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The Customer-Base Audit - The First Step on the Journey to Customer Centricity (Paperback)
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The Customer-Base Audit - The First Step on the Journey to Customer Centricity (Paperback)
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List price R605
Loot Price R505
Discovery Miles 5 050
You Save R100 (17%)
Expected to ship within 10 - 15 working days
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As a leader in your organization, you will be very familiar with
your organization's key financial statements and monthly management
reports. You may have spent countless hours discussing budgets and
expenditures. But how much time have you spent reflecting on the
fact that these revenues are generated by actual customers-the
people who pull out their wallets and pay for your products and
services? In The Customer-Base Audit: The First Step on the Journey
to Customer Centricity, experts Peter Fader, Bruce Hardie, and
Michael Ross start you on the path toward really getting to
understand your customers' buying behavior as well as the health of
your overall customer base. A customer-base audit is a systematic
review of the buying behavior of a firm's customers using data
captured by its transaction systems. It will help you answer
questions such as: -- How healthy is your customer base? How
realistic are your growth objectives? -- How do your customers
differ in terms of their behavior and value? -- How has the quality
of your customers changed over time? -- What changes in customer
behavior lie behind period-to-period changes in firm performance?
-- What is important to your high-value customers? Which products
help you acquire and retain your best customers? Fader, Hardie, and
Ross present five "lenses" through which an executive can address
questions like those above. The answers are often lurking in
various parts of the organization, but it is rare to find all the
relevant analyses in one place, let alone performed on a regular
basis (as an audit should be). Yet without such a basic, systematic
understanding of the foundations of the firm's primary source of
cash flow, how can executives make informed decisions? Fader, a
Wharton professor, is the author of Customer Centricity and
coauthor of The Customer Centricity Playbook, both of which have
helped businesses radically rethink how they relate to customers.
In this first step of the journey, Fader, Hardie, and Ross assist
leaders in gaining a fundamental understanding of their customers'
buying behavior-and thus their company as a whole.
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