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You are here: HomeAnalytics GlossaryCustomer Value Models
 
  • Analytics
  • Churn / Attrition and Retention / Loyalty Models
  • Clustering
  • Customer Analytics
  • Customer Life-Cycle Analysis
  • Customer Segmentation
  • Customer Value Models
  • Data Analysis
  • Data Mining
  • Data Segmentation
  • Decision Trees
  • Market Analysis
  • Market Basket Analysis
  • Predictive Modelling
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  • Recency, Frequency, Value (RFV) Analysis
  • Response Analysis and Models

Customer Value Models

A customer value model establishes what the value of a customer has been to an organisation using transactional data. From there, it predicts what the current value the customer has, and what the value may be over a period of time in the future. Customer value models can be complex. It is important in such models to define retrospective customer value clearly so that data mining can estimate a customer's future value.

 
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