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Customer equity is the total combined customer lifetime values of all of the company's customers. It is calculated by multiplying the number of customers by the average value of each customer. Customer equity is important because it reflects the potential future revenue that a company can generate from its existing customer base.
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customer equity value customers company lifetime future revenue higher service average important base strategy goodwill brand revenues improving total combined
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Customer equity | is a | total combined customer lifetime values of all of the company's customers | 0.90 | text |
| by advertisementsimproving the trust of the customer towards the brand | instance of | improving consumer serviceimproving the value or desirability of the brandimproving goodwillimproving brand popularity | 0.80 | text |
| Customer equity | related to Customer equity strategy | Companies | 0.60 | section |
| Customer equity | related to Customer equity strategy | They | 0.60 | section |
| Customer equity | related to External links | Customer | 0.60 | section |
| Customer equity | related to External links | Customer Lifetime ValueCustomer | 0.60 | section |
| Customer equity | related to Literature | Rust | 0.60 | section |
| Customer equity | related to Literature | Roland | 0.60 | section |
| Customer equity | related to Literature | Lemon | 0.60 | section |
| Customer equity | related to Literature | Katherine | 0.60 | section |
| Customer equity | related to Literature | Zeithaml | 0.60 | section |
| Customer equity | related to Literature | Valarie | 0.60 | section |
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