If you are a supplier in the food and drink industry, then the key to your success is the way that you market your products to potential customers. At the same time it is likely that your core skills are in manufacturing and product development, and less so in marketing. You may consider looking outside your own company for assistance in this area.
There are a number of field marketing agencies around who offer the kind of service you require, to optimize your opportunity of success. Here are the factors you should consider when choosing the company that is most likely to deliver that success.
-Experience and capability in the Grocery Multiples, Cash & Carry, Wholesale and Impulse sectors. This cross-sector competence offers you the opportunity to widen your products' influence to the greatest possible extent.
-A track record in setting standards by being a results-driven organisation in terms of market share growth and sales turnover. Look carefully at the company's existing clients and their success stories.
-The extent to which full-time sales specialists are utilized. Many agencies use part-time staff for this purpose. The intent should be to manage your brands to an agreed development strategy to ensure that they receive maximum exposure thereby achieving the sales potential the products deserve. That means full-time focus and attention.
-The use of information systems, both online and offline, to ensure that you will be kept up to speed on rate of sales, stock controls, the efficacy of promotional activity and the latest market trends. This is a key differentiation factor, particularly with the increasing availability of online systems and mobile technology.
-Comprehensive sector coverage. Find out how many calls are being made to major customers.
The typical services you should expect from a field marketing agency are as follows:
-Ensure that your products are consistently stocked in all relevant stores
-Monitor rate of sale, shelf space, capacity to ensure optimum stock levels
-Ensure that available warehouse stock becomes shelf stock
-Monitor and ensure stores carry out agreed sales promotional programs
-Present new products and initiatives to relevant regional decision makers
-Provide targeted support for your brand's activity
-Create and execute tactical sales opportunities for your brands
If we consider each sector in turn, the unique functions offered should include:
Retail
-Product Distribution:
Adherence to compliance
Efficient new line distribution
Rectification of out of stock and depot supply issues
-Product display:
Head office promotional compliance
Local display initiatives
Dual siting on relevant products
Additional shelf space for faster selling lines
-Merchandising/POS:
Siting of POS Sales Aids/Display Units
Fixture merchandising to rectify off sale
-Competitor Intelligence:
Fast track feedback on all areas affecting sales
Distribution/Space monitor on your lines
Retail Pricing monitor
Cash & Carry
-Direct Order Negotiation
-Indirect Compliance:
Ensure product distribution in depots via central distribution depots
-Promotional Compliance:
Generate 100% compliance on promotional activity
-Merchandising Support:
Improvement in availability and Fixture Space
-Point of Sale Information:
Accurate and up-to-date sales information to assess efficacy of marketing activity
Foodservice
-Direct Order Negotiation:
-Indirect Compliance:
Ensure H.O. listings are carried by local distribution depots
-Blitz Ra-Ra days:
Increase sales achieved through planned activity in Key Foodservice depots
-End User Contact:
Specific activities in the key 'end-user' accounts
Impulse
-Product Distribution drives:
-Targeted/Focused activity:
New Product Development launches targeting relevant outlets
-Specialist store coverage option:
Off Licence, CTN, Sandwich outlets, etc
-Merchandising support/POS:
Product placement in good, visible locations
Siting of POS/Sales Aids and support promotions
-Competitor Intelligence:
Accurate fast track feedback on competitor activity
As you can see, there is a high level of complexity in this field of operations. It is certainly worth considering the out-sourcing of this part of your business to a competent third party, but this requires careful analysis of the factors that will influence success.
Food And Drink Industry
Food and Drink Services Industry is one of the fastest growing industries all over the globe. These days, Hotels, Restaurants and Bars are attracting investors as a beneficial investment option. That is due to growth of tour and travel industry as well as increased leisure activities of people. They love to spend their leisure timings in outdoor sports, dining and partying outside their homes. Specially, frequency of such activities increases during weekends.
According to a research carried out in Canada, the average household spent $3,279 on food and alcohol from restaurants in 2006. That's about 2.7% of total income and about 22% of the household food expanses. Foodservice is one of the largest and most dynamic industries in Canada having annual sales of more than $41 billion and representing 4% of Canada's gross domestic product.
Internet Usage Statistics in Canada
A study in year 2002 clearly states that, Canadians are the second most active web-surfers in the world, with 56% of the population going online. More than half of all Canadian households have at least one occupant who is a regular Internet user, 28% of Canadian households have a member who has work Internet access while 20% have an occupant with school access, 78% of Canadian households have dial-up access.
Internet is an integrated part of Canadian lifestyle. They look at Internet for all kinds of queries or information. Even food and drink industry is affected due to this trend. Canadian users search for restaurants in their particular area of interest. So, online presence for a restaurant is a positive point from business and sales perspective of that restaurant. Several Canadian Restaurant Chains are having their own websites, even popular individual restaurants are online, and restaurants that don't have a website put their information on a food guide or community website.
Websites as Dining and Drinking Guides
People are conscious about their diverse dining habits. They love to explore new restaurants, new dishes, new flavors, as well as new drinks. We understand the value as well as need for dining and drinking guide websites when we visit new places. In that case we don't know where to stay, where to eat or drink, what to choose from menu, as well as the specialties of specific restaurant joints. There are chances to miss the most delicious, yummy, as well as exclusive dishes of that specific region due to unawareness. So, if we add a little effort in knowing about these things that will increase our leisure experience.
There are 100% chances that you'll find a restaurant guide website for any particular area in Canada. Just look for them, and enjoy completely renovated dining experience.
Both Gordon Houston & Oh Yummy are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Gordon Houston has sinced written about articles on various topics from Marketing, Management. Gordon Houston is Operations Controller with RSS Ltd. RSS is one of the leading independently owned Field Marketing Agencies in the UK with a wealth of experience in the Grocery Multiples, Cash & Carry, Wholesale and Impulse sectors.. Gordon Houston's top article generates over 1600 views. Bookmark Gordon Houston to your Favourites.
Oh Yummy has sinced written about articles on various topics from Marketing, First Date and Skin Care. Ohyummy.com is a Unique Restaurant Information Service Provider, complete Restaurant Review and Guide, Ideal Platform between Restaurants and Diners. For more information, visit:. Oh Yummy's top article generates over 1600 views. Bookmark Oh Yummy to your Favourites.
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