Results In Exp.1 an average of 253 people in the population purchase the product, starting from 216 (t=0) and converging to 258 (Fig.2- a). The profit of the company for this scenario is found to be 152.89. Each individual is inBluenced by 41 other individuals on the average and 8 out of 41 are opinion leaders. The cumulative effect of promotion leads a few more consumers to purchase the product in the subsequent time steps, but after the 10th time step, no other consumers purchase the product. In Exp.2 when price of the product is decreased, in the initial time step, 270 consumers purchase the product and this number rises up to 310 in 20 time steps, 305 being the average (Fig.2-b). When the price of the product is decreased, more people purchase the product in the initial time step. Even though the initial number of buyers is higher compared to the benchmark experiment, after a period of time no more people purchase the product. This may be due to negative WOM buyers emit for the low quality product. In this scenario, the profit of the company decreases to 34.9. Although more people purchase the product, they purchase it for a lower price and the profit of the company decreases. An individual is inBluenced by 51 other individuals on the average. When the promotion intensity is increased (Exp.3), the number of buyers in the Birst time step increases to 369 (Fig.2-c). At the end of 20 time steps, the number of buyers reaches 465. In this setting, there is not enough positive WOM effect, so the number of buyers does not change after time step 8. Although the cost for the company is higher in this experiment setup, increased promotion has strong influence on stimulating consumers purchasing decision and contributes a significant amount to the company’s profit (292). In Exp.4, the company decides to improve quality characteristics of the product. Keeping all other parameters same as in the benchmark experiment, first product characteristic is changed from 0.4 to 0.7 and second product characteristic from 0.4 to 0.8. The initial number of buyers increases from 216 to 377 due to the inBluence of improved product characteristics, and profit increases