What does the 80-20 rule mean?
A)80% of the buying comes from 20% of the vendors.
B)80% of sales come from 20% markdowns.
C)80% of the customers pay with 20% of their income.
D)80% of the sales or profits come from 20% of the customers.
E)80% of the merchandise is sold at 20% off.

Question

Quizplus · Accepted Answer

Retailers group their customers based upon their CLV scores.The top would be 20% of the top customers with the remaining 80% being the rest of the customers.

What Does the 80-20 Rule Mean