An RFM scoring method is often used to measure the effectiveness of a database. RFM stands for:
A) rough, fine-tuned, maximized database updates
B) recent, fortnightly, monthly transactional data compiled
C) recency, frequency, and monetary transactions between the company and the customer
D) rebates, free premiums, and multiple purchases engaged in by the consumer
Correct Answer:
Verified
Q12: Database marketing is criticized because it is:
A)
Q13: When Melissa purchased a Maytag dryer, she
Q14: The interactive use of advertising media to
Q15: The growth of electronic communication has given
Q16: CRM stands for:
A) customer relationship management
B) customized
Q18: What do Statistics Canada, Canada Post, Info
Q19: Direct marketing:
A) seeks the same objectives as
Q20: Which of the following is NOT an
Q21: In direct response advertising, the "direct response"
Q22: A typical objective for direct marketing is
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