Learn how to develop tactics for engagement and customer purchase optimization using RFM analysis
Recency, frequency, and monetary value are important metrics used to identify a company or organization’s best customers.
This module will show you how to use this powerful technique for email marketing, particularly in transactional businesses such as catalogue retailers, travel, financial services and subscription services.
How is the Learning Path structured?
- RFM analysis overview
- The key metrics: Recency, Frequency and Monetary Value
- Assigning RFM values
- Additional methods of reviewing online customer behaviour
- Lifetime value calculations
- RFM in action
- Correctly apply RFM as a behavioural segmentation technique for email marketing campaigns.
This module is in the Email Marketing and Automation Learning PathView Learning Path
Individual members get full access to this and 4 other Learning Paths.Learn more about Individual membership Already an Individual or Business member?