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Customer profiling, segmentation, and sales prediction using AI in direct marketing

مؤلف البحث
Mahmoud SalahEldin Kasem, Mohamed Hamada, Islam Taj-Eddin
تاريخ البحث
مستند البحث
مجلة البحث
Neural Computing and Applications
الناشر
Springer Nature
عدد البحث
36
موقع البحث
https://doi.org/10.1007/s00521-023-09339-6
سنة البحث
2024
صفحات البحث
4995-5005
ملخص البحث

In the current business environment, where the customer is the primary focus, effective communication between marketing and senior management is vital for success. Effective customer profiling is a cornerstone of strategic decision-making for digital start-ups seeking sustainable growth and customer satisfaction. This research investigates the clustering of customers based on recency, frequency, and monetary (RFM) analysis and employs validation metrics to derive optimal clusters. The K-means clustering algorithm, coupled with the Elbow method, Silhouette coefficient, and Gap Statistics
method, facilitates the identification of distinct customer segments. The study unveils three primary clusters with unique characteristics: new customers (Cluster A), best customers (Cluster B), and intermittent customers (Cluster C). For platform-based Edutech start-ups, Cluster A underscores the importance of tailored learning content and support, Cluster B emphasizes personalized incentives, and Cluster C suggests re-engagement strategies. By understanding and addressing the diverse needs of these clusters, digital start-ups can forge enduring connections, optimize customer engagement, and fuel
sustainable business growth.