International Market Segmentation and Cross-Export Strategies Development Case Study: Iranian Furniture Industry |
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Authors: | Samira Malek Mohamadi Golsefid |
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Institution: | Industrial Engineering Department , Iran University of Science and Technology , Tehran, Iran |
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Abstract: | ABSTRACT By developing an international market and significant differences between countries in this regard, segmentation becomes an increasingly important concept in marketing. In this article, the international market of Iranian furniture industry is segmented and cross-exporting strategies are developed to increase the market share of Iranian furniture in each segment. To achieve this, two distance functions are introduced based on correlation between export groups to cluster countries with k-means algorithm. After market segmentation for increasing sales in each segment, cross-exporting strategies are predicted by extracting association rules in each segment based on Apriori algorithm to set export baskets. |
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Keywords: | International market segmentation association rules clustering data mining export basket cross-exporting strategy |
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