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RFM (Recency, Frequency, Monetary) analysis is a proven marketing model for behaviour based customer segmentation. It groups customers based on their transaction history in other terms– how recently (R), how often (F) and how much (M) did they buy.
The idea of this challenge was to cluster customers based on a given dataset to align the marketing efforts. Four customer groups were characterized based on income, buying power, credit score, and other criteria
The goal of the project is to group consumers into clusters using the elbow approach. The project also includes scatter plots to show the relationships between the variables and dataset's columns.
This repository contains project materials for the Spring 2024 STAT 208 class, specifically for Team 8. All materials are the property of Team 8, University of California, Riverside, A. Gary Anderson School of Management. Thank you for viewing our repository.
Analyzing a dataset containing data on various customers' annual spending amounts of diverse product categories for internal structure. Doing so would equip the distributor with insight into how to best structure their delivery service to meet the needs of each customer.
The purpose of this project was to perform customer segmentation on mall customers using sklearn Kmeans algorithm. Exploratory data analysis was first performed on the dataset to understand the data. Silhouette analysis was then used to determine the best number of clusters using age, annual income and spending score assigned to customers based …
Using the [Online Retail dataset](https://archive.ics.uci.edu/ml/datasets/Online+Retail) from the UCI Machine Learning Repository for exploratory data analysis, ***Customer Segmentation***, ***RFM Analysis*** and ***Clustering*** with machine learning unsupervised algorithms
Customer Segmentation Report for Arvato Financial Services. Analyzing demographics data for customers of a mail-order sales company in Germany and identifying most suitable parts of general population whom are most likely to be converted to customers through marketing campaigns.