CONTACT USNew Mexico Recreational Dispensary Owners: Do you want to grow your business and get more loyal customers?
The cannabis industry grows and gets more competitive as New Mexico approves more licenses. If you want to grow your dispensary, make sure you are investing into marketing that is legal and effective.
In a few minutes you’ll get a better understanding of strategies you can use to increase your dispo’s revenue.
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The cannabis industry makes it complicated to advertise because it is illegal under federal law. This makes it hard to run ads on popular marketing channels like Google and social media without getting banned. Which means you need to find other marketing strategies to get around this.
We have developed a system of marketing strategies that works specifically for dispensaries that want to grow. We focus on two main objectives that drive more revenue to your dispensary.
Social media is a great way to communicate with your existing customers. But, it’s risky to ONLY focus on social media marketing to get new customers.
Social media companies are ready to ban your account for any violation of their terms of service. If you use the strategies we’ll mention, you won’t have to worry about starting from zero if your social media page gets banned.
This 3-step system focuses on achieving the two objectives mentioned earlier: get new customers and increase how often and how much customers buy. If you take the time to put these strategies in place and do it right, you’ll see success.
To attract more new customers to your dispensary you have to be present where customers search for cannabis products.
Average Order Value (AOV) is the average amount a customer spends on an order. If a customer is already purchasing from you it is easier to upsell or cross sell than it is to get a new customer.
Lifetime Value (LTV) is how much a person will spend during their lifespan as your customer. Building brand loyalty is the best way to keep customers coming back. Very loyal customers will act brand ambassadors and recommend your products to their friends who also use cannabis.
Fill out the form to get our free Complete Dispensary Marketing Guide to learn how you can set up your dispensary for growth step by step. You can also schedule a free, no commitment growth consultation to get tips on what you can improve for your dispensary’s online presence.
