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dns123

887 Posts.

112

03/09/20

19:13

Post #: 47069308
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Originally posted by PigsMightFly: ↑

The average spend by customer is bound to increase materially as time goes on. No. The median spend increases due to small number of very active customers. Unfortunately the mean ('average') spend falls. The longer the business runs (the long tail on the left) the more dud 'active' customers on the books. CC have an annual fee to cover the cost of these loss making customers.

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Piggie you’re alive!!!!

phew - was getting concerned little bro

APT Price at posting: $83.79 Sentiment: Buy Disclosure: Held
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