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Purpose – Many service organisations seek to grow by selling additional different products to their existing customers. Many managers are evaluated on the level of customer loyalty in terms of cross‐product holdings – for example, the average number of bank products or insurance policies...
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We confirm our 2007 conclusions concerning the Pareto Law. Our conclusions are now supported by many other data sets, and independent analyses.It's wrong to talk about an 80/20 law in marketing. A brand's heaviest 20% of buyers generally contribute not much more than half of a brand's sales, and...
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