4 Steps To Predict Customer Churn in Skincare Industry Using AI

Posted by Monis Khan on Jul 17, 2019 4:31:46 PM

Skincare has always been a huge industry and will increase USD 45 billion between 2018-2023. It has increasingly become segregated, with as many as eight different categories of products. The popularity of trends like the 10-step Korean beauty regime costing around $200 has also led to a massive increase in sales. Besides mass-produced skin products, personalized skincare products are also popular. 

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Tags: Datoin Platform, AI, Machine Learning, Customer Churn, Predictable Revenue, reducechurn, ecommerce, skincare, skincaresubscription, mysterybox

About Datoin

Datoin is an enterprise automation platform which helps enterprises to automate their processes by leveraging enterprise's data, artificial intelligence, and component-based engineering. Although Datoin can be a generic platform for building any automation application, our focus is on artificial-intelligence driven business process automation. Currently, we are solving some of the automation problems in Customer Experience Management, CRM and Geo Analytics, etc.

Advantages of the platform:

  • Reduced software development cost(Because of building block re-use)
  • Faster application creation(Can create an application just by using GUI) 
  • Off-the-shelf blocks for data integrations and intelligence
  • Flexible deployment mode(Managed Cloud, On-Premise, Stand-alone app, Distributed App)

 

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