What Is Your Retail Leverage Factor?
The 5 Components Of The Retail Leverage Factor:
1. Overall Size of Business of Vendor to Retailer
2. Growth Categories of Participation with the Retailer:
3. Innovation Level of Company
4. Margin Dollars and Rate Given to Retailer
5. Consignment or Other Retailer-Incented Sell Through Incentives
More Margin More Retail Problems?
By Benjamin Smith Hand It Over! A retailer asking for more margin? Not shocking – or ridiculous. It’s a free country – you can decide if you want to offer more, or stare them down. Unless they have no respect for you or your brand, in most cases, when they ask for more margin they […]read more
What Is A Shelf Potato?
By Ben Smith The term “Couch Potato” has made it into pop culture, with its own wikipedia listing. So when my friend Doug Garnett mentioned a concept he kept coming back to when describing dud products at retail, “Shelf Potatos”, I knew exactly what he was talking about, and I figure that anybody who is […]read more
Forget Perfection – Just Worry About Good Enough
By Ben Smith So I thought I had come up with this revelation, but apparently I’m not the only one. The good news is that as you read this you’ll likely realize you’ve had the same thoughts too. Type A personalities might want to stop reading now. We are in the age of “Good Enough”. […]read more
Product Specification: A Shield in the Battle Against Private Label at Retail
THIS IS AN EXCERPT; TO READ THE FULL ARTICLE, CLICK ON THE TITLE:
As long as I can remember, only two brands of toothpaste have mattered – Crest and Colgate. I use Crest. Why do I use Crest, you ask? Because, as a very young child, our family dentist used Crest during my annual check-up and he then gave it a tacit recommendation that we should be using it too when he gave me a sample tube of Crest (along with floss and a new toothbrush). From that moment on, my Mother would look for the Crest brand of toothpaste for our family to use. When a brand is either directly or indirectly specified as “appropriate for optimal effectiveness” by an expert or by a complimentary good, then your brand’s ability to wield assortment, pricing, and promotional power at retail increase significantly. Sounds like a recipe for Retail Leverage (or inoculation against private label).
So how do you protect yourself?read more
The Concept Of Retail Momentum: Feed The Beast Or Lose It
THIS IS AN EXCERPT: TO READ THE FULL ARTICLE, CLICK ON THE TITLE.
WHAT IS RETAIL MOMENTUM?
Now look at momentum from a retail perspective. Here at Retail Leverage, we’re defining Retail Momentum as when your sales velocity reaches critical mass. The definition works at all levels – it can occur in a single store, category, retailer, channel, or the entire market. Of course getting your sales to a high level and sustaining them is easier said than done. This is probably a good time to tell you this article isn’t about how to achieve a high level of sales and gain momentum. It’s about understanding Retail Momentum and ideas to keep from losing momentum.read more
The Retail Leverage Principle of Physics – When Two Opposing Brands Are Better Than One
By Vincent Young Most categories at retail have room for a “good-better-best” stratification of category players. In today’s culture at retail, the retailer is predisposed to seek ownership of the “good” position by introducing an opening price-point category alternative under a private label or house brand. As a result, branded suppliers typically feel compelled to […]read more