5 ways to Determine Exclusive Vape Store Customers

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5 ways to Determine Exclusive Vape Store Customers
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Average Order Value
What is it? It is what a customer spends on an
order. It is the key performance indicator
because it offers a business a list of the
exclusive customers who seldom purchase but spend
plenty of money when they do. Often, these VIPs
spend more at once than the regular customers
buying frequently. It also enables focussing on
their most bought products.
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High-Profit Purchases
It is a kind of purchase a company makes on a
product line that barely goes on sale but earns
the most profit. The store can consider the
customers buying these products exclusive
customers. A vape store can track such customer
types to determine the VIP customers contributing
to the maximum profit. Providing them discounts
and incentives works as an encouraging factor.
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Customer Lifetime Value
It is the best key performance indicator for e
juice stores near me in identifying exclusive
customers. It is the overall money a customer
will invest buying products from a vape store
from the start until the end. Business owners or
their vape marketing agencies can use different
resources and calculators to calculate Customer
Lifetime Value. You can check online for such
calculators.
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Product Purchase Types
There are a few more product types to know about
to locate exclusive customers for a vape store.
Some of these products are - the least expensive
in terms of storing, marketing, and consisting of
the highest margins. E juice stores near me
pinpoint these product types and discern the
customers who regularly purchase these products.
This help identify potential VIP customers.
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User-Generated Content, Reviews, and Referrals
These are not key performance indicators.
However, reviews, referrals, and customer-created
content serve as crucial pointers in identifying
exclusive customers. These customers usually have
a massive social media presence and following and
can be the brands unofficial ambassadors. Find
them by offering unique referral codes to
customers. It enables learning which customers
generate the most leads of referrals.
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Thank You
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