New approach clustering algorithm for customer segmentation in automobile retailer industry

Journal Title: International Research Journal of Applied and Basic Sciences - Year 2012, Vol 3, Issue 7

Abstract

This research presents a new method for automatic customer segmentation based on usage behavior, without using a human specialist. In addition, the research focuses on profiling customers and finding a relation between the profile and the segments. The customer segments were constructed by applying modified Gustafson-Kessel clustering algorithm. The customer’s profile was based on personal information of the customers. A novel Support Vector Machines was used to estimate the segment of a customer based on his profile.To demonstrate the efficiency of the proposed method, this work performs an empirical study of a Nissan automobile retailer to segment over 5000 customers. This led to solutions for the customer segmentation with six segments.

Authors and Affiliations

Seyed Reza Bahari Saravi| M.S. Student of Industrial engineering, Amirkabir University of Technology, Tehran, Iran,arezohamzei@yahoo.com

Keywords

Related Articles

Relationship between self efficacies and achievement motivation with potential for substance abuse in student

This study aimed to assess the relationship between self-efficacy and achievement motivation with the students tendency to drug abuse.This study is descriptive and correlation type. From Imam Khomeini International Unive...

A Comparison of the Volition among Relation- Oriented Managers and Task-Oriented Managers with Regard to Gender

The objective of this study was to compare the volition of task-oriented managers and relation-oriented managers with regard to their gender. The statistical population consisted of 385 managers (principals) from Ardebil...

A Legal Analysis of the Supervision of the Supreme Court on the President in Iranian Political System

In dynamic system of checks and balances of various legal structures, three powers review each other aiming equilibrium. Although judiciary treats its influence on legislature and executive body through judgeship, its ap...

Domed Roofs for Better Energy Efficient Architecture; Experimental Validation of Wind Pressures on a Hemispherical Dome

This paper is to measure wind velocity on dome in case of old houses of Isfahan and Kashan in Iran. To analyze wind velocity, the pressure coefficient for zero and ninety degrees angles were calculated separately for tho...

E- learning Effectiveness in Higher Education

Human society past behind profound changes which is not only observed in technology and instruments and environment but also concepts and life principles are gradually changed and life basic concepts from work concept to...

Download PDF file
  • EP ID EP5064
  • DOI -
  • Views 433
  • Downloads 20

How To Cite

Seyed Reza Bahari Saravi (2012). New approach clustering algorithm for customer segmentation in automobile retailer industry. International Research Journal of Applied and Basic Sciences, 3(7), 1437-1442. https://europub.co.uk./articles/-A-5064