Customer Retention via Data Mining

被引:0
|
作者
KianSing Ng
Huan Liu
机构
[1] National University of Singapore,School of Computing
[2] National University of Singapore,School of Computing
来源
关键词
customer retention; data mining; deviation analysis; feature selection; multiple level association rules;
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学科分类号
摘要
``Customer Retention'' is an increasingly pressing issue intoday's ever-competitive commercial arena. This is especially relevantand important for sales and services related industries. Motivated by areal-world problem faced by a large company, we proposed a solution thatintegrates various techniques of data mining, such as featureselection via induction, deviation analysis, and mining multipleconcept-level association rules to form an intuitive and novel approachto gauging customer loyalty and predicting their likelihood ofdefection. Immediate action triggered by these ``early-warnings''resulting from data mining is often the key to eventual customerretention.
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页码:569 / 590
页数:21
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