Preferred Customer

A preferred customer is a designation given to a customer who spends a certain amount of money with a company or makes frequent purchases. The criteria for becoming a preferred customer vary by company. For example, some companies may require customers to spend $500 in order to become a preferred customer, while others may set the threshold at $1,000. Once a customer meets the requirements, they typically receive special perks such as discounts, early access to new products, and free shipping. Some companies also have tiered preferred customer programs where customers who spend more money receive even greater benefits.