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Title: | CHURN PREDICTION AND CLASS IMBALANCE FOR DATA MINING PROBLEMS |
Other Titles: | INTERNATIONAL CONFERENCE ON ADVANCES IN COMPUTER SCIENCE & INFORMATION TECHNOLOGY |
Authors: | M, Rajeswari |
Keywords: | Data Mining CRM Churn |
Issue Date: | 15-Sep-2018 |
Publisher: | KG College of Arts and Science, Coimbatore. |
Abstract: | Customer churn and engagement has become one of the top issues for most banks. It costs significantly more to acquire new customers than retain existing ones and it costs far more to reacquire defected customers. In fact, several empirical studies and models have proven that churn remains one of the biggest destructors of enterprise value for banks and other consumer intensive companies. Churn has an equal or greater impact on Customer Lifetime Value when compared to one of the most regarded KPI’s(Key Performance Indicator) such as ARPU(Average Revenue per User).The quality of service and banking fees seems to be the top two drivers for customers to consider another alternative. |
URI: | http://localhost:8080/xmlui/handle/123456789/283 |
ISBN: | 978-93-5311-228-8 |
Appears in Collections: | International Conference |
Files in This Item:
File | Description | Size | Format | |
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Churn Prediction and Class Imbalance for Data Mining Problems..docx | 11.24 kB | Microsoft Word XML | View/Open |
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