• DocumentCode
    3220185
  • Title

    Transforming massive data to pragmatic target marketing practice

  • Author

    Miao He ; Jinfeng Li ; Bing Shao ; Tao Qin ; Changrui Ren

  • Author_Institution
    IBM Res., Beijing, China
  • fYear
    2013
  • fDate
    28-30 July 2013
  • Firstpage
    408
  • Lastpage
    412
  • 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.
  • Keywords
    computational linguistics; cost-benefit analysis; customer services; data mining; domestic appliances; marketing data processing; statistical analysis; strategic planning; customer intimacy; customer loyalty solidification; customer service; data mining methods; home appliance manufacturer; marketing activities; marketing strategy; massive data transformation; pragmatic target marketing practice; product value; return on investment; statistical analysis; Analysis of variance; Association rules; Feature extraction; Geography; Home appliances; Image color analysis; marketing policy optimization; massive data; statistical analysis;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Service Operations and Logistics, and Informatics (SOLI), 2013 IEEE International Conference on
  • Conference_Location
    Dongguan
  • Print_ISBN
    978-1-4799-0529-4
  • Type

    conf

  • DOI
    10.1109/SOLI.2013.6611449
  • Filename
    6611449