Araştırma Makalesi

CUSTOMER PORTFOLIO OF A CONSUMER GOODS BASED VIRTUAL STORE: IDENTIFYING CUSTOMER SEGMENTS WITH CLUSTER ANALYSIS

Cilt: 14 Sayı: 52 24 Temmuz 2019
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CUSTOMER PORTFOLIO OF A CONSUMER GOODS BASED VIRTUAL STORE: IDENTIFYING CUSTOMER SEGMENTS WITH CLUSTER ANALYSIS

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In the last decade, analyzing and identifying customers became an irreplaceable need for companies. This research concentrates on discovering a company’s customer segments using different machine learning algorithms, benchmarking different algorithms and its parameters to conclude the best results. Improvements in the technology provided several approaches to dive in and gain insights from a mass amount of data. Machine learning algorithms which is one of the most popular approaches was chosen to convey this empirical study. A dataset with mix categorical and numeric variables is analyzed with one of the conventional machine learning algorithms, namely Hierarchical Agglomerative Clustering Algorithm with Gower’s distance. Kernel Principal Component Analysis is used for preprocessing due to the existence of categorical variables. K-prototypes Algorithm is chosen as benchmark algorithm that fits the qualities of the dataset with mixed categorical and numeric features. Benchmarking provides verification in respect to the accuracy of the results by evaluating the final clusters. Also, examining different parameters and comparing their effects on analysis results indicates the importance and vitality of them for machine learning algorithms, which need to be enlightened to do more accurate analyses. The results showed that both K-prototypes and HAC yield similar results proving that clusters mostly divided appropriately. However, there are a few significant points that are different at both algorithms’ results, which should be examined in further study.

Anahtar Kelimeler

Kaynakça

  1. Amaro, S., Duarte, P. & Henriques, C. (2016). Travelers’ use of social media: A clustering approach. Annals of Tourism Research, 59, 1-15.
  2. Canhoto, A. I., Clark, M. & Fennemore, P. (2013). Emerging segmentation practices in the age of the social customer. Journal of Strategic Marketing, 21(5), 413-428.
  3. Crabbe, M., Jones, B. & Vandebroek, M. (2011). A comparison of two-stage segmentation methods for choice-based conjoint data: A simulation study. Leuven: K.U. Leuven Faculty of Business and Economics.
  4. Dolnicar, S. (2002). A review of unquestioned standards in using cluster analysis for data-driven market segmentation. CD Conference Proceedings of the Australian and
  5. New Zealand Marketing Academy Conference 2002 (ANZMAC 2002), (4-6), Melbourne, Retrieved December 2-4, 2002
  6. Formann, A. K. (1984). Die Latent-Class-Analyse: Einführung in Theorie und Anwendung. Weinheim: Beltz.
  7. Ghosh, P. (2017). Fundamentals of Descriptive Analytics. Retrieved from Dataversity. Retrieved from Data Education for Business and IT Professionals: http://www.dataversity.net/fundamentals-descriptive-analytics/
  8. Gower, J. (1971). A general coefficient of similarity and some of its properties. Biometrics, 27(4), 857-871. doi:10.2307/2528823

Ayrıntılar

Birincil Dil

İngilizce

Konular

-

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

24 Temmuz 2019

Gönderilme Tarihi

9 Aralık 2018

Kabul Tarihi

-

Yayımlandığı Sayı

Yıl 2019 Cilt: 14 Sayı: 52

Kaynak Göster

APA
Hattatoğlu, B., Şeneler, Ç., Şahin, G., & Yıldırım, F. (2019). CUSTOMER PORTFOLIO OF A CONSUMER GOODS BASED VIRTUAL STORE: IDENTIFYING CUSTOMER SEGMENTS WITH CLUSTER ANALYSIS. Öneri Dergisi, 14(52), 356-371. https://doi.org/10.14783/maruoneri.594975
AMA
1.Hattatoğlu B, Şeneler Ç, Şahin G, Yıldırım F. CUSTOMER PORTFOLIO OF A CONSUMER GOODS BASED VIRTUAL STORE: IDENTIFYING CUSTOMER SEGMENTS WITH CLUSTER ANALYSIS. Öneri Dergisi. 2019;14(52):356-371. doi:10.14783/maruoneri.594975
Chicago
Hattatoğlu, Begüm, Çağla Şeneler, Gökhan Şahin, ve Fazlı Yıldırım. 2019. “CUSTOMER PORTFOLIO OF A CONSUMER GOODS BASED VIRTUAL STORE: IDENTIFYING CUSTOMER SEGMENTS WITH CLUSTER ANALYSIS”. Öneri Dergisi 14 (52): 356-71. https://doi.org/10.14783/maruoneri.594975.
EndNote
Hattatoğlu B, Şeneler Ç, Şahin G, Yıldırım F (01 Temmuz 2019) CUSTOMER PORTFOLIO OF A CONSUMER GOODS BASED VIRTUAL STORE: IDENTIFYING CUSTOMER SEGMENTS WITH CLUSTER ANALYSIS. Öneri Dergisi 14 52 356–371.
IEEE
[1]B. Hattatoğlu, Ç. Şeneler, G. Şahin, ve F. Yıldırım, “CUSTOMER PORTFOLIO OF A CONSUMER GOODS BASED VIRTUAL STORE: IDENTIFYING CUSTOMER SEGMENTS WITH CLUSTER ANALYSIS”, Öneri Dergisi, c. 14, sy 52, ss. 356–371, Tem. 2019, doi: 10.14783/maruoneri.594975.
ISNAD
Hattatoğlu, Begüm - Şeneler, Çağla - Şahin, Gökhan - Yıldırım, Fazlı. “CUSTOMER PORTFOLIO OF A CONSUMER GOODS BASED VIRTUAL STORE: IDENTIFYING CUSTOMER SEGMENTS WITH CLUSTER ANALYSIS”. Öneri Dergisi 14/52 (01 Temmuz 2019): 356-371. https://doi.org/10.14783/maruoneri.594975.
JAMA
1.Hattatoğlu B, Şeneler Ç, Şahin G, Yıldırım F. CUSTOMER PORTFOLIO OF A CONSUMER GOODS BASED VIRTUAL STORE: IDENTIFYING CUSTOMER SEGMENTS WITH CLUSTER ANALYSIS. Öneri Dergisi. 2019;14:356–371.
MLA
Hattatoğlu, Begüm, vd. “CUSTOMER PORTFOLIO OF A CONSUMER GOODS BASED VIRTUAL STORE: IDENTIFYING CUSTOMER SEGMENTS WITH CLUSTER ANALYSIS”. Öneri Dergisi, c. 14, sy 52, Temmuz 2019, ss. 356-71, doi:10.14783/maruoneri.594975.
Vancouver
1.Begüm Hattatoğlu, Çağla Şeneler, Gökhan Şahin, Fazlı Yıldırım. CUSTOMER PORTFOLIO OF A CONSUMER GOODS BASED VIRTUAL STORE: IDENTIFYING CUSTOMER SEGMENTS WITH CLUSTER ANALYSIS. Öneri Dergisi. 01 Temmuz 2019;14(52):356-71. doi:10.14783/maruoneri.594975

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