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What is Churn

Handbook of Research on Advanced Hybrid Intelligent Techniques and Applications
Interruption of the contract or using product or services.
Published in Chapter:
Discovering Behavioural Patterns within Customer Population by using Temporal Data Subsets
Goran Klepac (Raiffeisenbank Austria d.d., Croatia)
DOI: 10.4018/978-1-4666-9474-3.ch008
Abstract
Chapter represents discovering behavioural patterns within non-temporal and temporal data subsets related to customer churn. Traditional approach, based on using conventional data mining techniques, is not a guarantee for discovering valuable patterns, which could be useful for decision support. Business case, as a part of the text, illustrates such type of situation, where an additional data set has been chosen for finding useful patterns. Chosen data set with temporal characteristics was the key factor after applying REFII model on it, for finding behavioural customer patterns and for understanding causes of the increasing churn trends within observed portfolio. Text gives a methodological framework for churn problem solution, from customer value calculation, to developing predictive churn model, as well as using additional data sources in a situation where conventional approaches in churn analytics do not provide enough information for qualitative decision support. Revealed knowledge was a base for better understanding of customer needs and expectations.
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More Results
Maintaining Redundancy in Peer-to-Peer Storage Systems
In the context of peer-to-peer systems, churn refers to the dynamics of participation of peers in the system by (re-)joining and leaving the system, either temporarily or permanently.
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A Survey on Tools for Data Analytics and Data Science
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Hierarchical Structured Peer-to-Peer Networks
Changes in overlay networks due to dynamic node joins, leaves, or failures.
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Internet Protocol Television
The rate at which contractual customers choose to leave a supplier.
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