An integrated model for customer equity estimation based on brand equity

Brand equity (BE) and customer equity (CE) are the two crucial and closely linked concepts in marketing research.

Introduction

In recent years, customer equity (CE) has emerged in the marketing area as a key metric of Customer Relationship Management (CRM) performance. Some studies (Berger et al., 2006; Gupta et al., 2004; Rust, Lemon, & Zeithaml, 2004; Srivastava et al., 1998; Wiesel & Skiera, 2005) have focused on CE as a comprehensive tool for measuring and managing marketing success. Blattberg and Deighton (1996) defined CE as the total discounted customer lifetime values (CLVs) summed over all of the firm's customers. The notion of CLV has been well accepted by both researchers and business practitioners. Gupta et al. (2006) defined...

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