What are some solutions in the market place for developing customer segmentation based on click stream data?
-
Combining the front-end site data with back-end customer profile or conversion data to develop segments with predictive power to understand customer intent and purchase patterns.
-
Answer:
For a really comprehensive solution, I would suggest using a web analytics tool that allows you to both integrate customer information and also provides clear segmentation tools. As an example, using , you can integrate any customer data such as name, email, account information etc. into your analytics. Here's a screenshot of the live visitor stream. Once you click on a visitor, a profile will open with much more detailed information: You can then segment based on any combination of this customer, demographic and behavioral data. A few simple examples: Loyal Customers: Segment of customers who have purchased over $500 in the past, visited your site over 50 times, and submitted a contact form. Geo-targeted Prospects: Segment of visitors who have watched your promo video, spent over 20 minutes on your site, and are from San Francisco. Unhappy Valued Customers: Segment of customers who have been customers for over 1 year, purchased over $500 and recently canceled account. Using this combination of behavioral (i.e. clickstream) data and customer information enables you to highly target exact customer segments based on your specific business needs. With the same tool, you can then run deep analysis on these segments with analytics reports, funnels etc. This would, for example, allow you to see where geo-targeted prospects are dropping off on the path to conversion. Or, what marketing campaigns and referrers have brought in the highest number of loyal customers.
Natalie Issa at Quora Visit the source
Other answers
You can use RFV (recency, frequency, value of the customer) to create segments in a simple way with great predictive power.
Filipe Ferminiano
Experfy is a data science and analytics project marketplace that provides custom solutions for customer segmentation. Here is a link to the practice area -https://www.experfy.com/customer-analyticsExperfy has pre-screened and vetted date experts can be hired on-demand for custom projects on customer segementation, customer analytics, market segmentation, customer lifetime value etc. Here is a link to the project marketplace https://www.experfy.com/projects/category
Jyotsna Khan
Related Q & A:
- What could be the possible reasons for segmentation fault?Best solution by Stack Overflow
- What is enterprise market solutions?Best solution by en.wikipedia.org
- What is shopping in a French market like?Best solution by Quora
- What is the current career counseling market in India?Best solution by Quora
- What is the best way to market foreign product?Best solution by Yahoo! Answers
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.