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Publication detail
FRIDRICH, M. DOSTÁL, P.
Original Title
User Churn Model in E-Commerce Retail
Type
journal article in Web of Science
Language
English
Original Abstract
In e-commerce retail, maintaining a healthy customer base through retention management is necessary. Churn prediction efforts support the goal of retention and rely upon dependent and independent characteristics. Unfortunately, there does not appear to be a consensus regarding a user churn model. Thus, our goal is to propose a model based on a traditional and new set of attributes and explore its properties using auxiliary evaluation. Individual variable importance is assessed using the best performing modeling pipelines and a permutation procedure. In addition, we estimate the effects on the performance and quality of a feature set using an original technique based on importance ranking and information retrieval. The performance benchmark reveals satisfying pipelines utilizing LR, SVM-RBF, and GBM learners. The solutions rely profoundly on traditional recency and frequency aspects of user behavior. Interestingly, SVM-RBF and GBM exploit the potential of more subtle elements describing user preferences or date-time behavioural patterns. The collected evidence may also aid business decision-making associated with churn prediction efforts, e.g., retention campaign design.
Keywords
User Model; Churn Prediction; Customer Relationship Management; Electronic Commerce; Retail; Machine Learning; Feature Importance; Feature Set Importance
Authors
FRIDRICH, M.; DOSTÁL, P.
Released
5. 4. 2022
Publisher
Univ Pardubice, Fac Economics Adm
Location
Pardubice
ISBN
1804-8048
Periodical
Scientific Papers of the University of Pardubice, Series D
Year of study
30
Number
1
State
Czech Republic
Pages from
Pages to
12
Pages count
URL
https://editorial.upce.cz/1804-8048/30/1/1478
Full text in the Digital Library
http://hdl.handle.net/11012/204120
BibTex
@article{BUT177514, author="Martin {Fridrich} and Petr {Dostál}", title="User Churn Model in E-Commerce Retail", journal="Scientific Papers of the University of Pardubice, Series D", year="2022", volume="30", number="1", pages="1--12", doi="10.46585/sp30011478", issn="1804-8048", url="https://editorial.upce.cz/1804-8048/30/1/1478" }