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- W2576720268 abstract "This research contributes with a theoretical and practical vision of the new perspective of Customer Value Management (CVM) and its business implications. In fact, the purpose is to test the influence of CVM on Financial Results through Market Share (MS), Gross Margin (CM) and Return on Equity (ROE). The approach used to test such influence was an empirical study with data from 107 sales executives at one of the largest banks in Chile. Results support the hypotheses that CVM would have a positive influence on retention rates as well as optimize the costs of acquiring clients and the income generated by customers. The study also establishes the influence CVM has on the financial results of the company. This paper expands existing research by examining the relationship between Customer Value-oriented Management and organizational results. To assess organizational results, relevant financial ratios that are useful when evaluating the financial performance of a company were used. Results also point that in order to maintain a good level of trust, companies need to achieve a good level of communication with their clients, which is particularly important since high CVM might be necessary for a firm to develop 27long-term relationships with customers and achieve sustainable sales growth." @default.
- W2576720268 created "2017-01-26" @default.
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- W2576720268 date "2017-01-01" @default.
- W2576720268 modified "2023-09-24" @default.
- W2576720268 title "Does Customer Value-oriented Management Influence Financial Results? A Supplier's Perspective" @default.
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- W2576720268 doi "https://doi.org/10.15446/innovar.v26n63.60664" @default.
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