Affiliation:
1. The Pennsylvania State University
2. Academia Sinica, Taipei, Taiwan
Abstract
Business-location planning, critical to the success of many businesses, can be addressed by the reverse nearest neighbors (RNN) query using geographical proximity to the customers as the main metric to find a store location close to many customers. Nevertheless, we argue that other marketing factors, such as social influence, could be considered in the process of business-location planning. In this article, we propose a framework for business-location planning that takes into account both factors of
geographical proximity
and
social influence
. An essential task in this framework is to compute the “influence spread” of RNNs for candidate locations. Here, the influence spread refers to the number of people influenced via the word-of-mouth effect. To alleviate the excessive computational overhead and long latency in the framework, we trade storage overhead for processing speed by precomputing and storing the social influence between pairs of customers. Based on
Targeted Region (TR)-Oriented
and
RNN-Oriented
processing strategies, we develop two suites of algorithms that incorporate various efficient pruning and segmentation techniques to enhance our framework. Experiments validate our ideas and evaluate the efficiency of the proposed algorithms over various parameter settings. The experimental results show that (a) TR-oriented and RNN-oriented processing are feasible for supporting the task of location planning; (b) RNN-oriented processing is more efficient than TR-oriented processing; and (c) the optimization technique that we developed significantly improves the efficiency of RNN-oriented and TR-oriented processing.
Publisher
Association for Computing Machinery (ACM)
Subject
Discrete Mathematics and Combinatorics,Geometry and Topology,Computer Science Applications,Modelling and Simulation,Information Systems,Signal Processing
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