Customer churn, also known as customer attrition, occurs when a customer stops using a company's product or service. In today's highly competitive business environment, predicting and preventing customer churn is essential for maximizing revenue and maintaining a loyal customer base.
This project aims to develop a machine learning model that predicts whether a customer will churn based on demographic, account, and service-related data. By identifying at-risk customers, businesses can proactively implement retention strategies.
The objective of this project is to build a classification model that predicts customer churn using:
- Demographic data (e.g., gender, senior citizen status, tenure)
- Service usage details (e.g., internet service, phone service, online security) By leveraging machine learning, we aim to help businesses:
- Identify customers likely to churn.
- Design targeted retention strategies.
- Minimize revenue loss.
Dataset Name: Customer_data
:https://docs.google.com/spreadsheets/d/1rnBO9F9xdSUY-WpeOJilMxMRZT-hwwWq6O98OHreY0k/edit?gid=1602415961#gid=1602415961
- The dataset contains customer-related features such as demographic details, service subscriptions, and account tenure.
- The target variable is Churn, which indicates whether a customer has left the service or not.
Data Preprocessing - Analyze the dataset, handle missing values, perform feature engineering, and prepare data for modeling.
Machine Learning Model - Train classification models, tune hyperparameters, and evaluate performance using metrics like accuracy, precision, recall, and F1-score.
- Programming Language: Python
- Libraries & Frameworks:
pandas
(Data Manipulation)numpy
(Numerical Computation)matplotlib
&seaborn
(Data Visualization)scikit-learn
(Machine Learning)imbalanced-learn
(Handling Imbalanced Data)
- **Development Environment: ** Jupyter Notebook
- Helps businesses identify at-risk customers and take proactive retention measures.
- Reduces revenue loss by minimizing customer churn.
- Provides data-driven insights for better decision-making and personalized customer strategies.