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Customer Relationship Management: The Bottom Line to Optimizing Your ROI
book

Customer Relationship Management: The Bottom Line to Optimizing Your ROI

by Dr. Jon Anton, Dr. Natalie L. Petouhoff
December 2001
Intermediate to advanced
272 pages
7h 29m
English
Pearson
Content preview from Customer Relationship Management: The Bottom Line to Optimizing Your ROI

Customer Lifetime Value

Everyone talks about customer lifetime value (CLV), but does anyone really understand what it is or what it takes to achieve it? To begin to address CLV, we need to understand the more sophisticated topics of calculating customer value, understanding customer loyalty, determining overall customer profitability, and ultimately achieving business growth based on the same. While companies are investing billions in operational CRM systems, very few companies have attempted to understand CRM effectiveness. Yet, shareholders are demanding financial accountability. And why shouldn't they? Technology is very expensive and it does not always give the results expected.

Until recently a heady economy could mask the failure of enterprise ...

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Publisher Resources

ISBN: 0130990698Purchase book