April 25, 2024
Seyed Yaghoub Hosseini

Seyed Yaghoub Hosseini

Academic Rank: Associate professor
Address: Bushehr, Persian Gulf University, Business School
Degree: Ph.D in Management
Phone: 07731222124
Faculty: School of Business and Economics

Research

Title A Data Mining Approach for Segmentation Based Importance-Performance Analysis (SOM-BPNN-IPA): A New Framework for Developing Customer Retention Strategies
Type Article
Keywords
Journal Service Business
DOI
Researchers Seyed Yaghoub Hosseini (First researcher) ,

Abstract

Importance-performance analysis (IPA) is a simple but effective means of assisting practitioners in prioritizing service attributes when attempting to enhance service quality and customer satisfaction. The purpose of this study was to demonstrate how IPA can be used with market segmentation to develop customer retention strategies for different market segments. For this purpose, a new framework have been proposed that uses self-organizing maps for customers’ segmentation and back-propagation neural network (BPNN) for implicity drive the importance of service attributes based on their effect on customers’ loyalty in each segment. Then, individual IPA matrixes are developed for each market segment. Also, an example case is presented to demonstrate the implementation and application of the proposed framework. The results of the proposed framework compared with a conventional BPNN-IPA approach indicated that it can increase reliability and applicability of IPA results.