Journal of Marketing Management · 2008 · 27 citations · 0 references
BusinessMarketingMarketing ManagementMarketing AnalyticsMarketing StrategyServices MarketingCustomer Lifetime ValueCustomer Value ManagementEquity ValuationProfitability AnalysisValuation AnalysisValuation ModelingCustomer Lifetime Value EstimationCustomer Lifetime Value MeasurementCustomer Value Measurement
Abstract Within the previous two decades there has been an intensification of marketing activity from which there has emerged a series of concepts relating to customer profitability and value. These developments have led to the establishment of a series of techniques regarding customer valuation and can be separated into three distinct categories: customer profitability calculations; customer lifetime value; and customer equity. This paper seeks to clarify and discuss the theoretical influences upon these categories, whilst also presenting some implications for the future development of customer valuation metrics. Keywords: CUSTOMER VALUATIONDEVELOPMENTTHEORETICAL INFLUENCES