The client faces difficulty guiding millions of users through an extensive catalog of movies and TV shows, leading to decision fatigue and decreased engagement. Generic recommendation systems fail to capture individual preferences, resulting in lower subscriber satisfaction, higher churn rates, and stagnating subscriber growth. There is a need for a smarter, personalized recommendation system that dynamically adapts to evolving user tastes to keep viewers captivated and foster loyalty.
A mid-to-large size streaming platform aiming to enhance user engagement through tailored content suggestions to increase subscriber retention and growth.
The deployment of this ML-powered recommendation engine is expected to significantly increase user engagement and satisfaction, with an estimated 30% growth in premium subscriber retention within six months. By offering highly personalized content suggestions, the client aims to reduce churn, enhance the user experience, and foster long-term loyalty, ultimately boosting revenue and market position.