Market Segmentation Data Transformations

Overview

Market segmentation requires the marketer to be able to filter and group customer data.

Attributes

The following are common properties used to identify relevant customer segments.

  • Demographic Information
  • Income
  • Total Customer Spend
  • Customer Engagement
    • Time on a Site
    • Site Visits
    • Number of Page Views

Filtering and Grouping

Once a set of customer properties have been indentified as demarcating relevatn customer segments, the customer data can be filtered and grouped into the desired segments.

  • Filtering - shows how to filter customer data
  • Grouping - grouping customer data by a specified criteria

(see Filtering and Transformations for additional Information)

Machine Learning Algorithms

Machine learning can be used to discover the market segments.

  • Clustering : Clustering refers a set of machine learning algorithms designed to find natural clusters within a dataset.
  • Trees : Clustering refers a set of machine learning algorithms designed to find natural clusters within a dataset.