The DOI matches its Crossref record; 66 of the 66 references it cites were found in a registry or an index.
The Impact of Customer Relationship Characteristics on Profitable Lifetime Duration
Abstract
The authors develop a framework that incorporates projected profitability of customers in the computation of lifetime duration. Furthermore, the authors identify factors under a manager's control that explain the variation in the profitable lifetime duration. They also compare other frameworks with the traditional methods such as the recency, frequency, and monetary value framework and past customer value and illustrate the superiority of the proposed framework. Finally, the authors develop several key implications that can be of value to decision makers in managing customer relationships.
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“To the best of our knowledge, the only published paper reporting a successful implementation of the Pareto/NBD model using standard maximum likelihood estimation (MLE) techniques is Reinartz and Kumar (2003), and the authors comment on the associated computational burden.”
From “Counting Your Customers” the Easy Way: An Alternative to the Pareto/NBD Model (2005) · cites this paper as Reinartz and Kumar (2003)
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“But despite the respect it has earned, it has proven to be a difficult model to implement, particularly because of computational challenges associated with parameter estimation.”
From “Counting Your Customers” the Easy Way: An Alternative to the Pareto/NBD Model (2005) · cites this paper as Reinartz and Kumar (2003)
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“To the best of our knowledge, the only published paper reporting a successful implementation of the Pareto/NBD model using standard maximum likelihood estimation (MLE) techniques is Reinartz and Kumar (2003), and the authors comment on the associated computational burden.”
From “Counting Your Customers” the Easy Way: An Alternative to the Pareto/NBD Model (2005) · cites this paper as Reinartz and Kumar (2003)
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Metadata
- Authors
- Reinartz, W. J., & Kumar, V.
- Affiliations
- Department of Marketing, School of Business Administration, University of Connecticut.
- Venue
- Journal of Marketing
- Publisher
- SAGE Publications
- Published
- 2003-01
- Volume
- 67
- Issue
- 1
- Pages
- 77-99
- ISSN
- 0022-2429
- 1547-7185
- Cited by
- 811
- References
- 66
- Language
- en
- Licence
- journals.sagepub.com/page/policies/text-and-data-mining-license (tdm)
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