Why does the rfm rubric present the three key measures (recency, frequency, and monetary value) in that order?
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hey mate!!!
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rfm rubric actually control main more measures other than regency, frequency and monetary values as they are big financial aid to non profit public, institutes and capital etc
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Answered by
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Heya mate......
DEFINITION of Recency, Frequency, Monetary Value (RFM) Recency, Frequency, Monetary Value is a marketing analysis tool used to identify a firm's best customers by measuring certain factors. The RFM model is based on three quantitative factors: Recency: How recently a customer has made a purchase.
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DEFINITION of Recency, Frequency, Monetary Value (RFM) Recency, Frequency, Monetary Value is a marketing analysis tool used to identify a firm's best customers by measuring certain factors. The RFM model is based on three quantitative factors: Recency: How recently a customer has made a purchase.
Hope It Helps You ❤️
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