customer segmentation using k means clustering


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  • How to use K-means clustering for customer segmentation?

    Using KMeans for Segmenting Customers
    We do this assignment on the Euclidean Distance between object and the centroid. k clusters in the data points update the centre through calculation of the mean values present in all the data points of that cluster.

  • Can clustering be used for segmentation?

    While cluster analysis is used primarily for segmentation, the results are applied in various ways in marketing strategies.
    You can use the data to: Tailor marketing messaging and advertising for specific groups.

  • What is clustering method of customer segmentation?

    In the context of customer segmentation, customer clustering analysis is the use of a mathematical model to discover groups of similar customers based on finding the smallest variations among customers within each group.

  • One very common machine learning algorithm that's suitable for customer segmentation problems is the k-means clustering algorithm.
    There are other clustering algorithms as well such as DBSCAN, Agglomerative Clustering, and BIRCH, etc.

K-means clustering is a popular machine learning algorithm that can be used to segment customers based on their similarities. The algorithm aims to find k clusters in the data, where each cluster represents a group of customers that are similar to each other.
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