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  Leveraging the Customer Value Framework for Superior Marketing Decisions  
   

Determine the optimal allocation of marketing resources(Journal of Marketing, October 2004)

 
         
     

A manager knows that different customers react differently to different modes of communication. Whereas one customer values personal interaction, the other customer prefers to evaluate hard facts about the product without being bothered with sales talk. An optimization model has been developed which lets a manager know the extent to which he/she can decrease face- to-face meetings and increase the frequency of direct mailers, or vice versa, for each customer, or for segments of customers, to achieve an increase in total profitability.