EM 775 Marketing Strategies

This Blog has been created as a forum for Milwaukee School of Engineering, Rader School of Business students to comment on various issues related to the subject matter of our class. The class, "Marketing Strategies" is an elective class in the graduate management program. The views expressed are those of the students individually and not of the professor or the university.

Monday, January 08, 2007

Customer Loyalty and Retention

One of the best known, current authors on the subject of Customer Loyalty and Customer Retention is Frederick Reichheld. He has written a number of articles and a few (very good) books on the subject.

A "page" from his book "Loyalty Rules" that looks at the value of customer loyalty tells us that a "A 5% increase in customer retention yields a 75% increase in customer net present value". He also discusses his six principles of loyalty.

Take a look at some of the publications (GOOGLE them) and let us know which one you like the best.

I like his book "The Ultimate Question".

Gene A. Wright

0 Comments:

Post a Comment

<< Home