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INTERNATIONAL JOURNAL OF CREATIVE RESEARCH THOUGHTS - IJCRT (IJCRT.ORG)

International Peer Reviewed & Refereed Journals, Open Access Journal

IJCRT Peer-Reviewed (Refereed) Journal as Per New UGC Rules.

ISSN Approved Journal No: 2320-2882 | Impact factor: 7.97 | ESTD Year: 2013

Call For Paper - Volume 14 | Issue 3 | Month- March 2026

Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 7.97 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(CrossRef DOI)

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  Published Paper Details:

  Paper Title

Enhancing Customer Retention Strategies Through Predictive RFM Segmentation: A Business Analytics Approach

  Authors

  Sanskriti Suyal,  Rahul Nawkhare,  Navin Sharma,  Nitin Chaudhary,  Saurabh Chakole

  Keywords

Customer Retention, RFM Segmentation, Predictive Analytics, Business Intelligence, Tableau, Customer Lifetime Value

  Abstract


Customer retention is a critical metric for business sustainability and growth, particularly in competitive market environments where acquiring new customers incurs significantly higher costs than retaining existing ones. This study presents a data-driven approach to enhancing customer retention strategies using RFM (Recency, Frequency, Monetary) segmentation, integrated with predictive analytics. By analyzing historical transaction data through RFM metrics, customers were segmented into distinct clusters to uncover behavioral patterns and purchase tendencies. Predictive modeling techniques, such as decision trees and logistic regression, were employed to identify key drivers influencing customer churn and loyalty. The outcomes were visualized through interactive dashboards using Tableau to support strategic decision-making. This research contributes to the field of business analytics by demonstrating how predictive RFM segmentation can provide actionable insights for improving marketing effectiveness and increasing customer lifetime value. The approach is particularly valuable for organizations seeking scalable solutions to personalize retention strategies and foster long-term customer engagement.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2506319

  Paper ID - 286875

  Page Number(s) - c766-c776

  Pubished in - Volume 13 | Issue 6 | June 2025

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Sanskriti Suyal,  Rahul Nawkhare,  Navin Sharma,  Nitin Chaudhary,  Saurabh Chakole,   "Enhancing Customer Retention Strategies Through Predictive RFM Segmentation: A Business Analytics Approach", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.13, Issue 6, pp.c766-c776, June 2025, Available at :http://www.ijcrt.org/papers/IJCRT2506319.pdf

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Call For Paper March 2026
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ISSN and 7.97 Impact Factor Details


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ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
ISSN
ISSN and 7.97 Impact Factor Details


ISSN
ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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