LRFMV: An efficient customer segmentation model for superstores

R Mahfuza, N Islam, M Toyeb, MAF Emon… - Plos one, 2022 - journals.plos.org
The Recency, Frequency, and Monetary model, also known as the RFM model, is a popular
and widely used business model for determining beneficial client segments and analyzing …

Identifying multi-channel value co-creator groups in the banking industry

M Hosseini, S Shajari, M Akbarabadi - Journal of Retailing and Consumer …, 2022 - Elsevier
The purpose of this paper is providing a value co-creation management framework in the
banking industry using the data analysis. Moreover, a multi-channel segmentation approach …

Customer Segmentation Based on Loyalty Level Using K-Means and LRFM Feature Selection in Retail Online Store

TL Nikmah, NHS Harahap, GC Utami… - … : Jurnal Teknik Elektro …, 2023 - eltikom.poliban.ac.id
Customer experience is a key component in increasing sales numbers. Customers are
important assets that must be kept up for a corporation or firm. Prioritizing customer service …

Hybrid Approaches for Customer Segmentation and Product Recommendation

MFS Putra, A Aswie, IS Edbert… - … Multimedia, Cyber and …, 2023 - ieeexplore.ieee.org
The trend of influencer marketing is increasing massively in the digital age. Despite this, the
majority of marketing strategies are still not optimally using this trend. Marketing strategies …

LRFMVD: a customer segmentation model

KM Sagor, MA Sadhin, I Jahan, RK Prottay - 2023 - dspace.bracu.ac.bd
Customer segmentation is a big part of the superstore industry. Traditionally, the RFM model
has been used to segment customers to maximize profit. This work proposes a new …

LRFMV: an efficient customer segmentation model for superstores

M Toyeb, R Mahfuza, N Islam, MAF Emon - 2021 - dspace.bracu.ac.bd
In superstore business, the recency, frequency, and monetary (RFM) based on cus tomers'
purchase results is preferred to categorize valuable customers in order to increase profit …

Customer Segmentation Analysis Using LRFM Based Product and Brand Dimensions

M Husnah, RA Vinarti - 2023 2nd International Conference for …, 2023 - ieeexplore.ieee.org
The development of information technology (IT) has encouraged transaction activities in
companies so they can grow rapidly and be competitive. One of them is the utilization of …

Data Mining SEGMENTASI PELANGGAN MENGGUNAKAN K-MEDOIDS BERDASARKAN MODEL LENGTH, RECENCY, FREQUENCY, MONETARY (LRFM)

G Purnama, TH Pudjiantoro… - SNIA (Seminar Nasional …, 2021 - snia.unjani.ac.id
Loyalitas pelanggan dapat menjamin pelaku usaha untuk tetap memberikan layanan terbaik
agar pelanggan dapat bertambah dari waktu ke waktu ataupun tidak kehilangan pelanggan …

Reseller Segmentation for a Strategy to Increase The Purchase Deposit of a Telecommunications Company Using The LRFM and K-Means Algorithm

H Soetanto - 2023 6th International Seminar on Research of …, 2023 - ieeexplore.ieee.org
Telecommunications companies that provide provider services sell credit vouchers through
resellers. Reseller service providers are spread throughout Indonesia. In 2019, the company …