A Novel Data Mining Approach Leveraging Social Media to Monitor Consumer Opinion of Sitagliptin
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Description
In database marketing, data mining has been used extensively to find the optimal customer targets so as to maximize return on investment. In particular, using marketing campaign data, models are typically developed to identify characteristics of customers who are most likely to respond. While these models are helpful in identifying the likely responders, they may be targeting customers who have decided to take the desirable action or not regardless of whether they receive the campaign contact. Based on many years of business experience, the systems identify the appropriate business objective and its associated mathematical objective function. The system point out the current approach is not directly designed to solve the appropriate business objective. We then propose a new methodology to identify the customers whose decisions will be positively influenced by campaigns. A novel data mining method goal devised a two-step analysis framework. Initial exploratory analysis using self-organizing maps was performed to determine structures based on user opinions among the forum posts. The results were a compilation of user’s clusters and their correlated (positive or negative) opinion of the drug.
Tags: 2015, Application Project, Dotnet