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Estimating Customer Value under B2B Environment Using Description and Prediction Models  

박찬주 (명지대학교 산업시스템공학부)
박윤선 (명지대학교 산업시스템공학부)
주상호 (명지대학교 경영학과)
유우연 (삼성SDS)
Publication Information
Korean Management Science Review / v.20, no.2, 2003 , pp. 135-149 More about this Journal
Abstract
Developing a proper program for customer evaluation is one of the most imminent tasks to implement CRM (Customer Relationship Management). Design of the Customer Value model is an important key to the customer evaluation progrgm. This paper proposes two models for estimating Customer Value. The first one is a Description Model for Customer Value based on customer CSI (Customer Satisfaction Index) data. This model represents as quantitative numbers what customers feel from the company or the service. The second one is a Prediction Model which employs factor analysis and regression to predict customer value. This paper exploits the two models to evaluate Customer Value as well as for customer behavior prediction.
Keywords
CRM; Customer Value; Estimation of Customer Lifetime Value;
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