Customer data prediction and analysis in e-commerce using machine learning
Authors/Creators
Description
Customer churn is a major challenge faced by e-commerce companies, as it
leads to loss of revenue and decreased customer loyalty. In recent years, for
predicting and reducing client churn machine learning techniques are
powerful tools. This research aims to explore the use of machine learning
algorithms for predicting customer churn, annual spending, and product ontime delivery in e-commerce. The study first conducted a comprehensive
review of the literature on customer churn in machine learning. The
literature showed that customer churn has been predicted successfully using
a variety of machine learning algorithms, including support vector machine
(SVM), random forest, and decision tree in various industries. To address
this gap in the literature, the study conducted an empirical analysis of
customer churn in e-commerce using machine learning algorithms. The data
were then pre-processed and analyzed utilizing machine learning techniques
for prediction. According to the study’s findings, machine learning
algorithms are effective in predicting customer churn, and product on-time
delivery in e-commerce. The best-performing algorithm SVM achieved an
accuracy of 83.45% in predicting customer churn and 68.42% for product
on-time delivery prediction.
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