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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


Copyright © 2008 World Scientific Publishing Co. All rights reserved.
Updated on 4 July 2008