What is RFM Segmentation and How Can Your Business Use It
RFM segmentation is a marketing technique that categorizes customers based on their buying behavior using Recency, Frequency, and Monetary parameters. It helps create targeted marketing campaigns and tailor messaging.
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Predicted Lifetime Value (PLTV) is a metric that estimates the total revenue a business can expect from a customer over their lifetime, helping businesses drive growth and enhance customer retention.
Read MoreAmplify Your Business Results with RFM Analysis for Customer Segmentation
RFM analysis is a data-driven approach to customer segmentation based on recency, frequency, and monetary value. It helps businesses target valuable customers and optimize marketing efforts.
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