Customer Segmentation in Marketing with Python Project
Exploring K-Means and Hierarchical Clustering for Effective Marketing Strategies advanced
With Elitsa Kaloyanova
Type: Practice project
Duration: 5 Hours
To what extent does our platform’s acquisition channel influence the learning outcomes of our students?
Are there any geographical locations where most of our students discover the platform, specifically through social media platforms like YouTube or Facebook?
You will work on real-world customer data to perform market segmentation—crucial for businesses to understand customer behavior and improve marketing efficiency. The project will involve data preprocessing, exploratory data analysis (EDA), feature engineering, implementation of clustering algorithms, and interpretation of results. You’ll use two popular clustering techniques: k-means and hierarchical clustering.
In the Customer Segmentation in Marketing with Python project, you’ll delve into the diversity of customer behavior and identify distinct segments that could be targeted with personalized marketing strategies.
For this Customer Segmentation in Marketing with Python project, you’ll need Python v.3 and Jupyter Notebook installed. You’ll need to have the following Python libraries installed:
- seaborn (optional)
You’ll work with data from an onboarding survey of customers, containing information about where they have heard about the platform.
customer_segmentation_data.csv file contains information about the country of residence, customer lifetime value, and overall engagement.
Segmentation data legend.xlsx contains additional information about the segmentation data variables.
- 2 Project files
- Guided and unguided instructions
- Part 1: Exploratory Data Analysis
- Part 2: Model Implementation
- Part 3: Model Evaluation and Results
- Part 4: Data Interpretation