Customer Persona Engine Using Unsupervised Learning
3AI November 4, 2020
Large retailer of professional beauty supplies in the world
Problem Statement
- Generate insights about the customers
- Increase growth & retention – A significant number of customers churn every month
- Better targeted marketing strategy to change customer behavior
Solution Approach
-
Unsupervised ML models to identify segments
-
Supervised ML models developed to predict response likelihood
Business Impact
-
High valued churner identified and retained through appropriate strategy
-
Cross sell & up sell opportunity at SKU level
-
Increase in campaign ROI and take up rate
Critical Success Factor
- Associate mining (Apriori) to figure out product association of customer segments