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	<title>Ryan Pitylak Viral Marketing &#187; Long Tail</title>
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		<title>The Long Tail and Viral Marketing by Ryan Pitylak</title>
		<link>http://viral.ryanpitylak.com/the-long-tail-and-viral-marketing-by-ryan-pitylak/</link>
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		<pubDate>Sun, 10 May 2009 02:42:58 +0000</pubDate>
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				<category><![CDATA[Ryan Pitylak]]></category>
		<category><![CDATA[Long Tail]]></category>

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		<description><![CDATA[Jure Leskovec and his associates write an article about the long tail and viral marketing.  They present an analysis of a person-to-person recommendation network, consisting of 4 million people who made 16 million recommendations on half a million products.
They observe the propagation of recommendations and the cascade sizes, which we explain by a simple stochastic [...]]]></description>
			<content:encoded><![CDATA[<p>Jure Leskovec and his associates write an article about the long tail and viral marketing.  They present an analysis of a person-to-person recommendation network, consisting of 4 million people who made 16 million recommendations on half a million products.</p>
<p>They observe the propagation of recommendations and the cascade sizes, which we explain by a simple stochastic model. They analyze how user behavior varies within user communities defined by a recommendation network. Product purchases follow a ‘long tail’ where a significant share of purchases belongs to rarely sold items.</p>
<p>They establish how the recommendation network grows over time and how effective it is from the viewpoint of the sender and receiver of the recommendations.</p>
<p>While on average recommendations are not very effective at inducing purchases and do not spread very far, they present a model that successfully identifies communities, product, and pricing categories for which viral marketing seems to be very effective.</p>
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