
Blue Tahiti’s online RFM (Recency, Frequency, Monetary Value) tool allows an organization to use its own CRM data to easily and accurately analyze their customers' behavior in order to build focused marketing campaigns that will deliver higher ROI.
RFM is a powerful yet simple technique that uses analysis of purchasing behavior to segment and score customers in terms of their value to the organization. The score attached to each customer is in fact a model of their behavior that can be used to segment the customer base for targeting.
In its simplest form, RFM says that an organization's best customers are those that buy recently, regularly and have the highest value orders. Blue Tahiti’s online RFM allows additional tuning of the model allowing “What if” scenarios to be investigated such as “Who are my best customers if regularity of purchase is most important to me?” or “Who are my best customers if value of purchase is most important to me?”
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