Chapter 3 Step 2 Valuation of customers/ prospects Flashcards

0
Q

5 Rs

A
Response
Receptivity
Recognition
Relevance 
Relationship
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1
Q

Calculating Customer Brand Value

A
CBV = = P x BR x SOP x CM
P penetration
BR category buying rate
SOP share of purchase
CM contribution to margin
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2
Q

The value of the brand to the customer

A

Customer’s needs,
Customer’s mind-set,
The environment

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