In RFM analysis, an R score of 5 shows that ________.
A) a customer has not made any recent purchases
B) a customer has bought the most expensive items
C) a customer has frequently ordered expensive items
D) a customer has purchased the least expensive items
Correct Answer:
Verified
Q7: What is database marketing?
Q8: RFM analysis can be a useful tool
Q9: The RFM score is obtained by ranking
Q10: In RFM analysis, customers who have bought
Q11: Which of the following RFM scores refers
Q13: Data mining techniques are essential for database
Q14: Databases are not a key component of
Q15: A high F score denotes that the
Q16: Which of the following is the first
Q17: Which of the following marketing techniques refers
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