Decision Support System For A Customer Relationship Management Case Study

Author(s):  
Özge Kart ◽  
Alp Kut ◽  
Vladimir Radevski

<span lang="EN-US">Data mining is a computational approach aiming to discover hidden and valuable information in large datasets. It has gained importance recently in the wide area of computational among which many in the domain of Business Informatics. This paper focuses on applications of data mining in Customer Relationship Management (CRM). The core of our application is a classifier based on the naive Bayesian classification. The accuracy rate of the model is determined by doing cross validation. The results demonstrated the applicability and effectiveness of the proposed model. Naive Bayesian classifier reported high accuracy. So the classification rules can be used to support decision making in CRM field. The aim of this study is to apply the data mining model to the banking sector as example case study. This work also contains an example data set related with customers to predict if the client will subscribe a term deposit. The results of the implementation are available on a mobile platform. </span>

2013 ◽  
Vol 5 (3) ◽  
pp. 113-118
Author(s):  
Dileep Kumar

Banking sector is in the midst of acute competion at national and international level. The way banks entertain and maintain their customers that determins its future business opportunities and development. Inorder to maintain the customers, employees working in banking sector need to be well equipeed with adequate skills in relationship marketing. A case study has been conducted in one of the Malaysian Bank* (name changed) inorder to asertain the significance of Customer Relationship Management. Lessons about the importance of employees’ in the the implementation of Customer Relationship Management (CRM) is well established though this case study. This case study is an eye opener to the management and leaders of banking sector, inorder to have effective empoloyee engagement and development.


2014 ◽  
Vol 13 (11) ◽  
pp. 5113-5120
Author(s):  
José Gonalo Dos Santos

This article describes the data mining application to CRM - Customer Relationship Management. The article starts with an introduction showing the importance of the CRM strategy for the company, after it’s introduced the theoretical about CRM, Knowledge Discovery Database and its stages, with emphasis to the mining stage and concludes with presentation of a case study and the conclusions. For the case study it was developed a prototype of an information system of a bookstore, it was implemented, beyond the conventional functions, the association rules discovery algorithm. The implementation of the data mining technique allowed to the system supply support so that the user knows better the client, becoming possible the application of the strategy of CRM.


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