Imagine that you are a marketing executive at a major telecommunication company that has been facing the issue of increased customer churn recently. You are using traditional analytical methods with financial and location data to construct a predictive model for customer churn. However, you want to leverage memo data that has been obtained from the customer contact center and local sells stores. You also believe that the Web blogs and posts contain very important information that you could use to attack customer churn. Examining the unstructured data and the structured data together may provide more insight on why customers want to leave one company and join another company.
Write a five-page paper in which you:
Evaluate the importance of unstructured data in the churn analysis.
List other structured and unstructured data other than the memo and Web blogs that you need to use in your churn analysis.
Propose a series of steps for deriving a predictive model using text and Web analytics. Provide at least one example of how the process can be integrated in the modeling process using structured data.
Identify at least two technologies that you can use to construct the predictive model and highlight their pros and cons.
Explain why “voice of the customer” carries much more insight into churn analysis and prevention.
Suggest at least one churn prevention method that you can use to reduce your churn rate based on your model.
Use at least three quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
Your assignment must follow these formatting requirements:
This course requires use of new Strayer Writing Standards (SWS). The format is different from other Strayer University courses. Please take a moment to review the SWS documentation for details.
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow SWS or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this ass
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more