Aljukhadar, Muhammad; Senecal, Sylvain - In: Cogent Business & Management 9 (2022) 1, pp. 1-16
The Pareto Principle, known as the 80/20 rule, predicts that most sales generate from a minority of buyers. Further, consumer theory stipulates certain shoppers have a preference to consume experience versus tangible goods. Some people value the consumption of experience due to lifestyle and...