Infographic:
The 80/20 Rule

The 80/20 rule is no new concept. Developed by Vilfredo Pareto in 1906, the idea is that for many events, roughly 80% of the effects come from 20% of the causes. This concept has been applied to various different areas such as business, health, and even eCommerce! For example, in the IT sector, about 12% of shoppers use on-site search. However, that 12% of shoppers account for 41% of total revenue! See more about how the 80/20 rule can be applied to eCommerce in this week’s infographic below!

paretoprinciple2

Source: Nextopia

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  • The idea behind the 80/20 rule is that 80% of revenue comes from 20% of your customers! Tweet This!
  • On-site search users are 4.8x more likely to make a purchase! Tweet This!
  • The 11% of fashion shoppers that use on-site search account for 20% of total revenue! Tweet This!