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.
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