Marketing Campaign Effectiveness - 2007 Data Mining Cup

http://www.data-mining-cup.com/2007/Wettbewerb/Aufgabe/1190662447/

Problem:

  • Maximize profit, predicting which coupons customers will use
  • Merchant loses $2 per unredeemed coupon, gains $3/coupon A, $6/coupon B

Methodology:

  1. 1. Optimal thresholds for profitability found using training sample
  2. 2. One model built for each coupon type
  3. 3. 400 random trees on 50,000-sample training data, ap=0.05
  4. 4. Thresholds were optimized to maximize campaign ROI
  5. 5. Total modeling time less than 1 day

Results:

  • Our final score $8013
  • Contest winner score: $7907
  • We would have ranked 1st out of 688 participants & 246 entries

Data Mining Cup 2005 Results

Data Mining Cup 2006 Results