Customer Lifetime Value (SMALL BOOK 167-177) * Customer lifetime value (CLV)‚ is the net present value of the cash flows attributed to the relationship with a customer. * The use of customer lifetime value as a marketing metric tends to place greater emphasis on customer service and long-term customer satisfaction‚ rather than on maximizing short-term sales. * Two approaches to CLV: * Disaggregate (“spreadsheet”)– Complex and cumbersome‚ but allows you to build in any assumptions
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brands mainly through the product‚ target markets (customer groups and countries)‚ store presentation and retail image. And in 2008‚ the percentage of the growth in sales compared to 2007 is 9%‚ it means that Zara has been successful by meeting the ‘risk of cannibalization’. Compare with the other competitors‚ Inditex has some advantages. For example‚ the first one is the repeat visits. An average high-street store in Spain expects customers to visit 3 times a year‚ but that figure will be up
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assessed and met? • What training and development that you had did you find most helpful and enjoyable? • What can you say about communications within the organization/your department? • What improvements do you think can be made to customer service and relations? • How would you describe the culture or ’feel’ of the organization? • What could you say about communications and relations between
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Improving Organization Retention Paper JC’s casino is a lovely resort where people go to stay and enjoy themselves. The JC’s casino has a supportive work environment that offers equal opportunity to the employees‚ they are offered excellent wages‚ good benefits and have the opportunity for advancement within the company. Within the casino there are problems and management has contracted an independent consultant to help with retention and issues the employees are having. Rudeness is at the low
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I am currently applying for Helper or Moderator position. I understand that on most servers/occasions you start off as a helper and eventually work your way up through the ranks if you are doing a good job. I have lots of experience ranging from Helper-Owner. How young are you? • I am currently 14 years old as of June 1. I understand that this may not be the most desired age for applying for such an important position. However‚ I believe age is just a number and does not justify how mature I am
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4.1 AGE Satisfaction of each customer changes according to the age . Age is the very important factor .Table 4.1 shows the age wise classification of respondents. TABLE 4.1 (Age wise classification) | AGE INTERVAL | NO.OF RESPONDENT | PERCENTAGE | | Below 25 |
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Project Proposal Project Proposal Product Strategy and Management INDIAN INSTITUTE OF MANAGEMENT‚ BANGALORE Understanding and analyzing the market strategy of Godrej Appliances Understanding and analyzing the market strategy of Godrej Appliances Submitted To Prof. Ramesh Venkateswaran Submitted by Group 2 Rajesh Kumar Sanga 1211286 Nareshbabu Vadditandra 1211277 Kaluvai Rajesh 1211192 Shiva Nanditha 1211232 Aditi Garg 1211322 Akhilesh Chader 1211196 Kasam
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Customer Centric Marketing Prof. Barak Libai 1 Prof. Barak Libai 2 Prof. Barak Libai 3 Prof. Barak Libai 4 “Technology is creating a radical new business model that alters the whole dynamic of customer service “ And Marketing in general Prof. Barak Libai 5 Next How the customer centric view is becoming essential in modern marketing Customer profitability analysis Prof. Barak Libai 6 A historical view of marketing The product
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Literature Review: Introduction: I have chosen this topic because I believe that it is important for the service marketers to understand the power of customer relationship management (CRM)‚ especially for delivering customized services and building loyalty. Being a marketing student encouraged me even more to study this topic while identifying the failures of CRM implementation in the services industry. Definition: First and foremost‚ what is service marketing? By understanding the word service
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TYPES OF CUSTOMERS 1. MINOR: A minor is a person below 18years of age.Minority is also extended till 21 years if a guardian is appointed by the court in case he is not having a parent.If a minor girl is married then her husband will be her guardian.According to Hindu law ‚if a person is practicing some spiritual work ‚then he cannot act as a guardian.According to Indian contract act 1872 a minor cannot enter into contract.Joint Account can be opened by two minors together . In-case
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