FACTOID # 127: Costa Rica leads the world in per capita exports of bananas, cassava, melons, and pineapples to the United States. Unsuprisingly, they’re also first in pesticide use.
 
 Home   Encyclopedia   Statistics   Countries A-Z   Flags   Maps   Education   Forum   FAQ   About 
 
WHAT'S NEW
RECENT ARTICLES
More Recent Articles »
 

FACTS & STATISTICS    Simple view

  1. Select countries to view: (hold down Control key and click to select several)

     

     

    Compare:

     

     

  1. Select fact or statistic: (* = graphable)

     

     

     

  2. (OPTIONAL) Compare to statistic: (both need to be graphable)

     

     

     

  3. View result as:

     

       
(OR) SEARCH ALL encyclopedia, stats & forums:   

Encyclopedia > Patronage concentration

Patronage concentration is a term used in marketing. It is the share of an individual consumer's expenditures in an industry that is spent at one company. It is the amount that a person spends at one company divided by the amount that person spends at all companies in the industry.


amount spent at one company
___________________________________
amount spent at all companies in the industry


The amount a person spends at one company is sometimes called the "relationship revenue".


For example, I may spend $1000 per year at fast food restaurants. If I spend $100 at Wendy's Restaurants, then Wendy's has (100/1000=10%) ten percent of my patronage. As long as the amount spent at one firm is less than the total amount spent at all firms in the industry, the customer will be patronizing more than one firm, and patronage concentration will be less than 100%.


The goal of many firms is to increase the patronage concentration ratio of its customers to 100% (that is make it an exclusive relationship). Some firms set different patronage concentration targets for various classes of customers. This reflects the fact that some types of customers are more profitable than others.


This is very similar to market share. Whereas market share describes the percentage of all customers that patronize a company relative to the industry total, the patronage concentration ratio describes the percentage of one customer's patronage going to a company, relative to that persons spend in the industry. That is, market share is the aggregate or macro version of the patronage concentration ratio. Or alternatively, patronage concentration is the micro equivalent of market share.


See also


  Results from FactBites:
 
Bryn Mawr Classical Review 1999.04.22 (1923 words)
Roman patronage is a lot like the elephant in the story of the five blind men: it is big and warm and moving, its smell is everywhere.
The same comparison is true for Roman patronage: we know it is there, it looms large and even overpowering in the society we study and the literature we read, but we cannot easily relate the parts to the whole.
Concentration on the parasite permits such otherwise disparate characters as Ennius, Lucilius' Naevius, Martial's Selius and Martial himself, Cicero's Naevius from pro Quinctio, and Philodemus to be analyzed under the same rubric.
Yacov Lev. State and Society in Fatimid Egypt (3938 words)
The concentration of urban properties in Cairo, the city founded by the Fatimids for themselves, is not surprising.
The extent of the executive powers concentrated in the hands of the civilian viziers, and their personal aaggrandizement aroused the suspicious of the imams who did not hesitate to oust and, occasionally, to kill their civilian viziers.
Examples of al-Yazuri's use of patronage are recorded by the historians of the period.
  More results at FactBites »


 

COMMENTARY     


Share your thoughts, questions and commentary here
Your name
Your comments
Please enter the 5-letter protection code

Want to know more?
Search encyclopedia, statistics and forums:

 


Lesson Plans | Student Area | Student FAQ | Reviews | Press Releases |  Feeds | Contact
The Wikipedia article included on this page is licensed under the GFDL.
Images may be subject to relevant owners' copyright.
All other elements are (c) copyright NationMaster.com 2003-5. All Rights Reserved.
Usage implies agreement with terms.