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Author:Cui, G.
Wong, M. L.
Title:Implementing neural networks for decision support in direct marketing
Journal:International Journal of Market Research
2004 : VOL. 46:2, p. 235-254
Index terms:DIRECT SELLING
NEURAL NETWORKS
Language:eng
Abstract:Various methods is developed to model consumer responses to direct marketing. A general approach is to use logistic regression to classify consumers based on their probability to purchase from a specific promotion. The Bayesian approach to learning neural networks has been introduced to minimise over-fitting. Bayesian approach is also proved to be viable alternative to modelling consumer responses to direct marketing.
SCIMA record nr: 255123
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