Acquisition · Empirical predictive-modeling study. Phase 1 uses nearest neighbors from current customers; after noncustomer feedback, phase 2 compares logistic regression, decision trees, and neural networks; phase 3 combines models into a weighted prospect list.
Model-supported business-to-business prospect prediction based on an iterative customer acquisition framework
Industrial Marketing Management · 2013
Summary
The iterative framework produces a higher-than-average prospect-to-lead conversion in preliminary tests and can be implemented without human interaction in a web application.
For your marketing
Possible founder application
Use this study as a bounded example related to model-supported business-to-business prospect prediction based on an iterative customer acquisition framework; evaluate whether its customers, intervention and outcome match your own context.
Reported result
What the study found
The iterative framework produces a higher-than-average prospect-to-lead conversion in preliminary tests and can be implemented without human interaction in a web application.
Research question
What the authors investigated
What does model-supported business-to-business prospect prediction based on an iterative customer acquisition framework show about customer behavior or marketing outcomes?
Design
Empirical predictive-modeling study. Phase 1 uses nearest neighbors from current customers; after noncustomer feedback, phase 2 compares logistic regression, decision trees, and neural networks; phase 3 combines models into a weighted prospect list.
Sample and setting
Business-to-business customer-acquisition setting using customer-base information and feedback on companies that did not become customers; preliminary tests assess prospect-to-lead conversion quality.
Scope and transfer
Limitations to keep in view
The accessible publisher page indicates a limitations/further-research section but does not expose its full text; no additional limitation is asserted here. Full-text methods and correction history were not independently checked.
Research sources
Study metadata and reported results were cross-checked against a direct publisher-page retrieval; detailed full-text methods were not reviewed.