Identifying customer priority for new products in target marketing: Using RFM model and TextRank

Target marketing is a key strategy used to increase the revenue. Among many methods that identify prospective customers, the recency, frequency, monetary value (RFM) model is considered the most accurate. However, no RFM study has focused on prospects for new product launches. This study addresses t...

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Bibliographic Details
Main Authors: Seongbeom Hwang, Yuna Lee
Format: Article
Language:English
Published: LLC "CPC "Business Perspectives" 2021-06-01
Series:Innovative Marketing
Subjects:
Online Access:https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/15128/IM_2021_02_Hwang.pdf