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October 31, 2006

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Graham Hill

James

I fully agree with the importance of raising the profile of customers, in general, within business. It is part and parcel of understanding how mutual value can be delivered to customers as well as to the companies that serve them.

Unfortunately, although all customers are equal, some are more equal than others. For example. Some have a higher lifetime value. Some are easier to serve. Some have a better fit with the company and are likely to remain loyal longer. Some are leading innovators in using the company's products. Some are leading influencers in the market at large. Some even love the company and all that it stands for (if you have great products, treat your customers really well and are really lucky). And so forth.

The obvious challenge is in increasing the status of different customers for different purposes. The real challenge is in working out how to do this cost effectively.

Graham Hill
Independent CRM Consultant

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