DocumentCode :
1132363
Title :
Customer behavior prediction - it´s all in the timing
Author :
Yan, Lian ; Wolniewicz, Richard ; Dodier, Robert
Volume :
23
Issue :
4
fYear :
2004
Firstpage :
20
Lastpage :
25
Abstract :
This paper describes the prediction of customer behavior, which enables service providers in the telecommunications industries to proactively build customer loyalty and to maximize profitability. The prediction process involves extracting customer data, preprocessing the raw data, building a predictive model, and evaluating the model. The modeler needs to understand the service provider´s business rules and the application scenario. Customer data used for prediction can be massive and yet sparse, and is dynamic, noisy, and sometimes faulty. For the success of a project, data preparation and timing are often critical components.
Keywords :
customer satisfaction; customer services; prediction theory; telecommunication; customer behavior prediction; customer data; customer loyalty; predictive model; raw data preprocessing; service provider; telecommunication industry; Accuracy; Area measurement; Current measurement; Data mining; Data warehouses; Databases; Input variables; Predictive models; Timing; Training data;
fLanguage :
English
Journal_Title :
Potentials, IEEE
Publisher :
ieee
ISSN :
0278-6648
Type :
jour
DOI :
10.1109/MP.2004.1343225
Filename :
1343225
Link To Document :
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