Abstract

Business to Business (B2B) marketing aims at meeting the needs of other businesses instead of individual consumers, and thus entails management of more complex business needs than consumer marketing. The buying processes of the business customers involve series of different marketing campaigns providing multifaceted information about the products or services. While most existing studies focus on individual consumers, little has been done to guide business customers due to the dynamic and complex nature of these business buying processes. To this end, in this paper, we focus on providing a unified view of social and temporal modeling for B2B marketing campaign recommendation. Along this line, we first exploit the temporal behavior patterns in the B2B buying processes and develop a marketing campaign recommender system. Specifically, we start with constructing a temporal graph as the knowledge representation of the buying process of each business customer. Temporal graph can effectively extract and integrate the campaign order preferences of individual business customers. It is also worth noting that our system is backward compatible since the participating frequency used in conventional static recommender systems is naturally embedded in our temporal graph. The campaign recommender is then built in a low-rank graph reconstruction framework based on probabilistic graphical models. Our framework can identify the common graph patterns and predict missing edges in the temporal graphs. In addition, since business customers very often have different decision makers from the same company, we also incorporate social factors, such as community relationships of the business customers, for further improving overall performances of the missing edge prediction and recommendation. Finally, we have performed extensive empirical studies on real-world B2B marketing data sets and the results show that the proposed method can effectively improve the quality of the campaign recommendations for challenging B2B marketing tasks.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.