TY - JOUR
T1 - Customer value based entry decision in International markets the concept of International Added Customer Equity
AU - Evanschitzky, Heiner
AU - Wangenheim, Florian v.
N1 - Copyright 2006 Elsevier B.V., All rights reserved.
PY - 2006/4/4
Y1 - 2006/4/4
N2 - Market entry decisions are some of a firm's most important long-term strategic choices. Still, the international marketing literature has not yet fully incorporated the idea of relationship marketing in general, and the customer value concept in particular, as a basis for market entry decisions. This article presents some conceptual ideas about a customer value based market selection model. The metric International Added Customer Equity (IACE), a straightforward decision criterion derived from the customer equity concept is presented as an additional decision criterion for export market selection and ultimately market entry.
AB - Market entry decisions are some of a firm's most important long-term strategic choices. Still, the international marketing literature has not yet fully incorporated the idea of relationship marketing in general, and the customer value concept in particular, as a basis for market entry decisions. This article presents some conceptual ideas about a customer value based market selection model. The metric International Added Customer Equity (IACE), a straightforward decision criterion derived from the customer equity concept is presented as an additional decision criterion for export market selection and ultimately market entry.
KW - customer equity management
KW - international markets
KW - market entry decision
UR - http://www.scopus.com/inward/record.url?scp=33746512524&partnerID=8YFLogxK
UR - http://www.tandfonline.com/10.1300/J366v05n01_06
U2 - 10.1300/J366v05n01_06
DO - 10.1300/J366v05n01_06
M3 - Article
AN - SCOPUS:33746512524
SN - 1533-2667
VL - 5
SP - 79
EP - 91
JO - Journal of Relationship Marketing
JF - Journal of Relationship Marketing
IS - 1
ER -