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 ?
While Netflix, with its ever-growing content slate, is the obvious elephant in the room, newer entrants are aiming to grab wallet share as well.
There are actually more titles launching in holiday 2019, but fewer large titles, suggesting gamer wallet share will be more concentrated, Olson tells investors in a research note.
The ultimate objective is to transform Pinterest into a platform where users can shop and spend money and gain wallet share over time.
Sharia-compliant banks such as Emirates Islamic are stepping up efforts to capture the wallet share of digitally savvy customers.
We are present in 60 markets and serve clients in a further 85, this connectivity has helped with increasing wallet share among existing clients and growing New-to-Bank business.
The Doxim Customer Engagement Platform helps clients communicate reliably and effectively, improve cross-sell and upsell opportunities, and drive increased loyalty and wallet share through personalized communications.
With nearly 250 customers across multiple countries, nCino enables financial institutions of any asset size to operate more efficiently, while also delivering greater wallet share and exceeding customer expectations.
But banks are not just vying with each other for consumer wallet share, as both big tech companies and start-ups increasingly engage in financial services.
Our deep industry expertise and capabilities in emerging technologies like NBIoT, Edge Computing, M2M and 5G position us well to capture a higher wallet share of digital engineering spend.
"Future Group has one of India's biggest pool of consumption-oriented customers, and its network connects with customers for a large wallet share and at consistently high frequencies," said Kishore Biyani, Future Group's managing director & group CEO.
Fitch views this strategic approach of capturing client wallet share favorably from a credit perspective.
The result is improved guest loyalty, growth in wallet share and increased revenue as they connect and transact with their guests based upon a single integrated view of individual preferences and interactions.