Customer Value Assessment in Business Markets: A State-of-Practice Study

James C. Anderson*, Dipak C. Jain, Pradeep K. Chintagunta

*Corresponding author for this work

Research output: Contribution to journalArticle

228 Scopus citations

Abstract

The state-of-practice with respect to customer value assessment in business markets was studied. Familiarity with and usage of nine methods were investigated for a sample of 80 informants from the largest U.S. industrial firms and 20 informants from the largest U.S. market research firms that conduct studies in business markets. Focus group value assessments and importance ratings are the most widely-used methods, while conjoint analysis, though used less frequently, has the highest percentage of judged successful applications. Implications of the results for marketing practice are discussed and some worthwhile areas where academic research might advance the present state-of-practice are suggested.

Original languageEnglish (US)
Pages (from-to)3-29
Number of pages27
JournalJournal of Business-to-Business Marketing
Volume1
Issue number1
DOIs
StatePublished - Jun 19 1992

ASJC Scopus subject areas

  • Management Information Systems
  • Marketing

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