Food Maker & Small Cap Food Companies - How to grow your retail sales by understanding the mind of the retail food buyer.
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Mind of a buyer presentation keynote09
1. The Mind of a Buyer:
How to deliver amazing growth to your
retail sales in 2015
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Tuesday, November 11, 14
2. Introductions
Dwight Detter
Forager / Buyer
Whole Foods Market
Michel Algazi
Robert Gonsalves
Greg Yudin
Klaus Mager
Food Centricity
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Tuesday, November 11, 14
3. About WFM¡¯s Local
Vendor Program
? Local food systems
? Conscious Capitalism
? Small business empowerment
? Diversity at the POS
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Tuesday, November 11, 14
4. About
Food Centricity & FMH
? Food Business Acceleration
? Food Maker Launchpad
? Food Maker Growth Path
? Food Maker Hub
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Tuesday, November 11, 14
5. 3 Classic Elements of
Food Product Business V01
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Tuesday, November 11, 14
6. 3 Classic Elements of
Food Product Business V01
PLAN
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Tuesday, November 11, 14
7. 3 Classic Elements of
Food Product Business V01
PLAN BUILD
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Tuesday, November 11, 14
8. 3 Classic Elements of
Food Product Business V01
PLAN BUILD GROW
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Tuesday, November 11, 14
10. 3 Successful Elements of a
Food Maker Growth Path Program
Plan
SMART
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Tuesday, November 11, 14
11. 3 Successful Elements of a
Food Maker Growth Path Program
Plan
SMART
Build
STRONG
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Tuesday, November 11, 14
12. 3 Successful Elements of a
Food Maker Growth Path Program
Plan
SMART
Build
STRONG
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Tuesday, November 11, 14
13. 3 Successful Elements of a
Food Maker Growth Path Program
Plan
SMART
Build
STRONG
PRODUCTS
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Tuesday, November 11, 14
14. 3 Successful Elements of a
Food Maker Growth Path Program
Plan
SMART
Build
STRONG
Novice
PRODUCTS
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Tuesday, November 11, 14
15. 3 Successful Elements of a
Food Maker Growth Path Program
Plan
SMART
Build
STRONG
Professional
PRODUCTS
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Tuesday, November 11, 14
16. 3 Successful Elements of a
Food Maker Growth Path Program
Plan
SMART
Build
STRONG
Professional
PRODUCTS
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Tuesday, November 11, 14
17. 3 Successful Elements of a
Food Maker Growth Path Program
Plan
SMART
Build
STRONG
Professional
PRODUCTS
Grow
FAST
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Tuesday, November 11, 14
18. 3 Successful Elements of a
Food Maker Growth Path Program
Plan
SMART
Build
STRONG
Professional
PRODUCTS
Grow
FAST
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Tuesday, November 11, 14
19. 3 Successful Elements of a
Food Maker Growth Path Program
Plan
SMART
Build
STRONG
PRODUCTS
Grow
FAST
Customers
Professional
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Tuesday, November 11, 14
20. 3 Successful Elements of a
Food Maker Growth Path Program
Plan
SMART
Build
STRONG
PRODUCTS
Grow
FAST
Customers
Professional
Never Tried
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Tuesday, November 11, 14
21. 3 Successful Elements of a
Food Maker Growth Path Program
Plan
SMART
Build
STRONG
PRODUCTS
Grow
FAST
Customers
Professional
Always Buying
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Tuesday, November 11, 14
22. 3 Successful Elements of a
Food Maker Growth Path Program
Plan
SMART
Build
STRONG
PRODUCTS
Grow
FAST
Customers
Professional
Always Buying
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Tuesday, November 11, 14
23. 3 Successful Elements of a
Food Maker Growth Path Program
Plan
SMART
Build
STRONG
Professional
PRODUCTS
Grow
FAST
Always Buying
Customers SALES
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Tuesday, November 11, 14
24. 3 Successful Elements of a
Food Maker Growth Path Program
Plan
SMART
Build
STRONG
Professional
PRODUCTS
Always Buying Infrequent
Grow
FAST
Customers SALES
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Tuesday, November 11, 14
25. 3 Successful Elements of a
Food Maker Growth Path Program
Plan
SMART
Build
STRONG
Professional
PRODUCTS
Always Buying Expanding
Grow
FAST
Customers SALES
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Tuesday, November 11, 14
26. 3 Successful Elements of a
Food Maker Growth Path Program
Plan
SMART
Build
STRONG
Professional
PRODUCTS
Growth Path
Always Buying Expanding
Grow
FAST
Customers SALES
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Tuesday, November 11, 14
27. Upcoming Production Resources
for Food Makers in So Cal
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Tuesday, November 11, 14
58. Buyer Lingo
Performance
http://retail.about.com/od/retailglossarya/
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Tuesday, November 11, 14
59. Buyer Lingo
Performance
TPRs
http://retail.about.com/od/retailglossarya/
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Tuesday, November 11, 14
60. Buyer Lingo
Performance
TPRs
Bill-Back
http://retail.about.com/od/retailglossarya/
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Tuesday, November 11, 14
61. Buyer Lingo
Performance
TPRs
Bill-Back
SPIFS
http://retail.about.com/od/retailglossarya/
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Tuesday, November 11, 14
62. Buyer Lingo
Performance
TPRs
Bill-Back
SPIFS
Scan Down
http://retail.about.com/od/retailglossarya/
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Tuesday, November 11, 14
63. Buyer Lingo
Performance
TPRs
Bill-Back
SPIFS
Scan Down
http://retail.about.com/od/retailglossarya/
Non Performance
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Tuesday, November 11, 14
64. Buyer Lingo
Performance
TPRs
Bill-Back
SPIFS
Scan Down
http://retail.about.com/od/retailglossarya/
Non Performance
Off Invoice
Case Stack Down
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Tuesday, November 11, 14
65. Buyer Lingo
Performance
TPRs
Bill-Back
SPIFS
Scan Down
http://retail.about.com/od/retailglossarya/
Non Performance
Off Invoice
Case Stack Down
Free Fill
MCB (Manufacturer
Charge Back)
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Tuesday, November 11, 14
66. Buyer Lingo
Performance
TPRs
Bill-Back
SPIFS
Scan Down
http://retail.about.com/od/retailglossarya/
Non Performance
Off Invoice
Case Stack Down
Free Fill
MCB (Manufacturer
Charge Back)
Hip Pocket Deal
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Tuesday, November 11, 14
69. Buyer Questions
? What kind of promotional support is being
offered?
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Tuesday, November 11, 14
70. Buyer Questions
? What kind of promotional support is being
offered?
? What are the frequency and depth of the
promotions?
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Tuesday, November 11, 14
71. Buyer Questions
? What kind of promotional support is being
offered?
? What are the frequency and depth of the
promotions?
? What is your plan to tell the consumer about
the product? (demos, advertising, public
relation campaigns, social media, etc.)
D
Tuesday, November 11, 14
72. Buyer Questions
? What kind of promotional support is being
offered?
? What are the frequency and depth of the
promotions?
? What is your plan to tell the consumer about
the product? (demos, advertising, public
relation campaigns, social media, etc.)
? Have you put a lot of thought into your
strategy, and are you supporting our efforts by
participating in our programs?
D
Tuesday, November 11, 14
73. Buyer Questions
? What kind of promotional support is being
offered?
? What are the frequency and depth of the
promotions?
? What is your plan to tell the consumer about
the product? (demos, advertising, public
relation campaigns, social media, etc.)
? Have you put a lot of thought into your
strategy, and are you supporting our efforts by
participating in our programs?
? Is the Product presented in an attractive and
concise way?
D
Tuesday, November 11, 14
74. Buyer Questions
? What kind of promotional support is being
offered?
? What are the frequency and depth of the
promotions?
? What is your plan to tell the consumer about
the product? (demos, advertising, public
relation campaigns, social media, etc.)
? Have you put a lot of thought into your
strategy, and are you supporting our efforts by
participating in our programs?
? Is the Product presented in an attractive and
concise way?
? How much existing distribution do you have
with our customers?
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Tuesday, November 11, 14
77. Promotion Ideas
In Store Display
Temporary Price
Reductions
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Tuesday, November 11, 14
78. Promotion Ideas
In Store Display
Temporary Price
Reductions
Case Stack Down
D
Tuesday, November 11, 14
79. Promotion Ideas
In Store Display
Temporary Price
Reductions
Case Stack Down
Coupons
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Tuesday, November 11, 14
80. Promotion Ideas
In Store Display
Temporary Price
Reductions
Case Stack Down
Coupons
Contest and
Sweepstakes
D
Tuesday, November 11, 14
81. Promotion Ideas
In Store Display
Temporary Price
Reductions
Case Stack Down
Coupons
Contest and
Sweepstakes
Demos & Presentations
D
Tuesday, November 11, 14
82. Promotion Ideas
In Store Display
Temporary Price
Reductions
Case Stack Down
Coupons
Contest and
Sweepstakes
Demos & Presentations
Rebates
D
Tuesday, November 11, 14
83. Promotion Ideas
In Store Display
Temporary Price
Reductions
Case Stack Down
Coupons
Contest and
Sweepstakes
Demos & Presentations
Rebates
Premiums
Trade Allowance
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Tuesday, November 11, 14
84. Promotion Ideas
In Store Display
Temporary Price
Reductions
Case Stack Down
Coupons
Contest and
Sweepstakes
Demos & Presentations
Rebates
Premiums
Trade Allowance
Trade Sales
Promotions
Cause Related / Fair-
Trade
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Tuesday, November 11, 14
85. Promotion Ideas
In Store Display
Temporary Price
Reductions
Case Stack Down
Coupons
Contest and
Sweepstakes
Demos & Presentations
Rebates
Premiums
Trade Allowance
Trade Sales
Promotions
Cause Related / Fair-
Trade
Joint Promotions
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Tuesday, November 11, 14
87. Growth
Roadmap
Project
Title
or
Product
Name
1st
Quarter 2nd
Quarter 3rd
Quarter 4th
Quarter
PRODUCT
Product
IntroducCon
New
Channel
Opening
CUSTOMERS MARKETING BUYERS
IntroducCon
of
New
Product
Placement
rollout
Support
Product
introduc1on
with
Promo1onal
buyer
campaign
Social
Targe1ng
to
drive
in
store
purchasing
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Tuesday, November 11, 14
91. PLACE
? Third Party Storage:
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Tuesday, November 11, 14
92. PLACE
? Third Party Storage:
? In Outs
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Tuesday, November 11, 14
93. PLACE
? Third Party Storage:
? In Outs
? Storage
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Tuesday, November 11, 14
94. PLACE
? Third Party Storage:
? In Outs
? Storage
? Pick & Pack
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Tuesday, November 11, 14
95. PLACE
? Third Party Storage:
? In Outs
? Storage
? Pick & Pack
? Freight In / Out
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Tuesday, November 11, 14
96. PLACE
? Third Party Storage:
? In Outs
? Storage
? Pick & Pack
? Freight In / Out
? Backhaul costs (DC to individual
Stores)
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Tuesday, November 11, 14
97. PLACE
? Third Party Storage:
? In Outs
? Storage
? Pick & Pack
? Freight In / Out
? Backhaul costs (DC to individual
Stores)
? Freight Insurance
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Tuesday, November 11, 14
98. PLACE
? Third Party Storage:
? In Outs
? Storage
? Pick & Pack
? Freight In / Out
? Backhaul costs (DC to individual
Stores)
? Freight Insurance
? Temperature Issues
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Tuesday, November 11, 14
99. PLACE
? Third Party Storage:
? In Outs
? Storage
? Pick & Pack
? Freight In / Out
? Backhaul costs (DC to individual
Stores)
? Freight Insurance
? Temperature Issues
? Chain of Custody (FSMA)
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Tuesday, November 11, 14
100. Template - How to Launch a new Retailer Checklist
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Tuesday, November 11, 14