Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Grocery Wars

4 Advantages of Charting Your Vitamin Company’s Data

As a vitamin and supplement retailer, you are working to help people become their healthiest, happiest selves. Between creating unique formulas and packaging unique capsules, you are having an impact on so many different individuals around the world.

That being said, the health and wellness industry is incredibly competitive. To continue with a high level of success, you’ll want to continue monitoring your success and understand all the things you can do to reach a wider audience.

For any company looking to improve, you need to harness all the current data you’re getting about your products and customer base. As a vitamin company, you’ll want to constantly be monitoring your overall data and figure out the best way to specialize your offerings or reach the right clientele.

 Research the best way to chart your data effectively and enjoy all the benefits and advantages of these new methods. Here are just a few of the ways prioritizing your data organization can make a big difference for your vitamin company.

1. See what form of vitamins are selling successfully

Customer data gives you as an executive a clear idea of what products are selling successfully and what you may want to pull off the shelves. This is a huge advantage of charting your overall data.

 For example, you may be a vitamin company looking for the best way to package and present your vitamins. You may be trying your turn as a gummy manufacturer that fits great multivitamins, omega-3s, COQ10, and more into your gummy supplements.

 See how people are responding to these nutritional supplements as you decide if you want to offer even more vitamins in this form. By offering different flavors in these high-quality gummy products, you’re seeing how people enjoy the health benefits in new ways. Once you know this sells successfully, you’ll be able to continue growing your custom formulations with the right specifications for your customers.

2. Get clear visuals of the next steps you should take as a company

Charting your company data is a great way to get meaningful visuals that can provide the best overall impact for old or new products. Navigate a competitive market by visually charting customer trends or smart graphs.

 Companies like Lucidpress offer you the freedom to see the exact impact your decisions have on your vitamin company. Whether you’re trying out a new branding tactic or marketing solution, you’ll be able to see how these new products are being received and the trajectory for your success in clear, readable ways.

3. Find your target market and develop the best supplements for them

When you look closely at your company’s data, you can start to track exactly who is interested in your products. Use this with your vitamin company to define other vitamins and supplements you can sell.

.If you notice there are a lot of pregnant women buying multivitamins and fish oil together, you may want to look into creating a specific prenatal vitamin for them. Or if you’re really appealing to a younger demographic, explore different flavors and gummies that they’ll love. These are great ways to appeal to your target audience in a stronger way with your unique products.

4. Understand what marketing tactics are working for your sales team

In the competitive market that is vitamins and supplements, you’ll want to do whatever it takes to stay ahead. Chart your data to see the changes in sales numbers based on different marketing tactics and techniques.

If a big rebrand boosted your numbers, you’ll want to know. On the other hand, you’ll want to be aware of a change that hurts your sales. Stay aware of what’s going on when you chart your vitamin company data in more effective ways.