Does country-of-origin brand personality generate retail customer lifetime value? A Big Data analytics approach

The present study sought to fill the research gap by using Big Data analytics to analyze approximately 44,000 point-of-sale transaction records for 26,000 customers of a Taiwanese retail store to understand how consumer personality traits relate to the country-of-origin (COO) traits (brand personality) of beer brands, and to predict potential customer lifetime value (CLV). The findings revealed that consumers tend to purchase and co-purchase brands with traits similar to their own personality traits (i.e., Japan-peacefulness, Belgium-openness, Ireland-excitement, etc.). Significantly, customers with the group of personality traits associated with “peacefulness” and “openness” were the most profitable customers among the five analyzed clusters (CLV value = 0.3149, 0.2635). The study provides valuable new insights into COO brand personality and consumer personality traits with co-purchase behaviors via data mining techniques, and highlights the value of extending CLV in developing useful marketing strategies.