Research on e-commerce customer value mining based on K-means clustering algorithm

Abstract

Abstract In the era of e-commerce economy, how to mine and study the different values of customers is an essential factor affecting the development of e-commerce enterprises. Based on this, this paper uses a clustering algorithm to mine and study the value of e-commerce customers. The research firstly constructs RFM e-commerce customer value identification framework, designs e-commerce customer value evaluation indexes and calculates the weights of the value indexes, and then uses K-means clustering algorithm and classical artificial bee colony algorithm to improve the Calculation, and completes e-commerce customer refinement based on the value of the user. The results show that the type of e-commerce customer value based on the RFMC model can be divided into eight types, based on which the e-commerce customer value is further subdivided into four types by using the clustering algorithm, namely, core customers (13.86%), supportive customers (45.38%), habitual customers (21.08%) and risky customers (19.68%). Based on the clustering algorithm, the customer value was classified into type 0 customers (low value customers), type 1 customers (high value customers), and type 2 customers (medium value customers).