• Title/Summary/Keyword: CLV

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Customer Equity Drivers and CLV of the Department Stores in Seoul

  • Kim, Hyun-Sook;Min, Ji-Young;Lee, Yu-Ri
    • International Journal of Costume and Fashion
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    • v.10 no.2
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    • pp.73-88
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    • 2010
  • Study aims to identify customer equity drivers and their relative importance, to represent customer lifetime value (CLV) distribution, and to investigate the effect of customer equity drivers and demographics on CLV when shopping apparels at the four big department stores in Seoul. Recently, Korean department stores marked significant decrease in sales volume and it calls for more focus on customer orientation. Customer equity is a managerial concept which considers customers as a valuable asset for business success. Sustainable competitive advantage is attainable when customer equity drivers and CLV are measured, managed and enhanced. results identified four dimensions of customer equity drivers such as 'retail brand equity: 'relationship equity', 'retail service equity', and 'price value equity'. Among them, 'relationship equity' was proved to be the most influencing factor on the customer's store patronage intention. The CLV distribution represented unique characteristics of each department store. The level of CLV depended on such demographics as age and income. Marital status influenced the relationship between perceived customer equity drivers and CLV. It also analyzed competitive structure of the four big department stores in Seoul and offered managerial suggestions. This study provided conceptual framework for the future study of customer equity related to apparel shopping at the department stores as well as managerial implications.

고객생애가치 분석모델 개발에 대한 연구

  • Gang, Hyeon-Cheol;Han, Sang-Tae;Sin, Hye-Rim
    • Proceedings of the Korean Statistical Society Conference
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    • 2002.11a
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    • pp.259-263
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    • 2002
  • CLV(Customer Lifetime Value; 고객생애가치)는 한 고객이 기업의 고객으로 존재하는 전체 기간동안 그 기업에게 제공할 것으로 추정되는 잠재적인 수익의 합계로 정의할 수 있으며, CRM(Customer Relationship Management)이 기업의 경쟁력 강화를 위한 핵심 수단으로 등장하면서 고객가치에 대한 측정 및 분석의 필요성이 증가하고 있다. 본 연구에서는 CLV를 측정하기 위해서 제안된 여러 모형들을 소개, 비교하고 몇 가지 측면에서 기존 모형들의 단점을 보안할 수 있는 모형들을 제안하고자 한다.

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A Simulation Study on Dispatching Rule Using Customer Clustering Method (고객 클러스터링 기법을 활용한 할당규칙의 시뮬레이션 연구)

  • Yang, Kwang-Mo;Park, Jae-Hyun;Kang, Kyong-Sik
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.29 no.1
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    • pp.26-33
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    • 2006
  • The potential needs as well as visible needs of customer should be considered in order to research and analyze of the customer data. The methods to analyze customer data is classified into customer segmentation, clustering analysis model, forecasting customer response probability model, analysis of the customer break rate model and new customer analysis model by the purpose. In this study, we developed the CW-CLV (Correlation Weight Customer Lifetime Value)method that used AHP(Analytic Hierarchy Process)rule for enhance the reliability of customer data and quantitative analysis of the customer segmentation, based on CLV(Customer Lifetime Value). We suggest to new variables and methodology from determined CW-CLV coefficients, because all of companies respect to the diversified customers classification and complexity of consumers needs. Finally, we unfolded any company's scheduling added new methodology using simulation and leaded conclusion about the new methodology.

- Development of Composite Dispatching Rule Using CLV - (CLV를 활용한 혼합할당 규칙 개발)

  • Yang Kwang-Mo;Choi Sung-Hee;Park Jae Hyun;Kang Kyong Sik
    • Proceedings of the Safety Management and Science Conference
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    • 2004.11a
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    • pp.205-211
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    • 2004
  • 본 연구에서는 반도체 업체인 M사의 공정을 조사하고 현재 M사의 일정계획 순서와 기존에 연구되었던 일정계획 방법에 대한 결과를 조사한 후 CLV 알고리즘을 적용한 일정계획 기법을 시뮬레이션을 통해 비교 분석하고 알고리즘에 대한 타당성을 검증하고자 한다. CLV 알고리즘을 통한 고객 분류에 의해서 ATP rule을 적용한다면 생산 공정상의 일정계획이 조정되어 고객이 원하는 납기 준수를 달성할 수 있을 것이다. 또한 기존 연구와의 비교 분석을 위하여 시뮬레이션의 수행은 기존 연구 수행일과 동일한 시간(2003년 11월$\sim$12월)을 기준으로 수행하였다.

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A New ColE1-like Plasmid Group Revealed by Comparative Analysis of the Replication Proficient Fragments of Vibrionaceae Plasmids

  • Pan, Li;Leung, P.C.;Gu, Ji-Dong
    • Journal of Microbiology and Biotechnology
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    • v.20 no.8
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    • pp.1163-1178
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    • 2010
  • Plasmids play important roles in horizontal gene transfer among Vibrionaceae, but surprisingly little is known about their replication and incompatibility systems. In this study, we successfully developed a bioinformatics-assisted strategy of experimental identification of seven Vibrio plasmid replicons. Comparative sequences analysis of the seven Vibrio plasmid replicons obtained in this study together with eight published Vibrionaceae plasmid sequences revealed replication-participating elements involved in the ColE1 mode of replication initiation and regulation. Like plasmid ColE1, these Vibrionaceae plasmids encode two RNA species (the primer RNA and the antisense RNA) for replication initiation and regulation, and as a result, the 15 Vibrionaceae plasmids were designated as ColE1-like Vibrionaceae (CLV) plasmids. Two subgroups were obtained for the 15 CLV plasmids, based on comparison of replicon organization and phylogenetic analysis of replication regions. Coexistence of CLV plasmids were demonstrated by direct sequencing analysis and Southern hybridization, strongly suggesting that the incompatibility of CLV plasmids is determined mainly by the RNA I species like the ColE1-like plasmids. Sequences resembling the conserved Xer recombination sites were also identified on the CLV plasmids, indicating that the CLV plasmids probably use the host site-specific recombination system for multimer resolution like that used by ColE1-like plasmids. All the results indicated that the 15 plasmids form a new ColE1-like group, providing a basis for the rapid characterization and classification of Vibrionaceae plasmids.

Risk Factors of Extubation Failure and Analysis of Cuff Leak Test as a Predictor for Postextubation Stridor (발관 실패의 위험 인자 및 발관 후 천음과 재삽관의 예측에 있어 Cuff Leak Test 의 유용성과 의미 분석)

  • Lim, Seong Yong;Suh, Gee Young;Kyung, Sun Yong;An, Chang Hyeok;Park, Jung Woong;Lee, Sang Pyo;Jeong, Sung Hwan;Ham, Hyoung Suk;Ahn, Young Mee;Lim, Si Young;Koh, Won Jung;Chung, Man Pyo;Kim, Ho Joong;Kwon, O Jung
    • Tuberculosis and Respiratory Diseases
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    • v.61 no.1
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    • pp.34-40
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    • 2006
  • Background: Extubation failure was associated with poor prognosis and high hospital mortality. Cuff leak test (CLT) has been proposed as a relatively simple method for detecting laryngeal obstruction that predispose toward postextubation stridor (PES) and reintubation. We examined the risk factors of extubation failure and evaluated the usefulness and limitation of CLT for predicting PES and reintubation. Methods: Thirty-four consecutive patients intubated more than 24 hours were examined. The subjects were evaluated daily for extubation readiness, and CLT was performed prior to extubation. Several parameters in the extubation success and failure group were compared. The accuracy and limitation of CLT were evaluated after choosing the thresholds values of the cuff leak volume (CLV) and percentage (CLP). Results: Of the 34 patients studied, 6 (17.6%) developed extubation failure and 3 (8.8%) were accompanied by PES. The patients who had extubation failure were more likely to have a longer duration of intubation and more severe illness. The patients who developed PES had a smaller cuff leak than the others: according to the CLV ($22.5{\pm}23.8$ vs $233.3{\pm}147.1ml$, p=0.020) or CLP ($6.2{\pm}7.3$ vs $44.3{\pm}24.7%$, p=0.013). The best cut off values for the CLV and CLP were 50ml and 14.7%, respectively. The sensitivity, negative predictive value, and specificity of CLT were relatively high, but the positive predictive value was low. Conclusion: The likelihood of developing extubation failure increases with increasing severity of illness and duration of intubation. A low CLV or CLP (<50ml or 14.7%) is useful in identifying patients at risk of PES, but the CLT is not an absolute predictor and should not be used an indicator for delaying extubation.

Classifications of Ecological Districts for Estuarine Ecosystem Restoration; Examples of Goseong Bay Estuaries, South sea, Korea (하구 생태 복원을 위한 생태구역 구분; 남해 고성만 고성천 인근 하구의 예)

  • An, Soon-Mo;Lee, Sang-Yong;Choi, Jae-Ung
    • The Sea:JOURNAL OF THE KOREAN SOCIETY OF OCEANOGRAPHY
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    • v.16 no.2
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    • pp.70-80
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    • 2011
  • Estuarine ecosystem responds sensitively to natural and anthropogenic perturbations. lt is necessary to identify the direction of the change when the perturbation occurs as well as to understand the structure and functioning of estuarine ecosystem for a proper management of the area. In this study, the estuarine habitats were classified into different ecological districts so as to the switch from one district to another district could be related to the environmental change due to the perturbations. Total 16 ecological districts was defined according to the presence of barrage, salinity and vegetation characteristics. The defined ecological districts were applied to small estuaries in Goseong bay, south sea of Korea (Baedun, Guman, Maam, Goseong) to distinguish different regions which might have characteristic bottom topography, inclinations of river bottom, sediment characteristics, salinity structure and area of vegetation. Total 7 out of 16 ecological district was identified in this region; NFB (natural, fresh, bare), NHB (natural, high salinity, bare), NLV (natural, low salinity, vegetated) in natural (without barrage) estuaries and CFB (closed, fresh, bare), CFV( closed, fresh vegetated), CLV (closed, low salinity, vegetated), CHB (closed, high salinity, bare) in closed (with barrage) estuary. A comparison of environmental factors and biota between CHB and CLV demonstrated the effect of barrage on estuarine ecosystem. The height and sediment characteristics of CHB and CLV were similar but the average salinity was lower in CLV than in CHB due to the barrage, which produced favorable condition for the Phragmites australis in CLV. Information regarding the ecological districts in various sizes and location could be useful for predicting the ecosystem change due to natural and anthropogenic perturbations and for preparing management actions.

A CLV (Customer Lifetime Value) model in the wireless telecommunication industry

  • Hyunseok Hwang;Kim, Suyeon;Euiho Suh
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.11a
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    • pp.187-190
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    • 2003
  • Since the early 1980s, the concept of relationship management in marketing area has gained its importance. Acquiring and retaining the most profitable customers are serious concerns of a company to perform more targeted marketing campaigns. For effective CRM (Customer Relationship Management), it is important to gather information on customer value. Many researches have been performed to calculate customer value based on CLV (Customer Lifetime Value). It, however, has some limitations. It is difficult to consider the churn of customers, because the previous prediction models have focused mainly on expected future cash flow derived from customers'past profit contribution. In this paper we suggest a CLV model considering past profit contribution, potential benefit, and churn probability of a customer. We also cover a framework for analyzing customer value and segmenting customers based on their value. Customer value is classified into three categories: current value, potential value and customer loyalty. Customers are segmented according to the three categories of customer value. A case study on calculating customer value of a wireless communication company will be illustrated.

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A New Track-following Control Method Using Disturbance Observer with the Freedom of Gain and Frequency Adaptation (이득의 자유도와 주파수 적응성을 가진 외란 관측기를 사용한 새로운 트랙 추종 제어 기법)

  • Jung, Woo-Min;Kim, Eun-Tai
    • Proceedings of the KIEE Conference
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    • 2006.10c
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    • pp.360-362
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    • 2006
  • This paper proposes a new track-following control method using disturbance observer with the freedom of gain and frequency adaptation in optical disk drive system. Recent ODDs use smaller track pits, higher rotation speed and broader rotational speed variations to increase the data capacity and data transfer rate. This cause the degradation of track-following performance by increasing the disturbance of the rotary system. In this paper, we discussed on a DOB structure that efficiently attenuate the disturbance without effecting the overall feedback loop characteristics on CLV type ODD which uses a higher and broader range of rotational speed. DOB structure uses two band pass filter. We analyzed the track-following performance sensitivity on rotational frequency variance and gain changes. This analysis is done on a computer simulation environment and actual ODD product.

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The Redemption Behavior of Loyalty Points and Customer Lifetime Value (로열티 포인트 사용행동과 고객생애가치(Customer Lifetime Value) 분석)

  • Park, Dae-Yun;Yoo, Shijin
    • Journal of the Korean Operations Research and Management Science Society
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    • v.39 no.3
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    • pp.63-82
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    • 2014
  • The main objective of this research is to investigate whether the RFM (recency-frequency-monetary value) information of a customer's redemption behavior of loyalty points can improve the prediction of future value of the customer. The conventional measurement of customer value has been primarily based on purchase transactions behavior although a customer's future behavior can be also influenced by other interactions between the customer and the firm such as redemption of rewards in a loyalty program. We theorize why a customer's redemption behavior can influence her future purchases and thereby the customer's total value based on operant learning theory, goal gradient hypothesis, and lock-in effect. Using a dataset from a major book store in Korea spanning three years between 2008 and 2010, we analyze both purchase transactions and redemption records of over 10,000 customers. The results show that the redemption-based RFM information does improve the prediction accuracy of the customer's future purchases. Based on this result, we also propose an improved estimate of customer lifetime value (CLV) by combining purchase transactions and loyalty points redemption data. Managerial implications will be also discussed for firms managing loyalty programs to maximize the total value customers.