Proceedings of the 3rd International Conference on Internet Finance and Digital Economy (ICIFDE 2023)

Research on Classification of Railway Freight Customers Based on Customer Value Analysis

Authors
Yang Yi1, *, Huang Lei2
1School of Economics and Management, Beijing Jiaotong University, Beijing, China
2School of Economics and Management, Beijing Jiaotong University, Beijing, China
*Corresponding author. Email: y18513546911@163.com
Corresponding Author
Yang Yi
Available Online 29 October 2023.
DOI
10.2991/978-94-6463-270-5_3How to use a DOI?
Keywords
Railway freight transportation; customer segmentation; K-Means Algorithm
Abstract

Customer segmentation can divide the existing customers of an enterprise into different customer groups according to certain standards, and the research on customer segmentation based on customer value has important theoretical and practical significance. Based on the huge customer data accumulated by freight railways, a customer value segmentation model based on improved K-Means algorithm is proposed. Firstly, the dimensions and indicators of customer segmentation are determined, and then the K-Means algorithm is designed and improved based on the customer segmentation framework. Experiments show that the model has good classification effect, and it has obvious practical significance to apply it to railway freight marketing.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 3rd International Conference on Internet Finance and Digital Economy (ICIFDE 2023)
Series
Atlantis Highlights in Economics, Business and Management
Publication Date
29 October 2023
ISBN
978-94-6463-270-5
ISSN
2667-1271
DOI
10.2991/978-94-6463-270-5_3How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Yang Yi
AU  - Huang Lei
PY  - 2023
DA  - 2023/10/29
TI  - Research on Classification of Railway Freight Customers Based on Customer Value Analysis
BT  - Proceedings of the 3rd International Conference on Internet Finance and Digital Economy (ICIFDE 2023)
PB  - Atlantis Press
SP  - 19
EP  - 26
SN  - 2667-1271
UR  - https://doi.org/10.2991/978-94-6463-270-5_3
DO  - 10.2991/978-94-6463-270-5_3
ID  - Yi2023
ER  -