Last updated June 2020

Know your customers with RFM

Learn how to segment your customers with only three data points: recency, frequency and monetary value.

Leif Arne Bakker
Towards Data Science
9 min readApr 3, 2020

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Source: (@annadziubinska) via Unsplash

In this article we’ll show you how to create a RFM model in a few easy steps. You’ll also learn how to implement the model with just a few lines of Python code. Whether you have a…

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I am the business design lead at the Futurice Oslo office where I work with a wide range of stuff, from business model design to machine learning.