Forecasting client retention — A machine-learning approach

Journal of Retailing and Consumer Services(2020)

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摘要
In the age of big data, companies store practically all data on any client transaction. Making use of this data is commonly done with machine-learning techniques so as to turn it into information that can be used to drive business decisions. Our interest lies in using data on prepaid unitary services in a business-to-business setting to forecast client retention: whether a particular client is at risk of being lost before they cease being clients. The purpose of such a forecast is to provide the company with an opportunity to reach out to such clients as an effort to ensure their retention.
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关键词
Client retention,Sales forecasting,Machine learning,Prepaid unitary services
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