Defining the customer lifecycle, Part 1

May 14 2007

I am working on rewriting our customer lifecycle document (get the current one here). What is the customer lifecycle?

The customer lifecycle is based on customer loyalty, however, many clients that I speak to mistake revenue for loyalty. Now, I agree that revenue is an important component, but loyalty is also made up of brand awareness and brand interaction. The customer lifecycle should be based on the loyalty of a customer and their interaction with your brand. Your lifecycle program needs to be a flexible and dynamic experience.

In Part 2 I will talk about the steps to building loyalty and part 3 will focus on what does it mean when it comes to developing an email program to grow customer loyalty for the customer lifecycle.

Posted by Jeff Mills at 9:38 PM

Published in Calculating Value   

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