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Data Science for Marketing Analytics - Second Edition

You're reading from  Data Science for Marketing Analytics - Second Edition

Product type Book
Published in Sep 2021
Publisher Packt
ISBN-13 9781800560475
Pages 636 pages
Edition 2nd Edition
Languages
Authors (3):
Mirza Rahim Baig Mirza Rahim Baig
Profile icon Mirza Rahim Baig
Gururajan Govindan Gururajan Govindan
Profile icon Gururajan Govindan
Vishwesh Ravi Shrimali Vishwesh Ravi Shrimali
Profile icon Vishwesh Ravi Shrimali
View More author details

Table of Contents (11) Chapters

Preface
1. Data Preparation and Cleaning 2. Data Exploration and Visualization 3. Unsupervised Learning and Customer Segmentation 4. Evaluating and Choosing the Best Segmentation Approach 5. Predicting Customer Revenue Using Linear Regression 6. More Tools and Techniques for Evaluating Regression Models 7. Supervised Learning: Predicting Customer Churn 8. Fine-Tuning Classification Algorithms 9. Multiclass Classification Algorithms Appendix

Churn Prediction Case Study

You work at a multinational bank that is aiming to increase its market share in Europe. Recently, the number of customers using banking services has declined, and the bank is worried that existing customers have stopped using them as their main bank. As a data scientist, you are tasked with finding out the reasons behind customer churn and predicting future customer churn. The marketing team is interested in your findings and wants to better understand existing customer behavior and possibly predict future customer churn. Your results will help the marketing team to use their budget wisely to target potential churners.

Before you start analyzing the problem, you'll first need to have the data at you disposal.

Obtaining the Data

This step refers to collecting data. Data can be obtained from a single source or multiple sources. In the real world, collecting data is not always easy since the data is often divided. It can be present in multiple...

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