Three separate documents are required for this assignment:
Submit:
(1) 300 word Executive Overview
(2) Individual Presentation (in PowerPoint format)
(3) Speaker’s notes in APA format with citations and references
Individual Presentation in PowerPoint format
PART ONE:
Summarize the generic components of an analytics plan that includes (a) discovery/business problem framed, (b) initial hypotheses, (c) data and scope, (d) model planning and analytic technique, (e) result and key findings, and (e) business impact
PART TWO:
Create a proposed approach to an analytics plan specific to the given scenario.
Note:
Project Summary:
Yore Blends (YB) is a fictional online company dedicated to selling subscription-based traditional spice blends coupled with additional complementary products such as gifts, kitchen utensils, and eco-friendly storage options.
In the long term, they aspire to growing through mergers and acquisitions which requires a strong customer base and steady revenue. In the short turn, they are concerned about customer churn (the percentage of customers that have stopped buying their products and services).
Issue: Customers seem to stop ordering products and/or using the service after several months.
Business Believes: By targeting customers who are at risk for churn customer attrition can be reduced by 16%
Data scope: Customer account data for previous 24 months
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