/customer-conversion-prediction-app

🚀 Revolutionize customer targeting with a predictive ML model that optimizes insurance subscription. 🎯📊

Primary LanguageJupyter Notebook

Customer Conversion Prediction App

Table of Contents

Project Description

Welcome to the Customer Conversion Prediction project! This initiative is centered around developing a robust predictive model capable of classifying potential customers based on diverse features and forecasting their likelihood of conversion. Through the application of data analysis, visualization, machine learning, and programming skills, this project tackles real-world challenges in customer conversion prediction, revolutionizing marketing strategies.

Key Points

  1. Data Understanding: Establishing a fundamental understanding of the dataset's architecture, variables, and interconnections to pave the way for insightful analysis.

  2. Data Refinement: Employing advanced data cleaning techniques to enhance data usability, expertly managing missing values, duplicates, and other data irregularities.

  3. Insightful Exploration: Conducting comprehensive exploratory data analysis (EDA) to uncover hidden patterns, reveal relationships, and pinpoint potential variables of significance.

  4. Data Preparation Mastery: Skillfully preparing the data for model training and testing through meticulous data preprocessing. This includes encoding categorical variables, scaling numerical features, and partitioning the dataset for optimal model performance.

  5. Class Imbalance Resolution: Utilizing data sampling techniques to address class imbalance, bolstering the model's predictive prowess and performance.

  6. Model Ensemble Symphony: Training the model using an ensemble of diverse machine learning algorithms to accurately classify potential customers and forecast conversion likelihood.

  7. Precision through Hyperparameter Tuning: Fine-tuning model performance through hyperparameter optimization, ensuring peak predictive capabilities.

  8. Effective Model Evaluation: Achieving exceptional results with a high AUROC score of 96.5% for the XGBoost model, showcasing its efficacy in classifying the target variable. The Random Forest model achieved an AUROC score of approximately 96%.

  9. Deployment Recommendations: With compelling AUROC scores, it is recommended to consider deploying either the XGBoost or Random Forest model in production environments to enhance marketing campaign efficiency and effectiveness.

Tech Stack

  • Python 3: The backbone of the project, driving data analysis, modeling, and predictions.
  • Jupyter Notebook: The canvas for data exploration, analysis, and model development.
  • scikit-learn: Empowering data preprocessing, model training, and evaluation.
  • XGBoost, Random Forest: High-performance machine learning algorithms at the heart of classification tasks.
  • Git and GitHub: Seamless version control and collaborative development.

Usage

  1. Open the Jupyter Notebook: Customer_Conversion_Prediction.ipynb
  2. Follow the notebook to explore data, preprocess, train models, and predict customer conversion likelihood.

Results

Unleash the power of customer conversion prediction with high-precision models. The XGBoost model boasts an impressive AUROC score of 96.5%, indicating its prowess in classifying potential customers. The Random Forest model also exhibits promise with an AUROC score of around 96%. Elevate marketing campaigns by accurately targeting potential customers, optimizing costs, and garnering insights to refine strategies.

Contributions

Contributions and insights are invaluable! Feel free to open an issue or pull request to provide feedback or enhancements.