Retention/Attrition and "Next Product" Modeling Technologies
Retention models assess the relative likelihood or risk of account
closure or relationship termination based upon the relationship
characteristics, product balances, usage, and other key factors
monitored over time. Next Product models identify the product
most likely to be purchased next for each/any relationship based upon
the relationship characteristics, product balances, usage, and other
key factors monitored over time.
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