A Southwick-only R package for lifetime pricing analysis which includes functions for preparing data, estimating retention curves, revenue, and break-even metrics.
From the R console:
install.packages("remotes")
remotes::install_github("southwick-associates/lifetime")
This package includes several vignettes to guide analysts:
Retention Curves: Estimating retention curves (by age) using linear regression
Revenue: Estimating future revenue (annual vs. lifetime scenarios)
Full Analysis: Functions to streamline full analysis
After package installation, you can also run ?lifetime::lifetime
for a function reference.
The methods are documented in the reference report. Some background work was done to compare alternative estimation methods ("years-by-age" used previously vs. "retain" method used here vs. "logistic" which could directly incorporate avidity): predicting retention
See the R packages book for a guide to package development. The software environment was specified using package saproj.
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