{"title":"Churn prediction model for effective gym customer retention","authors":"Jas Semrl, Alexandru Matei","doi":"10.1109/BESC.2017.8256379","DOIUrl":null,"url":null,"abstract":"In the fitness industry, rolling gym membership contracts allow customers to terminate a contract with little advanced notice. Customer churn prediction is a well known area in Machine Learning research. Many companies, however, face a data science skills gap when trying to translate this research onto their own datasets and IT infrastructure. In this paper we present a series of experiments that aim to predict customer behaviour, in order to increase gym utilisation and customer retention. We use two off-the-shelf machine learning platforms, so that we can evaluate whether these platforms, used by non ML experts, can help companies improve their services.","PeriodicalId":142098,"journal":{"name":"2017 International Conference on Behavioral, Economic, Socio-cultural Computing (BESC)","volume":"16 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2017-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"3","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"2017 International Conference on Behavioral, Economic, Socio-cultural Computing (BESC)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/BESC.2017.8256379","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 3
Abstract
In the fitness industry, rolling gym membership contracts allow customers to terminate a contract with little advanced notice. Customer churn prediction is a well known area in Machine Learning research. Many companies, however, face a data science skills gap when trying to translate this research onto their own datasets and IT infrastructure. In this paper we present a series of experiments that aim to predict customer behaviour, in order to increase gym utilisation and customer retention. We use two off-the-shelf machine learning platforms, so that we can evaluate whether these platforms, used by non ML experts, can help companies improve their services.