Skip to main content

Good product in search of enterprising retailer?



I first came across people who called crisps, crips in Dublin when I was working in a pub some 30 years ago. Seeing it as a brand name at a show last week prompted me to ask one question, why didn't someone think of this before.

However, Crips are not crisps but cleverly baked snacks launched three years ago by Karl Traae and his buddy using a patented recipe. They are building distribution by attending trade shows and persuading small multiples, the big grocers and independent food stores to stock the brand.

Newsagents and convenience stores are, however, less likely to try the product than shops that specialise in food, says Mr Traae. Why is this? Perhaps because they are not used to explaining the make up of products that they sell.

"It someone walks into your shop and they have never seen Crips before and see that they are 70p and ask you what this product is about, are you going to be able to explain how it is made and why it is better for you?" he asks.

Which is a good question. Does your shop have to rely on the major suppliers using television to generate consumer demand? Or are you actively working to turn shoppers on to the products that you have selected for them?

Last month, when I saw the new Warburtons pitta snack products and its representative told me that distribution was focussed on the independent channel, I told a local retailer about them and encouraged him to get some in stock. I talk to this shopkeeper all the time and he is still to take me up on the idea.

New products may or may not be a hit with your shoppers. But surely a commitment to try new stuff all the time is an essential part of the joy of retailing?

Comments

Popular posts from this blog

Digital disruption in the UK wholesale space

“Twenty years ago I was driving boxes to the post office in my Chevy Blazer and dreaming of a forklift,” says Jeff Bezos in his most recent letter to shareholders. A blink later and he points out that the company has grown from 30,000 employees in 2010 to 230,000 now. But his ambition is the same. “We want to be a large company that’s also an invention machine. We want to combine the extraordinary customer-serving capabilities that are enabled by size with the speed of movement, nimbleness and risk-acceptance mentality that is normally associated with entrepreneurial start-ups.” Amazon is great at disruption because of its customers focus and the fact that the internet means it needs none (or very few) people between its warehouses and the shopper. The threat of Prime, its membership service, is the biggest challenge facing the UK retail market and the wholesale market by extension. It is both a direct threat and an indirect threat in that is inspiring countless numbers of othe...

Traffic lights: a fuss about nothing

I am sure that FT columnist Michael Skapinker has written about traffic lights food labelling before and his latest article is provocatively called: The food companies that make people fat. He criticises Coca-Cola and Unilever for sticking with guideline daily amounts (GDAs) when traffic lights work much better. Former Walmart Europe public affairs head Bernard Hughes wrote in to support Skapinker. He said: "There isn't ever a perfect information system flowing with beautiful logic. But traffic lights give powerful direction to the busy consumer." But in this age of smart phones surely this debate over the labelling on the packaging is easily overcome. The government can simply issue an app that when held over a bar code provides shoppers with a traffic light system. The supermarkets could do this on their websites. Surely the whole point about the future is that the internet and limitless data storage means that the shopper is being empowered with the informatio...

Think before you delist your slowest seller

Retailers need to introduce new products to provide their shoppers with "good news" and to generate interest. But for each new product that you introduce you need to consider delisting an existing line. Easy, you might think. I will just print out the list of products in the category and take off the one with the lowest sales. However, if you do this research from the US suggest you might be wrong. What you need to consider is what sort of demand you have for each product, a white paper by Demand Tec, a US specialist software provider shows. It says that there are two kinds of sales: incremental sales, when products add to the total shopper spend and are not readily substituted by another item transferable sales, where shoppers find an alternative easily when it is not available. Using its software, it shows a category with 50 products from top seller to bottom seller. At the same time it also measures the incremental sales each product provides. The number 50 in ove...