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The Research of Customer Value Management for Cosmetics Retailers
Author: XiaoHui
Tutor: ZhouJieRu
School: Shanghai Jiaotong University
Course: Business Administration
Keywords: Cosmetic Sephora Customer Value Management Customer Lifetime Value
CLC: F416.72
Type: Master's thesis
Year: 2008
Downloads: 125
Quote: 0
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Abstract
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With the fierce competition in the market for cosmetics retail industry gradually intensifying , cosmetics retail business according to customer demand to create value , how to attract new customers and retain current customers , corporate decision makers have to think about the problem and a major challenge . Sephora main object of study , its customer value analysis , and as the basis of customer segmentation , this study has some practical significance in the cosmetics retail enterprise customer value . The paper first introduces the research background , and then discusses the necessity of implementing customer value management . After reviewing the status of the study of the theory of value to customers at home and abroad , the for Sephora industry also described . Based on the comparative study of the domestic and international customer lifetime value theory , the paper selects the spending habits of the RFM analysis methods Sephora customers , such as the frequency of consumption , the amount of consumption analysis , combined with the the DWYER method to calculate the lifetime value of the customer , segmenting customers based on customer value , and client resource allocation based on customer value segmentation and retention policies . Finally, the cosmetics retail enterprise customer value management processes , conclusions and recommendations that enterprises should be targeted at different customer base with different marketing strategies and customer service measures to improve customer retention and loyalty , in order to establish the enterprise the core of competitiveness , and ultimately achieve the maximization of corporate profits .
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CLC: > Economic > Industrial economy > The world's industrial economy > Industrial sector economy > Chemical Industry
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