Figure 2From “What is RFM analysis?”
An RFM analysis record
Write down the setting, the window, the three definitions, the grouping, the forecast check and the decision in separate fields before acting on a score.
Figure 2An RFM analysis record
Source: Author's decision worksheet. The setting field follows Fader and Hardie (2009), p. 63, and Fader and Hardie (2010), p. 85; the window, measures and grouping fields follow Fader et al. (2005), pp. 415-417 and 425; the forecast field follows Fader and Hardie (2009), pp. 62 and 65, and Fader et al. (2005), p. 426. The fields are reader inputs; no company data is supplied.

From the essay
Growth that compounds
What is RFM analysis?
RFM analysis ranks customers by how recently and how often they bought and what they spent per purchase. It describes the past; forecasts need a model.
Read the essayThis exhibit belongs to an essay: the numbers live here, the argument lives there.
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