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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.
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.
The goal of the project is to build a cohort transition analysis of a user base by month. On a high level, this analysis should show how users' engagement develops over time and how users come into and fall out of the platform again. A cohort by definition is a certain status that's affixed to both a user and a concrete month, depending on user
Project explores the transaction history of an online household goods store through detailed data analysis, visualizations, and statistical hypothesis testing, offering valuable insights into purchase trends, customer behavior, and strategic product decisions.
In this project, I aimed to analyze the profitability of products in an e-commerce dataset. I performed various SQL queries to extract valuable insights about product profitability, including the identification of the top 5 products with the highest profit margin, and unique combinations of brands and product lines with the highest profitability.
This Cohort table sorts customers by when they made their first purchase and calculate the retention rate of each groups by checking how many of them keep buying over months.