Structural topic modelling segmentation: a segmentation method combining latent content and customer context
Document Type
Article
Publication Date
1-1-2021
Abstract
This research introduces a method for segmenting customers using Structural Topic Modelling (STM), a text analysis tool capable of capturing topical content and topical prevalence differences across customers while incorporating metadata. This approach is particularly suitable for contexts in which textual data is either a critical component or is the only data available for segmentation. The ability to incorporate metadata by using STM provides better clustering solutions and supports richer segment profiles than can be produced with typical topic modelling approaches. We empirically illustrate the application of this method in two contexts: 1) a context in which related metadata is readily available; and 2) a context in which metadata is virtually non-existent. The second context exemplifies how ad-hoc generated metadata can increase the utility of the method for identifying distinct segments.
Identifier
85101480021 (Scopus)
Publication Title
Journal of Marketing Management
External Full Text Location
https://doi.org/10.1080/0267257X.2021.1880464
e-ISSN
14721376
ISSN
0267257X
First Page
792
Last Page
812
Issue
7-8
Volume
37
Recommended Citation
Fresneda, Jorge E.; Burnham, Thomas A.; and Hill, Chelsey H., "Structural topic modelling segmentation: a segmentation method combining latent content and customer context" (2021). Faculty Publications. 4592.
https://digitalcommons.njit.edu/fac_pubs/4592