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Data-driven customer segmentation in the medical beauty industry: clustering models and natural language processing techniques

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Detalhes bibliográficos
Resumo:This research study performs a customer segmentation on a medical beauty case to inform data driven decision making and refine marketing efforts. RFM analysis with a K-Means clustering algorithm, and an HDBSCAN after UMAP dimensionality reduction have been applied. Natural language processing, Doc2Vec, served as the means for sequence embedding. A decision tree algorithm is used to interpret the clustering results. HDBSCAN achieved the best clustering results, and customers were grouped into five clusters based on their purchasing behavior and demographics. The recommended model is the RFM model, and the resulting three customer groups are used to derive marketing strategy recommendations.
Autores principais:Indorf, Fenja
Assunto:Business analytics Customer segmentation Clustering Natural language processing
Ano:2022
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso aberto
Instituição associada:Universidade Nova de Lisboa
Idioma:inglês
Origem:Repositório Institucional da UNL
Descrição
Resumo:This research study performs a customer segmentation on a medical beauty case to inform data driven decision making and refine marketing efforts. RFM analysis with a K-Means clustering algorithm, and an HDBSCAN after UMAP dimensionality reduction have been applied. Natural language processing, Doc2Vec, served as the means for sequence embedding. A decision tree algorithm is used to interpret the clustering results. HDBSCAN achieved the best clustering results, and customers were grouped into five clusters based on their purchasing behavior and demographics. The recommended model is the RFM model, and the resulting three customer groups are used to derive marketing strategy recommendations.

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