Background
Planet M is the leading music retailer in India with over 100 outlets. Planet M was The Times of India group’s initiative which was later acquired by the Videocon Group. M-Xtasy World is the loyalty programme with over 5 lakh members.
Opportunities:
- Identify most valuable customers (MVCs)
- Track MVCs on monthly basis
- Recommend retention, cross-sell and upsell opportunities
TheoryM Solutions:
- Develop a framework for valuing customers on Recency, Frequency and Monetary Value (RFM clusters)
- Develop a framework for tracking member migration across clusters (LEAKY BUCKET)




