Back to Search Start Over

Combining visual customer segmentation and response modeling.

Authors :
Yao, Zhiyuan
Sarlin, Peter
Eklund, Tomas
Back, Barbro
Source :
Neural Computing & Applications. Jul2014, Vol. 25 Issue 1, p123-134. 12p.
Publication Year :
2014

Abstract

Customer relationship management is a central part of Business Intelligence, and sales campaigns are often used for improving customer relationships. This paper uses advanced analytics to explore customer behavior during sales campaigns. We provide a visual, data-driven and efficient framework for customer-segmentation and campaign-response modeling. First, the customers are grouped by purchasing behavior characteristics using a self-organizing map. To this behavioral segmentation model, we link segment-migration patterns using feature plane representations. This enables visual monitoring of the customer base and tracking customer behavior before and during sales campaigns. In addition to the general segment-migration patterns, this method provides the capability to drill down into each segment to visually explore the dynamics. The framework is applied to a department store chain with more than 1 million customers. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
09410643
Volume :
25
Issue :
1
Database :
Academic Search Index
Journal :
Neural Computing & Applications
Publication Type :
Academic Journal
Accession number :
96444527
Full Text :
https://doi.org/10.1007/s00521-013-1454-3