Counting Your Customers: Who-Are They and What Will They Do Next?
Counting Your Customers: Who-Are They and What Will They Do Next?
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DOI:
10.1287/mnsc.33.1.1
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发表时间:
1987
影响因子:
5.4
通讯作者:
D. Schmittlein;D. G. Morrison;R. Colombo
中科院分区:
文献类型:
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作者:
D. Schmittlein;D. G. Morrison;R. Colombo
This article is concerned with counting and identifying those customers who are still active. The issue is important in at least three settings: monitoring the size and growth rate of a firm's ongoing customer base, evaluating a new product's success based on the pattern of trial and repeat purchases, and targeting a subgroup of customers for advertising and promotions. We develop a model based on the number and timing of the customers' previous transactions. This approach allows computation of the probability that any particular customer is still active. Several numerical examples are used to illustrate applications of the model.