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