Using customer lifetime value and neural networks to improve the prediction of bank deposit subscription in telemarketing campaigns

Customer lifetime value (LTV) enables using client characteristics, such as recency, frequency and monetary value, to describe the value of a client through time in terms of profitability. We present the concept of LTV applied to telemarketing for improving the return-on-investment, using a recent (...

ver descrição completa

Detalhes bibliográficos
Autor principal: Moro, S. (author)
Outros Autores: Cortez, Paulo (author), Rita, P. (author)
Formato: article
Idioma:eng
Publicado em: 2015
Assuntos:
Texto completo:http://hdl.handle.net/10071/8929
País:Portugal
Oai:oai:repositorio.iscte-iul.pt:10071/8929