Customer segmentation using bisecting k-means algorithm based on recency, frequency, and monetary (RFM) model

Information on customer loyalty characteristics in a company is needed to improve service to customers. A customer segmentation model based on transaction data can provide this information. This study used parameters from the recency, frequency, and monetary (RFM) model in determining customer segme...

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Bibliographic Details
Main Authors: Novianti Puspitasari, Joan Angelina Widians, Noval Bayu Setiawan
Format: Article
Language:English
Published: Diponegoro University 2020-04-01
Series:Jurnal Teknologi dan Sistem Komputer
Subjects:
Online Access:https://jtsiskom.undip.ac.id/index.php/jtsiskom/article/view/13295