Professional Documents
Culture Documents
Consumer Research
Behavioral Economics Consumer Protection Consumer Psychology Consumer Research Consumer Surveys Mail Surveys Telephone Surveys
Sample Citations
Aggarwal, P. (2009). Using relationship norms to understand consumer-brand interactions. In D. J. MacInnis, C. W. Park, & J. R. Priester (Eds.), Handbook of brand relationships (pp. 24-42). Armonk, NY: M E Sharpe. Albrecht, M. M. (2009). Fake plastic trees: Authenticity in contemporary popular media culture (Doctoral dissertation). Retrieved from PsycINFO. (AAI3340232) Applegate, E., & Hollifield, C. A. (2009). The economic impact of advertising: Whats the controversy? In C. J. Pardun (Ed), Advertising and society: Controversies and consequences (pp. 6-18). UK: Wiley-Blackwell. Boush, D. M., Friestad, M., & Wright, P. (2009). Deception in the marketplace: The psychology of deceptive persuasion and consumer self-protection. New York, NY: Routledge/Taylor & Francis Group. Denham, B. E. (2009). Youth sports participation and attitudes toward societal competition, concern for material items, and the consequences of manipulative advertising. Youth & Society, 41, 124-147. doi:10.1177/0044118X08327517 Grizzle, J. W., Zablah, A. R., Brown, T. J., Mowen, J. C., & Lee, J. M. (2009). Employee customer orientation in context: How the environment moderates the influence of customer orientation on performance outcomes. Journal of Applied Psychology, 94, 1227-1242. doi:10.1037/a0016404 Grunert, K. G., Juhl, H. J., Esbjerg, L., Jensen, B. B., Bech-Larsen, T., Bruns, K., & Madsen, C. . (2009). Comparing methods for measuring consumer willingness to pay for a basic and an improved ready made soup product. Food Quality and Preference, 20, 607-619. doi:10.1016/ j.foodqual.2009.07.006 Kleijnen, M., Lievens, A., de Ruyter, K., & Wetzels, M. (2009). Knowledge creation through mobile social networks and its impact on intentions to use innovative mobile services. Journal of Service Research, 12, 15-35. doi: 10.1177/1094670509333238 Liu, Y., & Jang, S. (Shawn) (2009). Perceptions of Chinese restaurants in the U.S.: What affects customer satisfaction and behavioral intentions? International Journal of Hospitality Management, 28, 338-348. doi:10.1016/j.ijhm.2008.10.008 Rothman, S. M., & Rothman, D. J. (2009). Marketing HPV vaccine: Implications for adolescent health and medical professionalism. JAMA: Journal of the American Medical Association, 302, 781786. doi:10.1001/jama.2009.1179 Soh, H., Reid, L. N., & Whitehill King, K. (2009). Measuring trust in advertising: Development and validation of the ADTRUST Scale. Journal of Advertising, 38, 83-103. doi:10.2753/JOA00913367380206 Vzquez-Casielles, R., Surez-lvarez, L., & Del Ro-Lanza, A. B. (2009). Customer satisfaction and switching barriers: Effects on repurchase intentions, positive recommendations, and price tolerance. Journal of Applied Social Psychology, 39, 2275-2302. doi:10.1111/j.15591816.2009.00526.x
PsycINFO
American Psychological Association 750 First Street, NE Washington, DC 20002-4242 1-800-374-2722 1-202-336-5650 www.apa.org/pubs/databases/
PsycINFO
Sample Record
Unique Identifier Title
2009-12143-005 Managing dynamics in a customer portfolio. Sep 2009 English Homburg, Christian ; Steiner, Viviana V. ; Totzek, Dirk Homburg, Christian: homburg@bwl.unimannheim. de; Steiner, Viviana V.: viviana.steiner@evonik.com; Totzek, Dirk: dtotzek@bwl.uni-mannheim.de Christian Homburg, homburg@bwl.unimannheim.de Homburg, Christian Department of Marketing, University of Mannheim, Germany Steiner, Viviana V. Evonik Industries, Germany Totzek, Dirk Department of Marketing, University of Mannheim, Germany Journal of Marketing. Vol 73(5), Sep 2009, 70-89. 0022-2429 (Print) US: American Marketing Association Electronic; Print Electronic dynamics of a customers position in the portfolio exist? As a tool for customer portfolio analysis, the authors develop a segment-based customer-lifetimevalue model. They capture customer dynamics by analyzing how customers switch between segments of different values across time. The authors apply their tool with longitudinal data from four firms with up to 300,000 customers. The results from the empirical analysis and a simulation study provide answers to the three key issues raised. First, compared with a dynamic analysis, a static approach overestimates the value of some customer segments but underestimates others. Second, a defensive versus offensive management of value dynamics is relatively more appropriate for middle-tier segments, whereas the opposite holds true for bottom-tier segments. Third, general customer characteristics and aggregated transaction characteristics indicate future segment dynamics, whereas specific product usage data differentiate customers according to current value. (PsycINFO Database Record (c) 2009 APA, all rights reserved)
Keywords
Source ISSN
customer portfolio management; marketing practice; customer behavior; customer relationship management *Consumer Behavior; *Customer Relationship Management; *Marketing
Index Terms
Publisher
Age Group
Adulthood (18 yrs & older) Empirical Study; Longitudinal Study; Quantitative Study
Methodology
Copyright
Although highly relevant for marketing practice, few studies provide conceptual and empirical insights into customer portfolio management. Furthermore, most approaches to analyzing customer portfolios are static. This article discusses three neglected key issues relevant for a dynamic customer portfolio analysis: (1) Does a static versus a dynamic valuation lead to a different prioritization of customer segments in a portfolio? (2) How does offensive or defensive management of segment dynamics affect portfolio value? and (3) Do reliable predictors for
Release Date
February 2010