Customer Profitability
2 July 2021
Customer Profitability is an indicator of how much profit a business is generating from individual customers. Customer profitability is basically a measure of the net dollar contribution made by individual customers to an organisation.
This indicator is included in the book: Key Performance Indicators – the 75+ measures every manager needs to know, which contains an in-depth description of this KPI, as well as practical advice on data collection, calculations, target setting, and acutal usage.
Related Articles
Generative AI: The Secret Weapon Of Successful CEOs
Remember how amazed we were when ChatGPT made its debut just a year ago? Well, as we’ve since learned, that was only the beginning.[...]
Virtual Reality, Real Business: The Impact Of The Metaverse On Companies
Metaverse has undoubtedly been one of the most talked-about concepts of the year. At the start of 2022, the focus was on Facebook’s surprise re-branding of itself to Meta Platforms.[...]
Social Media