/Customer-Segmentation-using-RFM-Analysis

An RFM Analysis using a retail data.

Primary LanguageJupyter NotebookMIT LicenseMIT

Customer-Segmentation-using-RFM-Analysis

An RFM Analysis using retail data.

Overview

RFM Analysis is a technique used to understand and analyze customer behavior. The analysis is based on Recency, Frequency, and Monetary factors.

✔️ In this repo, we'll follow these steps:

  • Calculating Recency, Frequency, Monetary values,
  • Defining RFM scores,
  • Sort into groups according to RFM scores,
  • Personalize marketing strategies for relevant segments

Sources:

License

This repo is licensed under the MIT License