• DocumentCode
    1955685
  • Title

    The fuzzy clustering on market segment

  • Author

    Hsu, Tsuen-Ho ; Chu, Kao-Ming ; Chan, Hei-Chun

  • Author_Institution
    Dept. of Bus. Adm., I-Shou Univ., Kaohsiung, Taiwan
  • Volume
    2
  • fYear
    2000
  • fDate
    2000
  • Firstpage
    621
  • Abstract
    In any study of market segmentation, researchers often use clustering analysis as a tool. The analysis often is in a crisp partition form. But in practice, the sample are usually not well distributed, therefore the form may not be precisely defined. That is, one sample can belong to two or more groups. But, due to the fact that the requirements on the consumers and on the market are very high and the many real-market problems are fuzzy by nature and not random, the probability applications have not been very satisfactory in a lot of case. In this study, we adopt the fuzzy cluster method and attempt to combine a new compactness and separation validity function to build market segmentation in order to address the fuzziness among the group boundaries. Then we can use membership grade to describe each group. Therefore, the real market situation is clearly presented. Through membership grade, we depict the reality of the market, which lies between integers and real number. Buyers´ mindsets are both rational and complicated, so their purchasing decisions are not predictable and are affected by many factors. The structural stability of the market can be tested by the loyalty of buyers who pertain to different clusters. Marketing strategies will also have effects on the movement of group for housing buyer
  • Keywords
    economic cybernetics; fuzzy set theory; pattern clustering; stability; compactness validity function; fuzzy clustering; house purchase; housing buyers; market segmentation; market structural stability; probability applications; separation validity function; Clustering methods; Consumer behavior; Educational institutions; Information analysis; Structural engineering; Testing;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Fuzzy Systems, 2000. FUZZ IEEE 2000. The Ninth IEEE International Conference on
  • Conference_Location
    San Antonio, TX
  • ISSN
    1098-7584
  • Print_ISBN
    0-7803-5877-5
  • Type

    conf

  • DOI
    10.1109/FUZZY.2000.839064
  • Filename
    839064