The dataset was available in Excel and was loaded in PowerBi was cleaning using Power Query .DAX was used for calculation and PowerBi visuals to create a detailed report of the analysis.
The following insights were generated.
- Dataset consisted of 7043 rows out of which 1869 (26.54%) consisted of churn customer data.
- There had been a total revenue loss of $3.68M(17.22%) due to customer churn.
- Majority of churned customers were unmarried female who were on Month to Month subscription.
- San Diego and Los Angeles observed to have the most number of churned customer.
- It was noticed that a majority of customers were churned due to competitors better service and lack of proper customer service at the present telecom company.
Recommendations
- Better market research should be conducted to know how the competitors are behaving and accordingly changes to be made in the existing system.
- The customer service staff should be trained and told about the imp of efficient customer service.
- Better marketing strategies should be implemented in the top 10 cities where there were max churn rate.
- Special offers to be proposed to the customers on Month to Month subscription to reduce churn rate and convert their subscription to yearly.
- Time to time surveys should be conducted to know about the customer experience.