A Customer-Centric Approach for Recommending Products: A Case Study of Digikala

Autor: Hamid Sharifi Esfahani, Nasser Shahsavari Pour, Mohammad Hossein Sharifi Fini, Razieh Bahmanyar
Jazyk: perština
Rok vydání: 2023
Předmět:
Zdroj: چشم‌انداز مدیریت صنعتی, Vol 13, Iss 2, Pp 99-118 (2023)
Druh dokumentu: article
ISSN: 2251-9874
2645-4165
DOI: 10.48308/jimp.13.2.99
Popis: As competition among marketing companies and retailers intensifies, segmenting customers and recommending suitable products has become a critical strategy for maintaining a competitive edge. With the rapid growth of online shopping, customers often make purchasing decisions based on their needs and desires. Salespeople play a crucial role in influencing customers, making a product recommendation system essential. Such a system has various applications and can also encourage customers to purchase additional products. In this study, we present a method for recommending products to customers that utilizes the K-means clustering algorithm and the RFM (Recency, Frequency, Monetary) model to segment customers and make personalized product recommendations. To evaluate the performance of the proposed system, we conducted experiments using data collected from Digikala, an online shopping company. The results show that clustering based on the RFM features has better results for cluster number zero, which represents loyal customers. Therefore, to encourage these customers to purchase higher-priced goods, companies can offer special discounts to cluster number zero. Our approach provides a customer-centric solution for increasing sales and customer satisfaction.
Databáze: Directory of Open Access Journals