A car salesman has three prospects, all of whom own 6-year old cars. One is a 4-person family with $6,000 income; the second, a 6-person family with $8,000; the third, a married couple earning $5,000. On the basis of spending capacity alone, which is the best prospect?The author of this article shows that the total-income criterion, commonly used in marketing research, yields the wrong answer.
CITATION STYLE
Semon, T. T. (1962). Family Income and Spending Capacity. Journal of Marketing, 26(2), 26–30. https://doi.org/10.1177/002224296202600205
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