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How to increase sales by analyzing customer behaviour ? (by calculating the RFM score) 

LEAD
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For more insider's insights: thelead.io/category/data-science
Download the dataset here: github.com/theleadio/datascie...
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Not all customers are equal - so do you customer support. When was the last time did you customer made a purchase and how to identify each of their behavior.
With RFM analysis, you'll know exactly who's an 'one-off' customer, who needs more attention, and who are the biggest contributor to your business.
0:00 Intro
0:24 RFM analysis & benefits
1:44 Implementing RFM model using Microsoft Excel
6:09 Calculating RFM score
16:24 Best practices with RFM score
17:08 How to prioritize RFM for different businesses
18:05 Conclusion
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Where to follow and learn more from LEAD:
Website: www.thelead.io
Facebook: / thelead.io
================
LEAD is an institute in Malaysia, where we provide courses in Data Science, Full Stack Web Development, Digital Marketing & Business, for individuals and corporates - so they can find better careers or build successful businesses.
We teach career-ready skills that our students can use right away in their jobs or find a job. Rather than taking years to learn and master a subject, we have designed our courses to shortcut our students to be competent in the workspace.
So we gathered a group of experts in their fields, to teach and mentor our students. Collectively, our 15+ years in technology mentoring means you’ll get real insights & strategies from the best developers, digital marketers, and data scientists.
#RFM #RecencyFrequencyMonetary #DataScienceMalaysia #DataSciencePrograms #DataScienceCoach #DataScienceTraining #ArtificialIntelligence #Segmentation

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31 июл 2024

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Комментарии : 21   
@BlackWolfCrew
@BlackWolfCrew 18 дней назад
Thanks 🎉
@tanyataneja5901
@tanyataneja5901 2 года назад
one of most easy and clear video i came across. thanks a lot. subscribed channel and newsletter
@PRAVEENSINGH-wb4ge
@PRAVEENSINGH-wb4ge Год назад
Please make a video on segmentation
@meenakshi6452
@meenakshi6452 2 года назад
most logical and easy way of explaining!
@LEADOfficial
@LEADOfficial 2 года назад
Glad you liked it!
@mfonobot8910
@mfonobot8910 Год назад
very insightful
@BizdataCrush
@BizdataCrush Год назад
Thank you!!!
@priyankasahu6629
@priyankasahu6629 Год назад
Thanks for sharing. Indeed very informative.
@LEADOfficial
@LEADOfficial Год назад
Glad you enjoyed it!
@PramodChandBhatt
@PramodChandBhatt 2 месяца назад
Lovely!
@crmnuggets
@crmnuggets Год назад
Thanks so mu7ch.Can we get link to the Data file
@mariasanz385
@mariasanz385 Год назад
¿Could you include the link to the Excel file? I cannot find it in the description. Many thanks!! Great explanation!
@Aarohithesuperstar
@Aarohithesuperstar 5 месяцев назад
pls provide excel file link for practicing the same
@LEADOfficial
@LEADOfficial Месяц назад
I have updated the description, please check it out!
@mohamed.montaser
@mohamed.montaser Год назад
thanks for the video, but u didn't fix the issue with frequency of 1 getting score of 3, how to fix that?
@damienlomath1766
@damienlomath1766 11 месяцев назад
Please do it in power bi
@makav3li665
@makav3li665 2 месяца назад
CANT FIND LINK TO THE DATASET
@LEADOfficial
@LEADOfficial Месяц назад
I have updated the description, please check it out!
@nishantpatil9742
@nishantpatil9742 Год назад
can you please send this excel
@gibsonyu560701
@gibsonyu560701 Год назад
Where can I download this practice example, thanks
@LEADOfficial
@LEADOfficial Месяц назад
It's in the description section, check it out yo!
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