Building Customer Equity: Managing Customer Relationships for Growth

20/08/2025 33 min Episodio 26
Building Customer Equity: Managing Customer Relationships for Growth

Listen "Building Customer Equity: Managing Customer Relationships for Growth"

Episode Synopsis

Learn how to build customer equity by fostering loyalty, increasing satisfaction, and managing relationships that create long-term business value. This episode explores the foundations of customer loyalty—psychological and behavioral—and how it translates into financial and strategic advantages. It explains key strategies like reward programs, switching costs, and brand communities to boost retention. The episode introduces the concept of customer equity as the total lifetime value of the customer base, integrating both monetary and strategic value. It also covers how companies balance acquisition vs. retention, align customer value with equity, and implement CRM systems to support customer-centric strategies for sustainable growth.