Marketing Quote by Mark Jeffery
““Shortly after a visit to a Harrah’s, customers who exceeded a minimum CLTV received targeted marketing offers to incent cross-market play, and the higher the CLTV, the greater the value of the offer.””
About This Quote
Source Report: Marketing analytics case study, 2020
Customers with higher lifetime value receive larger, targeted offers to encourage cross‑selling, reinforcing a value‑based incentive model.
In simple terms: High‑value customers get bigger offers to boost cross‑selling.
Tailor incentives to customer value.
Themes
Mood
Type
When to use this quote
- retail promotions
- loyalty programs
- pricing strategy
Key Concepts
Questions to Reflect On
- How can you balance reward fairness?
- What risks arise from tiered incentives?
Higher offers may alienate lower‑value customers.