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Scoring

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Scoring - definition(s)

Scoring - (Also, see Weighting.) To provide potential (for business-to-business need) and probability of response to consumer mail, modeling programs effectively calculate a "score" or "weight" for each record. For business, such scored weights for each 8-digit SIC by one of the 9 employee size groups - are added together to provide comparable potentials for individual territories, branches, divisions or product groups. Consumer lists by similar means can be scored high to low in deciles.

[Category=Database Marketing ]

Source: Postcom, 05 April 2010 08:40:39, http://postcom.org/public/admail_image/glossary.htm External

 

 

 

 


Data Quality Glossary.  A free resource from GRC Data Intelligence. For comments, questions or feedback: dqglossary@grcdi.nl