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Preface
Who this book is for
What this book covers
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Conventions used
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Section 1: Introduction and Environment Setup
Data Science and Marketing
Technical requirements
Trends in marketing
Applications of data science in marketing
Descriptive versus explanatory versus predictive analyses
Types of learning algorithms
Data science workflow
Setting up the Python environment
Installing the Anaconda distribution
A simple logistic regression model in Python
Setting up the R environment
Installing R and RStudio
A simple logistic regression model in R
Summary
Section 2: Descriptive Versus Explanatory Analysis
Key Performance Indicators and Visualizations
KPIs to measure performances of different marketing efforts
Sales revenue
Cost per acquisition (CPA)
Digital marketing KPIs
Computing and visualizing KPIs using Python
Aggregate conversion rate
Conversion rates by age
Conversions versus non-conversions
Conversions by age and marital status
Computing and visualizing KPIs using R
Aggregate conversion rate
Conversion rates by age
Conversions versus non-conversions
Conversions by age and marital status
Summary
Drivers behind Marketing Engagement
Using regression analysis for explanatory analysis
Explanatory analysis and regression analysis
Logistic regression
Regression analysis with Python
Data analysis and visualizations
Engagement rate
Sales channels
Total claim amounts
Regression analysis
Continuous variables
Categorical variables
Combining continuous and categorical variables
Regression analysis with R
Data analysis and visualization
Engagement rate
Sales channels
Total claim amounts
Regression analysis
Continuous variables
Categorical variables
Combining continuous and categorical variables
Summary
From Engagement to Conversion
Decision trees
Logistic regression versus decision trees
Growing decision trees
Decision trees and interpretations with Python
Data analysis and visualization
Conversion rate
Conversion rates by job
Default rates by conversions
Bank balances by conversions
Conversion rates by number of contacts
Encoding categorical variables
Encoding months
Encoding jobs
Encoding marital
Encoding the housing and loan variables
Building decision trees
Interpreting decision trees
Decision trees and interpretations with R
Data analysis and visualizations
Conversion rate
Conversion rates by job
Default rates by conversions
Bank balance by conversions
Conversion rates by number of contacts
Encoding categorical variables
Encoding the month
Encoding the job, housing, and marital variables
Building decision trees
Interpreting decision trees
Summary
Section 3: Product Visibility and Marketing
Product Analytics
The importance of product analytics
Product analytics using Python
Time series trends
Repeat customers
Trending items over time
Product analytics using R
Time series trends
Repeat customers
Trending items over time
Summary
Recommending the Right Products
Collaborative filtering and product recommendation
Product recommender system
Collaborative filtering
Building a product recommendation algorithm with Python
Data preparation
Handling NaNs in the CustomerID field
Building a customer-item matrix
Collaborative filtering
User-based collaborative filtering and recommendations
Item-based collaborative filtering and recommendations
Building a product recommendation algorithm with R
Data preparation
Handling NA values in the CustomerID field
Building a customer-item matrix
Collaborative filtering
User-based collaborative filtering and recommendations
Item-based collaborative filtering and recommendations
Summary
Section 4: Personalized Marketing
Exploratory Analysis for Customer Behavior
Customer analytics – understanding customer behavior
Customer analytics use cases
Sales funnel analytics
Customer segmentation
Predictive analytics
Conducting customer analytics with Python
Analytics on engaged customers
Overall engagement rate
Engagement rates by offer type
Engagement rates by offer type and vehicle class
Engagement rates by sales channel
Engagement rates by sales channel and vehicle size
Segmenting customer base
Conducting customer analytics with R
Analytics on engaged customers
Overall engagement rate
Engagement rates by offer type
Engagement rates by offer type and vehicle class
Engagement rates by sales channel
Engagement rates by sales channel and vehicle size
Segmenting customer base
Summary
Predicting the Likelihood of Marketing Engagement
Predictive analytics in marketing
Applications of predictive analytics in marketing
Evaluating classification models
Predicting the likelihood of marketing engagement with Python
Variable encoding
Response variable encoding
Categorical variable encoding
Building predictive models
Random forest model
Training a random forest model
Evaluating a classification model
Predicting the likelihood of marketing engagement with R
Variable encoding
Response variable encoding
Categorical variable encoding
Building predictive models
Random forest model
Training a random forest model
Evaluating a classification model
Summary
Customer Lifetime Value
CLV
Evaluating regression models
Predicting the 3 month CLV with Python
Data cleanup
Data analysis
Predicting the 3 month CLV
Data preparation
Linear regression
Evaluating regression model performance
Predicting the 3 month CLV with R
Data cleanup
Data analysis
Predicting the 3 month CLV
Data preparation
Linear regression
Evaluating regression model performance
Summary
Data-Driven Customer Segmentation
Customer segmentation
Clustering algorithms
Segmenting customers with Python
Data cleanup
k-means clustering
Selecting the best number of clusters
Interpreting customer segments
Segmenting customers with R
Data cleanup
k-means clustering
Selecting the best number of clusters
Interpreting customer segments
Summary
Retaining Customers
Customer churn and retention
Artificial neural networks
Predicting customer churn with Python
Data analysis and preparation
ANN with Keras
Model evaluations
Predicting customer churn with R
Data analysis and preparation
ANN with Keras
Model evaluations
Summary
Section 5: Better Decision Making
A/B Testing for Better Marketing Strategy
A/B testing for marketing
Statistical hypothesis testing
Evaluating A/B testing results with Python
Data analysis
Statistical hypothesis testing
Evaluating A/B testing results with R
Data analysis
Statistical hypothesis testing
Summary
What's Next?
Recap of the topics covered in this book
Trends in marketing
Data science workflow
Machine learning models
Real-life data science challenges
Challenges in data
Challenges in infrastructure
Challenges in choosing the right model
More machine learning models and packages
Summary
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