Coreid Journal
Vol. 1 No. 2 (2023): July 2023

Optimizing Bank Marketing Strategies Through Analysis Using Lightgbm

Diaz Aditya, Erindra Reynaldi (Unknown)
Yudha Satria, Dhian Kartika (Unknown)



Article Info

Publish Date
25 Jul 2023

Abstract

Marketing campaigns in a bank are one of the ways for the bank to achieve its organizational goals. Optimal marketing is a crucial factor for a bank's success in attracting and retaining customers. Therefore, if a bank's marketing campaigns are carried out suboptimally, it will be challenging to achieve the goals of those campaigns. In this case study, it can be observed that the number of customers who subscribe to fixed-term deposits is lower, with a proportion of 5289 customers making deposits and 5873 customers not making deposits. This research aims to optimize bank marketing strategies by applying analysis using the LightGBM algorithm, which is a highly effective and efficient Gradient Boosting Decision Tree algorithm. This approach facilitates the design of more optimal marketing strategies. The accuracy score of the predictive model generated is 0.8584, with an F1 score of 0.8564, including 974 true negatives and 943 true positives.

Copyrights © 2023






Journal Info

Abbrev

coreid

Publisher

Subject

Computer Science & IT

Description

CoreID is a scientific journal that contains scientific papers from Academics, Researchers, and Practitioners about research on informatics and Computer. CoreID is published 3 times a year in March, July, and November. The paper is an original script and has a research base on Informatics. The scope ...