2013
DOI: 10.1002/widm.1084
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Applying data mining on customer relationship management system for leisure coffee‐shop industry: a case study in Taiwan

Abstract: The objective of this research is to identify high‐value markets by using the data mining technologies and a new model. The well‐known Fuzzy C‐Means algorithm is applied to process the market segmentation of the customer benefit market; and a new model [based on ‘Recency–Frequency–Monetary’ (RFM) model] is applied to process customer value markets for leisure coffee‐shop industry. The results show the relationships between the two types of markets (benefit and customer value), which are presented by fuzzy and … Show more

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Cited by 8 publications
(10 citation statements)
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“…Han et al (2012) also pointed out that customer value is profit of customer to business. Thus, assessment of customer value consists of some attributes that can be used to calculate customers' past or expected future profits (Chiang, 2013).…”
Section: K 473mentioning
confidence: 99%
“…Han et al (2012) also pointed out that customer value is profit of customer to business. Thus, assessment of customer value consists of some attributes that can be used to calculate customers' past or expected future profits (Chiang, 2013).…”
Section: K 473mentioning
confidence: 99%
“…Also pioneering works are Refs , where the interpretation linking the model and the data is based on user‐predefined labels. On the contrary, use fuzzy clustering and partitioning techniques to define the labels, with the objective of finding rules with better support/accuracy, giving more importance to quality than to understandability of the rules. Finding a tradeoff between both criteria is the objective in Ref , where an extension of the Equi‐depth (EDP) algorithm for mining fuzzy association rules involving quantitative attributes is presented.…”
Section: Finding Associations In Fuzzy Transactionsmentioning
confidence: 99%
“…Generally, airlines or other businesses can employ a variety of marketing projects on traveler or customer segmentations to extend their travelers' or customers' life cycle (Berry and Linoff, 2004). Since airline businesses are service businesses, the model of airlines' customer value model can be modified according to the product's features of airlines for obtaining the higher customer values (Chiang, 2013).…”
Section: Background Of the Empirical Casementioning
confidence: 99%