Enhanced Feature Mining and Classifier Models to Predict Customer Churn for an E-retailer

被引:0
|
作者
Subramanya, Karthik B. [1 ]
Somani, Arun [1 ]
机构
[1] Iowa State Univ, Dept Elect & Comp Engn, Ames, IA 50011 USA
关键词
Customer churn; E-commerce; Clickstream; Big-data; F-anova; Regularization; Binary classifiers; Logistic Regression; SVC; Gradient-boost Ensemble; SUPPORT VECTOR MACHINE; ATTRITION;
D O I
暂无
中图分类号
TP [自动化技术、计算机技术];
学科分类号
0812 ;
摘要
Customer Churn, an event indicating a customer abandoning an established relation with a business is an important problem researched well, both for academic and commercial interest. Through this work, we propose an improved churn prediction model that emphasizes on an effective data collection pipeline through varied channels capturing explicit and implicit customer footprints. The goal of this paper is to demonstrate the improvement in classifier efficiency using an extended feature set and feature selection algorithms. Prominent features playing a vital role in customer churn are also ranked. The contributions through this paper can be broadly categorized into 3 folds: First, we discuss how popular data mining tools in Hadoop stack help extract several implicit customer interaction metrics including Sales and Clickstream logs generated as a result of customer interaction. Second, through Feature Engineering techniques we verify that some of the new features we propose have a definite impact on customer churn. Finally, we demonstrate how Regularized Logistic Regression, SVM and Gradient Boost Random Forests are the best performing models for predicting customer churn verified through comprehensive cross-validation techniques.
引用
收藏
页码:531 / 536
页数:6
相关论文
共 9 条
  • [1] Impact of Customer Traffic and Service Process Outsourcing Levels on e-Retailer Operational Performance
    Perdikaki, Olga
    Peng, David Xiaosong
    Heim, Gregory R.
    PRODUCTION AND OPERATIONS MANAGEMENT, 2015, 24 (11) : 1794 - 1811
  • [2] The mediating role of trust in the relationship between e-retailer quality and customer intention of online shopping
    Chuang, Huan-Ming
    Fan, Chwei-Jen
    AFRICAN JOURNAL OF BUSINESS MANAGEMENT, 2011, 5 (22): : 9522 - 9529
  • [3] CUSTOMER CHURN MODELS: A COMPARISON OF PROBABILITY AND DATA MINING APPROACHES
    Jahromi, Ali Tamaddoni
    Stakhovych, Stanislav
    Ewing, Michael
    LOOKING FORWARD, LOOKING BACK: DRAWING ON THE PAST TO SHAPE THE FUTURE OF MARKETING, 2016, : 144 - 148
  • [4] Transforming customer engagement with artificial intelligence E-marketing: an E-retailer perspective in the era of retail 4.0
    Behera, Rajat Kumar
    Bala, Pradip Kumar
    Rana, Nripendra P.
    Algharabat, Raed Salah
    Kumar, Kumod
    MARKETING INTELLIGENCE & PLANNING, 2024, 42 (07) : 1141 - 1168
  • [5] Customer Churn Analysis and Prediction Using Data Mining Models in Banking Industry
    Karvana, Ketut Gde Manik
    Yazid, Setiadi
    Syalim, Amril
    Mursanto, Petrus
    2019 4TH INTERNATIONAL WORKSHOP ON BIG DATA AND INFORMATION SECURITY (IWBIS 2019), 2019, : 33 - 37
  • [6] Offering a hybrid approach of data mining to predict the customer churn based on bagging and boosting methods
    Fathian, Mohammad
    Hoseinpoor, Yaser
    Minaei-Bidgoli, Behrouz
    KYBERNETES, 2016, 45 (05) : 732 - 743
  • [7] A Survey on Customer Churn Prediction using Machine Learning and data mining Techniques in E-commerce
    Gopal, Priya
    Bin MohdNawi, Nazri
    2021 IEEE ASIA-PACIFIC CONFERENCE ON COMPUTER SCIENCE AND DATA ENGINEERING (CSDE), 2021,
  • [8] "Does your backyard nurture loyal customers?" The role of personal reciprocity in the relationship between satisfaction with an e-retailer sponsored virtual community and customer loyalty
    Bi Qingqing
    Vogel, Douglas R.
    AMCIS 2012 PROCEEDINGS, 2012,
  • [9] Generative Feature Language Models for Mining Implicit Features from Customer Reviews
    Santu, Shubhra Kanti Karmaker
    Sondhi, Parikshit
    Zhai, ChengXiang
    CIKM'16: PROCEEDINGS OF THE 2016 ACM CONFERENCE ON INFORMATION AND KNOWLEDGE MANAGEMENT, 2016, : 929 - 938