ENHANCING CAR SHOWROOM PROFITABILITY THROUGH K-MEANS CLUSTERING FOR CUSTOMER SEGMENTATION

Indonesia is known to be one of Southeast Asia’s largest markets for used cars. Used car showrooms in Indonesia are numerous and varied, some focus on one car brand, some focus on the lower middle class, some focus on the upper middle class, and some provide all types of cars. One of them is PQR...

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Main Author: Rizky Satya Bhaskara, Muhammad
Format: Theses
Language:Indonesia
Subjects:
Online Access:https://digilib.itb.ac.id/gdl/view/75889
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Institution: Institut Teknologi Bandung
Language: Indonesia
id id-itb.:75889
spelling id-itb.:758892023-08-08T13:28:20ZENHANCING CAR SHOWROOM PROFITABILITY THROUGH K-MEANS CLUSTERING FOR CUSTOMER SEGMENTATION Rizky Satya Bhaskara, Muhammad Manajemen umum Indonesia Theses Used cars, Descriptive Analytics, Prescriptive Analytics, K-Means. INSTITUT TEKNOLOGI BANDUNG https://digilib.itb.ac.id/gdl/view/75889 Indonesia is known to be one of Southeast Asia’s largest markets for used cars. Used car showrooms in Indonesia are numerous and varied, some focus on one car brand, some focus on the lower middle class, some focus on the upper middle class, and some provide all types of cars. One of them is PQR Showroom, Even though PQR Showroom was able to generate such a great amount of sales, the profits generated by the PQR showroom are not proportional to the amount of capital invested. To increase the profit, we proposed the solution using descriptive analytics and prescriptive analytics using K-Means. We also carry out simulations by comparing sales in existing years with the results of the descriptive and prescriptive analytics that have been made for the expected profit. The results show that the simulation comparison with the data we have obtained from descriptive and prescriptive analysis gives the best-expected profit compared to the initial sales results at the PQR Showroom. It shows that the data using descriptive and K-Means is great than before. The fastest cars that have been sold is LCGC with the average days to be sold being 134.5 days. The most wanted car is MPY Toyota Avanza and the best profit that can generate is SUV Toyota Fortuner. text
institution Institut Teknologi Bandung
building Institut Teknologi Bandung Library
continent Asia
country Indonesia
Indonesia
content_provider Institut Teknologi Bandung
collection Digital ITB
language Indonesia
topic Manajemen umum
spellingShingle Manajemen umum
Rizky Satya Bhaskara, Muhammad
ENHANCING CAR SHOWROOM PROFITABILITY THROUGH K-MEANS CLUSTERING FOR CUSTOMER SEGMENTATION
description Indonesia is known to be one of Southeast Asia’s largest markets for used cars. Used car showrooms in Indonesia are numerous and varied, some focus on one car brand, some focus on the lower middle class, some focus on the upper middle class, and some provide all types of cars. One of them is PQR Showroom, Even though PQR Showroom was able to generate such a great amount of sales, the profits generated by the PQR showroom are not proportional to the amount of capital invested. To increase the profit, we proposed the solution using descriptive analytics and prescriptive analytics using K-Means. We also carry out simulations by comparing sales in existing years with the results of the descriptive and prescriptive analytics that have been made for the expected profit. The results show that the simulation comparison with the data we have obtained from descriptive and prescriptive analysis gives the best-expected profit compared to the initial sales results at the PQR Showroom. It shows that the data using descriptive and K-Means is great than before. The fastest cars that have been sold is LCGC with the average days to be sold being 134.5 days. The most wanted car is MPY Toyota Avanza and the best profit that can generate is SUV Toyota Fortuner.
format Theses
author Rizky Satya Bhaskara, Muhammad
author_facet Rizky Satya Bhaskara, Muhammad
author_sort Rizky Satya Bhaskara, Muhammad
title ENHANCING CAR SHOWROOM PROFITABILITY THROUGH K-MEANS CLUSTERING FOR CUSTOMER SEGMENTATION
title_short ENHANCING CAR SHOWROOM PROFITABILITY THROUGH K-MEANS CLUSTERING FOR CUSTOMER SEGMENTATION
title_full ENHANCING CAR SHOWROOM PROFITABILITY THROUGH K-MEANS CLUSTERING FOR CUSTOMER SEGMENTATION
title_fullStr ENHANCING CAR SHOWROOM PROFITABILITY THROUGH K-MEANS CLUSTERING FOR CUSTOMER SEGMENTATION
title_full_unstemmed ENHANCING CAR SHOWROOM PROFITABILITY THROUGH K-MEANS CLUSTERING FOR CUSTOMER SEGMENTATION
title_sort enhancing car showroom profitability through k-means clustering for customer segmentation
url https://digilib.itb.ac.id/gdl/view/75889
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