Customer Potential Value Prediction and Customer Segmentation
Wei Xiao
Abstract
Wei Xiao
Abstract
This article first gives the definition and categorization of customer value, discusses customer potential value, and constructs a multivariate profit model for predicting customer potential value. Based on the model, we propose customer segmentation and different market strategies on various customers, and finally prove the validity of multivariate profit model with practical example.
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This article first gives the definition and categorization of customer value, discusses customer potential value, and constructs a multivariate profit model for predicting customer potential value. Based on the model, we propose customer segmentation and different market strategies on various customers, and finally prove the validity of multivariate profit model with practical example.
Key concepts: Customer value, Customer lifetime value, Multivariate statistics, Market segmentation, Categorization, Computer science, Customer equity, Profit (economics)