Direct marketing is the process of identifying possible customers of products and promoting these products to
this specified customer mass. Recently, due to the fact that mass marketing campaigns targeting general public
are not successful, firms give more importance to direct marketing campaigns targeting a specific set of
customers. Direct marketing methods are more successful escpecially in banking sector where there is more
pressure and competition according to other sectors. Data mining methods are used to increase the success of
direct marketing campaigns by identifying the factors that effect these campaigns. Thus, these methods provide
to direct available resorces and to create a reasonable and true set of potential customers. In this study, we
focus on how direct marketing campaigns can be directed in banking sector by using data mining methods
such as decision trees, logistic regression, Bayesian networks and support vector machines. Also, we examine
class imbalance problem which frequently encountered in the analysis of this kind of data. As a result, SVM
linear, logistic regression and SVM RBF methods were the most successful methods according to the overall
accuracy metric. Moreover, according to the F measure, logistic regression, SVM RBF and CHAID, and
according to the matthews correlation coefficient, SVM linear, logistic regression and CHAID methods have
been identified as the most successful methods, respectively.
Primary Language | Turkish |
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Subjects | Engineering |
Journal Section | Articles |
Authors | |
Publication Date | May 25, 2014 |
Published in Issue | Year 2014 Volume: 7 Issue: 1 |