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Notice détaillée

Customer retention via data mining

Article Ecrit par: Ng, K. ; Liu, H. ;

Résumé: "Customer Retention" is an increasingly pressing issue in today's ever-competitive commercial arena. This is especially relevant and important for sales and services related industries. Motivated by a real-world problem faced by a large company, we proposed a solution that integrates various techniques of data mining, such as feature selection via induction, deviation analysis, and mining multiple concept-level association rules to form an intuitive and novel approach to gauging customer loyalty and predicting their likelihood of defection. Immediate action triggered by these "early-warnings" resulting from data mining is often the key to eventual customer retention.


Langue: Anglais