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Transforming massive data to pragmatic target marketing practice
- Source :
- Proceedings of 2013 IEEE International Conference on Service Operations and Logistics, and Informatics.
- Publication Year :
- 2013
- Publisher :
- IEEE, 2013.
-
Abstract
- Marketing is all about the process of communicating the value of a product or service to customers in order to stimulate sales, while target marketing maximizes the return on investment into the marketing activities. We present a piece of practice to transform massive data into actionable insights and guidance using statistical analysis and data mining methods, which helps a leading home appliance manufacturer optimize its marketing strategy for increasing customer intimacy, solidifying customer loyalty, and most importantly, boosting the sales volume and profit.
Details
- Database :
- OpenAIRE
- Journal :
- Proceedings of 2013 IEEE International Conference on Service Operations and Logistics, and Informatics
- Accession number :
- edsair.doi...........b73e0b880410cf813550d55c13c8b48e