Wrangling through Dataland

Dynamic Customer Analytics

Crafting & testing a dynamic Recency-Frequency-Monetary (RFM) model

Alvin T. Tan, Ph.D.
Towards Data Science
17 min readJan 8, 2020

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Carol Johnson, “Hardware Store Painting”, Kansas Museum of History

The 2012 news story that Target could predict its customers’ pregnancies was arguably a watershed moment in machine learning’s rise to mass consciousness. Apocryphal or not, the story went viral, swathed in those layers of wonder and…

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Financier by profession. Economist by training. Data scientist & essayist by inclination.