2003•Commercial ResearchRequires access

Modern Enterprises' Customer Concept Customer Satisfaction and Customer Equity

XU Wei-qing

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Abstract

The concept of customer satisfaction and the concept of customer equity have their respective connotations although they were both in the customer-oriented age. The latter doesn't tend to negate but develop and improve the former and it is a new concept which pursues the continuable customer satisfaction and the collective customer satisfaction of all the interest parties in an enterprise. The two customer concepts are applicable to different instances.

About this research paper

What this paper is about

The concept of customer satisfaction and the concept of customer equity have their respective connotations although they were both in the customer-oriented age. The latter doesn't tend to negate but develop and improve the former and it is a new concept which pursues the continuable customer satisfaction and the collective customer satisfaction of all the interest parties in an enterprise. The two customer concepts are applicable to different instances.

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Available abstract

The concept of customer satisfaction and the concept of customer equity have their respective connotations although they were both in the customer-oriented age. The latter doesn't tend to negate but develop and improve the former and it is a new concept which pursues the continuable customer satisfaction and the collective customer satisfaction of all the interest parties in an enterprise. The two customer concepts are applicable to different instances.

Key concepts: Customer equity, Customer satisfaction, Customer advocacy, Customer retention, Customer delight, Customer to customer, Business, Customer intelligence

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