An RFM scoring method is often used to measure the effectiveness of a database.RFM stands for:
A) rebates, free premiums, and multiple purchases engaged in by the consumer
B) recency, frequency, and monetary transactions between the company and the customer
C) rough, fine-tuned, maximized database updates
D) recent, fortnightly, monthly transactional data compiled
Correct Answer:
Verified
Q6: The aim of _ is to establish
Q7: To segment and target their audiences,direct marketers
Q8: Databases are used in all of these
Q9: Information on Canada's privacy legislation that places
Q10: A press conference called by the Maritime
Q12: With an offer to subscribe to a
Q13: Which of the following is NOT an
Q14: Direct marketing:
A) is not a useful tool
Q15: When Melissa purchased a Maytag dryer,she was
Q16: An ad for pet health insurance contains
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