Cluster analysis attributes
After analyzing the data by demographic, behavioral, and psychographic data, you realize that these segments are too granular to be scaled in marketing campaigns. You test out a cluster model instead and find that the data naturally falls into two groups: business and personal customers. This is great news, but the Director of Marketing wants more detail on the attributes of these clusters. You need to show examples of what defines these clusters so they can set segment definitions in advertising tools.
This exercise is part of the course
Marketing Analytics for Business
Hands-on interactive exercise
Turn theory into action with one of our interactive exercises
