Authors :
Achmad Fawwaz Bahaudin
Volume/Issue :
Volume 9 - 2024, Issue 10 - October
Google Scholar :
https://tinyurl.com/3bddvbd5
Scribd :
https://tinyurl.com/yc82u8x9
DOI :
https://doi.org/10.38124/ijisrt/IJISRT24OCT731
Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.
Abstract :
A furniture production company needs to
categorize its customers, especially those who are involved
in export. The company has analyzed export shipment
records from June 6, 2015, to April 23, 2022. The analysis
used the Recency, Frequency, and Monetary (RFM)
variables, which have been widely used in the field of
marketing. The k-means clustering algorithm was
employed for the analysis, resulting in the division of
customers into three clusters. Cluster 1 comprises
customers with the highest and most valuable purchases,
including those with the codes CL, FR, NC, and RE.
Cluster 2 includes customers who excel in one of the RFM
variables, with codes AN, AR, BN, IN, IT, KE, KR, LK,
MU, MY, SA, SC, SM, TW, and UN. Customers in Cluster
3 have the fewest and least valuable purchases, including
those with the codes GP, KN, NL, OM, PT, and TZ.
Keywords :
Analysis, K-Means Clustering, RFM Model, Recency, Frequency, Monetary.
References :
- A. T. Widyanto and A. Witanti, "Segmentasi Pelanggan Berdasarkan Analisis RFM Menggunakan Algoritma K-Means Sebagai Dasar Strategi Pemasaran (Studi Kasus PT Coversuper Global)," KONSTELASI: Konvergensi Teknologi dan Sistem Informasi, pp. 204-215, 2021.
- M. A. Syakur, K. B. K., E. M. S. Rochman and B. D. Satoto, "Integration K-Means Clustering Method and Elbow Method For Identification of the Best Customer Profile Cluster," IOP Conf. Series: Materials Science and Engineering 336, 2017.
- D. Grossman and O. Frieder, Information Retrieval Algorithms and Heuristics Second Edition, The Netherlands: Springer, 2004.
- M. Khajvand and M. J. Tarokh, "Estimating Customer Future Value of Different Customer Segments Base on Adapted RFM Model in Retail Banking Context," Procedia Computer Science, pp. 1327-1332, 2011.
- S. R. d. Ajija, Cara Cerdas Menguasai Eviews, Jakarta: Salemba Empat, 2011.
- I. Ghozali, Aplikasi Analisis Multivariate dengan Program IBM SPSS 23 Edisi 8, Semarang: Penerbit Universitas Diponegoro, 2016.
- S. Santoso, Analisis SPSS pada Statistik Parametrik, Jakarta: PT Elex Media Komputindo, 2012.
- S. Santoso, Mahir Statistik Multivariat Dengan SPSS, Jakarta: PT Elek Media Komputindo, 2014.
A furniture production company needs to
categorize its customers, especially those who are involved
in export. The company has analyzed export shipment
records from June 6, 2015, to April 23, 2022. The analysis
used the Recency, Frequency, and Monetary (RFM)
variables, which have been widely used in the field of
marketing. The k-means clustering algorithm was
employed for the analysis, resulting in the division of
customers into three clusters. Cluster 1 comprises
customers with the highest and most valuable purchases,
including those with the codes CL, FR, NC, and RE.
Cluster 2 includes customers who excel in one of the RFM
variables, with codes AN, AR, BN, IN, IT, KE, KR, LK,
MU, MY, SA, SC, SM, TW, and UN. Customers in Cluster
3 have the fewest and least valuable purchases, including
those with the codes GP, KN, NL, OM, PT, and TZ.
Keywords :
Analysis, K-Means Clustering, RFM Model, Recency, Frequency, Monetary.