Results 1 to 6 of 6

Thread: The Pareto Principle or "The 80:20 Rule"

  1. #1
    Veteran Member
    Joined
    Jul 2004
    Posts
    521
    Thanks
    1
    Thanked 0 Times in 0 Posts

    Default The Pareto Principle or "The 80:20 Rule"

    This rule was developed by the economist, Vilfredo Pareto, in the late 1800s. It can be applied to quite a few areas of life, such as 20% of the people in the sales department accounting for 80% of the sales in any given company.

    For ecdysiasts, which is a word which I thought I would, and did find doing a search on SW, it might go something like this-wearing 20% of your work costumes 80% of the time and receiving 80% of your income from the same 20% of your customers. Do either of those examples hold true for any of you here?

    Quite a few other applications of this rule as well, with implications for large corporations and one-person businesses.


    PhaedrusZ

  2. #2
    mermaidnz
    Guest

    Default Re: The Pareto Principle or "The 80:20 Rule"

    honestly you just confused me.

    well i wear one costume a night ( thats not 20% cos i probably have about 25 different wearable costumes at any give time) fault 1

    80% income ( say $500, 80% of that is uhhh $420?)

    from same 20 % customers? lol nope. not true.


    NEXT.....

  3. #3
    Featured Member cottoncandy's Avatar
    Joined
    Apr 2004
    Location
    North
    Posts
    761
    Thanks
    11
    Thanked 34 Times in 21 Posts

    Default Re: The Pareto Principle or "The 80:20 Rule"

    I've heard of that- Dancerwealth mentioned that here and I heard of it somewhere in sales.

  4. #4
    Featured Member susan's Avatar
    Joined
    Aug 2002
    Location
    'burbs of Seattle
    Posts
    881
    Thanks
    0
    Thanked 3 Times in 3 Posts

    Default Re: The Pareto Principle or "The 80:20 Rule"

    From my OWN observations.... I'd say on any given night 20% of the dancers in a club are making 80% of the tips. ALSO..... 80% of the tips are coming from w-a-a-a-y less than 20% of the customers.

  5. #5
    God/dess Bridgette's Avatar
    Joined
    Apr 2002
    Location
    Gettin the fuck outta Dodge!
    Posts
    14,241
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default Re: The Pareto Principle or "The 80:20 Rule"

    Yes it holds true for me. I have a truckload of costumes and probably use 20% of them most of the time - I'm willing to bet that if I counted them up I'd come up with about 20% that I use on a regular basis. When I find something that works, I run with it. Also, even though I am a serious hustler, I still make probably 70-80% of my money from about 10-20% of my customers - ie, on any given night, I may dance for 20 guys, but the bulk of my money will usually come from only a handful who buy multiple dances. And for every night that I spend doing only 1-3 dances for alot of guys, there is another where I make all my money doing alot of dances for only 1-3 guys.

    Furthermore, in every single club I've ever worked, there's always a small number of girls who consistently make good money while the rest make average or low money. I've never had the time to sit and count, but looking back I'd take an educated guess that the top earners usually make up about 20% of the girls at any club. At my current club there are about 35-40 girls, and I can think of 7-9 including myself who consistently make good money there. On any given night at any club there will be a few who make good money while everyone else does so-so or poorly.

    Finally, I believe the reason a good profitable customer-dancer ratio is about 3:1 is because probably only 20% of guys through the door will buy dances (or at least more than one). So considering customer turnover throughout a shift, if there are 3 customers for every one dancer in the room, this puts enough spending customers in the room to allow each dancer the opportunity to make a good amount of money for the shift. Of course no club has a steady 3:1 customer-dancer ratio, there are slower and busier times, but I'll bet that if one kept a head count and averaged it out over the course of a day/shift, the result would show this to be pretty close to the mark.

    Quote Originally Posted by pheno View Post
    When you lead a nontraditional life don't try to measure it with traditional milestones.

  6. #6
    God/dess Bridgette's Avatar
    Joined
    Apr 2002
    Location
    Gettin the fuck outta Dodge!
    Posts
    14,241
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default Re: The Pareto Principle or "The 80:20 Rule"

    To add to this, I'd say most dancers probably appeal to roughly 20% of club customers. There will be some who simply don't like your type, some who aren't choosy, some who can be persuaded, and some who will go for your type exclusively. Given the vast differences in customer tastes and dancer types, I would estimate this to be true. Of course the flipside is that perhaps 20% of dancers appeal to 80% of customers.....

    Quote Originally Posted by pheno View Post
    When you lead a nontraditional life don't try to measure it with traditional milestones.

Similar Threads

  1. Replies: 1
    Last Post: 04-09-2008, 12:20 AM
  2. "rule #32323211: ALL dancers must work open till close"
    By sexy_celeste in forum Stripping (was Stripping General)
    Replies: 8
    Last Post: 03-31-2008, 04:11 AM
  3. Replies: 6
    Last Post: 03-16-2005, 07:48 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •