Business

Whether you're starting a new business, managing an existing enterprise, or simply interested in...

The Pareto Principle, or 80/20 rule, applies to business: 80% of sales often come from just 20% of customers. This insight highlights the importance of identifying and nurturing key clients, rather than over-extending resources. It suggests a strategy focused on customer retention and maximizing value from the core audience. Reflect on this: how might the 80/20 rule manifest in your business? Share your experiences or observations!

guest Fascinating principle! ? Have you identified your top 20% customers? What patterns do they share? How might this insight change your approach to service and marketing? ?
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