UV Customer Segmentation
3AI September 10, 2020
World leader in film, television and music entertainment
Problem Statement
- Company was interested in identifying and understanding conversions to paid redemptions from free redemptions
- Company had a large and diverse online user pool and was in need of targeted engagement
Analytics Led Approach
- Available data was examined, and the following bases were identified to quantify user behavior – Time since Last Engagement, Engagement Frequency, Engagement Duration, Total No of Redemptions , No of paid Redemptions
- Hierarchical technique to identify the ideal cluster size
- This is followed by K-Means analysis to break the universe into various clusters
- Hence obtained Clusters were profiled by Demographics and other variables not used for Clustering
Business Impact
- Understand the profiles of customers who purchase / redeem / playback more Movie/TV titles from the online cloud locker platform
- Segmentation of the customers that helped take differentiated and actionable marketing treatments to improve user engagement and conversion
Critical Success Factors
- The analysis helped the company to identify the top titles that triggered conversions from free redemptions to paid redemptions & quantify user experience on various technology platforms
- Marketing messages were suggested to all the obtained Segments to increase User conversion and engagement