Use this page to select orders to be totaled for data mining by the following data:
- The most recent date of the shopping activity (recency)
- The greatest number of orders placed (frequency)
- The most amount of money spent on the orders (monetary)
The data is ranked according to each variable and then divided into five equal bins. Each contract or account is assigned a number between one and five, which corresponds to their bin assignment. The contract or account with the most recent shopping activity, the greatest number of orders, and the most money spent will have an RFM value of 555. The contracts or accounts with the least activity, the smallest number of orders, and the least amount spent have an RFM value of 111. RFM requires a minimum of five records to run successfully.
- WebSphere Commerce Order Item Status
- The WebSphere Commerce order item status. This field is read-only.
- Members
- Select Members if you want to total the orders for RFM placed by member.
- Trading Agreement
- Select Trading Agreement if you want to total orders placed by trading agreement. A trading agreement in WebSphere Commerce represents a contract, business account, or RFQ.
- Refresh
- Click Refresh to reload the original values in the window.
- Apply
- Click Apply to apply any changes.