了交易成本,但(金融科技)优势和组成部分的相对重要性有所下降。在人口变量方面,研究人员发现巴勒斯坦的金融(Fintech)采用没有差异,这可以归因于参与者的性别,年龄或他们工作的银行,而银行所在城市的变量和研究参与者的教育水平则存在差异。这项研究最后提出了几项建议;其中最重要的是,银行和银行管理部门需要为巴勒斯坦采用和使用金融技术提供适当的技术基础设施,从而增强客户对电子银行服务的信心。
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引用次数: 0
Consumers' Digital Shopping Experience: A Study of the Factors Influencing Purchase Decision 消费者数字购物体验:影响购买决策的因素研究
Pub Date : 2023-02-24 DOI: 10.4018/ijebr.318475
C. Patro
Digital shopping has been the most imperious facet of e-retailing, and it has become an essential part of consumers' lifestyles. Besides the various advantages offered to digital shoppers, there are certain difficulties faced by them while making an online purchase. Therefore, it is significant to identify the factors influencing the consumer's purchase decision in the digital shopping context. The study empirically investigates the association of various factors related to consumers digital shopping experience on the purchase decision. The results reveal that the seven factors—website aesthetics, accessibility, trust, price offerings, security, delivery, and quality—have a positive association with consumer digital purchase decision. The findings will help the online traders to understand the satisfaction experienced by the consumers in the digital shopping context and develop strategies to attract new consumers and retain existing ones.
数字购物已经成为电子零售最重要的方面,它已经成为消费者生活方式的重要组成部分。除了提供给数字购物者的各种优势之外,他们在网上购物时也面临着一些困难。因此,识别数字购物环境下影响消费者购买决策的因素具有重要意义。本研究实证调查了与消费者数字购物体验相关的各种因素对购买决策的影响。结果显示,网站美观、可访问性、信任、价格、安全性、交付和质量这七个因素与消费者的数字购买决策呈正相关。研究结果将有助于在线商家了解消费者在数字购物环境下的满意度,并制定吸引新消费者和保留现有消费者的策略。
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引用次数: 0
A Policy Rate Channel Testing of Monetary Policy Transmission Mechanism 货币政策传导机制的政策利率通道检验
Pub Date : 2023-02-10 DOI: 10.4018/ijebr.317887
F. Malik, Deepanjali Das, L. Janjua, H. Adam
Against the backdrop of invariant financial and economic reforms, there are presumptive changes in the confines and speed with which target variables respond to Reserve Bank of India (RBI) policy signals. The result of transmission lags from monetary policy to the real sector is unmistakable. The empirical approach used in this study is a natural progression from the VAR model videlicet, co-integration, and error correction techniques used to overcome the problem of spurious regression associated with non-stationary time-series data. After a shock induces disequilibrium, the speed and degree of adjustment return to a balanced state but with some time lag. The results indicate that in the two-step verification model, it takes approximately 2.851 months for WACMR to fully respond to a change in policy rates, whereas in the second step, it takes approximately 10.33 months for base rates to reach their complete pass-through following changes in call money market and deposit rates.
在金融和经济改革不变的背景下,目标变量对印度储备银行(RBI)政策信号的响应范围和速度可能会发生变化。从货币政策到实体部门的传导滞后的结果是不容置疑的。本研究中使用的经验方法是VAR模型、小波、协整和误差校正技术的自然进展,用于克服与非平稳时间序列数据相关的伪回归问题。在一次冲击引起不平衡后,调整的速度和程度恢复到平衡状态,但有一定的时间滞后。结果表明,在两步验证模型中,WACMR对政策利率变化的完全响应大约需要2.851个月,而在第二步验证模型中,随着隔夜货币市场和存款利率的变化,基本利率达到完全传递大约需要10.33个月。
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引用次数: 0
Social Media Usage: A Comparison Between Generation Y and Generation Z in India 社交媒体使用:印度Y世代和Z世代的比较
Pub Date : 2023-02-10 DOI: 10.4018/ijebr.317889
Girish Mude, Swapnil Undale
Social media is an important part of young generations' digital lives and has become much more than a social connection tool. This research offers comprehensions into usage of social media among Gen Y and Gen Z and investigates the usage of social media's features such as socialization, information, entertainment, education, and shopping. Various previous studies are available which attempted to investigate the usage of social media by Gen Z and Gen Y independently. This study is the first that attempted to compare the usage between Gen Z and Gen Y. This is an empirical study comprising 293 respondents from Gen Y and Gen Z, who were selected purposively. The findings suggest that Gen Z use social media more than Gen Y for education, entertainment, shopping, and socialization whereas social media usage of both the generations for information seeking are equal. This study offers recommendations for companies from India to consider incorporating social media marketing actions to encourage their brands and products to specific age groups.
社交媒体是年轻一代数字生活的重要组成部分,已经不仅仅是一种社交联系工具。这项研究提供了对Y世代和Z世代使用社交媒体的理解,并调查了社交媒体的社交、信息、娱乐、教育和购物等功能的使用情况。之前有很多研究试图独立调查Z世代和Y世代对社交媒体的使用情况。本研究首次尝试比较Z世代和Y世代的使用情况。这是一项实证研究,包括293名Y世代和Z世代的受访者,他们是有目的的选择。研究结果表明,Z世代比Y世代更多地在教育、娱乐、购物和社交方面使用社交媒体,而两代人在获取信息方面使用社交媒体的情况是一样的。这项研究为印度的公司提供了建议,可以考虑将社交媒体营销活动纳入其中,以鼓励他们的品牌和产品进入特定的年龄群体。
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引用次数: 157
AI-Based Sales Forecasting Model for Digital Marketing 基于人工智能的数字营销销售预测模型
Pub Date : 2023-02-10 DOI: 10.4018/ijebr.317888
Biswajit Biswas, M. Sanyal, Tuhin Mukherjee
Sales prediction with minute accuracy plays a crucial role for an organization to sustain amidst the global competitive business environment. The use of artificial intelligence (AI) on top of the existing information technology environment has become one of the most exciting and promising area for any organizations in the current era of digital marketing. E-marketing provides customers to share their views with other customers. In this paper, the authors proposed a model which will be helpful to the digital marketers to find out the potential customers to extract value from customer feedback. The proposed model is based on artificial neural network and will make it possible to identify the customer demand depending on previous feedback and to predict the future sales volume of the product. The authors tried to utilize AI, mainly neural networks (NNs), to construct an intelligent sales prediction and also to apply ANNs for prediction regarding sales of mobile phone (Redmi, Note 6 Pro) one month ahead depending on customer feedback on two e-commerce platform, namely Amazon.in and Snapdeal.in.
准确的销售预测对于一个组织在全球竞争激烈的商业环境中维持至关重要的作用。在现有的信息技术环境之上使用人工智能(AI)已经成为当今数字营销时代任何组织最令人兴奋和最有前途的领域之一。网络营销为客户提供了与其他客户分享意见的机会。在本文中,作者提出了一个有助于数字营销人员发现潜在客户并从客户反馈中提取价值的模型。该模型基于人工神经网络,可以根据之前的反馈来识别客户需求,并预测产品的未来销量。作者试图利用人工智能,主要是神经网络(NNs)来构建智能销售预测,并根据两个电子商务平台,即亚马逊的客户反馈,应用人工智能预测一个月前手机(红米,Note 6 Pro)的销售情况。in和snapdeal in。
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引用次数: 2
期刊
Int. J. E Bus. Res.
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