in order to survive and sustain the competitive advantage in the competitive markets, many organizations have turned to relationship marketing by focusing on maximizing the life time value of their customers and churn management. in fact, more and more companies do realize that their most precious asset is the existing customer base. customer retention is a valuable strategy to ensure long term...

Marketing literature states that it is more costly to engage a new customer than to retain an existing loyal customer. Churn prediction models are developed by academics and practitioners to effectively manage and control customer churn in order to retain existing customers. As churn management is an important activity for companies to retain loyal customers, the ability to correctly predict cu...

In present days there is huge competition between various companies in the industry. Due to this companies pay more attention towards their customers rather than their product. They become aware of customer churn issue. Basically when a customer ceases one’s relationship with the company, this misfortune of relationship is known as customer churn. Various data mining approaches are used to pred...

Customer churn has become a critical issue, especially in the competitive and mature credit card industry. From an economic and risk management perspective, it is important to understand customer characteristics in order to retain customers and differentiate high-quality credit customers from bad ones. However, studies have not yet adequately introduced rules based on customer characteristics a...

With the fast development of digital systems and concomitant information technologies, there is certainly an incipient spirit in the extensive overall economy to put together digital Customer Relationship Management (CRM) systems. This slanting is further more palpable in the telecommunications industry, in which businesses turn out to be increasingly digitalized. Customer churn prediction is a...

Customer churn has emerged as a critical issue for Customer Relationship Management and customer retention in the telecommunications industry, thus churn prediction is necessary and valuable to retain the customers and reduce the losses. Recently rule-based classification methods designed transparently interpreting the classification results are preferable in customer churn prediction. However ...

The aim of this paper is to identify the most suitable model for churn prediction based on three different techniques. The paper identifies the variables that affect churn in reverence of customer complaints data and provides a comparative analysis of neural networks, regression trees and regression in their capabilities of predicting customer churn. Keywords—Churn, Neural Networks, Regression,...