Information on recency and monetary value of purchases is enough to identify most profitable customers.

Name: Information on recency and monetary value of purchases is enough to identify most profitable customers.
Brand: Quizplus
Rating: 4.7 (41 reviews)

Question

Quizplus · Accepted Answer

Identifying the most profitable customers typically requires analyzing additional factors beyond recency and monetary value, such as frequency of purchases, customer lifetime value, and profitability of each transaction.

Information on Recency and Monetary Value of Purchases Is Enough