NPS-Based Recommender System for Increasing Business Revenue.

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Presentation transcript:

NPS-Based Recommender System for Increasing Business Revenue. CCI, UNC-Charlotte NPS-Based Recommender System for Increasing Business Revenue. presented by Zbigniew W. Ras Research sponsored by

CONSULTING COMPANY CUSTOMERS Client 1 Client 2 Client 3 Client 4 shops What we have to do Build Recommender System for each client (34 clients) helping to increase its revenue Client 1 Client 2 Client 3 Client 4 shops shops shops Build Personalized Recommender System for each shop helping to increase its revenue Services (heavy equipment repair) Parts CUSTOMERS

NPS is correlated with company revenue growth Net Promoter Score (NPS) – today’s standard for measuring customer loyalty Promoter - {9,10} Passive – {8,7} Detractor – {1,2,3…,6}

NPS rating for all clients

NPS rating for all shops

Rough Sets have been used to identify features having the strongest impact on Promoter Benchmark All Overall Satisfaction 35 Benchmark All Likelihood to be Repeat Customer 34 Benchmark All Dealer Communication 33 Benchmark Service Repair Completed Correctly 32 Benchmark Referral Behavior 31 Benchmark Service Final Invoice Matched Expectations Benchmark Ease of Contact 30 Benchmark All Does Customer have Future Needs 28 Benchmark Service Tech Promised in Expected Timeframe 26 Benchmark Service Repair Completed When Promised Benchmark Service Timeliness of Invoice 25 Benchmark Service Appointment Availability 24 Benchmark Service Tech Equipped to do Job 23 Benchmark All Contact Status of Future Needs 22 Benchmark Service Tech Arrived When Promised 21 Benchmark All Has Issue Been Resolved 19 Benchmark All Contact Status of Issue 17 Benchmark Service Technician Communication 6 Benchmark Service Contact Preference 3 Benchmark CB Call answered promptly 1 Benchmark Service Received Quote for Repair Benchmark CB Auto attendant answered by correct department Benchmark Service Call Answered Quickly Benchmark All Marketing Permission Randomly chosen customers are asked to complete Questionnaire. It has questions concerning personal data + 30 benchmarks To compute NPS we calculate average score of all benchmarks for all customers. Knowing the number of promoters and detractors we know NPS.

Recommender System Engine DATASET Guided Folksonomy & Sentiment Analysis Meta-Actions Extracting Comments C1 C2 C3 C4 C2,C4 Knowledgeable Staff Customer Bench1 Bench2 Bench3 Comments Prom_Stat Cust1 high med high C1, C2 Prom C1,C3 Friendly Staff Cust2 med med med C2, C3 Pass C1 refers to Bench2 C3 refers to Bench3 C2,C4 refers to Bench1 Cust3 C4, C3 Benchmark Values ={low, medium, high} Extracted Rules (example) R1=[ (Bench1=high)&(Bench2=med) …………......  (Prom_Stat = Prom)] sup(R1)={Cust1,..}; Let’s say Confidence=90% R2=[ (Bench1=med)& ……………. (Bench3=med)  (Prom_Stat = Pass)] sup(R2)={Cust2,..}; Let’s say Confidence=95% Action Rules R= [(Bench1, med ->high)&(Bench2=med)  (Prom_Stat, Pass -> Prom)] Sup(R)={Cust2,..}; Confidence=90%*95%=85.5%. Recommendation: Staff has to be more friendly (R will be activated) User-Friendly Interface

Research in Health Informatics Decision Support System for Neurosurgical Treatment of the Parkinson Disease Decision Support System for Tinnitus Treatment Schematic view showing the placement of the stimulating electrodes within the STNs Recording 3 mm above STN Recording from the STN Recording 3 mm below STN The areas in the brain activity correlating with the heard tinnitus Tinnitus Retraining Therapy (TRT) is a method proposed by P. Jatreboff who believes that he cures his patients by treating their emotions. Sound generators (including Music) used in treatment. In collaboration with: UMass Medical School & Institute of Psychiatry and Neurology in Warsaw, Poland In collaboration with P. Jastreboff (Emory University School of Medicine)