Title of article :
A CLV-Based Framework to Prioritize Promotion Marketing Strategies: A Case Study of Telecom Industry
Author/Authors :
Nemati ، Yaser - University of Mazandaran , Mohaghar ، Ali - University of Tehran , Alavidoost ، Mohammad Hossein - Amirkabir University of Technology , Babazadeh ، Hossein - University of Science and Culture
Pages :
26
From page :
437
To page :
462
Abstract :
Telecommunications is the todays’ leading industry. Value Added Services (VAS) is considered as one of the most money making segments of Telecom services. The purpose of this paper is to allocate promotional marketing strategies to customer segments. Therefore, a four-phase practical framework is developed to prioritize marketing strategies based on Customer Lifetime Value (CLV). The first phase focuses on information gathering. Consequently, the CLV of each customer is calculated. Then, the customers are clustered into separated segments based on their CLV scores, using Fuzzy C-Mean. Finally, the appropriate marketing strategy is prioritized for each segment, using Fuzzy TOPSIS technique.
Keywords :
Customer Lifetime Value (CLV) , customer segmentation , Customer Relationship Management (CRM) , fuzzy c , mean , Fuzzy TOPSIS (F , TOPSIS)
Journal title :
Iranian Journal of Management Studies
Serial Year :
2018
Journal title :
Iranian Journal of Management Studies
Record number :
2463032
Link To Document :
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