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Customer Segmentation Using Machine Learning Model: An Application of RFM Analysis
13 references·2 citing·53 second hop
Customer Segmentation Using Machine Learning Model: An Application of RFM Analysis (2023)Customer Segmentation Using Machine Learn…New RFM-D classification model for improving customer analysis and response prediction (2023)New RFM-D classification mode…Interpretable machine learning-based approach for customer segmentation for new product development from online product reviews (2023)Interpretable machine learnin…User Value Identification Based on Improved RFM Model and K‐Means++ Algorithm for Complex Data Analysis (2021)User Value Identification Bas…RFM-based repurchase behavior for customer classification and segmentation (2021)RFM-based repurchase behavior…Customer Segmentation using RFM Model and K-Means Clustering (2021)Customer Segmentation using R…Clustering optimization in RFM analysis Based on k-Means (2020)Clustering optimization in RF…Customer Segmentation based on RFM model and Clustering Techniques With K-Means Algorithm (2018)Customer Segmentation based o…The Research and Application of Customer Segmentation on E-Commerce Websites (2016)The Research and Application …An Efficient CRM-Data Mining Framework for the Prediction of Customer Behaviour (2015)An Efficient CRM-Data Mining …CRM strategies for a small-sized online shopping mall based on association rules and sequential patterns (2012)CRM strategies for a small-si…A Customer Churn Prediction Model in Telecom Industry Using Boosting (2012)A Customer Churn Prediction M…Estimating customer lifetime value based on RFM analysis of customer purchase behavior: Case study (2011)Estimating customer lifetime …Improving Personalization Solutions through Optimal Segmentation of Customer Bases (2008)Improving Personalization Sol…Unlocking Retail Insights: Predictive Modeling and Customer Segmentation Through Data Analytics (2025)Unlocking Retail Insights: Pr…Enhancing customer repurchase prediction: Integrating classification algorithms with RFM analysis for precision and actionable insights (2025)Enhancing customer repurchase…Return on Marketing: Using Customer Equity to Focus Marketing Strategy (2003)Balancing Acquisition and Retention Resources to Maximize Customer Profitability (2004)Modeling Customer Lifetime Value (2006)Using data mining techniques for profiling profitable hotel customers: An application of RFM analysis (2016)Product substitution in different weights and brands considering customer segmentation and panic buying behavior (2018)Retail business analytics: Customer visit segmentation using market basket data (2018)Managerial Applications of Neural Networks: The Case of Bank Failure Predictions (1992)Artificial neural networks in bankruptcy prediction: General framework and cross-validation analysis (1999)Customer Relationship Management: Emerging Practice, Process, and Discipline (2002)The influence of reviewer engagement characteristics on online review helpfulness: A text regression model (2014)Customer lifetime value determination based on RFM model (2016)A novel model for product bundling and direct marketing in e-commerce based on market segmentation (2017)Data Mining Techniques: For Marketing, Sales, and Customer Relationship Management (2004)Application of data mining techniques in customer relationship management: A literature review and classification (2008)A data-driven approach to predict the success of bank telemarketing (2014)Effect of IoT Capabilities and Energy Consumption behavior on Green Supply Chain Integration (2018)AI-enabled Enterprise Information Systems for Manufacturing (2021)Customer Relationship Management Research from 2000 to 2020: An Academic Literature Review and Classification (2021)The Impact of Customer Relationship Characteristics on Profitable Lifetime Duration (2003)A Strategic Framework for Customer Relationship Management (2005)Enterprise Systems: State-of-the-Art and Future Trends (2011)Improved churn prediction in telecommunication industry using data mining techniques (2014)Telco Churn Prediction with Big Data (2015)A Big Data Clustering Algorithm for Mitigating the Risk of Customer Churn (2016)Human behavior and the principle of least effort (1949)Product Differentiation and Market Segmentation as Alternative Marketing Strategies (1956)Market Segmentation: Conceptual and Methodological Foundations (1997)Customer Segmentation Architecture Based on Clustering Techniques (2010)How can algorithms help in segmenting users and customers? A systematic review and research agenda for algorithmic customer segmentation (2023)Retail Industry Analytics: Unraveling Consumer Behavior through RFM Segmentation and Machine Learning (2024)Studying Customer Behavior in Retail Stores (1951)Data mining for the online retail industry: A case study of RFM model-based customer segmentation using data mining (2012)Predicting online customer purchase: The integration of customer characteristics and browsing patterns (2023)RFM model customer segmentation based on hierarchical approach using FCA (2023)Consumer segmentation with large language models (2024)Approaches to Clustering in Customer Segmentation (2018)Customer Segmentation using K-means Clustering (2018)Customer Analysis Using Machine Learning-Based Classification Algorithms for Effective Segmentation Using Recency, Frequency, Monetary, and Time (2023)Enhancing customer retention in Online Retail through churn prediction: A hybrid RFM, K-means, and deep neural network approach (2025)Personalized marketing: Leveraging AI for culturally aware segmentation and targeting (2025)Attractive Quality and Must-Be Quality (1984)Turn customer input into innovation. (2002)The asymmetric relationship between attribute-level performance and overall customer satisfaction: a reconsideration of the importance–performance analysis (2003)Determining directions of service quality management using online review mining with interpretable machine learning (2024)Predictive analytics in customer behavior: Anticipating trends and preferences (2024)Customer lifetime value: Marketing models and applications (1998)On the Profitability of Long-Life Customers in a Noncontractual Setting: An Empirical Investigation and Implications for Marketing (2000)Segmentation approaches in data-mining: A comparison of RFM, CHAID, and logistic regression (2007)A dynamic customer segmentation approach by combining LRFMS and multivariate time series clustering (2024)Mitigating class imbalance in churn prediction with ensemble methods and SMOTE (2025)Clustering and Classification Based on Distributed Automatic Feature Engineering for Customer Segmentation (2021)Business intelligence using machine learning algorithms (2022)Recency, Frequency, Monetary Value, Clustering, and Internal and External Indices for Customer Segmentation from Retail Data (2023)
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References

  • 2012A Customer Churn Prediction Model in Telecom Industry Using Boosting185 cited
  • 2011Estimating customer lifetime value based on RFM analysis of customer purchase behavior: Case study182 cited
  • 2015An Efficient CRM-Data Mining Framework for the Prediction of Customer Behaviour118 cited
  • 2023Interpretable machine learning-based approach for customer segmentation for new product development from online product reviews114 cited
  • 2021RFM-based repurchase behavior for customer classification and segmentation96 cited
  • 2020Clustering optimization in RFM analysis Based on k-Means87 cited
  • 2012CRM strategies for a small-sized online shopping mall based on association rules and sequential patterns84 cited
  • 2008Improving Personalization Solutions through Optimal Segmentation of Customer Bases66 cited
  • 2021Customer Segmentation using RFM Model and K-Means Clustering49 cited
  • 2023New RFM-D classification model for improving customer analysis and response prediction42 cited
  • 2018Customer Segmentation based on RFM model and Clustering Techniques With K-Means Algorithm39 cited
  • 2016The Research and Application of Customer Segmentation on E-Commerce Websites36 cited
  • 2021User Value Identification Based on Improved RFM Model and K‐Means++ Algorithm for Complex Data Analysis33 cited

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2025
Unlocking Retail Insights: Predictive Modeling and Customer Segmentation Through Data Analytics
16 cited
  • 2025Enhancing customer repurchase prediction: Integrating classification algorithms with RFM analysis for precision and actionable insights13 cited