• to customer profitability for organizations. The whale curve for cumulative profitability (see picture) usually reveals that the most profitable 20 percent...
    18 KB (2,312 words) - 00:39, 10 August 2024
  • Customer profitability (CP) is the profit the firm makes from serving a customer or customer group over a specified period of time, specifically the difference...
    6 KB (871 words) - 19:03, 2 December 2023
  • " Customer lifetime value differs from customer profitability or CP (the difference between the revenues and the costs associated with the customer relationship...
    20 KB (2,890 words) - 02:38, 11 April 2024
  • through accounting for the profitability of customer relationships. By studying the particular spending habits of customers, a firm may be able to dedicate...
    53 KB (5,978 words) - 01:42, 18 September 2024
  • quality of product or service leads to customer satisfaction, which leads to customer loyalty, which leads to profitability. A model by Kaj Storbacka, Tore Strandvik...
    19 KB (2,635 words) - 15:07, 5 September 2024
  • emotional reaction leads to word of mouth. Customer delight directly affects the sales and profitability of a company, as it helps to distinguish the...
    8 KB (1,039 words) - 14:32, 6 June 2023
  • financial planning tool used to calculate the profitability of serving the needs of a particular customer account, based on the actual business activities...
    5 KB (525 words) - 05:51, 11 September 2024
  • to use. This can also be used for customer profitability analysis, identifying which customers are the most profitable and focusing on them more. One of...
    3 KB (394 words) - 06:44, 2 October 2023
  • on profitability. Research by John Fleming and Jim Asplund indicates that engaged customers generate 1.7 times more revenue than normal customers while...
    12 KB (1,576 words) - 17:06, 11 August 2024
  • Thumbnail for Porter's five forces analysis
    in terms of its profitability. An "unattractive" industry is one in which the effect of these five forces reduces overall profitability. The most unattractive...
    24 KB (3,150 words) - 05:23, 19 August 2024
  • advocates communism through state policy Customer profitability, the profit a firm makes from serving a customer Member of the Passionists, a Roman Catholic...
    7 KB (894 words) - 17:22, 22 September 2024
  • Thumbnail for Marketing
    process responsible for identifying, anticipating and satisfying customer requirements profitably". In the past, marketing practice tended to be seen as a creative...
    60 KB (7,136 words) - 18:16, 26 September 2024
  • Thumbnail for Gross margin
    return on marketing spending, earnings forecasts, and analyses of customer profitability." In a survey of nearly 200 senior marketing managers, 78 percent...
    12 KB (1,716 words) - 08:17, 18 September 2024
  • institutions may be their MCIF, CRM, or profitability systems that they use to keep track of their customer/member relationship activities. The data...
    7 KB (818 words) - 15:26, 23 February 2024
  • Customer engagement is an interaction between an external consumer/customer (either B2C or B2B) and an organization (company or brand) through various...
    41 KB (5,026 words) - 17:33, 25 August 2024
  • Customer experience, sometimes abbreviated to CX, is the totality of cognitive, affective, sensory, and behavioral customer responses during all stages...
    51 KB (6,294 words) - 17:02, 6 September 2024
  • Thumbnail for Profitability analysis
    In cost accounting, profitability analysis is an analysis of the profitability of an organisation's output. Output of an organisation can be grouped into...
    2 KB (185 words) - 03:48, 11 February 2023
  • on the strategic importance of Customer profitability, Word of mouth and other social effects on profitability, Customer retention, and the Diffusion of...
    16 KB (1,638 words) - 03:25, 28 July 2023
  • Most valuable customers is a marketing term referring to the customers who are the most profitable for a company. These customers buy more or higher-value...
    8 KB (900 words) - 00:41, 10 August 2024
  • efforts in a number of applications, including: Product profitability Customer profitability Capital expenditures Manufacturing operations Supply chain...
    12 KB (1,381 words) - 18:16, 12 September 2024
  • the company to maximize customer acquisition, retention, and profitability." Today's customer requires access in many forms of media to meet their preferences...
    6 KB (697 words) - 10:41, 11 August 2024
  • will help build sales faster and more profitably, as well as work to increase market share. Understanding customer needs is important because it helps promote...
    17 KB (2,407 words) - 04:41, 1 January 2024
  • Thumbnail for Activity-based costing
    services provided to its customers. ABC is generally used as a tool for understanding product and customer cost and profitability based on the production...
    20 KB (2,598 words) - 13:17, 29 May 2024
  • management, customer relationship management and customer experience management. This critical connectivity facilitates business profitability through the...
    13 KB (1,813 words) - 16:34, 29 August 2024
  • Angel and demon customers is a marketing concept dividing customers into two groups. Angel customers are profitable, whereas demon customers may actually...
    2 KB (119 words) - 11:27, 31 January 2024
  • Customer analytics is a process by which data from customer behavior is used to help make key business decisions via market segmentation and predictive...
    8 KB (956 words) - 19:35, 17 August 2024
  • segmentation or customer segmentation is the process of dividing a consumer or business market into meaningful sub-groups of current or potential customers (or consumers)...
    81 KB (10,422 words) - 15:28, 24 August 2024
  • The eCRM or electronic customer relationship management coined by Oscar Gomes encompasses all standard CRM functions with the use of the net environment...
    27 KB (3,659 words) - 15:48, 5 July 2024
  • customer satisfaction, retention, and profitability. A popular proxy for customer advocacy is the Net Promoter Score. Customer advocacy programs are often measured...
    4 KB (453 words) - 10:44, 3 June 2024
  • Thumbnail for Performance indicator
    segments and segmentation of customers by profitability Many of these customer KPIs are developed and managed with customer relationship management software...
    22 KB (2,730 words) - 02:32, 16 September 2024