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Paul Miller
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“Once you’ve started segmenting,” Gaines said, “you can use tools like RFM. At Eckler’s, when I first got there, we were divided into zero to three months and six-month buyers. This worked for years, but response [ultimately] went down. So we started doing more RFM, looking at buyers by segmenting, and started to see which segments we could drop out, because they weren’t profitable.”
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