Explain the characteristics of customers that have the following RFM scores: {1 1 5}, {1 5 1},

Question:

Explain the characteristics of customers that have the following RFM scores:
{1 1 5}, {1 5 1}, {5 5 5}, {2 5 5}, {5 1 2}, {1 1 3}

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Database Concepts

ISBN: 978-0133544626

7th edition

Authors: David M. Kroenke, David J. Auer

See More Books

Question Posted: Feb 25, 2019 09:31 AM

See More Questions

Explain Web 2.0 and identify its four characteristics.
The list below shows a set of customers that a company has and their RFM scores. Answer the following questions using information from the list. a. Which of the customers should the company focus...
What do the letters RFM stand for in RFM analysis?
Over the last few years, we have started to see some retailers open earlier and earlier on Thanksgiving Day. Others have taken a different approach and decide to remain closed. Is it a good strategy...
Why is the concept of "empowering" employees important in doing business ethically?
In Exercises 6168, use the graphs of {a n } and {b n } to find each indicated sum. The Graph of {a} an -1 1. 23 st 50 ITT 20 3 4 5 HA n The Graph of {b} b 4 1 1 -2 ...... +5 2 3 4 5 n
A rock dropped from the top of a building takes $0.50 \mathrm{~s}$ to fall the last $50 \%$ of the distance from the top to the ground. How tall is the building?
Chris Sandvig Irrigation, Inc., has summarized the price list from four potential suppliers of an underground control valve. See the table below. Annual usage is 2,400 valves; order cost is $10 per...
A low-flying drone took photos of activities in the Steinberg's backyard that appeared to be meth production. The owner of the drone took the photos to the local police because of concerns about the...
Richy Limited has plant that cost R 345 000 on 01 January 2016. Installation and modification costs R 69 000 (including vat). Transfer costs paid to lawyer amounted to R 20 000. Transport costs for...
Name and describe the purpose of the major components of a reporting system.
In RFM analysis, what do the letters RFM stand for?
Consult Paragraphs 28-30 of PCAOB Auditing Standard No. 5. Identify at least one relevant financial statement assertion related to the restructuring reserve account. Why is it relevant?
How do we squeeze multiple messages onto a single medium all at the same time? Explain in your own words how that can be done.
How might learning about mortgages and taxes help people's daily lives, and if they are in the market for a home, how might the information help them make an informed decision?
Briefly define servant leadership as posited by at least one leadership scholar. Explain why you believe servant leadership has been found to foster such significant development and...
Imagine violating an interpersonal communication norm (not making any eye contact during a conversation) with individuals with whom you have 3 different levels of relationships. (stranger, friend,...
Can you identify at least two specific ways that incorporate presence in your argument using delivery. "Arguments & arguing" .
A Geiger tube consists of two elements, a long metal cylindrical shell and a long straight metal wire running down its central axis. Model the tube as if both the wire and cylinder are infinitely...
Jax Incorporated reports the following data for its only product. The company had no beginning finished goods inventory and it uses absorption costing. $ 57.30 per unit $ 10.30 per unit $ 7.80 per...
Write an SQL statement to create a view named CustomerSalesView based on the the CUSTOMER_04 and SALE_02 tables. In this view, include the values of Customer ID, LastName as CustomerLastName,...
Write an SQL statement to create a view named Customer01DataView based on the CUSTOMER_01 table. In the view, include the values of EmailAddress, LastName as CustomerLastName, and FirstName as...
Write and run an SQL INSERT statement to insert the following record into the SALE_02 table: What was the result of running this statement? Why did this result occur? DateOf Sale SalelD CustomerlD...
The first page of the My Autobiographical Playlist Document is for you to share your album cover , which can be drawn or created digitally. The remaining pages of the My Autobiographical Playlist...
Georgina is almost ready to graduate from high school. She has earned good grades and has participated in several science competitions while in high school. Her parents have encouraged her to learn...
PowerPoint is a visual aid for many speakers. Discuss some points to remember when adding text to a PowerPoint presentation. How do they help make the experience better for the audience and the...

Explain the characteristics of customers that have the following RFM scores: {1 1 5}, {1 5 1},

Question:

Step by Step Answer:

RFM SCORE 1 15 1 5 1 5 5 5 2 5 5 5 1 2 1 1 3 R Ordered recently Order...View the full answer

Database Concepts

Students also viewed these Computer science questions