I'm not sure about this conclusion with regards to alcohol:
> The Pareto Law states that "the top 20 percent of
> buyers for most any consumer product account for
> fully 80 percent of sales," according to Cook. The
> rule can be applied to everything from hair care
> products to X-Boxes...
> ...But the consequences of the Pareto Law are different
> when it comes to industries like alcohol, tobacco, and
> now marijuana. If you consume 10+ drinks per day, for
> instance, you almost certainly have a drinking problem.
> But the beverage industry is heavily dependent on you
> for their profits.
If you're having ten drinks per day you're almost certainly going to be drinking the cheap stuff, not the high-profit-margin luxury alcohol brands.
There's probably more profit in a single bottle of Johnnie Walker Blue than an entire month's supply of the cheapo local beer that's chugged by an alcoholic.
There's probably more profit in a single bottle of Johnnie Walker Blue than an entire month's supply of the cheapo local beer that's chugged by an alcoholic.