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How to Incorporate RFM Segmentation With Predictive Models
By Roy Wollen and Joe Boland, assistant editor,
Target Marketing
Jan 7, 2009
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Jan 7, 2009 How to Incorporate RFM Segmentation With Predictive Models - By Roy Wollen and Joe Boland, assistant editor,
Target Marketing
---------------------------------------------------------- With predictive models all the rage in direct marketing analytics these days, recency-frequency-monetary value segmentation may seem outdated. But the truth of the matter is, RFM still has a place in modern database marketing when used side by side with predictive models. After all, the best predictor for future behavior is past behavior, and that’s exactly what RFM offers. View more at... http://www.targetmarketingmag.com/article/how-incorporate-rfm-segmentation-with-predictive-models-401539_1.html ----------------------------------------------------------
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