Wallet Share

Wallet Share

The amount that a customer spends at a company, especially when compared to the amount spent by the same customer at other times. For example, if a customer spent $12,000 in 2010 and $15,000 in 2011, a company may be said to have increased its wallet share for that customer by $3,000.
References in periodicals archive ?
Melissa Smith, WEX's president and CEO, said: We believe this will enhance our addressable market opportunity, customer loyalty and wallet share over time, while strengthening our overall value proposition in this attractive, high-growth vertical.
Debit has steadily gained wallet share as consumers shift their spending to this payment type," he said.
Going forward we will continue to increase our market share, through selective growth in our loan book, and to gain wallet share among our target clients.
Service Providers around the world are facing heightened competition as they compete for customer wallet share and loyalty.
While these groups differ greatly in their borrowing levels and wallet share compositions, we also believe their borrowing and wallet shares were likely impacted by each other.
Robert Shafir, co head of Credit Suisse private bank, said that the bank's target was ambitious in terms of expanding its wallet share on the liability side of the balance sheet.
This new Pinsight Touch service is expected to offer a direct path for credential issuers to enable their own branded applications with Near Field Communication (NFC) and to share secured access to those credentials with other trusted applications, creating opportunities for increased distribution and wallet share.
Most managers believe better Net Promoter scores result in better business performance, he added, but that alone doesn't translate into increased wallet share.
Everybody in retail is terrified of Amazon, and they're terrified of losing more wallet share to Amazon," Forrester Research analyst Sucharita Mulpuru said.
Wallet share for the companies representing the airline and hospitality industries was measured by usage, and wallet share for the automotive industry company was measured using current ownership and future purchase intent.
There is a move away from market share to wallet share," National Bank of Abu Dhabi, consumer and elite banking division general manager, Suvo Sarka said.
Building the right BI capabilities is absolutely essential for retailers trying to streamline operational costs and capture greater customer wallet share.