CANADA / US FOOD PRODUCT LAUNCH
PROJECT REVIEW, PLAN DEVELOPMENT AND ADMINISTRATION
OBJECTIVE:
BRANDAID Food's services are designed to
target the needs of organizations wanting to get products listed with major
food retailers in Canada and/or the US. We always list under the assumption
that the deliverable is a successful listing and this involves not only getting
a product included on a retailer's product listing but also insuring the
product stays listed.
ASSUMPTIONS:
Attached you will find a detailed breakdown of the steps
that can be required when listing and launching a new product. In putting this list
of steps together we made a number of assumptions. The necessity of all these
steps being carried out by BRANDAID Food is reliant upon your client and their
level of experience and extent of resources they have available to deploy to
the successfully implementation of a retail listing/launch.
- Retailer has not experienced conducting a listing/launch with a major Canadian or US food retailer.
- "listing" comprises not only getting a product included on a retailers product listing but also insuring the product stays listed and this requires the vendor to develop and deliver the product's in-store launch program (i.e. test marketing, promotions, POS strategy, logistics setup and execution etc.) and merchandising strategy. The attached itemizes the steps involved in this listing program.
- BRANDAID Food will be responsible for not only the development of the "listing" program but also the execution of all facets of the project as detailed.
The budget for a listing project varies depending on what
steps in the execution of the listing project the client is prepared to
undertake and capable of executing internally. Phase 1 as shown in the
attachment is critical to establishing the definitive budget for any given client.
In this "Client Review" phase BRANDAID Food's consultants review the
client's state of readiness to submit a product to a retailer for listing. We
know from extensive experience what the retailer will be looking for at the
outset in order for the vendor to even qualify to submit a new product or SKU
to the retailer for review.
PHASE
1 "CLIENT PRE-ENGAGEMENT REVIEW":
This is a mandatory first step in any listing
project. Before reviewing any new product the retailer will need to be
satisfied that various certifications are in place, insurance has been secured,
the vendor has the capability in terms of budget, expertise and planning to
execute a successful product launch and merchandising program. The retailer
will want to conduct a site inspection of the vendor's warehousing, productions
facilities etc.
BRANDAID Food will verify how ready the vendor is to
submit a new product and, as required, itemize what needs to be done to get the
vendor prepared to make a submission to any specific retailer.
Examples of the review include:
·
Value proposition, competitor advantages, product positioning
·
Listing Fees, labeling, nutritionals
·
Promotional Funding, Trade, Promo & Deduction Management
·
HACCP,
Global Gap, etc.
·
Warehousing, Storage, Handling
·
Pallet and Returnable Container Tracking
·
Budgets – Branding, Marketing , Supply/Logistics
In all cases, strategies
for dealing with deficiencies will be developed.
Contact us for a quote.
PHASE 2 "MARKETING PLAN PREPARATION AND DELIVERY":
The budget for this stage is influenced by
the possibility that certain elements of the marketing program (e.g.
packaging design and mock-up production, ad creative, marketing materials
design and production) will need to be outsourced. These costs can be
limited by the client's internal marketing resources and capabilities.
Examples of this include:
·
Store checks - product and shelf facings
·
Competitor Analyses
·
SWOT analyses, pricing, features, conclusions
·
Store checks for product and shelf facings
·
EDI setup
·
GS1 listing
·
Branding strategy
·
Package design
·
Sales strategy
·
Promotional program
·
Test marketing
·
Launch strategy
Contact us for a quote.
PHASE 3 & Beyond "BROKER
PLAN, SUPPLY LOGISTICS, CLIENT PRESENTATIONS":
The budget for this stage is influenced by
the possibility that certain elements (e.g. POS materials design,
production and setup; in-store demonstrations and promotions; test market
sampling) will require outsourcing. Once again these costs can be limited by
the client's internal resources and capabilities.
Examples include:
·
Broker set up
·
Supply chain logistics
versus forecasting
·
Continue head office liaison
with plant production and sales
·
Execute Launch strategy
For all phases, more detailed budget
breakdowns itemizing specific details regarding tasks and hours are available.
Contact us for a quote.
Contact us for a quote.
Contact:
Bruce MacDonald
Chief Executive Officer
(647) 244-1063
The book is available on Amazon and Kindle for $4.99 USD. Visit amazon/Kindle to order now:
http://www.amazon.ca/Social-Media-Marketing-Agri-Foods-ebook/dp/B00C42OB3E/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1364756966&sr=1-1
Thanks for taking the time
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