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Jev Fever: Predictive AI Is Superhot Again
  Originally published in Forbes The more AI changes, the...
GenAI Owns the Hype, but Predictive AI Is Thriving
  EDITOR’S NOTE: This article is adapted from the...
The Data Disconnect: A Key Challenge for Machine Learning Deployment
  EDITOR’S NOTE: This article is excerpted from The...
A Brief History of Why Machine Learning Projects Stall
  EDITOR’S NOTE: This is the preface to The...
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3 years ago
Calculating Customer Potential with Share of Wallet

 No question about it: We, as consumers have our favorites, and as a marketer, you would certainly hope that your establishment will be top of mind when shopping decisions are being made. The fact is that while a consumer might enjoy transacting with you, if they like your competitor somewhat more, you may be in for trouble – lost sales. Yes, you may be capturing a portion of a shoppers spending. That is certainly a good thing. But that same customer is purchasing similar items at a competitor. The proportion of money that a consumer spends on a

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