Search -
Managing Customers for Profit: Strategies to Increase Profits and Build Loyalty
Managing Customers for Profit Strategies to Increase Profits and Build Loyalty Author:V. Kumar This is the eBook version of the printed book. If the print book includes a CD-ROM, this content is not included within the eBook version. Leading marketing expert V. Kumar shows how to use Customer Lifetime Value (CLV) to target customers with higher profit potential...manage and reward existing customers based on their profitability...and inv... more »est in high-profit customers to prevent attrition and ensure future profitability. Kumar introduces customer-centric approaches to allocating marketing resources for maximum effectiveness...pitching the right products to the right customers at the right time...determining when a customer is likely to leave, and whether to intervene...managing multichannel shopping...even calculating a customer's referral value. Drawing on his extensive experience consulting with world-class marketing organizations, Kumar illuminates the challenges of transitioning from a product-centric to a customer-centric approach and presents proven solutions. Simply put, this book-s techniques offer marketing executives a complete framework for linking their investments to business value-and maximizing the lifetime value of every single customer.« less