nowadays, marketing managers are more concerned with identifying and understanding customer behavior in the online space. since the customers in online space are not visible, it is much essential to have more information about them to provide better services. customer segmentation is one way to improve the customer problems in an online space. identifying characteristics of customers and optima...

The rapid growing of information technology (IT) motivates and makes competitive advantages in health care industry. Nowadays, many hospitals try to build a successful customer relationship management (CRM) to recognize target and potential patients, increase patient loyalty and satisfaction and finally maximize their profitability. Many hospitals have large data warehouses containing customer ...

0957-4174/$ see front matter 2008 Elsevier Ltd. A doi:10.1016/j.eswa.2008.05.027 * Corresponding author. Tel.: +32 9 264 89 80; fax: E-mail address: [email protected] (D. Va URL: http://www.crm.UGent.be (D. Van den Poel). Customer churn is often a rare event in service industries, but of great interest and great value. Until recently, however, class imbalance has not received much attent...

Purpose: this study wants to find any relationship between the numbers of purchase and the income the customer brings to the company. The attempt is to find those customers who buy more than one life insurance policy and represent the signs of good payments at the same time by the help of data mining tools. Design/ methodology/ approach: the approach of this research is to use data mining tools...

The purpose of this study is to find out if there is a relationship between parameter ofsegmentation and customer satisfaction, in order to find out the current parameter of segmentationin automobile industries In India researcher has gone through several published journal, books,magazines and companies data. The result shows that the most important factor for segmentation ofautomobile industri...

Customer churn in online firms is difficult to manage because customers are so fickle. The ability to detect churn in the early stage is something every online firm would wish to achieve. It represents both a potential revenue source and a cost-saving benefit. Churn prediction models attempt to organize customer behaviors, transactions and demographics to reduce the possibility of churn within ...

Churn prediction is an important task for Customer Relationship Management (CRM) in telecommunication companies. Accurate churn prediction helps CRM in planning effective strategies to retain their valuable customers. However, churn prediction is a complex and challenging task. In this paper, a hybrid churn prediction model is proposed based on combining two approaches; Neighborhood Cleaning Ru...

The success of prediction models for business purposes should not be measured by their accuracy only. Their evaluation should also take into account the higher importance of precise prediction for “valuable” customers. We illustrate this idea through the example of churn modeling in telecommunications, where it is obviously much more important to identify potential churn among valuable customer...