1. Problem: BBVA has a problem with customer churn. It’s asking you to help identify which custoemrs might churn and come up with a creative way to prevent them from moving to another bank. 2. Using...

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1. Problem: BBVA has a problem with customer churn. It’s asking you to help identify which custoemrs might churn and come up with a creative way to prevent them from moving to another bank. 2. Using dataset: churn.csv, create a predictive model that will inform BBVA of a future marketing campaign for a new banking product. 3. Combine this with your own primary (qualitative) research on why people switch banks.4. Make a recommendation for how the product team could evolve their product to prevent these customers from moving to another bank. Include a high-level (low-fidelity) prototype concept of what a campaign could look like.


Submission format: An .ipynb notebook of your analysis and model• Your presentation in .pdf• A video between 5 and 10 minutes long explaining your quant and qual (hence presentation speaker notes)
I woud add my slides after I get an a price


Elenora-Final-Retake MCXI 2021 Final Re-Take Assessment Data Driven Innovation You have been hired by BBVA to help them reduce customer churn You are an Innovation Consultant! 1. Problem: BBVA has a problem with customer churn. It’s asking you to help identify which custoemrs might churn and come up with a creative way to prevent them from moving to another bank. 2. Using dataset: churn.csv, create a predictive model that will inform BBVA of a future marketing campaign for a new banking product. 3. Combine this with your own primary (qualitative) research on why people switch banks. 4. Make a recommendation for how the product team could evolve their product to prevent these customers from moving to another bank. Include a high-level (low-fidelity) prototype concept of what a campaign could look like. 5. https://www.bbva.es/ BBVA: Reduce Customer Churn https://raw.githubusercontent.com/iamctodd/MCXI/main/churn.csv https://raw.githubusercontent.com/iamctodd/MCXI/main/churn.csv https://www.bbva.es/ BBVA Data Dictionary Input Variables: 1 - RowNumber (numeric) 2 - CustomerId : (numeric) unique customer Identifier 3 - Surname : (text) Last Name of Customer 4 - CreditScore (numeric) credit score - See Credit Score range explanation here: https://www.creditkarma.com/advice/i/credit-score-ranges 5 - Geography: Country (categorical: 'Germany','France','Spain') 6 - Gender: has housing loan? (categorical: ‘Female','Male','unknown') 7 - Age: (numeric) 8 - Tenure: (numeric) How long has this customer been with BBVA 9 - Balance: (numeric) how much money (in €) they have as a bank account balance 10 - NumOfProducts: (numeric) how many accounts they have with BBVA (could mean, Loans, Savings, Credit Cards, Checking, etc) 11 - HasCrCard: (categorical: 0= no, 1 = yes) - Do they have a Credit Card? 12 - IsActiveMember: (categorical: 0= no, 1 = yes) - Are they active within the past 60 days? 13 - EstimatedSalary: (numeric) Their estimated annual salary Target variable: 14 - y - Did the customer churn? (binary: ‘1= yes’,’0 = no') https://raw.githubusercontent.com/iamctodd/MCXI/main/churn.csv RowNumber,CustomerId,Surname,CreditScore,Geography,Gender,Age,Tenure,Balance,NumOfProducts,HasCrCard,IsActiveMember,EstimatedSalary,Exited https://www.creditkarma.com/advice/i/credit-score-ranges a .pdf and a .ipynb file! 1. You will email the files (you can zip them if you like) to [email protected] by midnight Sunday 2-May-2021. 2. Submit three files: • An .ipynb notebook of your analysis and model • Your presentation in .pdf • A video between 5 and 10 minutes long explaining your quant and qual analysis plus solution(s). 3. The assignment is due at midnight on Sunday, 2-May–2021 4. Please name files: name_final_retake… Example: joseph_final_retake.pdf joseph_final_retake.ipynb Presentation & Submission Details mailto:[email protected] Points determined as follows (similar to posted via CoL). Grading Rubric
Answered Same DayMay 03, 2021

Answer To: 1. Problem: BBVA has a problem with customer churn. It’s asking you to help identify which custoemrs...

Shubham answered on May 03 2021
143 Votes
Creative way to prevent customer churn
The use of relationship marketing can provide customers with
the reason for keeping day-to-day value for using the product. It provides versatile content about key functional benefits for the regular updates and offers. It is important to provide good quality support material that will help in increasing retention.
Predictive model
The predictive model provides the solution for providing the analysis for providing brands with a unified view of campaigns across marketing channels. It provides the opportunity for making real time adjustments for campaigns. It is based on the moment insight for improving audience targeting and provides connected insight...
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