The Promise of Somewhere
The Value of Conscientious Conduct To The Lifetime Value Of A Brand
When the child was a child, it didn’t know that it was a child, everything was soulful, and all souls were one — Peter Handke, Song of Childhood
Historians believe the first long range trade began in 3,000 BCE between ancient Mesopotamia (modern day Iraq) and the Indus Valley (modern day Pakistan). However, the concept of value is older than trade itself. Modern day business is the provision of value for value. An economy functions well when businesses offer value for money. Money is a standard store of value that everyone agrees on. However, the other side of the equation i.e. whether a good or service provided is enough value for money is a very general and yet a very subjective question. This article explains why value can only be created by taking a lifetime view of a product or service to a client not just the lifetime value of a client to a business. Also, conscientious conduct is key to creating lifetime value.
Every product or service is a journey. The way the product or service engages a human not just when that human is using it but also when it breaks down or it’s useful life ends is a journey. A business has to decide how best to…
