Churn Prediction and Prevention
📖 Scenario: You work for a subscription-based company that wants to reduce customer churn. Churn means customers stop using the service. Your team collects data about customers and wants to identify which customers are likely to leave soon. This helps the company take action to keep them.
🎯 Goal: Build a simple step-by-step plan to organize customer data, set a churn risk threshold, identify customers at risk, and prepare a list for targeted retention efforts.
📋 What You'll Learn
Create a dictionary with exact customer names and their last month's usage in hours
Add a churn risk threshold variable with a specific value
Use a dictionary comprehension to find customers below the threshold
Add a final step to prepare a list of customers to contact for retention
💡 Why This Matters
🌍 Real World
Companies use churn prediction to keep customers by identifying who might leave and offering them incentives or support.
💼 Career
Marketing analysts and customer success managers use these techniques to improve customer retention and increase revenue.
Progress0 / 4 steps