Cheaper to keep
Easier to sell to
Increased sales over time
Free valued advertising
Compound investment
Lost sales and revenue
Opportunity to improve
Distraction from other important issues
Unexpected opportunity for the competition
Increase customer retention by 25-35%
Increase profit by 40-90%
Decrease product cancellation up to 50-70%
Turn an existing customer into a repeatative customer by 60–70%
We help retailers with cutting edge technology to increase sales, increase customer satisfaction and decrease costs
Set success criteria for predictions at the start of the solution implementation.
Ensure you have the necessary data to make predictions and employ Machine Learning to find the probability of customer churn.
Update the prediction model with the latest customer data to improve prediction accuracy.
Develop plans for customer retention based on prediction results and utilize them
Churn prediction result for a giant retailer
