Jumat, 02 September 2016

Ebook Return on Customer: Creating Maximum Value From Your Scarcest Resource, by Don Peppers

Ebook Return on Customer: Creating Maximum Value From Your Scarcest Resource, by Don Peppers

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Return on Customer: Creating Maximum Value From Your Scarcest Resource, by Don Peppers

Return on Customer: Creating Maximum Value From Your Scarcest Resource, by Don Peppers


Return on Customer: Creating Maximum Value From Your Scarcest Resource, by Don Peppers


Ebook Return on Customer: Creating Maximum Value From Your Scarcest Resource, by Don Peppers

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Return on Customer: Creating Maximum Value From Your Scarcest Resource, by Don Peppers

Review

“Finally – a business metric that can drive better management and higher stock price. I predict soon you’ll be hard pressed to find a company that isn’t tracking ROC.” —Larry Kudlow, co-host of CNBC’s “Kudlow & Cramer”“Books like this come only once a decade – a conceptual breakthrough that makes instant sense, combined with the toolkit to apply it well. Stunning insight.” —Scott Cook, founder of Intuit

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From the Inside Flap

Virtually everyone agrees that a company's most important asset is the value of its customer base. Yet the value of this vital asset is routinely ignored in managers' day-to-day, quarter-by-quarter planning. RETURN ON CUSTOMER is the first book to focus on assessing and tracking customer equity, the lifetime value of a firm's current and future customers, and taking specific actions in every facet of the company to increase that equity. First, Peppers and Rogers reveal the critical importance of measuring customers' long-term profitability, productivity, and loyalty. In a powerful blend of theory and practice, the authors use their years of consulting expertise with many of the world's leading companies to identify the specific products, add-ons, and services that will best increase the size and value of their customer base. They look at popular marketing techniques--such as the relentless use of telemarketing--and weigh their effectiveness in maximizing, or hindering, return on customer. Finally, they guide managers through the specific strategies that will help to conserve and replenish customer value, from marketing and sales to research and development, distribution, technology investment, and more. As revolutionary as Peppers and Rogers' pioneering bestseller The One to One Future, RETURN ON CUSTOMER offers a dramatic new way to make customer retention and value part of a company's core competitive advantage.

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Product details

Hardcover: 304 pages

Publisher: Crown Business (June 21, 2005)

Language: English

ISBN-10: 0385510306

ISBN-13: 978-0385510301

Product Dimensions:

6.3 x 1 x 9.4 inches

Shipping Weight: 1.2 pounds (View shipping rates and policies)

Average Customer Review:

3.2 out of 5 stars

14 customer reviews

Amazon Best Sellers Rank:

#1,004,918 in Books (See Top 100 in Books)

This book is based on a good concept but is a little difficult to read. I would have appreciated a book with a broader perspective. This book seems to be targeted to MBA and Fortune 100 types.

While the authors were pioneering with 1-1 marketing back in the 1990s, they do not seem to have progressed much beyond that. They simply have added LTV concepts readily found in numerous business articles and publications. In addition, the book seems heavily weighted to retail examples.

This shall be an interesting short article not a book. Too much padding. Any high school grad can easily summarize it in a one single A4 page. Disappointing since written by serious people.Managing Your Customers as Investments, an Amazon book by GUPTA and LEHMAN is uncomparably better.

There's so much written out there about customer loyalty, and so much of it is the same song n' dance. Fact is, so few of the loyalty gurus go to the place of bridging the vision and the tactics. Don and Martha have taken the tried-and-true tenets of customer value and customer loyalty and wrapped some measures around them so that executives, shareholders, and board members can begin understanding--and measuring--the value of their customer assets.As with their other works, the authors offer a mixture of new ideas and real-world examples to bring their concepts home. The complexity of the work and thought required to understand not only customer interactions and behaviors, but there intentions, is explained via a clear and powerful framework that transcends marketing and advertising, and goes straight to the bottom line. I appreciated the book's organization, and the comprehensive end-notes were a nice annotation and background to the authors' thought processes and research.Another successful work by two pioneers who will continue to propel customer focus forward!

There is a wide-spread school of thought that believes business decisions should be evaluated on their long-term impact. Yet too many decisions are actually driven by short-term results like revenue targets or quarterly earnings. Despite knowing better, it seems that short-term metrics always outweigh long-term benefits in business decisions - sometimes to the detriment of the business (as in cases like Enron).Don and Martha's book make an important contribution to the business world by raising the awareness of too much short-sighted decision making and their potentially negative consequences. The core idea of looking at "Return on Customer" (ROC) is compelling and easy to understand.Many related ideas and concepts have been developed over the last 20 years - including customer life-time value, the loyalty effect, etc. - yet the practical applications of these ideas in the day-to-day business world are limited. The ROC book takes many of these ideas and integrates them into a single framework, bringing us one step closer to having a simple, widely accepted approach for putting all of these ideas into practice. If nothing else, it offers one solution and challenges us to continue to work on developing the tools and methodologies that can be put into practice to balance short-term and long-term consequences of our business decisions today."Return on Customer" is a very readable book. It provides a compelling case for seeking ways to integrate a "life-time" perspective into how we evaluate business decisions and the managers that make those decisions. It offers many examples - yes, some of them may be redundant or less relevant to some readers - but they make the ideas more than a mere theoretical construct. ROC is not rocket science, but then again, how many of us would seriously contemplate ROC if it were rocket science. Instead, let's hope that the book appeals to a broad group of normal business people - stock analysts and business executives alike - and that it motivates us to continue to refine the tools and seek ways to put into practice processes and metrics that will drive better decision making for the long-term.

Except the very equation of ROC which is a natural extension of ROI, and chapter 12 on data privacy issue that are quite unique in themselves, it is by far the worst book of its kind I had read within the last 30 days, amongst them "Technology and Customer Service" by Paul Timm, "Customer Share Marketing" by Tom Osenton, "The Dollarization Discipline" by Jeffery Fox, "Loyalty Rules" by Frederick Reichheld and "The Customer Loyalty Solution" by Arthur Hughes. I quoted those names not to boast anything, but to express my strong disappointment and frustration against this book or the authors, that I really feel being cheated of my valuable time and price of the book. I sincerely recommend you to look for something much better, which is so easy to find, if you truly want to learn CRM.

ROC - What a concept! I worked for a leading (#2) electronics retailer for more years than I care to discuss. As a corporate employee, I saw mistake after mistake but it wasn't until I read Return on Customer that it all became obvious what was going wrong. The company was focused on short term gains to please the stockholders rather than cultivating customers.All business decision-makers need to read this book! Peppers clearly articulates what is wrong with many of today's companies and he shows how business people can focus on their customers to increase shareholder wealth.Peppers describes how telemarketing efforts (something consumers unilaterally hate) may look like they increase current sales; and therefore, produce a hefty ROI. What businesses do not see is that these campaigns actually lose customers for them over the long run, thus decreasing shareholder value.As you read this book, you can easily recognize the companies you deal with that are customer-focused and those that are not. You may think the concept is obvious - but then why isn't everyone doing it? By measuring Return On Customer, you create loyal customers who then evangelize your company - the best kind of marketing!Corporate execs and business owners, you need to read this book!

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Return on Customer: Creating Maximum Value From Your Scarcest Resource, by Don Peppers PDF

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Return on Customer: Creating Maximum Value From Your Scarcest Resource, by Don Peppers PDF
Return on Customer: Creating Maximum Value From Your Scarcest Resource, by Don Peppers PDF

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