What is the 80-20 rule?
A)80% of the sales or profits come from 20% of the customers.
B)80% of the customers come from 20% of the foot traffic.
C)80% of the merchandise returns come from 20% of the customers.
D)80% of sales come from 20% markdowns.
E)80% of the sales come from 20% of the product.

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 Is the 80-20 Rule