Managing Customers For Value
- Topics:
- Growth
- Tags:
- Customer Information,
- Software,
- Retail Company,
- Retail,
- Montgomery Research Inc.,
- Management,
- Knowledge Management,
- Knowledge,
- Enterprise Software,
- Customer Information System,
- ...
- Source:
- Montgomery Research
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Overview: The energy retail business thrives on efficient customer interactions. Customers are the lifelines of the energy retail business. They want efficient service, better products, and good offers from energy retailers. In such scenario, it becomes imperative for the energy retailer to keep a track of the Customer Lifetime Value (CLV) of every customer. Customer Information System (CIS) is the IT framework that enables an energy retailer to conduct the CLV analysis. CIS has the potential to transform operational data into strategic knowledge. In this respect, the CIS acts as a knowledge management tool. The paper examines the nuances of CIS in managing customers and creating value.
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Format: HTML | Date: Mar 2004 | Pages: 1






