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Towards a better understanding of customer lifetime value and over indebtedness

Dissertation (MBA)--University of Pretoria, 2014.

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Other Authors: Corder, Clive
Format: Thesis
Language:English
Published: University of Pretoria 2015
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access_status_str Open Access
author2 Corder, Clive
author_browse Corder, Clive
author_facet Corder, Clive
collection Thesis
dc_rights_str_mv © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria.
description Dissertation (MBA)--University of Pretoria, 2014.
format Thesis
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:36:18.633Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2015
publishDateRange 2015
publishDateSort 2015
publisher University of Pretoria
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spelling oai:repository.up.ac.za:2263/44210 Towards a better understanding of customer lifetime value and over indebtedness Corder, Clive ichelp@gibs.co.za Juma, Chisava UCTD Quantitative research Consumer credit -- Law and legislation Customer relations -- Management Dissertation (MBA)--University of Pretoria, 2014. Companies around the world have collected enormous amounts of data at the customer level, and are using different methodologies to understand their customers’ behaviour. However these different methodologies have not been effective in leveraging customer information. In this study, by computing Customer Lifetime Value (CLV) scores for individual customers of a banking organisation, two segments namely high CLV and low CLV are mined. The level of indebtedness among customers in this study is identified based on the two segments mentioned above. Also in this study, a critical analysis of the literature on the association of CLV and Over-indebtedness is provided. The results indicate that the low CLV customers are less likely to end up over-indebted. This finding negates the common viewpoint that low CLV and over-indebtedness variables are associated. A quantitative research design was chosen above a qualitative research design for this study. CLV scores for individual customers are calculated using Hwang (2004) model and a Chi-squared test is used for the hypothesis testing of the research propositions. Based on the findings and conclusions drawn from this study, several recommendations and further future research are made. zkgibs2015 Gordon Institute of Business Science (GIBS) Unrestricted 2015-03-31T09:08:56Z 2015-03-31T09:08:56Z 2015-03-24 2014 Mini Dissertation Juma, C. (2014). Towards a better understanding of customer lifetime value and over indebtedness (MBA mini-dissertation).Gordon Institute of Business Science, University of Pretoria. Retrieved from http://repository.up.ac.za/handle/2263/1818 http://hdl.handle.net/2263/44210 en © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Quantitative research
Consumer credit -- Law and legislation
Customer relations -- Management
Towards a better understanding of customer lifetime value and over indebtedness
title Towards a better understanding of customer lifetime value and over indebtedness
title_full Towards a better understanding of customer lifetime value and over indebtedness
title_fullStr Towards a better understanding of customer lifetime value and over indebtedness
title_full_unstemmed Towards a better understanding of customer lifetime value and over indebtedness
title_short Towards a better understanding of customer lifetime value and over indebtedness
title_sort towards a better understanding of customer lifetime value and over indebtedness
topic UCTD
Quantitative research
Consumer credit -- Law and legislation
Customer relations -- Management
url http://hdl.handle.net/2263/44210