Moneris Insights - View the Customers Page
Table of Contents
Procedure
Overview
The Customer page contains valuable data about the customers who have processed credit or debit transactions at your business. This data includes:
- number of new and returning customers, and their respective average spends and total sales
- customer location and demographic information
- customer spending trends
- where customers spend money before and after they visit your business
- customer goals
Customer Counts
Moneris Insights - Customer Counts
At the top of the page, you can see the quantity of unique customers who visited your business and paid with credit & debit cards so far this week. The number of Unique customers and Total customer visits values change from day to day with traffic and transactions processed.
Note: These customer counts will not display customers who paid cash, or bought nothing at all; values are calculated based on transactions that used Moneris as the payment processor. Unique customers are defined by the payment card they used when processing transactions. For example, if the same customer visits you on Monday, Wednesday, and Friday to purchase something and they use the same card, they are counted as 1.
Customer Location and Demographics
Moneris Insights - Customer Location and Demographics
This section derives its data from a combination of sources, including federal census data, card issuer data, and Moneris transactional data from other Moneris merchant categories in your area.
Across the top of this section, you can see the top three sales areas organized by postal code prefix. These areas are also displayed on the map that appears below. You can see the percentage of sales and customers that come from each postal code based on anonymized cardholder data.
On the screen, the Customer details section shows customers who used a credit/debit card at your location who are from the selected postal code/area. If you select a different area on the map, these numbers will dynamically update to reflect the data from the newly selected postal code/area. It also shows the percentage of your total sales which come from this area, as well as the percentage of your business' customers.
The Demographics section draws data from the last federal census, which captures average resident age, population totals, and average annual income. If you select a different area on the map, these numbers will dynamically update to reflect the data from the newly selected postal code/area.
The Where locals shop section is drawn from Moneris transactional data based on merchant categories, and displays the top 3 categories of Moneris merchants in your area based on % of spend. In the screenshot here, you can see that locals living in this area spend money at retail, restaurants, and on healthcare services. If you select a different area on the map, these numbers will dynamically update to reflect the data from the newly selected postal code/area.
These customer demographics can also be viewed for the previous 3 months or the previous 12 months. The default view is from the previous month. You can adjust your view by clicking the Last month drop-down menu and selecting a different time frame.
You can also zoom out to look at all of Canada, all of your province, all of your city, or drill down into specific city neighbourhoods. You can do this by using the Zoom to: options across the top of the map, or by clicking within defined borders.
Note: You can also zoom in and out on the map by clicking the zoom buttons () in the bottom right corner on the desktop version, or by pinching and zooming on a mobile device.
Customer Count and Financials
Moneris Insights - Customer Count and Financials
This section ties customer counts with gross and average sales values for the specified timeframe. The New customers number is taken from the first time a credit/debit card is used to process a transaction on a Moneris device. The Returning customers number is taken from credit/debit cards that had been used at your business on a previous date.
Beside the customer counts, you can see average and total sales figures. The average sales are calculated by taking the total sales for New and Returning customers respectively and dividing by the number of respective transactions. For example, if New customers accounted for 25 transactions and did $300 in sales, the average ticket would be $12.
These customer counts can also be viewed for the previous month, previous 3 months, or previous 12 months. The default view is from the previous week. You can adjust your view by clicking the Last week drop-down menu and selecting a different time frame.
Customer Spending Trends
Moneris Insights - Customer Spending Trends
The Customer Spend section displays data on customer spending trends that is drawn from transaction data processed on your Moneris devices. The spending types in the Type column are separated out into High, Medium, and Low spend. The largest transactions (in dollars) processed in the time frame qualify as High.
In the Customers column, these are the customer counts that correspond to spending at the various levels. The Transactions column shows the number of transactions that qualified as High, Medium, or Low spend, and the Average transaction column shows the average spend that qualifies as High, Medium, or Low respectively.
You can adjust the time frame being viewed by clicking/tapping the Last month drop-down and selecting a different period, e.g., last 3 months.
Customer Journey
Moneris Insights - Customer Journey
The data in the Customer Journey section is drawn from transaction data collected by Moneris from other Moneris merchants in your geographic area. The categories you see are merchant types using Moneris devices to acquire credit/debit payment from their customers. The idea here is to look at where your customers are transacting before and after they patronize your business.
For example, if your business is a retail store located in a strip mall, you might see your customers stopping in at the dry cleaners a few doors down, and then the fast food joint in the adjoining plaza after they've shopped with you. This sort of insight will enable you to form reciprocal partnerships with neighbouring businesses to benefit you both, e.g., "Show us you've done your dry cleaning at Bert's Dry Cleaners and we'll give you 10% off your next purchase."
Customer Goals
Moneris Insights - Customer Goals
The Your customer goals section of the screen shows your progress towards your goal of increasing your customer base. This is derived from the Customer Goals you set up in the Goals section, and transactional data captured by your Moneris device. You have the option to create a new goal or to view all goals respective buttons).