Make customer more or less profitable to business

Assignment Help Operation Management
Reference no: EM132090113

Customer Profitability is an important measure that can be used to determine which customers to aim marketing materials towards. Of course, profitability is not a one-to-one relationship. That is, customer profitability is not based solely on the total number of things someone purchases. What are some of the other factors that may make a customer more or less profitable to a business?

Reference no: EM132090113

Questions Cloud

Important variable in macroeconomics : 1) Why is consumer spending an important variable in macroeconomics?
The requirement of consideration in contract law : Explain the principle of promissory estoppel and how it relates to the requirement of consideration in contract law.
Determine the optimal strategy for vitamix : Vitamix has to determine whether they want to market the product. Determine the optimal strategy for Vitamix. Also find EVSI and EVPI.
Ethical philosophical systems of teleology and deontology : Please research the ethical philosophical systems of teleology and deontology.
Make customer more or less profitable to business : What are some of the other factors that may make a customer more or less profitable to a business?
Investors check how their portfolios : Investors check how their portfolios are doing more frequently when markets are going up than when markets are going down.
Industry must face to gain or maintain competitive advantage : What's the most important factors the industry must face to gain or maintain competitive advantage based off post below?
What are ways that the ebay-craigslist platform : What are ways that the ebay/craigslist platform can reduce adverse selection or moral hazard problems?
What is the total relevant cost of making special order : ACC512 - Management Accounting for Costs & Control - explain any potential problems that should be avoided when conducting a relevant cost analysis

Reviews

Write a Review

Operation Management Questions & Answers

  What is the upside for michelle foster if ncy succeeds

What is the upside for Michelle Foster if NCY succeeds? What are the professional risks she faces? (New venture creation capter7 Preparation questions)

  The disadvantages for matrix project

Which of the following is one of the disadvantages for matrix project?

  Manufacturer uses a kanban system to control material flow

An electronic manufacturer uses a kanban system to control material flow. The parts produced are transported five at a time.

  What was their contribution to change in their organization

What was their contribution to change in their organization? How did they go about implementing the change?

  Crisis with organizations is something that is inevitable

A crisis with many organizations is something that is inevitable.

  A retail outlet has its own production facility

A retail outlet has its own production facility for producing denim cloth. The ordering cost ($150) is the cost of setting up the production process to make the denim cloth. The carrying cost is $0.75 per yard and the demand is 10,000 yards per ye..

  What the bank should do to maximize expected profits

A customer has approached a bank for a $50K one year loan at 12% annual interest. If the bank does not approve the loan, the $50k will be invested in bonds that earn a %6 annual return. Without further info, the bank feels that there is a %4 chance t..

  What is the planning function in direct marketing

What is The Planning Function in Direct Marketing? you were the corporate HIM director for Western Healthcare System,

  Does more data always equal better insight

Does more data always equal better insight? A happy employee is a productive employee. Discuss this statement.

  Does portfolio management in projects apply to product

Does portfolio management in projects apply to product and service selection and design? If so, how? If not, why?

  Which of the four components of authentic leadership

From a personal perspective, which of the four components of authentic leadership do you feel is the most challenging to develop?

  Discuss these techniques

Discuss these techniques. Are they temporary or permanent? Also, discuss at least two ways in which the development of coastal areas contributes to shoreline erosion?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd