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Since charitable fundraising relies heavily on direct mail, this paper studies how tailoring donation requests along the donor lifecycle could improve campaign success rate. Our field study provides a unique combination of three parameters whose combined interaction has not been studied to this...
Persistent link: https://www.econbiz.de/10008672306
In this article, we develop a Bayesian method for quantile regression in the case of dichotomous response data. The frequentist approach to this type of regression has proven problematic in both optimizing the objective function and making inference on the regression parameters. By accepting...
Persistent link: https://www.econbiz.de/10008672320
Nowadays, an increasing number of information technology tools are implemented in order to support decision making about marketing strategies and improve customer relationship management (CRM). Consequently, an improvement in CRM can be obtained by enhancing the databases on which these...
Persistent link: https://www.econbiz.de/10008672322
Several studies have demonstrated the superior performance of ensemble classification algorithms, whereby multiple member classifiers are combined into one aggregated and powerful classification model, over single models. In this paper, two rotation-based ensemble classifiers are proposed as...
Persistent link: https://www.econbiz.de/10009143417
Nowadays, companies are investing in a well-considered CRM strategy. One of the cornerstones in CRM is customer churn prediction, where one tries to predict whether or not a customer will leave the company. This study focuses on how to better support marketing decision makers in identifying...
Persistent link: https://www.econbiz.de/10008471746
Several recent studies have explored the virtues of behavioral targeting and personalization for online advertising. In this paper, we add to this literature by proposing a cost-effective methodology for the prediction of demographic web site visitor profiles that can be used for web advertising...
Persistent link: https://www.econbiz.de/10008457952
Predicting customer churn with the purpose of retaining customers is a hot topic in academy as well as in today’s business environment. Targeting the right customers for a specific retention campaign carries a high priority. This study focuses on two aspects in which churn prediction models...
Persistent link: https://www.econbiz.de/10008457953
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