A novel approach to segmentation using customer locations data and intelligent techniques

Başar Öztayşi*, Ugur Gokdere, Esra Nur Simsek, Ceren Salkin Oner

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

1 Citation (Scopus)

Abstract

Customer segmentation has been one of hottest topics of marketing efforts. The traditional sources of data used for segmentation are demographics, monetary value of transactions, types of product/service selected. Today, data gathered by location based services can also be used for customer segmentation. In this chapter a real world case study is summarized and the initial segmentation results are presented. As the application, data gathered from beacons sited in 4000 locations and Fuzzy c-means clustering algorithm are used. The steps of the application are as follows: (1) Categorization of the shops, (2) Summarization of the location data, (3) Applying fuzzy clustering technique, (4) Analyzing the results and profiling. Results show that customers' location data can provide a new perspective to customer segmentation.

Original languageEnglish
Title of host publicationHandbook of Research on Intelligent Techniques and Modeling Applications in Marketing Analytics
PublisherIGI Global
Pages22-39
Number of pages18
ISBN (Electronic)9781522509981
ISBN (Print)1522509976, 9781522509974
DOIs
Publication statusPublished - 25 Oct 2016

Bibliographical note

Publisher Copyright:
© 2017 by IGI Global. All rights reserved.

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