Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

98 - What’s the 80-20 Rule in Jewelry Marketing?

98 - What’s the 80-20 Rule in Jewelry Marketing?

FromJoy Joya Jewelry Marketing Podcast


98 - What’s the 80-20 Rule in Jewelry Marketing?

FromJoy Joya Jewelry Marketing Podcast

ratings:
Length:
14 minutes
Released:
Sep 28, 2020
Format:
Podcast episode

Description

Developed by Italian economist Vilfredo Pareto in the early 1900s, the Pareto principle, or "the 80-20 rule", states that approximately 80% of the results come from 20% of the causes or efforts. Did you know that the Pareto principle has a place in jewelry marketing? When it comes to marketing, a common trend among many jewelry businesses is that 80% of revenue will actually only come from 20% of customers because that minority consists of the best and most loyal customers who buy frequently. Do you find that's true with your business? Listen to this episode to learn more. Check out the accompanying blog post here: https://joyjoya.com/2020/09/24/whats-the-80-20-rule-in-jewelry-marketing/
Released:
Sep 28, 2020
Format:
Podcast episode

Titles in the series (100)

Digital marketing tips and insights for jewelry designers and retailers, updated weekly. Hosted by jewelry marketing expert Laryssa Wirstiuk.