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In Catalog Marketing, Data Driven Marketing, Jack Schmid, Strategy
01 Jun '03

Understanding Catalog Profit & Loss

June 1, 2003 / June 1, 2003 /

If you’re familiar with the profit and loss (P & L) statement traditionally used by bankers and accountants, you may be surprised to see the level of detail in P & L used by direct marketers and catalogers. But it’s prudent to get a complete picture of all the costs that go into a marketing […]

In Catalog Marketing, Data Driven Marketing, Jack Schmid, Strategy
01 Mar '01

Catalog Analysis: How Much Are Your Customers Worth?

March 1, 2001 / March 1, 2001 /

Last month we discussed the cost of getting a customer, a key measurement for the “front end,” or the prospecting side of the business. Now, we look at a corresponding analytical marketing variable: lifetime value, a “back end” marketing metric, which is applied to the house list to determine the value of a customer or […]

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