학술논문

Comparative Performance Analysis using Machine Learning for Churn Prediction in E-commerce
Document Type
Conference
Source
2023 2nd International Conference on Automation, Computing and Renewable Systems (ICACRS) Automation, Computing and Renewable Systems (ICACRS), 2023 2nd International Conference on. :537-542 Dec, 2023
Subject
Communication, Networking and Broadcast Technologies
Components, Circuits, Devices and Systems
Computing and Processing
Power, Energy and Industry Applications
Robotics and Control Systems
Signal Processing and Analysis
Measurement
Machine learning algorithms
Switches
Predictive models
Prediction algorithms
Electronic commerce
Random forests
Customer Conduct
Customer churn prediction
Machine Learning
Data Frame
E-Commerce
Language
Abstract
New clients cost a business significantly more money in e-commerce than keeping its existing clients. Companies can boost consumer retention, which will result in more revenue and faster growth, by anticipating which customers will quit. There are several products and solutions in today’s competitive industry. Because of this, most clients are accustomed to quickly switching from one brand to another and from one supplier to another in their search for the best possible product or item to fulfill their requirements. This problem, known as “client churn,” affects e-commerce enterprises. Due to their ability to process large volumes of data and recognize complex patterns, machine learning algorithms have emerged as a powerful tool for predicting client churn in recent years. Using a publicly accessible dataset, the proposed model examines various machine learning methods for predicting customer churn in this study. Also, by using performance metrics, the proposed model compares how well different algorithms perform.