Patent Segmentation Based on Customer Lifetime Value Analysis Using Regency, Frequency, Monetery, and Interpurchase Time Models
Abstract
Keywords
Full Text:
Full TextReferences
AC Benabdellah, A. Benghabrit , and I. Bouhaddou , “A survey of clustering algorithms for an industrial context” Procedia Comput . Sci., vol. 148, pp. 291– 302, 2019.
Aditama, Hospital Administration Management, UI Press, Jakarta, 2004.
Malav, K. Kadam, and P. Kamat, “Prediction of heart disease using kmeans and artificial neural network as a hybrid approach to improve ccuracy,” Int. J.Eng. Technol., vol. 9, no. 4, pp. 3081–3085, 2017.
P. Anitha, Malini M. Patil, "RFM model for customer purchase behavior using K-Means algorithm", Journal of King Saud University - Computer and Information Sciences, Volume 34, Issue 5, 2022.
Hui-Chu Chang, Hsiao-Ping Tsai,"Group RFM analysis as a novel framework to discover better customer consumption behavior", Expert Systems with Applications, Volume 38, Issue 12, 2011.
Hughes, A. M., "Strategic database marketing: the masterplan for starting and managing a profitable", Customer-based Marketing Program, Irwin Professional, 1994.
Joy Christy, A. Umamakeswari , L. Priyatharsini, A. Neyaa , "RFM ranking – An effective approach to customer segmentation", Journal of King Saud University - Computer and Information Sciences, Volume 33, Issue 10, 2021.
Chongkolnee Rungruang , Pakwan Riyapan , Arthit Intarasit , Khanchit Chuarkham , Jirapond Muangprathub , "RFM model customer segmentation based on hierarchical approach using FCA", Expert Systems with Applications, Volume 237, Part B, 2024.
Demetrios Vakratsas , Frank M. Bass, "The relationship between purchase regularity and propensity to accelerate", Journal of Retailing, Volume 78, Issue 2, 2002.
Elrod, Cassandra, Sarah Stanley, Elizabeth Cudney, and Caroline Fisher, " Empirical Study Utilizing QFD to Develop an International Marketing Strategy" Sustainability 7, no. 8: 10756-10769, 2015.
Fader, PS, Hardie, BGS, & Lee, KL, “RFM and CLV: Using Iso-Value Curves for Customer Base Analysis”, Journal of Marketing Research, 42(4), 415-430, 2005.
Gupta, S., Hanssens , D., Hardie, B., Kahn, W., Kumar, V., Lin, N., Ravishanker, N., & Sriram, S., “Modeling Customer Lifetime Value”, Journal of Service Research, 9 (2), 139-155, 2006.
Guo, RS, "A Multi-Category Inter-Purchase Time Model Based On Hierarchical Bayesian Theory". Expert Syst. Appl. 36(3), 6301–6308, 2009.
Greenberg, P., “CRM at the speed of light: Capturing and keeping customers in Internet real time”, Journal of Service Research, vol. 9, pp. 139-150, 2001.
Junpeng Guo, Zeng Gao, Na Liu, Yi Wu, “Recommend products with consideration of multi-category inter-purchase time and price”, Future Generation Computer Systems, Volume 78, Part 1, 2018.
Haider, T. And Shakib, S., "A Study On The Influences Of Advertisement On Consumer Buying Behavior", Business Studies Journal, 9, 2017.
Hiziroglu , A., & Sengul, S., “Investigating two customer lifetime value models from segmentation perspective”, Procedia-Social and Behavioral Sciences, 62, 766-774, 2012.
H. Junaedi , H. Budianto , I. Maryati and Y. Melani., "Data Transformation in Data Mining", ideatech , pp. 93-99, 2011.
Hu, YH, & Yeh, TW, “Discovering valuable frequent patterns based on RFM analysis without customer identification information ”, Knowledge -Based Systems, 61, 76-88, 2014.
Hood, N.A., Clarke, G and Clarke, M., “Segmenting the growing UK convenience store market for retail location planning” , International Review of Retail, Distribution and Consumer Research, 26 (2). pp. 113-136, 2016.
Khajvand , M. and MJ Tarokh , “Estimating customer future value of different customer segments based on adapted RFM model in retail banking context”, Procedia Computer Science, p. 1327-1332, 2011.
Kong, F. & Liu, H., "Applying Fuzzy Analytic Hierarchy Process To Evaluate Success Factors Of E-Commerce". International Journal of Information And Systems, Vol. 1, Numbers 3-4, Pages 406-412, 2005.
Maryani and D. Riana, "Clustering and profiling of customers using RFM for customer relationship management recommendations," 2017 5th International Conference on Cyber and IT Service Management (CITSM), Denpasar, Indonesia, 2017, pp. 1-6.
J. Han, M. Kamber and J. Pei., “ Data Mining Concepts and Techniques” , 3^thEdition ”, San Francisco: Morgan Kauffman, 2006.
Meyer‐ Waarden , L., "The influence of loyalty program membership on customer purchase behavior ", European Journal of Marketing, Vol. 42 No. 1/2, pp. 87-114, 2008.
MA Nahdliyah , T. Widiharih , And A. Prahutama ., "K-Medoids Clustering Method Using Silhouette Index and Cindex Validation ", Gaussian Journal, Vol . 8, no. 2, pp. 161–170, 2019.
M. Metisen and HL Sari, "Clustering Analysis Using the K-Means Method in Grouping Product Sales at Fadhila Supermarkets" J. Media Infotama , vol. 11, no. 2, pp. 110-118, 2015.
Miglautsch , J., “Thoughts on RFM scoring”, J Database Mark Cust Strategy Manag 8, 67–72, 2000.
Morrison, D.G., “Interpurchase Time and Brand Loyalty”, Journal of Marketing Research, 3 (3), 289-291, 1966.
M. Pietrzykowski, “Comparison of mini-models based on various clustering algorithms, ”Procedia Comput . Sci., vol. 176, pp. 3563–3570, 2020.
Mustakim, Reza Nurul Gayatri Indah, Rice Novita, “DBSCAN algorithm: twitter text clustering of trend topic pilkada pekanbaru,” j. Phys. Conf. Ser., vol. 1363, no. 1, 2019
Rimelda Adha, Nana Nurhaliza, Ummi Sholeha, Mustakim Mustakim, "Perbandingan Algoritma DBSCAN dan K-Means Clustering untuk Pengelompokan Kasus Covid-19 di Dunia", Jurnal Sains, Teknologi dan Industri, Vol 18, No 2, 2021.
SG Krishna Patro and KK Sahu., “Normalization: A Preprocessing Stage”, Research Scholar, Department of CSE & IT, VSSUT, Burla, Odisha, India , 2015.
Tukel , OI, & Dixit, A., “Application of customer lifetime value model in maketo -order manufacturing”, The Journal of Business and Industrial Marketing, 28(6), 2013.
W. Jing, C. Zhao, and C. Jiang, “An improved method of DBSCAN algorithm on cloud computing”, Procedia Comput . Sci., vol. 147, pp. 596–604, 2019.
X. Wang and Y. Xu., “An improved index for clustering validation based on Silhouette index and Calinski-Harabasz index”, IOP Conf. Ser. Mater. Sci. Eng., vol. 569, no. 5, 2019.
Yeh, I. C., Yang, K. J., Ting, T. M., “Knowledge discovery on RFM model using bernoulli sequence”, Expert syst. Appl. 36 (3), 5866–5871, 2009.
Yoseph, F., & Heikkila, M., “Segmenting Retail Customers With An Enhanced RFM And A Hybrid Regression/Clustering Method”, 2018 International Conference on Machine Learning and Data Engineering ( iCMLDE ) , Sydney, NSW, Australia, 2018, pp . 108-116.
Zhou, J., Wei, J., & Xu, B., “Customer segmentation by web content mining”, Journal of Retailing and Consumer Services, Vol. 61, 2021.
DOI: http://dx.doi.org/10.12962/j20882033.v35i1.20162
Refbacks
- There are currently no refbacks.
IPTEK Journal of Science and Technology by Lembaga Penelitian dan Pengabdian kepada Masyarakat, ITS is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Based on a work at https://iptek.its.ac.id/index.php/jts.