چکیده
|
Forecasting future behavior of customers has significant importance
in businesses. Consequently, data mining and prediction tools are increasingly
utilized by firms to predict customer behavior and to devise effective marketing
programs. When dealing with multiple time series data, we encounter with the
problem that how to use those time series to forecast the behavior of all customers more accurately. In this study we proposed a methodology to create customer segments based on past data, create Segment-Wise forecasts and then
discover the future behavior of each segment. The proposed methodology utilizes existing data mining and prediction tools including time series clustering and forecasting, but combines them in a unique way that results in higher level
models in terms of accuracy than baseline model. The proposed methodology
has substantial application in marketing for any firm in any domain where there
is a need to forecast future behavior of different customer group in an effective manner.
|