An improved customer lifetime value model based on Markov chain
Author:
Affiliation:
1. LARODEC, ISG; University of Tunis; Tunisia
2. Dhofar University, Oman and University of Tunis; Tunisia
Publisher
Wiley
Subject
Management Science and Operations Research,General Business, Management and Accounting,Modeling and Simulation
Link
http://onlinelibrary.wiley.com/wol1/doi/10.1002/asmb.2053/fullpdf
Reference12 articles.
1. Customer lifetime value, customer profitability and the treatment of acquisition spending;Pfeifer;Journal of Managerial Issues,2005
2. A customer lifetime value framework for customer selection and optimal resource allocation strategy;Venkatesan;Journal of Marketing,2004
3. Counting your customers: who are they and what will they do next?;Schmittlein;Management Science,1987
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