48Mining Your Own Business in Telecoms Using DB2 Intelligent Miner for Data
4.1 The business issue
Knowing who your customers are is a very good starting point to understand the
rapidly changing market environment in the telecoms industry. A clear
understanding of your customers is also the basis of taking targeted action to
each group of customers. For example, you can offer special price plans or free
minutes to certain groups of customers, such as a high weekend usage group or
high inbound usage group.
Customer segmentation - Grouping similar customers together based on their
characteristics is essential for the customer understanding and ...
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