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Tagged Posts: customer churn

6 Predictive Analytics Steps To Reduce Customer Churn
  • February 28, 2023

6 Predictive Analytics Steps to Reduce Customer Churn

Keeping customer churn in check is dire, as it typically costs more to acquire a customer than to retain customers. To help businesses retain their customers, data scientists and IT analysts should consider customer churn analysis to better predict customer behavior. Here’s a quick overview of the tools necessary to predict customer churn.   Calculate…

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6 Predictive Analytics Steps To Reduce Customer Churn
  • February 7, 2023

6 Predictive Analytics Steps to Reduce Customer Churn

Keeping customer churn in check is dire, as it typically costs more to acquire a customer than to retain customers. To help businesses retain their customers, data scientists and IT analysts should consider customer churn analysis to better predict customer behavior. Here’s a quick overview of the tools necessary to predict customer churn.   #1.…

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Predictive Analytics Can Reduce Customer Churn And Optimize Marketing Efforts
  • September 17, 2020

Predictive Analytics can Reduce Customer Churn and Optimize Marketing Efforts

All customers are not equal – there are some your business just can’t afford to lose. Do you know who they are and what is required to retain them? With predictive analytics powered by Actian Actian, you can do just that. Companies have been using statistical modeling, data correlation and behavioral forecasting for many…

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Reducing Customer Churn In The Telecom Industry With Connected Data
  • April 13, 2020

Reducing Customer Churn in the Telecom Industry with Connected Data

Customer loyalty is the key to profitability in the telecom industry. Because telecom providers manage large fixed infrastructures that must be offset by revenue, customer churn (attrition) is particularly problematic in this industry. Low switching costs for customers (supported by government regulations) mean that customer loyalty is the only real tool that telecom companies…

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