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Preface | |
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Business Models: What They Are, How They Work, Why They Are Important | |
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Elements of a Business Model | |
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Business Modeling and Business Models | |
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Fact-Based Decision Making | |
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Cross-Silo Cooperation | |
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Types of Business Models | |
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Four Basic Business Model Structures | |
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Autonomous Business Models | |
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Business Models in the Environment | |
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Creating and Competing with Business Models | |
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Understanding the Internal Culture | |
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Describing the Unique Value Proposition (UVP) | |
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Information Flow Within the Business Model | |
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Defining Which Behaviors Can Be Measured | |
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Describing the Customers | |
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Profiling | |
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Mapping as a Profile Tool | |
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Profit-Based Segmentation | |
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Predictive Modeling | |
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Descriptive Modeling | |
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Multi-Channel Profiling | |
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Overlay Data | |
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Survey Data | |
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Learning from Our Customers | |
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Describing What Customers Do | |
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Tracking Behavior | |
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Measuring Lift | |
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Break-Even(s) | |
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Case Study: Variable Break-Even | |
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Profitability by Campaign | |
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Case Study: Profitability by Campaign | |
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Predictive Modeling | |
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Advocates, Buyers, and Tryers | |
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RFM vs. RFA Analyses | |
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Case Study: Recency-Frequency-Average Order (RFA) | |
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Quantifying Customer Behavior | |
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Lifetime Value | |
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Case Study: Lifetime Value | |
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Customer Value | |
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Customer Value Index | |
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Action Based on a Customer Value Index | |
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Building Customer Data Files | |
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The Progression of an Analysis | |
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Merge/Purge Is the Foundation | |
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Data Checks | |
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Relational Versus Flat Databases | |
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Data Format Versus Data Content | |
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Different Data Sources Equal Different Data Meanings | |
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Realistic Time-Frames | |
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Case Study: Business-to-Business Medical Equipment Manufacturer | |
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Case Study: Consumer Cataloger | |
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Rapid Development Approach | |
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Building a Contact Strategy | |
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Segmentation Is Tactical; Marketing Is Strategic | |
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Segmentation by Frequency of Contact | |
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Understanding House File Segmentation | |
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Who Should Be Contacted? | |
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What Makes Segments Different? | |
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What Offers Are Likely to Be Appropriate? | |
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Which Customers Are Likely to Be Most Valuable? | |
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When Should Contacts Be Made? | |
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Where Do Best Customers Come From? | |
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Which Media Are Most Effective in Making Contacts? | |
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House File Inventory | |
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Quantifying the House File Inventory | |
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Building Budgets and Sales Projections Using the House File Inventory | |
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The Process of Building a Business Model | |
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Building a Team | |
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Top Management as Director | |
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Investors | |
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Facilitators | |
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Internal Lead Roles | |
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Support Roles | |
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Employees' Personal and Professional Strengths | |
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Business Model Situation Analysis | |
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Initial Review | |
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Employ Database Marketing Methodology | |
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Load Data | |
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Data Check | |
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Data Hygiene | |
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Set Data Dictionary | |
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Create Reports Describing the Data | |
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Data Mining | |
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Exploring and Defining Relationships | |
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Create Descriptive Statistics | |
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Predictive and Descriptive Modeling | |
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Create Final Report Set and Define Update Report Set | |
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Develop and Implement Strategy Based on Findings | |
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Adjustment Period and Scheduled Updates | |
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Application Development | |
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Changing the Business Model | |
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The Pressure for Change | |
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Hysteresis | |
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Adoption Hurdles | |
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Disruptive Technology | |
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Disruptive Competition | |
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Disruptive Marketplace | |
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The Importance of Management Push | |
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Obstacles to Change | |
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Pressure for Immediate Success | |
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Organization Charts Reflect Strategy | |
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Managing Rewards and Measurements | |
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Agents of Change Versus Agents of Inertia | |
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Knowledge of the Business of the Enterprise Is Key | |
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Driving Change | |
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Organic Growth | |
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Partnering | |
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Acquisition | |
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Creating a Subsidiary | |
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Divestment | |
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Specialization | |
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New Media Channels | |
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New Sales Channels | |
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New Constituent Relationships | |
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Consummating the Sale | |
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Pricing | |
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Case Studies | |
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How Profiling Changed a Business Model | |
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How Cluster Analysis Changed a Business Model | |
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How Profit-Based Segmentation Changed a Business Model | |
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How Predicative Modeling Improved Subscription Marketing Effectiveness | |
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Index | |