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CUSTOMER
LIFETIME VALUE SELF-ASSESSMENT TOOL
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To get an estimate of your company's potential for developing and leveraging technology and processes to enhance your customers' overall experience to drive high customer engagement, thereby increasing customer lifetime value, please answer the questions below. Your use of this tool is subject to these Terms of Use.
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BUSINESS ORIENTATION
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Select Answer
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To what extent do you agree that the following describe your company?
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We have an existing program to manage the quality of customer experience
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We
believe that managing the customer experience will drive customer lifetime
value
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Our company prefers to
focus on developing and defending existing markets
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We prefer to offer
premium quality products and services
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CURRENT CAPABILITIES
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Select Answer
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How satisfied are you with your company's current capabilities in each of the following?
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The ability to initiate proactive outreach to customers
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Offering attractive promotions to customers
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Ability to upsell
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Use of multiple channels
to sell to the customer
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RELATIVE PERFORMANCE
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Select Answer
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Relative to other companies in your industry, how would you rate your company's
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performance over the past two to three years in terms of the following?
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Profit growth
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Overall profitability
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Overall customer
satisfaction
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Customer retention
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ESTIMATED PROFIT AND INDUSTRY BENCHMARKS
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Enter Estimate
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Please provide us your estimates for the following:
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Your
company's profit last year (USD)?
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USD
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Average annual profit growth of companies in your industry?
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%
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What is the likely annual profit growth of companies performing at the following levels?
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- Somewhat
BETTER than the industry average
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%
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Significantly BETTER than the industry average
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%
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- Somewhat
WORSE than the industry average
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%
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-
Significantly WORSE than the industry average
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%
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Roughly what is your company's target annual percentage increase in revenue?
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%
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AVERAGE REVENUES AND COSTS PER CUSTOMER
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Enter Estimate
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Please provide us your estimates for the following:
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What is your average annual revenue per customer? (USD)
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USD
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What is your average margin on revenue per customer? (%)
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%
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On average, how much does it cost to support one typical customer per year? (USD)
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USD
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On average, how much does it cost to acquire or win a new customer? (USD)
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USD
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On average, how many years does a customer stay with your company? (Years)
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Years
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RESULTS
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Current Overall CLV Performance Potential:
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The following is a short description of those 2 levels of CLV usage that is further explained in the white paper. |
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Shifting Your Company to a Fully Optimized CLV Strategy could accelerate Annual Profit Growth
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A Fully Optimized CLV Strategy involves one or more of the following components:
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This strategy increases the likelihood of achieving profit growth and customer loyalty levels that are
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significantly better than the industry average.
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Your Company's likely annual profit growth of
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could be
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with a Fully Optimized CLV Strategy
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with a Fully Optimized CLV Strategy
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Shifting Your Company to a Fully Optimized CLV Strategy could accelerate growth in Customer Lifetime Value
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Your Customer
Lifetime Value could be
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higher in three
years
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if Your Company can shift to a Fully Optimized CLV Strategy
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The Year 3 projection for Your Company is based on the calculated expected value of profit growth rate for your current CLV performance potential.
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The Year 3 projection for the Fully Optimized scenario is based on the calculated expected value of profit growth rate of a Fully Optimized CLV user.
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Improved Customer Retention lets Your Company shift more attention to true net growth
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Impact on Marketing Effort:
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Impact on Marketing Effort:
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Results are offered for informational use only. Avaya does not warrant the accuracy of these results. |
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Explore more about Customer Engagement >> |