We study the optimal customer-acquisition and customer-retention decisions of the representative firm in a dynamic competitive industry. We find that the optimal per-customer retention effort depends positively on customer profitability and is constant over time. The endogenous effective...

We study the structure of optimal customer acquisition and customer retention strategies in an infinite horizon model of a firm in a competitive industry. We examine the effects of changes in customer profitability, density of competition, and discount rate on the optimal allocation of marketing...

In indirekten Distributionskanälen agierende Unternehmen fragen sich zunehmend, inwieweit vertikale Wettbewerber von ihren Investitionen in Kundenloyalität profitieren. Sabine Hollmann leitet Hypothesen zur Wechselwirkung von Marken- und Händlerloyalität sowie deren Wirkung auf die Intention...