Hypothesizes that customers who have made a purchase recently, make regular or frequent purchases with you and spend a large amount with you, are more likely to respond positively to future engagement and product offers. This might seem intuitively obvious to those of us who have experience in sales – but what the RFM model brings to the table i…
PriyadharshanSaba/OnlineRetailSales-RMFmodel
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Hypothesizes that customers who have made a purchase recently, make regular or frequent purchases with you and spend a large amount with you, are more likely to respond positively to future engagement and product offers. This might seem intuitively obvious to those of us who have experience in sales – but what the RFM model brings to the table i…
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