Share Of Wallet

B2 16+

Pronunciation: /ʃɛr ʌv wɑlɪt/

Definitions of share of wallet

noun a person's or company's portion of a customer's spending in a particular market or industry

Example Sentences

A1 I only have a small share of wallet left after paying my bills.

A2 As a student, I have to be careful with my share of wallet and budget wisely.

B1 The company's goal is to increase their share of wallet by offering more products and services.

B2 The marketing team conducted a survey to understand their customers' share of wallet.

C1 Analyzing the share of wallet can provide valuable insights into consumer behavior.

C2 The company implemented a loyalty program to increase their share of wallet among existing customers.

Examples of share of wallet in a Sentence

formal The company's goal is to increase their share of wallet by offering a wider range of products and services.

informal If you shop at that store often, they'll probably get a bigger share of your wallet.

slang I can't believe how much of my wallet that new video game took a share of.

figurative His charm and charisma have a way of capturing a share of people's emotional wallet.

Grammatical Forms of share of wallet

past tense

shared

plural

shares

comparative

more shared

superlative

most shared

present tense

shares

future tense

will share

perfect tense

has shared

continuous tense

is sharing

singular

share

positive degree

shared

infinitive

to share

gerund

sharing

participle

shared

Origin and Evolution of share of wallet

First Known Use: 1989 year
Language of Origin: English
Story behind the word: The term 'share of wallet' originated in the field of marketing and business strategy to refer to the portion or percentage of a customer's total spending that a company captures.
Evolution of the word: Initially used in the context of measuring customer loyalty and market share, 'share of wallet' has evolved to encompass a broader understanding of customer value and retention strategies in the business world.