Customer Lifetime ValueRFM & Segmentation

How to Find Value Shoppers and Calculate Their Value

First published Jan 20, 2023Updated October 20, 20269 min read
Valentin Radu, Founder and CEO of Omniconvert
Valentin Radu
Founder & CEO, Omniconvert · Author, The CLV Revolution
Published: Jan 20, 2023Updated: Oct 20, 2026
Reviewed by Cristina Stefanova, Head of Content
Value shoppers: a magnifying glass picking out one blue customer holding a discount coupon in a crowd of shoppers
Quick Answer
Value shoppers are customers who buy mainly on price: they compare offers, collect coupons, wait for discounts and stock up when a deal looks good. Price shapes online buying widely: leaving aside shoppers who were just browsing, 40% of US online shoppers who abandoned a cart did so because extra costs were too high [Baymard Institute, 2025]. This guide shows how to find value shoppers in your order data, how to calculate their value with AOV and margin, and how to sell more to them without losing profit.
Key Takeaways
  • Define value shoppers by behavior: they buy mainly on price, use coupons, buy in bulk and switch brands for a better deal.
  • Calculate each customer's discount share across several orders, so one coupon from a code site does not mislabel a full-price buyer.
  • Compare average order value in promotion months with regular months to see how strongly a customer responds to price.
  • Measure value shoppers by gross profit, not revenue: a 67% rise in AOV can add only 11% in gross profit when a discount cuts margin.
  • Layer RFM segmentation on top, because frequent value shoppers can be among your most valuable customers.
  • Sell to value shoppers with bundles, free shipping thresholds and bulk pricing that raise order value and protect margin.
  • Test every offer for value shoppers as a hypothesis before you roll it out to the whole segment.
2,500+ brands use Omniconvert 70,000+ experiments run 13 years of CRO expertise 40% of US cart abandoners blame extra costs, excluding those just browsing [Baymard Institute, 2025]

Value shoppers are customers who buy mainly on price. They compare offers, collect coupons, wait for discounts and stock up when a deal looks good. You find them in your order data, not in a persona workshop: look for customers who order with a discount again and again, and whose order value rises when a promotion runs.

This guide explains what value shoppers are, where they fit in customer segmentation, how to find them, how to calculate their value with average order value and margin, and how to sell more to them without losing profit. Omniconvert Commander (formerly Nexus), the AI eCommerce growth engine, does the segmentation and profit side of this work from your store data.

What are value shoppers?

Value shoppers are defined as customers whose purchase decisions depend mainly on price and on how much a purchase saves them, with features and brand in second place.

You have probably heard of "value for money": what people expect to get from a product or service in exchange for the price they pay. But value is a slippery idea. Do people value the price, the features, or the way a product fits into their lives?

In a Harvard Business Review article, James C. Anderson and James A. Narus captured the idea in one equation:

(Values - Prices) > (Valuea - Pricea)

Values and Prices are the value and price of the supplier's offer, and Valuea and Pricea are the value and price of the next best alternative. The difference between value and price is the customer's incentive to buy. Put simply, the incentive to buy your offer must be bigger than the incentive to buy the next best alternative.

However a store frames its prices and value statements, some customers will always care most about the price. Those are value shoppers. They typically:

  • Compare prices online and offline, and spend time doing it.
  • Collect coupons and hunt for discounts before they buy.
  • Buy in bulk and stock up when they feel they got a good deal.
  • Go further to save: they will drive past the nearest grocery store to save a few cents.
  • Switch brands easily: they may like a pricier product but still pick the cheaper alternative.
  • Stick to a budget, whatever that means for the rest of their shopping behavior.

For a value shopper, a purchase is good when it saves money. That makes price the first lever to read, and the first lever to test.

Where value shoppers fit in customer segmentation

Most segmentation frameworks group shoppers by mindset or usage. Value shoppers are grouped by a single criterion: the value of what they buy and the price they pay for it.

There are many ways to approach customer segmentation. Benefit segmentation tells you why someone buys a product. Usage segmentation sorts customers by how much they use it: heavy, medium, light or occasional users. Interests and psychographics paint a fuller portrait of your ideal buyer.

Lifestyle frameworks such as the Minerva model, GfK's Roper Consumer Styles and the values and lifestyles (VALS) framework describe the mentality of shoppers: their emotional drivers, and the hopes they project onto what they buy. Value shoppers appear in each of them, under different names.

Source: Omniconvert, based on the Minerva model, NIQ Roper Consumer Styles and the VALS framework
Framework How it groups shoppers Closest match to value shoppers
Minerva model (Henrik Dahl, Denmark) Two axes: modern to traditional, and idealistic to pragmatic The traditional, pragmatic side of the map
Roper Consumer Styles (GfK, now NIQ) Eight segments by values, attitudes and tech affinity The thrifty "Rooted" and the security-minded "Easy Going" segments
VALS Eight types by primary motivation and resources "Strivers" and "Survivors"

NIQ, which now runs Roper Consumer Styles, describes the Rooted segment as consumers who "tend to be thrifty" and the Easy Going segment as "most concerned about financial security" [NIQ, 2024]. These maps say a lot about psychology and little about shopping behavior. For a store, the useful question is behavioral: what do these customers buy, at what price, and when? That is where behavioral segmentation takes over.

Why value shoppers matter: are they your most valuable customers?

Value shoppers can be among your most valuable customers when they return often and buy at a margin you keep. They are not when they buy only on deep discounts.

Every store needs to know which customers bring it the most value. Some teams focus on high spenders, others on value shoppers. Value shoppers earn their place for one reason: if you identify them correctly and keep them satisfied, with good deals and affordable upsell and cross-sell offers, they come back for more. In many stores they are a large group, so check how big the group is in your own data before you plan around it.

To sell to them well, learn their path to purchase: the messages they respond to, the moment they decide to buy, the occasions when they use coupons and the best time to make them an offer. Then compare them with your other groups. The steps to identify your best customers apply here too, and together all your segments make up your customer equity.

Source: Omniconvert
Segment What triggers a purchase Main risk How to keep them
Value shoppers A lower price, a coupon, a bundle or a bulk deal Discounts that erase your margin Offers that raise order value: bundles, bulk prices, free shipping thresholds
High spenders Quality, brand, convenience Poor service or a weaker product range Service, new products, early access
Loyal full-price customers Habit and trust in the store Being trained to wait for discounts Loyalty perks that do not cut the price

How to find value shoppers in your store data

To find value shoppers, export your orders with the price paid and the discount used, calculate each customer's discount share, and compare their order value in promotion months with regular months.

Your analytics tool can show how much each customer spends, and campaign tracking shows which purchases came from a discount campaign, as long as a UTM link ties each order to its campaign. Combine both in five steps.

  1. Export order-level data
    For each order, keep the customer ID, date, products, list price, price paid, discount code and campaign source (UTM). Use at least twelve months, so seasonal sales do not distort the picture.
  2. Calculate each customer's discount share
    Discount share is defined as the number of a customer's orders placed with a discount or coupon, divided by their total orders. Look only at customers with three or more orders.
  3. Compare promotion months with regular months
    Calculate each customer's average order value in months with a promotion and in months without one. Value shoppers buy noticeably more when a deal runs.
  4. Check what they buy
    Look at the product mix: cheaper alternatives, bulk packs, products on sale. Compare it with the products that carry your margin, as in the guide to finding your most profitable products.
  5. Add recency and frequency
    Score the group with RFM segmentation. A value shopper who orders every week is a different customer from one who appears once a year for a sale.

The mistake practitioners make most often here is to label every customer who used a coupon as a value shopper. Coupon codes leak to code sites and browser extensions, so many full-price buyers type one in at checkout because the field is there. Tag them as value shoppers, send them more discounts, and you train customers who would have paid full price to wait for the next code. Your margin falls and your "value shopper" segment looks bigger than it is. One coupon is an event; a discount share above half across several orders is a pattern.

How to calculate customer value for value shoppers

There is no universal formula for value shoppers. Track each customer's average order value over time, compare promotion and regular months, and multiply revenue by margin to see what they are worth.

Start with the formula you already use to measure shopper value: average order value (AOV), calculated per customer and filtered by period. Average order value is defined as the total revenue from a set of orders divided by the number of those orders.

AOV per customer = Total revenue from the customer ÷ Number of orders the customer placed

Take an online grocery store that sells both premium foods and cheaper staples. One customer buys once a week. In June, a regular month, they place 4 orders worth $150 in total:

$150 ÷ 4 = $37.50 AOV in June

In September the store runs a strong discount on premium foods, a bundle deal and bulk prices on some products. The same customer still orders once a week, but spends more:

$250 ÷ 4 = $62.50 AOV in September

AOV rose by 67%. Now apply the filters: what changed in their product choices, which offers they used, when they used them, and what stayed the same. If their buying rhythm held at once a week, which orders contained their usual products and which contained the premium ones?

Then add margin, because a discount lowers it. The numbers below are illustrative.

Source: Omniconvert, illustrative example
Month Orders Revenue AOV Gross margin Gross profit
June (regular)4$150$37.5030%$45
September (promotion)4$250$62.5020%$50

A 67% rise in AOV added only $5, or 11%, in gross profit. Had the discount cut margin to 15%, September would have earned $37.50, less than June. This is why you calculate customer value for value shoppers in profit, not revenue. For a long-term view, use the lifetime version of the calculation, explained in the CLV formula and calculation:

Customer value = AOV × Orders per year × Customer lifespan (years) × Gross margin

This is a simplification, but you get the point. The opposite result is also useful: if a value shopper's AOV does not rise, whatever offers you make, the offers were either badly targeted or wrong for the category they buy. Either way, you learn their preferences and the best time to offer them a deal, an upsell or a cross-sell. The full method is in the customer lifetime value guide.

How to sell more to value shoppers without eroding margin

Sell more to value shoppers with offers that raise order value while they save: cross-sells, upsells, free shipping thresholds, bundles and bulk prices.

Cross-selling

Recommend products related to their last purchase or their purchase history. The guide to cross-selling and upselling strategies covers the placements that work.

Upselling

When they add a product to the cart, suggest a similar one at a slightly higher price and with clear extra benefits. For a value shopper, the extra benefit must read as savings: a bigger pack at a lower unit price works better than a premium version.

Free shipping

Extra costs are the top reason shoppers abandon a cart: 40% of US online shoppers who abandoned one, leaving aside those just browsing, named extra costs that were too high [Baymard Institute, 2025]. A free shipping threshold just above your current AOV removes that cost and raises order value at the same time.

Bundle deals

Combine related products into a bundle at a better price. Product bundling gives value shoppers the saving they look for and moves products you want to sell.

Bulk discounts

Value shoppers stock up when a deal is good. Price by quantity, so the discount grows with the order and your margin per order holds. More ways to raise order value are in the guide to increasing average order value.

Plan the calendar too. A clear eCommerce discount strategy decides when value shoppers get an offer, so promotions do not run so often that they become the normal price.

Omniconvert Commander calculates True Profit per order and per customer, so you see whether a discount segment earns you money.

See how Omniconvert Commander works →

Real-world example: testing offers before you scale them

Every offer for value shoppers is a hypothesis. AliveCor used structured A/B testing to lift its conversion rate by 21% and revenue per visitor by 5% [Omniconvert, AliveCor case study].

A bundle, a shipping threshold or a bulk price can raise order value or simply give margin away. The way to know is to test it on part of your traffic before you roll it out. AliveCor used Omniconvert to run a structured A/B testing program and achieved a 21 percent lift in conversion rate, a 5 percent lift in revenue per visitor, and 94 percent statistical relevance across their experiments [Omniconvert, AliveCor case study]. Revenue per visitor is the number to watch for value shoppers, because it shows whether an offer earns more from the same traffic or only shifts the same spend into cheaper orders.

How Omniconvert Commander helps you find value shoppers

Omniconvert Commander groups customers into RFM segments and calculates True Profit per order and per customer, so you see which price-led customers are worth your offers.

You can find value shoppers by hand: follow your store analytics closely, export orders and make the correlations yourself. Or let Omniconvert Commander do the work. It uses your customer intelligence data to group customers into RFM segments, and it calculates customer lifetime value and True Profit per order and per customer. That tells you which segments buy at a profit and which buy only when you pay for it.

Omniconvert Commander then pushes the segments directly to Meta Ads, Google Ads and Klaviyo. Your profitable value shoppers get bundles and bulk prices, your high spenders get new products and service, and nobody gets a discount they did not need. If value shoppers are your best shoppers, understand them and serve their preferences.

Value shoppers FAQs

1What are value shoppers?

Value shoppers are customers who buy mainly on price. They compare prices online and offline, collect coupons, wait for discounts and stock up when a deal looks good. Features and brand come second, so they switch to a cheaper alternative easily. For them, a purchase is good when it saves them money.

2Are value shoppers your most valuable customers?

They can be. Value shoppers who order often, at a margin you keep, can be among your most valuable customers, because they return for every relevant offer. Value shoppers who buy only on deep discounts are not, because each order earns little or loses money. Measure their gross profit over time, not their revenue, before you decide.

3How do you find value shoppers in your store?

Export your order data with the price paid, the discount code and the campaign source for each order. Calculate each customer's discount share (the share of their orders placed with a discount) and compare their average order value in promotion months with regular months. Customers with a high discount share across several orders, who buy more when a deal runs, are your value shoppers. Add RFM segmentation to see which of them return often.

4How do you calculate customer value for value shoppers?

Start with average order value per customer: their total revenue divided by their number of orders, month by month. Then multiply revenue by the gross margin of each order, because discounts lower margin. A customer whose AOV rises from $37.50 to $62.50 in a promotion month can earn you only $5 more gross profit if the discount cuts margin from 30% to 20%. For a long-term view, use average order value times orders per year times gross margin.

5What is the difference between value shoppers and high spenders?

Value shoppers buy on price: they respond to discounts, bundles and bulk deals, and they switch brands for a better price. High spenders buy on quality, brand or convenience: they place larger orders, pay full price more often and care less about discounts. Both groups can be profitable. Value shoppers need offers that protect your margin, while high spenders need service and products that justify the price.

6How does Omniconvert Commander help you find value shoppers?

Omniconvert Commander is an AI eCommerce growth engine that groups your customers into RFM segments from your store data and calculates customer lifetime value and True Profit per order and per customer. That shows which price-led customers earn you profit and which only buy at a loss. Omniconvert Commander then pushes the segments directly to Meta Ads, Google Ads and Klaviyo, so each group gets the offers that suit it.

Read the Pattern, Not the Coupon

Start with one export of your last twelve months of orders. Calculate the discount share and the monthly AOV of every repeat customer, and mark as value shoppers only those who buy on price again and again. Then put a gross margin next to every order, so you see which of them earn you money.

Build your next offer for the profitable group first: a bundle, a free shipping threshold or a bulk price, tested before it goes to everyone. See how Omniconvert Commander measures the value of each segment.

Valentin Radu, Founder and CEO of Omniconvert
Founder & CEO, Omniconvert
Valentin Radu is the founder and CEO of Omniconvert. He is an entrepreneur, data-driven marketer, CRO expert, CVO evangelist, international speaker, father, husband, and pet guardian. Valentin is also an Instructor at the Customer Value Optimization (CVO) Academy, an educational project that aims to help companies understand and improve Customer Lifetime Value.

A discount segment is only as good as its margin. See how Omniconvert Commander measures profit per customer.

See Omniconvert Commander →

Know which price-led customers earn you profit

Omniconvert Commander builds RFM segments from your store data, calculates customer lifetime value and True Profit per customer, and pushes the segments to Meta Ads, Google Ads and Klaviyo. Give each group the offer that pays.