India's largest platform and marketplace for AI & Analytics leaders & professionals

Sign in

India's largest platform and marketplace for AI & Analytics leaders & professionals

3AI Digital Library

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

    3AI Trending Articles

  • Revolutionizing Claims Journey through Generative AI

    Featured Article Author: Vidhya Veeraraghavan, Standard Chartered In the Claims-2030 series of articles, Mckinsey emphasizes that by 2030, every touchpoint in the claims journey, starting even before an incident occurs, will be supported by a mix of technology and human touch that seamlessly interacts to expedite the process and deliver a better experience across the […]

  • Cloud Infrastructure market: Amazon, Microsoft, and Google continue to thrive

    Even in the middle of a pandemic, companies including Amazon, Microsoft, and Google continue to thrive thanks to their control over the cloud infrastructure market. When we talk about regulating big tech, the discussion usually centers on online privacy and location tracking, but we never seem to discuss the control these companies have over a vast […]

  • Fintech startup Volopay raises $2.1M in seed round

    Singapore-based fintech startup Volopay has raised $2.1 million in seed funding to provide businesses and startups in the Asia Pacific region a powerful control center for all their financial needs. Singapore-based fintech startup Volopay has raised $2.1 million in seed funding. The company said it wants to use the funding to provide businesses and startups […]

  • AI and Ethics – Modern AI Algorithms

    Featured Article: Author: Sameer Ranjan, CTO & Director – Data Science, Catenate Ethics has always been subjective and quite often changed based on the philosophy of nations or their leaders. It is often related to principles of morality and the set of beliefs that a group of people follows. In the 21st century, the narrative […]