A new SOM-based method for profile generation: theory and an application in direct marketing
A new SOM-based method for profile generation: theory and an application in direct marketing
The field of direct marketing is constantly searching for new data mining techniques in order to analyze the increasing available amount of data. Self-organizing maps (SOM) have been widely applied and discussed in the literature, since they give the possibility to reduce the complexity of a high dimensional attribute space while providing a powerful visual exploration facility. Combined with clustering techniques and the extraction of the so called salient dimensions, it is possible for a direct marketer to gain a high level insight about a dataset of prospects. In this paper, a SOM-based profile generator is presented, consisting of a generic method leading to value adding and business-oriented profiles for targeting individuals with predefined characteristics. Moreover, the proposed method is applied in detail to a concrete case study from the concert industry. The performance of the method is then illustrated and discussed and possible future research tracks are outlined.
data mining, customer profiling, som, direct marketing
199-209
Seret, Alex
34884644-0660-4bce-9a0d-97c99492b892
Verbraken, Thomas
40def165-29ac-4a4d-8820-f434ea123b96
Versailles, Sebastien
73dbcc0c-cd6b-4cd6-b81d-f646a077809a
Baesens, Bart
f7c6496b-aa7f-4026-8616-ca61d9e216f0
1 July 2012
Seret, Alex
34884644-0660-4bce-9a0d-97c99492b892
Verbraken, Thomas
40def165-29ac-4a4d-8820-f434ea123b96
Versailles, Sebastien
73dbcc0c-cd6b-4cd6-b81d-f646a077809a
Baesens, Bart
f7c6496b-aa7f-4026-8616-ca61d9e216f0
Seret, Alex, Verbraken, Thomas, Versailles, Sebastien and Baesens, Bart
(2012)
A new SOM-based method for profile generation: theory and an application in direct marketing.
European Journal of Operational Research, 220 (1), .
(doi:10.1016/j.ejor.2012.01.044).
Abstract
The field of direct marketing is constantly searching for new data mining techniques in order to analyze the increasing available amount of data. Self-organizing maps (SOM) have been widely applied and discussed in the literature, since they give the possibility to reduce the complexity of a high dimensional attribute space while providing a powerful visual exploration facility. Combined with clustering techniques and the extraction of the so called salient dimensions, it is possible for a direct marketer to gain a high level insight about a dataset of prospects. In this paper, a SOM-based profile generator is presented, consisting of a generic method leading to value adding and business-oriented profiles for targeting individuals with predefined characteristics. Moreover, the proposed method is applied in detail to a concrete case study from the concert industry. The performance of the method is then illustrated and discussed and possible future research tracks are outlined.
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Published date: 1 July 2012
Keywords:
data mining, customer profiling, som, direct marketing
Organisations:
Southampton Business School
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Local EPrints ID: 336466
URI: http://eprints.soton.ac.uk/id/eprint/336466
ISSN: 0377-2217
PURE UUID: 21a3310f-1908-40b1-b5fe-a2fda50a3490
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Date deposited: 27 Mar 2012 10:56
Last modified: 15 Mar 2024 03:20
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Contributors
Author:
Alex Seret
Author:
Thomas Verbraken
Author:
Sebastien Versailles
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