Research on Precision Marketing based on Big Data Analysis and Machine Learning:Case Study of Morocco

With the growth of the Internet industry and the informatization of services, online services and transactions have become the mainstream method used by clients and companies. How to attract potential customers and keep up with the Big Data era are the important challenges and issues for the banking sector. With the development of artificial intelligence and machine learning, it has become possible to identify potential customers and provide personalized recommendations based on transactional data to realize precision marketing in banking. The current study aims to provide a potential customer’s prediction algorithm (PCPA) to predict potential clients using big data analysis and machine learning techniques. Our proposed methodology consists of five stages: data preprocessing, feature selection using Grid search algorithm, data splitting into two parts train and test set with the ratio of 80% and 20% respectively, modeling, evaluations of results using confusion matrix. According to the obtained results, the accuracy of the final model is the highest (98,9%). The dataset used in this research about banking customers has been collected from a Moroccan bank. It contains 6000 records, 14 predictor variables, and one outcome variable.