1.

Record Nr.

UNINA9910770277203321

Autore

Bendle Neil T.

Titolo

The customer asset : understanding and managing its value / / Neil Bendle, Shane Wang

Pubbl/distr/stampa

Cham : , : Palgrave Macmillan, , [2023]

©2023

ISBN

9783031474217

9783031474200

Edizione

[1st ed.]

Descrizione fisica

1 online resource (xiii, 149 pages) : illustrations

Collana

Palgrave Studies in Marketing, Organizations and Society Series, , 2661-8621

Disciplina

658.812

Soggetti

Customer relations

Business enterprises - Finance

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

1. Introduction: What is the Value of Your Customers? -- 2.The VARIED Tasks of the Customer Asset -- 3.The Customer Asset Approach -- 4. Who Is The Customer Assets Approach For? -- 5. Applying the Customer Asset -- 6.Communication about the Customer Asset -- 7.Conclusion -- 8. References.

Sommario/riassunto

"This book delves into the concept of customers as financial assets, explaining how firms can assess investments in customer relationships. The authors present the VARIED framework for quantifying the customer asset, enabling marketers to devise strategies that enhance its value. Crucially, these strategies' advantages can be communicated in financial terms to non-marketers, instilling accountability in marketing and augmenting firm value through well-informed investment decisions. This methodology offers a practical avenue to enact the strategic concept of customer centricity. It will resonate with marketers, accountants, and all managers eager to demonstrate customers' financial worth to the organization."--