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    Foundations and Trends® in Marketing

    CUSTOMER EQUITY
    Measurement, Management and Research Opportunities

    by Julian Villanueva (IESE Business School, Madrid, Spain) & Dominique M Hanssens (University of California, Los Angeles, USA)

    Customer Equity can help management:
    • allocate marketing spending for long-term profitability
    • understand the connection between budgets, metrics and financial performance
    • provide a customer focused approach for measuring firm value
    • improve the productivity of CRM platforms by providing frameworks, tools and metrics

    Customer Equity reviews current models, offers a typology, and examines the fundamental question of whether a customer equity orientation can put a firm in a competitive advantage to other firms. The authors review models that can increase customer equity by optimizing each of its drivers – customer acquisition, customer retention, and add-on selling.

    Customer Equity is important reading for marketing managers, marketing researchers, scholars and students.

    Published by Now Publishers and marketed by World Scientific


    Contents:

    • Introduction
    • Models to Compute Customer Equity
    • Drivers of Customer Equity: The Acquisition Effort
    • Drivers of Customer Equity: Customer Retention
    • Drivers of Customer Equity: Add-on Selling
    • Marketing Customization and Customer Equity Maximization
    • Conclusions
    • References


    Readership: Graduate students, postgraduates and marketing professionals.

    110pp Pub. date: Feb 2007
    ISBN 978-1-60198-010-6(pbk)
    1-60198-010-8(pbk)
    US$80 / £53



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    Updated on 20 November 2009