Sample publication
This study explores the application of predictive analytics to enhance customer retention by identifying high-risk customers before they churn.
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Book
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Africa
Americas
Antarctica
Asia
Europe
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Authors
About
Using a dataset of over 100,000 customer records, the authors developed a predictive model that analyzed behavioral patterns, purchase history, and engagement levels to determine factors associated with churn. The model achieved an accuracy rate of 89% in predicting customer churn, allowing businesses to proactively target at-risk customers with retention strategies.
Key Findings
- Customer engagement frequency, response time to support tickets, and purchase regularity were the strongest indicators of potential churn.
- Proactive retention measures, when applied to high-risk customers, resulted in a 15% improvement in retention rates.