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According to Kotler and Keller (2016), The well-known 80-20 rule states that 80 percent or more of the company's profits come from the top 20
According to Kotler and Keller (2016), "The well-known 80-20 rule states that 80 percent or more of the company's profits come from the top 20 percent of its customers" (Ch 5, 136). So it is still cheaper to keep a returning customer versus acquiring a new customer (in regards to marketing dollars spent). What tactics can companies use to maintain this balance and keep customers loyal?
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