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Describe the relevance of Old Pareto Rule “80/20…

Describe the relevance of Old Pareto Rule “80/20 Rule” as an in-charge of Customer Relationship Ma…

Describe the relevance of Old Pareto Rule “80/20 Rule” as an in-charge of Customer Relationship Management (CRM).

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Jeeba Mar. 07, 2018

Pareto Rule emphasizes that most organizations find that approximately 20% of their customer base generates 80% of the profits.

This concept larglely based on the philosophy that indicates that old trustworthy customers are most lucrative and help in generating profits.