Customer Lifetime Value Management
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Customer Lifetime Value Management
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Author : Matthias Arnold
language : de
Publisher: GRIN Verlag
Release Date : 2005-03-29
Customer Lifetime Value Management written by Matthias Arnold and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-03-29 with Business & Economics categories.
Studienarbeit aus dem Jahr 2004 im Fachbereich BWL - Offline-Marketing und Online-Marketing, Note: gut, FOM Essen, Hochschule für Oekonomie & Management gemeinnützige GmbH, Hochschulleitung Essen früher Fachhochschule, Veranstaltung: Schwerpunktfach Marketing, Sprache: Deutsch, Abstract: Einleitung “Bei der Lufthansa sorgten 2001 vier Prozent der Kunden (173000 Passagiere) für 1,7 Milliarden Euro Umsatz – sie fliegen damit 51 Prozent des Umsatzes aller Miles-&-More Karteninhaber ein. [Alle Maßnahmen des Unternehmens] (...) sind also auf die Pflege und den Erhalt dieser 250000-Euro-Kunden auszurichten – so hoch beziffert sich der Customer Lifetime Value, der Umsatz, den ein solcher Edelkonsument in seinem Leben einfliegt. Der Superkunde (..) wird gepflegt, gestriegelt und beflüstert wie ein Rennpferd.”1 Doch was genau ist der Customer Lifetime Value, wie wird er berechnet und aus welchen Elementen setzt sich effektives Customer Lifetime Value Management zusammen? Genau diese Fragen soll vorliegende Arbeit beantworten und erklären.
Customer Lifetime Value
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Author : V. Kumar
language : en
Publisher: Now Publishers Inc
Release Date : 2008
Customer Lifetime Value written by V. Kumar and has been published by Now Publishers Inc this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.
Customer Lifetime Value - The Path to Profitability provides methods to measure CLV, strategies for developing customer-centric strategies, explains the implementation of CLV strategies in a B2B and B2C setting, and examines the challenges faced by an organization in implementing a CLV-based framework.
Customer Lifetime Value
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Author : David Bejou
language : en
Publisher: Routledge
Release Date : 2013-04-03
Customer Lifetime Value written by David Bejou and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-03 with Business & Economics categories.
Get the competitive edge by effectively managing customer lifetime value The customer lifetime value (CLV) concept is extensively changing the way today’s business is managed. A student or practitioner needs to understand CLV to best gain the competitive edge in business. Customer Lifetime Value: Reshaping the Way We Manage to Maximize Profits is a text that shows in detail how managers and researchers can best use CLV to a business’s advantage. This valuable resource explores various practical approaches to the measurement and management of customer value that focus on maximizing profitability and growth. Leading thinkers discuss how to leverage CLV in all aspects of business, including customer management, employee management, and firm valuation. Everyone needing to prepare a business for success in the future should read this book. Most books on the subject only cover separate components of CLV and are typically limited to targeting for direct response marketing. Customer Lifetime Value presents all components, cohesively putting them together into an understandable functioning whole. This source prepares forward-looking managers and researchers for the inevitable change and provides strategies to gain and sustain the competitive advantage. Topics in Customer Lifetime Value include: leveraging the customer database to maximize CLV using CLV in customer segmentation customer divestment using CLV in firm valuation setting up an organization designed to maximize CLV much more! Customer Lifetime Value: Reshaping the Way We Manage to Maximize Profits is essential reading for practitioners in the areas of customer satisfaction, loyalty, CRM, and direct response, as well as academics in the service marketing area.
Internet Based Customer Value Management
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Author : Tymoteusz Doligalski
language : en
Publisher: Springer
Release Date : 2014-10-16
Internet Based Customer Value Management written by Tymoteusz Doligalski and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-10-16 with Business & Economics categories.
Customer value management is a managerial approach in which customers are perceived as the company’s asset, the value of which may be measured and increased through the organization of processes around customer relationships. This book deals with the topic of managing customer lifetime value on the internet, and more specifically on including the role of the internet in customer value proposition to enhance stakeholder and shareholder value. This book also discusses the possibilities of internet-based customer value management and presents a model describing the process leading to it. Its uniqueness lies in presenting a managerial approach to customer relationships rather than offering just another tool of e-marketing. The author’s approach is not limited by branches or sectors – differences in customer value management approaches are perceived through a prism of relationships between the company and its customers.
Customer Lifetime Value Management And Firm Performance Empirical Evidence From Polish Insurance Market
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Author : Przemyslaw Tomczyk
language : en
Publisher:
Release Date : 2015
Customer Lifetime Value Management And Firm Performance Empirical Evidence From Polish Insurance Market written by Przemyslaw Tomczyk and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
The purpose of this article is to identify the relationship of customer lifetime value management and firm performance by empirical verification of a conceptual model. In the presence of the increasing level of competition in many industries, it is important to build long-term relationships with customers. Customer lifetime value management is the composition of marketing activities, that can be useful to build these kind of relationships through the prism of customer lifetime value. The thesis about theeffectiveness of customer lifetime value management in the field of customer knowledge creation has been verified positively by the results of the study.The study was conducted from August till September 2012 and was attended by 1.245 micro-enterprises operating on financial advisers market in Poland (here: insurance agents).
Customer Relationship Management Der Customer Lifetime Value
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Author : Hendrik Schneider
language : de
Publisher: GRIN Verlag
Release Date : 2011
Customer Relationship Management Der Customer Lifetime Value written by Hendrik Schneider and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Business & Economics categories.
Studienarbeit aus dem Jahr 2011 im Fachbereich BWL - Customer-Relationship-Management, CRM, Note: 1,7, FOM Essen, Hochschule für Oekonomie & Management gemeinnützige GmbH, Hochschulleitung Essen früher Fachhochschule, Sprache: Deutsch, Abstract: Das zurückliegende Jahrzehnt war von immer schneller und häufiger auftretenden Veränderungen geprägt. Die zunehmende Komplexität bestehender sowie die Entstehung neuer Märkte, das Voranschreiten der Internationalisierung durch die Globalisierung, die rasende Entwicklung neuer Technologien und die immer stärkere Individualisierung des Kundenverhaltens stellen Unternehmen vor neue, unbekannte und daher schwierige Herausforderungen. Diese und andere Entwicklungen führen im Ergebnis zur Notwendigkeit einer zunehmend systematisierten wert- und kundenorientierten Unternehmensführung. Diese Art der Unternehmensführung entwickelt sich zunehmend zu einem wertorientierten Kundenmanagement, dem sog. Customer Relationship Management. Im Rahmen dieser Entwicklung entstand für den Unternehmensbereich Marketing die Aufgabe die Kundengruppen eines Unternehmens und deren Wertsteigerungspotenziale zu identifizieren. Hieraus soll im Anschluss eine langfristige und zukunftsbezogene Ausrichtung der Marketing- und Vertriebsaktivitäten auf Kundengruppen mit hohem Ertragspotenzial erfolgen. Nach herrschender Meinung ist der Erhalt einer Kundenbeziehung wesentlich kostenund ressourcenschonender, als die Gewinnung neuer bzw. die Rückgewinnung ehemaliger Kunden. Aus Sicht des Customer Relationship Management steht die Kundenbeziehung bzw. deren Pflege daher an erster Stelle. Die zu entwickelnden Maßnahmen umfassen nicht nur Aktivitäten zur Akquise neuer bzw. Rückgewinnung verlorener Kunden. Sie umfassen insbesondere Maßnahmen zum Aufbau und zur Entwicklung intensiver und langfristiger Kundenbeziehungen. Zur Entwicklung und Überprüfung der jeweiligen Aktivitäten müssen Unternehmen allerdings zunächst ermitteln, bei welchen Kundengruppen sich aufwendig
Customer Lifetime Value Management
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Author : Markus Hofmann
language : de
Publisher: Springer-Verlag
Release Date : 2013-07-02
Customer Lifetime Value Management written by Markus Hofmann and has been published by Springer-Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-07-02 with Business & Economics categories.
Immer mehr Unternehmen entdecken die Bedeutung von Customer-Relationship-Management (CRM). Hofmann legt das erste Buch vor, das CRM mit dem gleichfalls immer bedeutender werdenden Aspekt der wertsteigernden Unternehmensführung zum Customer-Lifetime-Value-Management (CLV-M) verknüpft.
The Definitive Guide To Customer Relationship Management Collection
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Author : V. Kumar
language : en
Publisher: FT Press
Release Date : 2012-09-05
The Definitive Guide To Customer Relationship Management Collection written by V. Kumar and has been published by FT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-09-05 with Business & Economics categories.
A brand new collection of powerful insights into building outstanding customer relationships… 4 pioneering books, now in a convenient e-format, at a great price! 4 remarkable eBooks help you develop rock-solid, high-value long-term customer relationships: levels of loyalty you thought were impossible Today, rock-solid long-term customer relationships are the holy grail of every business -- and they seem just as elusive. But such relationships are possible: great businesses are proving it every day, and reaping the rewards. In this extraordinary 4 eBook set, you'll learn how they do it -- and how you can, too, no matter what you sell or who your customers are. First, in Managing Customers for Profit: Strategies to Increase Profits and Build Loyalty, internationally respected marketing expert V. Kumar presents a complete framework for linking your investments to business value - and maximizing the lifetime value of every customer. Learn how to use Customer Lifetime Value (CLV) to target customers with higher profit potential…manage and reward existing customers based on their profitability…and invest in high-profit customers to prevent attrition and ensure future profitability. Kumar introduces customer-centric approaches to allocating marketing resources…pitching the right products to the right customers at the right time…determining when a customer is likely to leave, and whether to intervene…managing multichannel shopping… even calculating referral value. Next, in Smart Retail: Practical Winning Ideas and Strategies from the Most Successful Retailers in the World, Richard Hammond presents remarkable new case studies, ideas, strategies, and tactics from great retailers worldwide. Discover new ways to use data to drive profit and growth… do more with less… leverage technology to develop highly productive and innovative remote teams… create your ultimate retail experience! In Inside the Mind of the Shopper: The Science of Retailing, the legendary Herb Sorensen reveals what customers really do when they shop, ripping away myths and mistakes that lead retailers to miss huge opportunities. Sorensen identifies simple interventions that can have dramatic sales effects, shows why many common strategies don't work, and offers specific solutions for serving quick-trip shoppers, optimizing in-store migration patterns, improving manufacturer-retailer collaboration, even retailing to multicultural communities. Finally, in The Truth About What Customers Want, Michael R. Solomon demystifies today's consumers, revealing what they want, think, and feel. Then, based on his deep truths about consumer behavior, he presents 50 bite-size, easy-to-use techniques for finding and keeping highly profitable customers! From world-renowned experts in customer behavior and retail performance V. Kumar, Richard Hammond, Herb Sorensen, and Michael R. Solomon
Driving Customer Equity
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Author : Roland T Rust
language : en
Publisher: Free Press
Release Date : 2000-06-27
Driving Customer Equity written by Roland T Rust and has been published by Free Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-06-27 with Business & Economics categories.
In their efforts to become more customer-focused, companies everywhere find themselves entangled in outmoded systems, metrics, and strategies rooted in their product-centered view of the world. Now, to ease this shift to a customer focus, marketing strategy experts Roland T. Rust, Valarie A. Zeithaml, and Katherine N. Lemon have created a dynamic new model they call "Customer Equity," a strategic framework designed to maximize every firm's most important asset, the total lifetime value of its customer base. The authors' Customer Equity Framework yields powerful insights that will help any business increase the value of its customer base. Rust, Zeithaml, and Lemon introduce the three drivers of customer equity -- Value Equity, Brand Equity, and Retention Equity -- and explain in clear, nontechnical language how managers can base their strategies on one or a combination of these drivers. The authors demonstrate in this breakthrough book how managers can build and employ competitive metrics that reveal their company's Customer Equity relative to their competitors. Based on these metrics, they show how managers can determine which drivers are most important in their industry, how they can make efficient strategic trade-offs between expenditures on these drivers, and how to project a financial return from these expenditures. The final section devotes two chapters to the Customer Pyramid, an approach that segments customers based on their long-term profitability, and an especially important chapter examines the Internet as the ultimate Customer Equity tool. Here the authors show how companies such as Intuit.com, Schwab.com, and Priceline.com have used more than one or all three drivers to increase Customer Equity. In this age of one-to-one marketing, understanding how to drive Customer Equity is central to the success of any firm. In particular, Driving Customer Equity will be essential reading for any marketing manager and, for that matter, any manager concerned with growing the value of the firm's customer base.
Managing Customers Profitably
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Author : Lynette Ryals
language : en
Publisher: John Wiley & Sons
Release Date : 2009-01-22
Managing Customers Profitably written by Lynette Ryals and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-01-22 with Business & Economics categories.
This book is a response to a need in the market place in the fast-growing field of customer profitability analysis and the profitable management of customer relationships. It combines innovative approaches to calculating the value of customers, with the management strategies necessary to make and keep customers profitable. It includes easy-to-follow instructions on how to calculate customer profitability, including worked examples (non-technical) and discusses strategies and their applications for organizations to manage customers profitably. Based on cases and feedback from the KAM Club and other research, there will be many business-to-business as well as business-to-consumer examples. The book assumes some level of numeracy in its readership. The contents include: Assessing product costs, costs to serve and how these can be estimated, and how to deal with customer-specific overhead costs. It discusses the uses and limitations of the use of customer profitability analysis, and illustrates how to calculate customer lifetime value using two methods, one with actual numbers and one which estimates relative customer lifetime value. Provides an innovative approach to calculating the lifetime value of a customer by taking risk into account. Demonstrates how to recognise and value the relationship benefits of customers, such as word of mouth. Brings into discussion the idea that how customers are managed, links to their profitability. Describes how financial portfolio analysis and theory apply to marketing and how, their application to marketing relates to the optimisation of marketing spend.