A Model for Clustering and Predicting Customer Behavior in a Structured Data Set

Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 03

Abstract

The main goal of the work is to study the process of leads coring. In this paper, two ways of lead generation are explained – manual and using predictive models. This condones, per investigation, is the most efficient way to score a lead.The analytical review starts with an overview of existing lead scoring methods, describing each and comparing the pros and cons. There is an analytical comparison of the products that already exist on the market, such as HubSpot, Infer, PipeCandy and Maroon.ai. As a conclusion from this comparison, the effect of this study has a benefit in that it is a low-weight plugin with a significantly lower price than the market median. To provide a list of methods and algorithms used and describe why each was selected for a specific goal. Four aggregations were made to choose the best-fitting model, resulting in the LightGBM selection. There is a comprehensive description of the LighGBM features and math background, along with an explanation of GOSS. Also, after the model was selected, the set data manipulations were done, such as aggregation, class weight balance, tuning and exhaustive analysis, and correction of disbalance. In part to the results, there is an extensive analysis of the model performance after studying the data set and usage in a real-case CRM – Salesforce. As results showed – the created plugin can be easily integrated into any CRM solution using the native marketplaces or package-delivery systems.

Authors and Affiliations

Nataliya Boyko

Keywords

Related Articles

The Influence of Investment Opportunity Set, Leverage and Profitability on Financial Performance Moderated by Company Size During the Covid-19 Pandemic

This research provides both analytical and experimental validation of key functions and characteristics, focusing on the impact of the Investment Opportunity Set, Leverage, and Profitability on financial performance, wit...

Improving Indonesia's Trade Balance with the United States: Factors Affecting Bilateral Trade

This research is based on a systematic review approach that differs from reflects the findings in that it is transparent, accessible, and enables a union between the scientific community and practitioners, resulting in a...

Do Energy Access and Climate Change Worsen Poverty in West Africa? Empirical Evidence using Panel Analysis

This study examined how access to energy and climate change affect poverty level in some selected West African countries. To achieve the objectives of this study, the researchers collected data on energy access, electric...

Effect of Women's Entrepreneurship Practices on Information Communication Technology (ICT) Adoption During the Covid-19 Pandemic: A Case Study in West Sumatra, Indonesia

Today, the increasing number of women entrepreneurs adopting ICTs has grown their businesses and made them more efficient. This study empirically analysed the practice of women's entrepreneurship and its relation to the...

Rethinking Corporate Governance: A Comparison of Agency, Stakeholder, and Cognitive Approaches

This article analyzes three main theories of corporate governance: agency theory, partnership theory and cognitive theory. Agency theory focuses on control mechanisms designed to mitigate conflicts of interest between ow...

Download PDF file
  • EP ID EP726851
  • DOI 10.47191/jefms/v6-i3-06
  • Views 42
  • Downloads 0

How To Cite

Nataliya Boyko (2023). A Model for Clustering and Predicting Customer Behavior in a Structured Data Set. Journal of Economics, Finance and Management Studies, 6(03), -. https://europub.co.uk/articles/-A-726851