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Is Prophet useful for forecasting subscription revenue? Say you have multiple product lines like iOS-1month, iOS-1year, iOS-1year-premium, Android-1month, web-
by andrewljohnson 8y ago
Is Prophet useful for forecasting subscription revenue?
Say you have multiple product lines like iOS-1month, iOS-1year, iOS-1year-premium, Android-1month, web-5years, etc. And you have historical numbers for new users and retention for each product line.
I looked at using Prophet for this, but instead I made a giant spreadsheet and modeled my assumptions around seasonality, retention, and new user growth. I wasn't totally sure, but it seemed like Prophet wasn't intended for my use case, where my assumptions can be stated very explicitly, and I want to twiddle the knobs to look at various scenarios.
- pplonski86 8y agoIt should be useful for forecasting subscription revenue. I can help you with this for free! I'm building autoML solution and this is interesting use case for me. Please email me if you want help on this