Using machine learning to identify distinct customer segments
In this project, I performed customer segmentation analysis for an e-commerce company using unsupervised machine learning techniques. By analyzing customer behavior, purchase history, and demographic data, I identified distinct customer segments that helped the company tailor their marketing strategies and product recommendations.
The main objectives of this customer segmentation project were:
Interactive customer segment visualization.
(This would be an actual D3.js visualization in a real implementation)
These customers make frequent purchases with high average order values. They have been customers for a long time and respond well to loyalty programs and exclusive offers.
These customers show promising signs with moderate purchase frequency and growing average order values. They respond well to personalized recommendations and special offers.
Recent first-time buyers who haven't established a clear purchase pattern yet. They need encouragement to make a second purchase and begin forming a relationship with the brand.
Previously active customers who haven't made a purchase in over 3 months. They require re-engagement campaigns to prevent churn.
These customers made a single purchase, typically during a major sale or with a significant discount. They are price-sensitive and respond primarily to deep discounts.
The customer segmentation analysis provided valuable insights that led to several business improvements:
By understanding the distinct needs and behaviors of each customer segment, the company was able to develop tailored marketing strategies, optimize product recommendations, and improve overall customer satisfaction.