Decision Tree: Customer churn analysis for a loyalty program using data mining algorithm

In the world of retailer, customers typically patronize multiple shops thus making loyalty programs a favorite among retailer to retain their customers. Loyalty programs are utilized across many different businesses as a marketing strategy to encourage customers to continuously shop or patronize the...

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Main Authors: Lee, Angela Siew Hoong *, Zuraini Zainol, Ng, Claudia, Chan, Khin Whai
Format: Conference or Workshop Item
Language:English
Published: 2019
Subjects:
Online Access:http://eprints.sunway.edu.my/1207/
http://eprints.sunway.edu.my/1207/1/Angela%20Lee%20Decision%20Tree.pdf
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author Lee, Angela Siew Hoong *
Zuraini Zainol,
Ng, Claudia
Chan, Khin Whai
author_facet Lee, Angela Siew Hoong *
Zuraini Zainol,
Ng, Claudia
Chan, Khin Whai
author_sort Lee, Angela Siew Hoong *
building SU Institutional Repository
collection Online Access
description In the world of retailer, customers typically patronize multiple shops thus making loyalty programs a favorite among retailer to retain their customers. Loyalty programs are utilized across many different businesses as a marketing strategy to encourage customers to continuously shop or patronize the services provided by a certain organization. However, one of the biggest problem faced by these businesses is customer churn. The purpose of this research was to build a predictive model, which could predict customer churn, where visualization of data was generated to better understand the existing members and see the patterns and behavior demonstrated by members of the loyalty program. Through these, meaningful insights about the businesses’ analysis on customers could be gathered and utilized for better actions which could be taken to address the issues which the company faces. At the end, based on the issues found, strategies were proposed to address the issues found. For this research, SAS Enterprise Miner was used to perform predictive analysis while Tableau was used to perform descriptive analysis.
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spelling sunway-12072020-10-07T04:57:55Z http://eprints.sunway.edu.my/1207/ Decision Tree: Customer churn analysis for a loyalty program using data mining algorithm Lee, Angela Siew Hoong * Zuraini Zainol, Ng, Claudia Chan, Khin Whai QA76 Computer software In the world of retailer, customers typically patronize multiple shops thus making loyalty programs a favorite among retailer to retain their customers. Loyalty programs are utilized across many different businesses as a marketing strategy to encourage customers to continuously shop or patronize the services provided by a certain organization. However, one of the biggest problem faced by these businesses is customer churn. The purpose of this research was to build a predictive model, which could predict customer churn, where visualization of data was generated to better understand the existing members and see the patterns and behavior demonstrated by members of the loyalty program. Through these, meaningful insights about the businesses’ analysis on customers could be gathered and utilized for better actions which could be taken to address the issues which the company faces. At the end, based on the issues found, strategies were proposed to address the issues found. For this research, SAS Enterprise Miner was used to perform predictive analysis while Tableau was used to perform descriptive analysis. 2019-09-24 Conference or Workshop Item PeerReviewed text en cc_by_nc_4 http://eprints.sunway.edu.my/1207/1/Angela%20Lee%20Decision%20Tree.pdf Lee, Angela Siew Hoong * and Zuraini Zainol, and Ng, Claudia and Chan, Khin Whai (2019) Decision Tree: Customer churn analysis for a loyalty program using data mining algorithm. In: Soft Computing in Data Science: 5th International Conference, SCDS 2019 Proceedings, August 28–29, 2019, Iizuka, Japan. https://link.springer.com/chapter/10.1007/978-981-15-0399-3_2
spellingShingle QA76 Computer software
Lee, Angela Siew Hoong *
Zuraini Zainol,
Ng, Claudia
Chan, Khin Whai
Decision Tree: Customer churn analysis for a loyalty program using data mining algorithm
title Decision Tree: Customer churn analysis for a loyalty program using data mining algorithm
title_full Decision Tree: Customer churn analysis for a loyalty program using data mining algorithm
title_fullStr Decision Tree: Customer churn analysis for a loyalty program using data mining algorithm
title_full_unstemmed Decision Tree: Customer churn analysis for a loyalty program using data mining algorithm
title_short Decision Tree: Customer churn analysis for a loyalty program using data mining algorithm
title_sort decision tree: customer churn analysis for a loyalty program using data mining algorithm
topic QA76 Computer software
url http://eprints.sunway.edu.my/1207/
http://eprints.sunway.edu.my/1207/
http://eprints.sunway.edu.my/1207/1/Angela%20Lee%20Decision%20Tree.pdf