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Introducing Social Media Master Class
Social Media Master Class is a Webinar series about Marketing and Social Media available for you on "The Campus" & performed by Aly Cook / Aly Cook Marketing & PHMC GPE LLC
Social Media Master Class is a Webinar series about Marketing and Social Media available for you on "The Campus" & performed by Aly Cook / Aly Cook Marketing & PHMC GPE LLC
The purpose of this article is to detail customer value & customer relationship value thinking .
Customer relationship value, is more customer life-time value and customer value is more or less yearly or budgeted value for the customer. We are trying to figure out for example the profitability of the customer this year.
First of all, we have to think what different dimensions determine relationship value. What are the dimensions of customer relationship value in your business. Dimensions are business and industry specific although there are few similar dimensions in all businesses.
As a marketer, you need to ensure that your business is where your customers are. So if your customers have gone mobile, then the mobile device is clearly the place to be.
“There is no ignoring the fact that mobile is where your customers are,” says Keith Jopling, SVP at KAE. “A study by eMarketer estimates there will be 34.6 million smartphone users in the UK by 2014; that represents 53.7% of the population – not really a figure you would want to overlook.”