Data Science and big data analysis
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3085.3086.202020-COMBINED-FULLTERM - SPRING 2020 - DATA SCIENCE & BIG DATA ANALY (ITS-836-30) (ITS-836-31) - COMBINED - FULL TERM
Presentation Himabindu Aratikatla on Sun, Mar 22 2020, 8:55 AM
57% highest match Submission ID: d41dabbe-6259-41d9-8b46-91014601a625
Attachments (1)
ExecutiveOverview.docx
Running Head: EXECUTIVE OVERVIEW 1
EXECUTIVE OVERVIEW 1
Analytics plan to Reduce Customer Churn at Yore Blends
University of the Cumberland’s
Himabindu Aratikatla
1 DATA SCIENCE & BIG DATA ANALYTICS
March 22, 2020
2 YORE BLENDS (YB) IS A FICTIONAL ONLINE COMPANY DEDICATED TO
SELLING SUBSCRIPTION-BASED TRADITIONAL SPICE BLENDS COUPLED
WITH ADDITIONAL COMPLEMENTARY PRODUCTS. 3 IN THE LONG TERM,
THEY ASPIRE TO GROWING THROUGH MERGERS AND ACQUISITIONS
WHICH REQUIRES A STRONG CUSTOMER BASE AND STEADY REVENUE. 2
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ExecutiveOverview.docx Word Count: 456 Attachment ID: 2689415839
57%
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IN THE SHORT TURN, THEY ARE CONCERNED ABOUT CUSTOMER CHURN
(THE PERCENTAGE OF CUSTOMERS THAT HAVE STOPPED BUYING THEIR
PRODUCTS AND SERVICES). The company’s main problem is caused by customer churn
activity. Clients have stopped to order the products and services offered by Yore Blends
company.
Based on the company’s problems, a hypothesis was developed to help understand the causes
and reasons for the stated problems. Based on the hypothesis, Yore Blends company is facing
possible customer churn because of poor customer care services. Also, it is possible that their
clients fail to get value for the purchased products or services (Hazen, 2014). Another
hypothesis is that they fail to effectively communicate with their clients regarding product
updates. Lastly, it was hypothesized that the problem resulted from natural causes.
To understand and solve this problem, it was necessary to use appropriate data for accurate
results. Therefore, appropriate data sources were used to conduct churn analytics. The
company’s data were collected from the billing system, company’s product portfolio, client’s
sentiments, and customer profiling based on customer care services. With these data it was
possible to develop the most appropriate analytical techniques to solve the problem.
Regression analysis model was used to develop a predictable model. Results from the analysis
were then validated through repeated random sub-sampling technique.
Findings from the results suggested that, the company needs to be actively using all channels
for that: 4 PHONE, E-MAIL, WEBSITE, LIVE CHAT, AND SOCIAL MEDIA
(SALLOUM, 2016). 5 THE VALUABLE FEEDBACK ON HOW WELL THEY
SERVE THEIR CUSTOMERS IS JUST A PHONE CALL, AN E-MAIL OR A SURVEY
AWAY. ALSO, ANOTHER WAY TO PREVENT CHURN IS TO ACTIVELY ENGAGE
THE CUSTOMERS WITH THE PRODUCT. Understanding possible impacts of customer
churn enables the company to adopt strategies to prevent losing clients and experiencing
decrease in product sales.
References
Hazen, B. 6 T., BOONE, C. A., EZELL, J. 1 D., & JONES-FARMER, L. A. (2014). 6
DATA QUALITY FOR DATA SCIENCE, PREDICTIVE ANALYTICS, AND BIG
DATA IN SUPPLY CHAIN MANAGEMENT: AN INTRODUCTION TO THE
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PROBLEM AND SUGGESTIONS FOR RESEARCH AND APPLICATIONS.
INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS, 154, 72-80.
7 SALLOUM, S., DAUTOV, R., CHEN, X., PENG, P. X., & HUANG, J. Z. (2016). 7
BIG DATA ANALYTICS ON APACHE SPARK. INTERNATIONAL JOURNAL OF
DATA SCIENCE AND ANALYTICS, 1(3-4), 145-164.
Citations (7/7)
Matched Text
1 ProQuest Document
2 Another student's paper
3 Another student's paper
4 https://www.superoffice.se/blog/reduce-customer-churn/
5 https://www.superoffice.co.uk/resources/articles/customer-churn/
6 http://cscanada.net/index.php/mse/article/view/9000
7 Another student's paper
Suspected Entry: 85% match
Uploaded - ExecutiveOverview.docx DATA SCIENCE & BIG DATA ANALYTICS
Source - ProQuest Document Data Science, Predictive Analytics, and Big Data
Suspected Entry: 100% match
Uploaded - ExecutiveOverview.docx D., & JONES-FARMER, L
Source - ProQuest Document D., & Jones-Farmer, L
Suspected Entry: 69% match
Uploaded - ExecutiveOverview.docx Source - Another student's paper
3/22/2020 SafeAssign Originality Report
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YORE BLENDS (YB) IS A FICTIONAL ONLINE COMPANY DEDICATED TO SELLING SUBSCRIPTION-BASED TRADITIONAL SPICE BLENDS COUPLED WITH ADDITIONAL COMPLEMENTARY PRODUCTS
This report is about a fictional online company Yore Blends any dedicated to selling traditional Spice blends on a subscription basis along with complementary products like kitchen utensils and other storage materials
Suspected Entry: 62% match
Uploaded - ExecutiveOverview.docx IN THE SHORT TURN, THEY ARE CONCERNED ABOUT CUSTOMER CHURN (THE PERCENTAGE OF CUSTOMERS THAT HAVE STOPPED BUYING THEIR PRODUCTS AND SERVICES)
Source - Another student's paper The team is also concerned about the percentage of customers who have talked about buying their products and services
Suspected Entry: 100% match
Uploaded - ExecutiveOverview.docx IN THE LONG TERM, THEY ASPIRE TO GROWING THROUGH MERGERS AND ACQUISITIONS WHICH REQUIRES A STRONG CUSTOMER BASE AND STEADY REVENUE
Source - Another student's paper In the long term, they aspire to growing through mergers and acquisitions which requires a strong customer base and steady revenue
Suspected Entry: 86% match
Uploaded - ExecutiveOverview.docx PHONE, E-MAIL, WEBSITE, LIVE CHAT, AND SOCIAL MEDIA (SALLOUM, 2016)
Source - https://www.superoffice.se/blog/reduce- customer-churn/
phone, e-mail, website, live chat, and social media
Suspected Entry: 91% match
Uploaded - ExecutiveOverview.docx THE VALUABLE FEEDBACK ON HOW WELL THEY SERVE THEIR CUSTOMERS IS JUST A PHONE CALL, AN E-MAIL OR A SURVEY AWAY
Source - https://www.superoffice.co.uk/resources/articles/custo mer-churn/
The valuable feedback on how well you serve your customers is just a phone call, an e-mail or a survey away
Suspected Entry: 88% match
Uploaded - ExecutiveOverview.docx
3/22/2020 SafeAssign Originality Report
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ALSO, ANOTHER WAY TO PREVENT CHURN IS TO ACTIVELY ENGAGE THE CUSTOMERS WITH THE PRODUCT
Source - https://www.superoffice.co.uk/resources/articles/custo mer-churn/
Another way to prevent churn is to actively engage your customers with your product
Suspected Entry: 99% match
Uploaded - ExecutiveOverview.docx T., BOONE, C
Source - http://cscanada.net/index.php/mse/article/view/9000
T., Boone, C
Suspected Entry: 100% match
Uploaded - ExecutiveOverview.docx A., EZELL, J
Source - http://cscanada.net/index.php/mse/article/view/9000
A., & Ezell, J
Suspected Entry: 99% match
Uploaded - ExecutiveOverview.docx DATA QUALITY FOR DATA SCIENCE, PREDICTIVE ANALYTICS, AND BIG DATA IN SUPPLY CHAIN MANAGEMENT
Source - http://cscanada.net/index.php/mse/article/view/9000
Data quality for data science, predictive analytics, and big data in supply chain management
Suspected Entry: 100% match
Uploaded - ExecutiveOverview.docx AN INTRODUCTION TO THE PROBLEM AND SUGGESTIONS FOR RESEARCH AND APPLICATIONS
Source - http://cscanada.net/index.php/mse/article/view/9000
An introduction to the problem and suggestions for research and applications
Suspected Entry: 100% match
Uploaded - ExecutiveOverview.docx INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS, 154, 72-80
Source - http://cscanada.net/index.php/mse/article/view/9000
International Journal of Production Economics, 154, 72-80
3/22/2020 SafeAssign Originality Report
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Suspected Entry: 100% match
Uploaded - ExecutiveOverview.docx SALLOUM, S., DAUTOV, R., CHEN, X., PENG, P
Source - Another student's paper Salloum, S., Dautov, R., Chen, X., Peng, P
Suspected Entry: 100% match
Uploaded - ExecutiveOverview.docx X., & HUANG, J
Source - Another student's paper X., & Huang, J
Suspected Entry: 100% match
Uploaded - ExecutiveOverview.docx BIG DATA ANALYTICS ON APACHE SPARK
Source - Another student's paper Big data analytics on Apache Spark
Suspected Entry: 100% match
Uploaded - ExecutiveOverview.docx INTERNATIONAL JOURNAL OF DATA SCIENCE AND ANALYTICS, 1(3-4), 145-164
Source - Another student's paper International Journal of Data Science and Analytics, 1(3-4), 145-164