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Lesson

Choose your ML approach

Connect offers, prices and retention to constraints, experiments and measured outcomes.

1 min read40 hours / case practice planApplied extensionUpdated
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Start with the business question and the evidence you have. Follow the decision tree in the right guide, then read the matching recommendation: which model to start with, why it fits, what data and evidence it needs, and what to validate before adding complexity.

Use caseModel-selection decision treeThe distinction to resolve first
Offer recommendationChoose an offer approachProduct relevance, response prediction, or the incremental effect of an incentive
Price recommendationChoose a pricing approachForecast demand at observed prices, or estimate demand under a price change
Churn and retentionChoose a churn approachPredict fixed-horizon risk, estimate event timing, or learn a retention action's effect

You can combine branches. A recommender can retrieve candidates and estimate offer effects. A churn system can estimate both risk and retention effects. The final business policy still applies costs, eligibility, budget, capacity and the approved fallback.

Each model branch starts with a baseline and has an evidence gate for promotion. If timestamps, outcomes, costs or action support are missing, do the data-collection step first. Recent research challengers stay in the detailed model sections, with their reproduction and evaluation conditions.

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