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Data Science for Marketing Analytics

You're reading from   Data Science for Marketing Analytics A practical guide to forming a killer marketing strategy through data analysis with Python

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Product type Paperback
Published in Sep 2021
Publisher Packt
ISBN-13 9781800560475
Length 636 pages
Edition 2nd Edition
Languages
Tools
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Authors (3):
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Vishwesh Ravi Shrimali Vishwesh Ravi Shrimali
Author Profile Icon Vishwesh Ravi Shrimali
Vishwesh Ravi Shrimali
Mirza Rahim Baig Mirza Rahim Baig
Author Profile Icon Mirza Rahim Baig
Mirza Rahim Baig
Gururajan Govindan Gururajan Govindan
Author Profile Icon Gururajan Govindan
Gururajan Govindan
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Toc

Table of Contents (11) Chapters Close

Preface
1. Data Preparation and Cleaning 2. Data Exploration and Visualization FREE CHAPTER 3. Unsupervised Learning and Customer Segmentation 4. Evaluating and Choosing the Best Segmentation Approach 5. Predicting Customer Revenue Using Linear Regression 6. More Tools and Techniques for Evaluating Regression Models 7. Supervised Learning: Predicting Customer Churn 8. Fine-Tuning Classification Algorithms 9. Multiclass Classification Algorithms Appendix

Summary

Predicting customer churn is one of the most common use cases in marketing analytics. Churn prediction not only helps marketing teams to better strategize their marketing campaigns but also helps organizations to focus their resources wisely.

In this chapter, we explored how to use the data science pipeline for any machine learning problem. We also learned the intuition behind using logistic regression and saw how it is different from linear regression. We looked at the structure of the data by reading it using a pandas DataFrame. We then used data scrubbing techniques such as missing value imputation, renaming columns, and data type manipulation to prepare our data for data exploration. We implemented various data visualization techniques, such as univariate and bivariate analysis and a correlation plot, which enabled us to find useful insights from the data. Feature selection is another important part of data modeling. We used a tree-based classifier to select important...

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