Valuing Customer Engagement

Strategies to Measure and Maximize Profitability
2. Auflage 2025
ISBN: 978-3-031-43295-8
Verlag: Palgrave Macmillan

Buch, Englisch, Format (B × H): 155 mm x 235 mm

Reihe: Palgrave Executive Essentials

In recent years, the concept of customer engagement has evolved as a powerful tool in the managerial toolkit of firms to incorporate a profitable approach to customer management. There is a pressing need for an authoritative book that communicates the fundamentals of profitable customer engagement by proposing a customer engagement value framework. This book, Valuing Customer Engagement, is first of its kind on customer engagement that outlines the theory and methods of engaging customers profitably in business-to-consumer and business-to-business settings.Written by world-renowned scholar and thought leader V. Kumar, this seminal work book explains the definitions of the metrics within the CEV framework and analyzes ways to measure and maximize these metrics that can help in engaging customers profitably. Dr. Kumar also reveals the interrelationships between these metrics, i.e. how each metric impacts the other, with examples from all over the world.This updated edition introduces of Customer Valuation Theory as a way of quantifying direct and indirect engagement value while presenting newer applications and case studies. With practical examples of companies that have benefited by implementing these strategies, this guide is a must have for business executives who want to maximize companies profitability as well as students wanting to learn how to engage customers and build loyalty.

Zielgruppe

Popular/general

Autoren/Hrsg.

Kumar, V.

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Bereichsspezifisches Management Kundenbeziehungsmanagement, Kundenpflege
• Wirtschaftswissenschaften Betriebswirtschaft Bereichsspezifisches Management Marketing

Inhaltsverzeichnis

1.Overview of Customer Engagement.- 2. Customer Valuation Theory.- 3. Customer Engagement Value.- 4. Brand: “What Do You Think of Me?”.- 5. How Much are your Customers Worth?.- 6. When Brand Value Meets Customer Value.- 7. What’s the Word Out There?.- 8. Hey, Have You Heard About This?.- 9. We Need Your Help!.- 10. Engaging with Customers in a Multi-dimensional World

Über Autor(innen)

V. Kumar (VK) is a Professor of Marketing at St. John’s University, USA. He has taught in the MBA Programs in several countries, including Australia, France, India, Spain, Holland, and Hong Kong. Dr. Kumar has received four lifetime contribution awards from the American Marketing Association for advancing the theory and practice of marketing strategy, theory and practice of marketing research, retailing, and B2B marketing.