Title :
Exploratory analysis on components of customer value — Based on research on iron and steel enterprise
Author :
Lei Guo ; Jie Liu ; Xianghua Lu
Author_Institution :
Sch. of Manage., Fudan Univ., Shanghai, China
Abstract :
This paper firstly introduces research status of the components of customer value, and then summarizes the basic principles of factor analysis. Through exploratory analysis on data of one famous enterprise, we can get a result that `Recency´, `Market Status´ and `Initial Time´ are the most important three components to quantify customer value. Managers can easily quantify customer value by components and its weights to support the strategy of differentiated services.
Keywords :
customer services; market research; statistical analysis; steel industry; value engineering; customer value; exploratory analysis; factor analysis; initial time; iron enterprise; market status; recency; steel enterprise; Companies; Correlation; Eigenvalues and eigenfunctions; Industries; Iron; Libraries; Steel; Components; Customer Value; Exploratory Analysis; Factor Analysis;
Conference_Titel :
Information Management, Innovation Management and Industrial Engineering (ICIII), 2013 6th International Conference on
Conference_Location :
Xi´an
Print_ISBN :
978-1-4799-3985-5
DOI :
10.1109/ICIII.2013.6702878