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Leveraging Customer Lifetime Value to Increase Return on Marketing Investment (ROMI)s

By : Customer Chemistry Customer Chemistry

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  Published : Sep 20, 2006 
  Length : 10 
  Type : White Paper 
   
 
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  Overview :
 

As “one-to-one marketing” begins to permeate mainstream business practices, organizations in highly competitive and saturated markets struggle to gain an advantage over one another.

As part of the ongoing effort to differentiate products and services, best-in-breed organizations are now using a tool called Customer Lifetime Value (CLV). CLV is “a marketing metric that projects the value of a customer over the entire history of that customer's relationship with a company.”

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Customer Interaction Service , Customer Service , Sales & Marketing Software , Sales Automation
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