Explorative multi-objective optimization of marketing campaigns for the fashion retail industry

被引:0
|
作者
Sundell, H. [1 ]
Lofstrom, T. [2 ]
Johansson, U. [2 ]
机构
[1] Univ Boras, Dept Informat Technol, Boras, Sweden
[2] Jonkoping Univ, Dept Comp Sci & Informat, Jonkoping, Sweden
关键词
Association rules; marketing; visualization; Pareto front;
D O I
暂无
中图分类号
TP18 [人工智能理论];
学科分类号
081104 ; 0812 ; 0835 ; 1405 ;
摘要
We show how an exploratory tool for association rule mining can be used for efficient multi-objective optimization of marketing campaigns for companies within the fashion retail industry. We have earlier designed and implemented a novel digital tool for mining of association rules from given basket data. The tool supports efficient finding of frequent itemsets over multiple hierarchies and interactive visualization of corresponding association rules together with numerical attributes. Normally when optimizing a marketing campaign, factors that cause an increased level of activation among the recipients could in fact reduce the profit, i.e., these factors need to be balanced, rather than optimized individually. Using the tool we can identify important factors that influence the search for an optimal campaign in respect to both activation and pro fit. We show empirical results from a real-world case-study using campaign data from a well-established company within the fashion retail industry, demonstrating how activation and profit can be simultaneously targeted, using computer-generated algorithms as well as human-controlled visualization.
引用
收藏
页码:1551 / 1558
页数:8
相关论文
共 50 条
  • [1] Robust order scheduling in the fashion industry: A multi-objective optimization approach
    Du, Wei
    Tang, Yang
    Leung, Sunney Yung Sun
    Tong, Le
    Vasilakos, Athanasios V.
    Qian, Feng
    arXiv, 2017,
  • [2] Predictive Modeling of Campaigns to Quantify Performance in Fashion Retail Industry
    Giri, Chandadevi
    Johansson, Ulf
    Lofstrom, Tuwe
    2019 IEEE INTERNATIONAL CONFERENCE ON BIG DATA (BIG DATA), 2019, : 2267 - 2273
  • [3] A new hybrid memetic multi-objective optimization algorithm for multi-objective optimization
    Luo, Jianping
    Yang, Yun
    Liu, Qiqi
    Li, Xia
    Chen, Minrong
    Gao, Kaizhou
    INFORMATION SCIENCES, 2018, 448 : 164 - 186
  • [4] Advanced concepts for multi-objective evolutionary optimization in aircraft industry
    Naujoks, B.
    Trautmann, H.
    Wessing, S.
    Weihs, C.
    PROCEEDINGS OF THE INSTITUTION OF MECHANICAL ENGINEERS PART G-JOURNAL OF AEROSPACE ENGINEERING, 2011, 225 (G10) : 1081 - 1096
  • [5] A multi-objective optimization approach for the blending problem in the tea industry
    Fomeni, Franklin Djeumou
    INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS, 2018, 205 : 179 - 192
  • [6] Industry choice for an airport economic zone by multi-objective optimization
    Wang, Dan
    Zhao, Xu
    Shen, Lixin
    Yang, Zhongzhen
    JOURNAL OF AIR TRANSPORT MANAGEMENT, 2020, 88
  • [7] Multi-objective evolution strategy for multimodal multi-objective optimization
    Zhang, Kai
    Chen, Minshi
    Xu, Xin
    Yen, Gary G.
    APPLIED SOFT COMPUTING, 2021, 101
  • [8] Modified Multi-Objective Particle Swarm Optimization Algorithm for Multi-objective Optimization Problems
    Qiao, Ying
    ADVANCES IN SWARM INTELLIGENCE, ICSI 2012, PT I, 2012, 7331 : 520 - 527
  • [9] Multi-objective boxing match algorithm for multi-objective optimization problems
    Tavakkoli-Moghaddam, Reza
    Akbari, Amir Hosein
    Tanhaeean, Mehrab
    Moghdani, Reza
    Gholian-Jouybari, Fatemeh
    Hajiaghaei-Keshteli, Mostafa
    EXPERT SYSTEMS WITH APPLICATIONS, 2024, 239
  • [10] Hyper multi-objective evolutionary algorithm for multi-objective optimization problems
    Guo, Weian
    Chen, Ming
    Wang, Lei
    Wu, Qidi
    SOFT COMPUTING, 2017, 21 (20) : 5883 - 5891