Identify Key Customers: Analyze your customer base to identify the top 20% of customers who generate 80% of your revenue. Focus on nurturing these relationships. Optimize Product Lines: Determine which 20% of products are responsible for 80% of sales and allocate resources to enhance these products. Improve Marketing Strategies: Identify which 20% of marketing efforts yield 80% of the results and concentrate on these strategies. Streamline Operations: Identify the 20% of processes that cause 80% of delays or issues and work on improving them.