Churn Prediction

Here you’ll find everything about churn prediction, whether it’s Python tutorials or conceptual articles.

According to industry experts, it is at least four times more expensive to win a new customer than to retain an existing one. Companies that are able to identify churn candidates in advance and manage to retain them can significantly reduce costs. This is exactly what churn prediction is about. It is about predicting the likelihood of a user leaving in order to take action before that happens.

Customer Churn Prediction – Understanding Models with Feature Permutation Importance using Python

churn prediction python

Customer retention is a prime objective for service companies, and understanding the patterns that lead to customer churn can be the key to maintaining long-lasting client relationships. Businesses incur significant costs when customers discontinue their services, hence it’s vital to identify potential churn risks and take preemptive actions to retain these customers. Machine Learning models … Read more