The Churn Prediction API Churn prediction is one of the most popular components for the Insight API in business. It allows you to detect customers who are likely to cancel a subscription to your services.
Pelcro's churn prediction algorithms are powered by an ensemble decision random forest, with a sizeable number of models, combined to provide you with powerful predictive analytics for churn rates.
Random Decision Forest Structure
Let's say your business has a lot of customers, and the costs would be too high to work with an individualized customer retention strategy, and would likely outweigh the extra revenue. You can leverage Pelcro's churn prediction in advance to find which customers are at risk of leaving, and reduce your customer retention efforts by focusing them toward such customers.