Data Science

Identify customer segments for online retail with the use of K-means clustering

E-commerce industry needs data scientists for pretty much everything growth-related. Build some extraordinary proof of work in R for e-commerce

Certified by

Role

Data Scientist

Industry

Technology

Menterns at work

Level

Intermediate

Time Commitment

Submit First Draft in 30 days

Duration

60 days

Tools you’ll learn

Here’s What You Work On

About the Company

Snapdeal's mission is to become India’s value lifestyle omni-channel leader. This means they want to be the one-stop shop for all offline and online shoppers who are looking for a budget purchase. The company is building a complete ecosystem around value commerce, where they can serve 'Bharat' consumers wherever they are on their offline to online shopping journey. Snapdeal services 96% of the country's pin codes and aims to expand its network to reach the remotest areas of India.

Explore

the following work techniques

K-means clustering

Learn more about our Menternship Principle

Bridging the gap

E-commerce businesses like any other business depend on Customer Relationship Management software to manage customer relationships and drive customer loyalty and retention. Understanding the behavior of their customers and dividing them into segments as per their spending habits, and frequency of platform’s use - helps an e-commerce platform sharpen its customer success policy and increase revenue coming from repeat customers. Everyone in the e-commerce business understands that in a crowded marketplace, it is cheaper to retain customers than to acquire new ones for whose attention many competitors are already trying. A simple algorithm called K-means clustering can help Data Scientists better understand customer segments and predict their purchasing behavior and needs. In this menternship, you will get to practice this tool on R software.

Apply

the following skills

Data Analysis

Data preparation

Hypothesis testing

Model formulation

Learn more about our Menternship Principle

Expected output

In this menternship, you will use K-means clustering to identify customer segments in online retail

Create

the following deliverables

Dataset preparation for analysis

A model to group customer segments in online retail using R

Learn more about our Menternship Principle

What you’ll need before starting

R, segmentation algorithms

Why Do Menternships?

Build Real Skills by doing work, by experience.

Each Menternship experience is powered by the MentorMind experiential learning model. We empower you as a Mentern to produce your own unique real work output through mentoring, deep-learning & applying your learnings to work.

Do Real Work that matches corporate expectations.

All our Menternships are co-created with companies. They are designed for real-time work in the corporate function which allows all levers of a work experience to flourish in your Menternship experience.

Get active guidance from Real Mentors.

You get access to a guild of industry mentors with remarkably diverse experience in their fields. Mentors help you with expert advice, domain guidance or to understand a specific task better. Moreover, you can always depend on our community of menterns, MentorMind Garage, to seek assistance from your co-menterns, guides & mentors!

Showcase your Official Certification.

Successfully completing a Menternship is no less that having practical, hands-on work experience. You earn a Certificate of Recognition from the Menternship partner company which can be showcased on your CV or your LinkedIn as a proof of your real skills!

Become a member of the Mentern Perks Club.

As a Certified Mentern you earn a spot in the exclusive Mentern Perks Club, a MentorMind community that opens up networking amongst menterns from across the globe. MentorMind empowers the community with our amazing Perks Club guides, Do-With-Us workshops & access to work opportunities with our Corporate Partners!

Meet Our Certified Menterns

It was amazing! I learnt so many things like creating engagement on social media platforms. The 1:1 with mentors were super helpful. I learnt how to create Instagram ads, identify goals & do competitor analysis- so many things.

There was a lot of interactive sessions with Mentors. The Menternship I completed gave me a new perspective to how work has to be done. I truly enjoyed working with real figures & actual industry case studies.

My experience was great as I got a chance to explore subjects like Analytics which are difficult to look for. The Menternship allowed to get subject knowledge and see what goes behind the making and delivering of a product.

My experience was very useful as I learnt so much about Fleet Management & Digital Marketing connected to the real-world scenario. I learnt how to actually work with social media channels like IG & Facebook.

Identify customer segments for online retail with the use of K-means clustering

E-commerce industry needs data scientists for pretty much everything growth-related. Build some extraordinary proof of work in R for e-commerce

Explore our curated Resource Hub

Get Guidance in One-on-One Mentor Hours

Ask Questions in our Biweekly AMA

Resolve all doubts on Mentor Support Chatbox

Get Actionable Mentor Feedback on your work

Learn & Network at the exclusive Mentern Perks Club