Abstract:Customer churn is a major concern for large companies (notably telcos), even in a big data world. Customer retention campaigns are routinely used to prevent churn, but targeting the right customers on the basis of their historical profile is a difficult task. Companies usually have recourse to two data-driven approaches: churn prediction and uplift modeling. In churn prediction, customers are selected on the basis of their propensity to churn in a near future. In uplift modeling, only customers reacting positi… Show more
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