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Customer Acquisition Promotions and Customer Asset Value

Lewis, Michael - ;

In this article, the author addresses the question of how a firm's acquisition efforts influence the composition of the customer portfolio. The first part of the research is a conceptual model that illustrates how customer uncertainty provides an explanation for why promotionally acquired customers have lower repurchase rates and smaller lifetime values. The second part of the research involves empirical analyses of customer-level data from a newspaper and an online grocer. In both data sets, acquisition discount depth is negatively related to repeat-buying rates and customer asset value. For example, a 35% acquisition discount results in customers with about one-half the long-term value of non-promotionally acquired customers.


Ketersediaan

Call NumberLocationAvailable
JM4306PSB lt.dasar - Pascasarjana1
PenerbitChicago: American Marketing Association 2006
EdisiVol. 43, No. 2 (May, 2006), pp. 195-203
SubjekMarketing strategy
Customer Retention
Customer Acquisition
Marketing ROI
Customer Asset Value
ISBN/ISSN0022-2437
KlasifikasiNONE
Deskripsi Fisik9 p.
Info Detail SpesifikJournal of Marketing
Other Version/RelatedTidak tersedia versi lain
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  • Customer Acquisition Promotions and Customer Asset Value

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