Past Customer definition

Past Customer means a Person who was a customer of Company during the two years preceding the purported solicitation; and “Future Customer” shall mean a prospective customer with whom Company conducted discussions about becoming a customer during the six months preceding the purported solicitation.
Sample 1Sample 2Sample 3

Examples of Past Customer in a sentence

  • Reinartz and Kumar (2000, 2003) in their research have shown that by deciding on lifetime value of each customer and customer specific drivers of profitable customer lifetime duration, it will help the firms to determine the correct customers to retain.It also highlighted that CLV is superior to RFM (Recency, Frequency, Monetary), PCV (Past Customer Value) and also CSS (Customer Spending Score) in a few perspectives.

  • A second method, the use of Past Customer Value (PCV), assumes that the past spending behavior of the customer is going to continue in the future, which is not always the case.

  • In particular, due to the unique quality of the wheels produced by using spin casting machines, the Past Customer has expressed its preference for such wheels for their production of NEVs. In addition, we also target to supply our wheels to be produced by using spin casting machines to one of our top ten customers for the year ended December 31, 2021 and the five months ended May 31, 2022 as such customer is engaged in the production of the electric vehicle.

  • CLV is far more superior compare to other methods such as Recency- Frequency-Monetary value (RFM), Past Customer Value (PCV) and Customer Spending Score (CSS) due to some limitations by those metric even though they are more commonly used compare to CLV.

  • Here, CLV from firm perspective and customer perspective will be divest and expand in different ways, event there have different model of prospecting CLV.Traditionally, there are three common models for estimating CLV from customer perspectives that are RFM, Share-of-Wallet and Past Customer Value.

Related to Past Customer

  • Host Customer means a customer under a Customer Agreement.

  • DMA Customer means a Customer of a Sponsoring Broker where representatives of the Customer that are natural persons are designated by the Sponsoring Broker to have Trading Access to the SEF Platform using the Participant ID of the Sponsoring Broker and where such Customer signs the DMA Customer Documentation.

  • Relevant Customer means a person, firm or company who during the period of twelve months immediately preceding the Termination Date conducted a business relationship (including, without limitation, the provision of services and the negotiation for the same) with the Company or any Group Company and with whom the Executive had significant contact as an employee of the Company;

  • End Customer means an enterprise customer to which Partner markets or sells Products for internal use.

  • Retail customer means any person that purchases retail electric energy for its own consumption at

  • Significant Customer has the meaning set forth in Section 5.22(a).

  • Indigent Customer means the head of an indigent household:-

  • TCP Customers We will not impose Credit Management Charges unless the Charges are a reimbursement of our costs and you are advised of their amount or method of calculation.

  • Existing Customer means an individual who has purchased goods or services from a person, who is the recipient of a voice communication from that person, and who either paid for the goods or services within the 12 months preceding the voice communication or has not paid for the goods and services at the time of the voice communication because of a prior agreement between the person and the individual.

  • Significant Customers shall have the meaning set forth in Section 3.19.

  • Business Customer means a customer who is not a residential customer.

  • Top Customers has the meaning specified in Section 4.28(a).

  • Network Customer means an entity receiving transmission service pursuant to the terms of the Transmission Provider’s Network Integration Transmission Service under Tariff, Part III.

  • New Customer means a residential customer who

  • End User Customer means a third party retail Customer that subscribes to a Telecommunications Service provided by either of the Parties or by another Carrier or by two (2) or more Carriers.

  • End-Use Customer means a person or entity in Delaware that purchases electrical energy at retail prices from a Retail Electricity Supplier.

  • household customer means a customer purchasing electricity for his own household consumption, excluding commercial or professional activities;

  • service supplier means any person that supplies a service;

  • Customer means the State agency or other entity identified in a contract as the party to receive commodities or contractual services pursuant to a contract or that orders commodities or contractual services via purchase order or other contractual instrument from the Contractor under the Contract. The “Customer” may also be the “Buyer” as defined in the PUR 1001 if it meets the definition of both terms.

  • wholesale customer means a natural or legal person purchasing electricity for the purpose of resale inside or outside the system where he is established;

  • Material Customer has the meaning set forth in Section 3.22(a).

  • Small customer means a retail customer that has an individual load with an average monthly demand of less than 5,000 kilowatts.

  • Company Customer means a person or entity for whom the Company or any of its Subsidiaries was providing services either at the time of, or at any time within the twelve (12) months preceding the Termination Date, and for whom the Participant had direct contact with and/or carried out or oversaw a material business responsibility during said twelve (12) month period or about whom the Participant had exposure to or received Confidential Information as a result of the Participant’s employment with the Company or any of its Subsidiaries.

  • Net metering customer means a customer of the electric distribution company

  • Material Customers has the meaning set forth in Section 3.15(a).

  • Major Customer has the meaning set forth in Section 3.22.