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	<title>Sandlines &#187; customer lifetime value</title>
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	<description>Drawing new lines in the shifting sands of marketing</description>
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		<title>Customer lifetime value</title>
		<link>http://www.sandlines.net/customer-lifetime-value/</link>
		<comments>http://www.sandlines.net/customer-lifetime-value/#comments</comments>
		<pubDate>Mon, 01 Dec 2008 16:33:38 +0000</pubDate>
		<dc:creator>Sandlines</dc:creator>
				<category><![CDATA[engagement marketing]]></category>
		<category><![CDATA[mobile]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[customer lifetime value]]></category>
		<category><![CDATA[customer service]]></category>
		<category><![CDATA[vodafone]]></category>

		<guid isPermaLink="false">http://www.sandlines.net/?p=268</guid>
		<description><![CDATA[<p>Maybe I&#8217;m just becoming (an even grumpier) grumpy old man, but one of the things I&#8217;ve noticed as we&#8217;ve talked ourselves into recession is a steep decline in customer service.</p>
<p>Why is this? Some thoughts:</p>
<ul>
<li>as <strong>companies </strong>are becoming</li></ul><p>&#8230;</p>]]></description>
			<content:encoded><![CDATA[<div id="attachment_269" class="wp-caption alignright" style="width: 240px"><img class="size-medium wp-image-269" title="no-mobile" src="http://www.sandlines.net/wp-content/uploads/2008/12/no-mobile.gif" alt="Bye Bye Voda?" width="230" height="286" /><p class="wp-caption-text">Bye Bye Voda?</p></div>
<p>Maybe I&#8217;m just becoming (an even grumpier) grumpy old man, but one of the things I&#8217;ve noticed as we&#8217;ve talked ourselves into recession is a steep decline in customer service.</p>
<p>Why is this? Some thoughts:</p>
<ul>
<li>as <strong>companies </strong>are becoming stressed about their future, they are giving less thought to ensuring their customers feel valued</li>
<li>as <strong>staff </strong>feel their jobs are less secure, their discontent shows in the way they handle all types of customer interaction</li>
<li>as I spend my money as a <strong>customer</strong>, I feel companies (and their staff) should be more grateful that I&#8217;m still spending</li>
</ul>
<p>I don&#8217;t have any hard data to back this up, but I can relate something anecdotally.</p>
<p>Vodafone, my mobile service provider, have been a company I&#8217;ve unhesitatingly recommended to friends and family. I know of a few people who&#8217;ve switched to them on the basis of my enthusiastic endorsement of their customer service.</p>
<p>As well as my mobile phone account (with very healthy <a title="Define ARPU" href="http://www.radio-electronics.com/info/cellulartelecomms/cellular_glossary/cellularglossary_a.php" target="_blank">ARPU</a>) I also bought a mobile broadband connection &#8211; which I&#8217;ve subsequently passed on to a colleague who is using it (and paying for it) in my place. We couldn&#8217;t do this formally as he is an ex-pat american, and has no credit history here. So far so good.</p>
<p>Except that last week Vodafone suspended my mobile phone. Why? Because the payment for the mobile broadband was overdue&#8230; by TWO DAYS. No warning, just frustration as a result of a very modest oversight.</p>
<p>I suspect their reaction would have been more in proportion had this happened a few months ago. But, with my contract just two months from renewal date, I feel the other networks beckoning.</p>
<p>I&#8217;ve seen this type of corporate response in various ways over the past few weeks (though not as dramatic) from larger companies.</p>
<p>Interestingly, the smaller businesses I deal with (personally and professionally) seem to be a very different story &#8211; and I believe this is an opportunity smaller businesses can seize &#8211; to show customers what great service really is, and win market share on the back of it.</p>
<p>Here&#8217;s hoping.</p>
<p><a href="http://www.sandlines.net/?ibsa=share&id=268" id="share-link-">Share</a></p>]]></content:encoded>
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