Automobile loyalty customer segmentation method based on LRFAT model and improved K-means clustering
Document Type
Article
Publication Date
12-1-2019
Abstract
To realize precise marketing of automobile customers in the era of industrial Internet, it is necessary to cluster and effectively manage customer resources. Aiming at the low number of automobile loyal customers, high potential value and uneven data distribution, an improved customer segmentation LRFAT model based on RFM model was proposed. To improve the accuracy and stability of customer clustering, a method for selecting the initial cluster center of hierarchical K-nearest density peak was proposed with the inspiration of density peaks clustering, and the initial cluster center was selected to optimize K-means. On this basis, the automobile loyal customers were subdivided with improved K-means. Through the automobile sales application of a vehicle manufacturer, the effectiveness of the model and algorithm was verified. At the same time, the detailed analysis was made for different customer groups and the corresponding marketing suggestions were given.
Identifier
85077951629 (Scopus)
Publication Title
Jisuanji Jicheng Zhizao Xitong Computer Integrated Manufacturing Systems CIMS
External Full Text Location
https://doi.org/10.13196/j.cims.2019.12.028
ISSN
10065911
First Page
3267
Last Page
3278
Issue
12
Volume
25
Grant
2017YFB1400303
Recommended Citation
Ren, Chunhua; Sun, Linfu; and Wu, Qishi, "Automobile loyalty customer segmentation method based on LRFAT model and improved K-means clustering" (2019). Faculty Publications. 7138.
https://digitalcommons.njit.edu/fac_pubs/7138
