Giter VIP home page Giter VIP logo

Partha Kuila's Projects

customer-lifetime-value-prediction icon customer-lifetime-value-prediction

Using data: Customer's invoice file. Introductions: Customer Lifetime Value(CLTV) "Customer Lifetime Value is a monetary value that represents the amount of revenue or profit a customer will give the company over the period of the relationship". CLTV demonstrates the implications of acquiring long-term customers compare to short-term customers. Customer lifetime value (CLV) can help you to answers the most important questions about sales to every company: How to Identify the most profitable customers? How can a company offer the best product and make the most money? How to segment profitable customers? How much budget need to spend to acquire customers? CLTV indicates the total revenue from the customer during the entire relationship. CLTV helps companies to focus on those potential customers who can bring in more revenue in the future. CLTV = ((Average Order Value x Purchase Frequency)/Churn Rate) x Profit margin. Please check the below step for how to calculate CLTV. Algorithm: Step1: Calculate CLTV. Calculate the average order value of customers: Average order value = Total money spent / total number of transactions Calculate Purchase Frequency: Purchase Frequency = Total Number of Orders / Total Number of Customers Calculate Repeat rate and Churn rate: Repeat rate = How many customers have numbers of transactions more than one / total numbers of customers Churn rate = 1 - repeat rate Calculate the profit margin: Profit margin is the commonly used profitability ratio. It represents how much percentage of total sales has earned as the gain. Let's assume our business has approx 5% profit on the total sale. Profit margin = Total money spent on each customer * 0.05 Calculate customer lifetime value: Customer value = (Average Order Value * Purchase Frequency) / Churn rate Customer lifetime value = Customer value * Profit margin Step2: Predictive modelling. Build a regression model for existing customers. Take recent six-month data as independent variables and total revenue over existing time( here taking 2 years) as a dependent variable and build a regression model on this data. Pros and Cons of CLTV: CLTV helps you to design an effective business plan and also provide a chance to scale your business. CLTV draw meaningful customer segments these segment can help you to identify the needs of the different-different segment. Customer Lifetime Value is a tool, not a strategy. CLTV can figure out the most profitable customers, but how you are going to make a profit from them, it depends on your strategy. Generally, CLTV models are confused and misused. Obsession with CLTV may create blinders. Companies only focus on finding the best customer group and focusing on them and repeat the business, but it’s also important to give attention to other customers.

ernst-young-case-study-of-ml icon ernst-young-case-study-of-ml

Problem: Predict the sales demand for consumer goods. Data: Attached is a spreadsheet containing sales data. The attached document contains instruction and clarification about the data. Please follow the instructions and prepare the output file. Case Study will be evaluated on the below criteria Data Processing Feature Engineering Code Automation

predicting-a-player-s-position-based-on-the-attributes icon predicting-a-player-s-position-based-on-the-attributes

Predicting a Player’s position based on the attributes Using the data, create a model that accurately predicts/assigns a players position based on the individual attributes. The following steps should be clearly elucidated: 1. Data Cleaning 2. Features considered for EDA and further steps. 3. Exploratory Data Analysis Undertaken 4. Inference from EDA 5. Choice of Best Algorithm and Why 6. Training Accuracy 7. Predictions with test data

predicting-future-sales icon predicting-future-sales

Provided with daily historical sales data. The task is to forecast the total amount of products sold in every shop for the test set. Note that the list of shops and products slightly changes every month. Creating a robust model that can handle such situations is part of the challenge.

python-script-for-dump-excel-file-within-database. icon python-script-for-dump-excel-file-within-database.

Dump excel file within Database. Use MongoDb database. Site wise collection dump into the database. Use library pymongo, pandas, datetime, jason, time and others. At first connect with database and load the data. Then dump the data specific site wise collection.

recharge-use-cases-analysis icon recharge-use-cases-analysis

Subscriber wise daily usage analysis and Bucketing daily typical use wise. Clustering several group of Bucket for recommendation Daily typical usage per subscriber over telecom network.

text-topic-modelling icon text-topic-modelling

Predict if a particular sentence in an article should be included in the summary of the article or not (Incorporates NLP Along with ML)

time-series-analysis-and-forecasting icon time-series-analysis-and-forecasting

Build time series modelling and evaluation the best model. Build model like ARIMA, Exponential Smoothing, TBATS, NN and others. Compare the best model forecast the next 30 , 60 data points.

twitter-data-analysis icon twitter-data-analysis

Web Scraping tweets from my personal api. Using R Language for web Scraping and analysis and Visualization.

Recommend Projects

  • React photo React

    A declarative, efficient, and flexible JavaScript library for building user interfaces.

  • Vue.js photo Vue.js

    🖖 Vue.js is a progressive, incrementally-adoptable JavaScript framework for building UI on the web.

  • Typescript photo Typescript

    TypeScript is a superset of JavaScript that compiles to clean JavaScript output.

  • TensorFlow photo TensorFlow

    An Open Source Machine Learning Framework for Everyone

  • Django photo Django

    The Web framework for perfectionists with deadlines.

  • D3 photo D3

    Bring data to life with SVG, Canvas and HTML. 📊📈🎉

Recommend Topics

  • javascript

    JavaScript (JS) is a lightweight interpreted programming language with first-class functions.

  • web

    Some thing interesting about web. New door for the world.

  • server

    A server is a program made to process requests and deliver data to clients.

  • Machine learning

    Machine learning is a way of modeling and interpreting data that allows a piece of software to respond intelligently.

  • Game

    Some thing interesting about game, make everyone happy.

Recommend Org

  • Facebook photo Facebook

    We are working to build community through open source technology. NB: members must have two-factor auth.

  • Microsoft photo Microsoft

    Open source projects and samples from Microsoft.

  • Google photo Google

    Google ❤️ Open Source for everyone.

  • D3 photo D3

    Data-Driven Documents codes.