customerRetentionLifetimeDuration: Lifetime Duration Data for Customer Retention (Chapter 4)

Description Usage Format See Also Examples

Description

Lifetime Duration Data for Customer Retention (Chapter 4)

Usage

1

Format

Data frame with the following 8 variables

customer

customer number (from 1 to 500)

x

The number of transactions by a given customer over all time periods. Here we assume that it is the sum of the variable Purchase where customers at most made 1 purchase per quarter.

tx

time of the last transaction, i.e. the last quarter where purchase == 1

T

total time between the first purchase and the end of the observation window, i.e. 12 quarters for all customers

See Also

customerRetentionTransactions

Examples

1
2

Example output

'data.frame':	500 obs. of  4 variables:
 $ customer: num  1 2 3 4 5 6 7 8 9 10 ...
 $ x       : num  4 2 2 11 12 12 1 2 3 10 ...
 $ tx      : num  4 12 6 11 12 12 1 3 3 10 ...
 $ T       : num  12 12 12 12 12 12 12 12 12 12 ...

SMCRM documentation built on May 2, 2019, 2:46 p.m.