Consumer Behavior and Image Analysis: A Student Customer Retention Model
DOI:
https://doi.org/10.33423/jmdc.v14i3.3063Keywords:
Marketing development, Competitiveness, image analysis, customer retention, Return on Marketing Investment (ROMI, customer satisfaction, student retentionAbstract
Customer retention is a critical strategic marketing concept, regardless of industry. This study examined customer defection within a postsecondary educational system, operationally defined as student retention-risk. The process involved utilizing image analysis of student ID cards by assessing facial micro-expressions with an artificial intelligence program developed by employing a series of machine learning algorithms. Discriminant findings suggest one sentiment, [Degree of Happiness] as expressed in a student’s university ID card, will identify students at-risk, potentially enhancing Return on Marketing Investment (ROMI) with strategic intervention. Results highlight an Intervention Table, as well as a Summary Table utilizing the acronym SMILE