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The “RFM” in RFM analysis stands for recency, frequency and monetary value. RFM analysis is a way to use data based on existing customer behavior to predict how a new customer is likely to act in the future.
In this project, an analysis of the investment process of the investor will be carried out. Data exploration, Data manipulation, Analysis of the investment process, Analyze the time until the first investment and Invest retention analysis
Retention Rate is defined as the number of customers who continue to use a product/service. Retention rate is measured as the number of returning users, at a regular interval such as every week or month, grouped by their week of signup, in this project I'll be exploring an online retail dataset and create a retention cohort analysis in Jupyter N…
RFM analysis focuses on identifying and segmenting customers based on their purchasing behavior. Analyzed to understand and interact with customers. It can be used together for more effective marketing and customer management strategies.