Web mining for e-commerce websites using repeat-purchase models
Author(s) -
Mihir Dash
Publication year - 2017
Publication title -
journal of management and science
Language(s) - English
Resource type - Journals
eISSN - 2250-1819
pISSN - 2249-1260
DOI - 10.26524/jms.2016.2
Subject(s) - purchasing , direct marketing , database marketing , loyalty , loyalty business model , e commerce , web application , marketing , customer relationship management , business , computer science , world wide web , marketing management , relationship marketing , service quality , service (business)
ABSRACT: e-retailing and database marketing are two emerging industries that require strong support from the CRM system. It is important for a website to keep its customers interested and come back frequently to visit. As web data and direct marketing data are available in huge volumes, data mining is an important and popular tool for both industries to develop good CRM systems to target loyal customers. Since most of this data is primary purchasing data, one could even go one step further to develop models to describe and predict behaviour of customers.
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