The 80/20 principle holds that a small percentage of loyal customers generate the bulk of sales.
Correct Answer:
Verified
Q169: One of Engel's laws says the percentage
Q170: Compared to a century ago, the average
Q171: According to Ernst Engel's laws, the percentage
Q172: Psychographic segmentation helps marketers to gain a
Q173: According to the 80/20 principle, nonusers and
Q175: Some industries that might benefit from the
Q176: A marketer that is interested in finding
Q177: The management-driven method of identifying market segments
Q178: The VALS theory measures two variables-an individual's
Q179: Psychographic profiles do not cross national boundaries.
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents