For Marketing Leadership Professionals (Length: 18 pages)
This is a Consumer Technographics document

February 27, 2008

Redefining High-Value Customers

The Value Of Influencers In A Connected World

by Mary Beth Kemp

with Jaap Favier, Josh Bernoff, Alice Bresciani, William Band, Suresh Vittal


Executive Summary (This is a document excerpt)

Many firms value customers primarily based on how much they spend with them. However, in this super-connected world of Social Computing, influential consumers drive purchase decisions and have an enormous value for a brand. Marketers should now include the social value of consumers in their valuation algorithms — using the social value scorecard — and offer sophisticated award systems to the most valuable consumers: the Ambassadors.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemCustomer Value Needs A Makeover

itemSocial Value: Take Consumer-To-Consumer Connections Into Account

itemTwo Drivers Define Social Value

itemDriver 1: What A Consumer Does

itemDriver 2: The Reach And Value Of A Consumer's Connections

itemRecognize Your High-Value Customers

itemScore The Social Value Of Your Customers

itemHow To Calculate The Social Value Of An Individual

itemAmbassadors Are Your New High-Value Customers

recommendations

itemMarketing: Value What's Social

WHAT IT MEANS

itemSocial Value Will Only Grow In Value

itemSupplemental Material

Forrester interviewed 10 vendor and user companies, including CRM Metrix, Dell, Edelman, iCrossing, Microsoft, and Times Online.

Related Research Documents

itemEuropean Social Technographics Revealed

February 26, 2008

itemThe Connected Agency

February 8, 2008

itemDemystifying the WOM Consumer

October 30, 2007

Find Documents In Related Categories

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Analyst: Mary Beth Kemp
Technology: Brand Tactics, Customer Experience, Interactive Marketing, Marketing & Advertising, Social Computing & Web 2.0
Geography: Europe, North America

Archived Teleconference:
Social Computing Strategies For Luxury Brands
Original air date: Tuesday, September 15, 2009
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Rating: 9 out of 10
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