Definition of Recency:
Measure of the time elapsed since (1) the last purchase was made by a customer, or (2) an advertisement was last published, or a commercial was last broadcast.
How to use Recency in a sentence?
- You should always try and know how your product has been doing in the recency and see if you need to change anything.
- The recency of the purchase made it so tat we could still do the refund with no problems and also very quickly.
- You should always calculate how long the recency was so that you can plan on how to act in the next period.
Meaning of Recency & Recency Definition