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The 80/20 Rule, originally coined the Pareto Principle, is the idea that for most events, 80% of the results stem from 20% of the effort. It was developed when its creator, Italian economist Vilfredo Pareto, noticed that 80% of the land in Italy was owned by 20% of the population at the time. Since then, the concept has been applied to areas like business (80% of sales come from 20% of customers) and health (eat healthy 80% of the time, indulge 20%.) To learn more about Nextopia's eCommerce site search & navigation solutions, give us a call today at 1-800-360-2191.
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20 Rule in eCommerce
The 80Users who use your on-site search produce more revenue than those who do not
43% of eCommerce shoppershead straight for the search bar
On-site search users are 4.8x more likely to make a purchase
These users have an 8% higher average order value
The 80/20 Rule by Industry
IT Sector
Fashion
Cosmetics
12%41%29%
of shoppers use on-site search
These shoppers account for
higher
The 80/20 Rule in Action
$70%
20% of UK mobile usersare frequent shoppers
www.nextopia.com
 Global Provider of eCommerce Site Search Navigation Solutions
@nextopia
http://internetretailing.net/2014/02/while-mobile-is-creating-a-breed-of-super-shoppers-that-account-for-70-of-uk-retail-spend-study-goes-on-to-find/
http://www.highposition.com/blog/ecommerce-site-search-improve-customer-search-experience/http://sherpablog.marketingsherpa.com/consumer-marketing/on-site-search/
http://www.time-management-success.com/pareto-principle.html
The Concept
of total revenue
Their average order value is
11%20%7%
of shoppers use on-site search
These shoppers account for
higher
of total revenue
Their average order value is
8%25%13%
of shoppers use on-site search
These shoppers account for
higher
of total revenue
Their average order value is
They account for of total UK retail sales
$80% of revenuecomes from 20%of your customers