Showing posts with label value. Show all posts
Showing posts with label value. Show all posts

26 September 2008

How do you measure value?

How do you measure the value of your customer?
Most companies put a value on how much they make per customer.

Maybe companies should think about another metric: the value a customer gets from a company. The real value is if the customer ever comes back. The cost of acquiring a new customer is always more expensive than keeping current customers.

Instead of pure greed, how about asking customers how much they value us?