Text of video is below. This is a Quora question I was asked and here is my answer. Actual number of products sold is not how these large retailers decide on bringing in new products. It is more about asking: Where else is the product selling and is it successful; Is the product ready [...]
A question that I was recently asked is what are deduct from invoice fees with retailers? For dietary supplement products, what are deduct from invoice fees associated with doing business with Walmart, Target and club stores like Sam's, Coscto and Bjs; how about for grocery chains like Safeway or drug stores like Walgreens? To clarify [...]
I would like to know the process of getting a CPG product into retail stores like Walmart and Target. This is a Quora question. My answer is as follows: Here's the best way to get a product in if you are a new company or have never sold in retail before: Your product has prior sales [...]
To sell to Walmart can be boiled down to the following: Cash and Inventory Retail takes cash. You will have to invest in product inventory that won't realize cash very soon. Expect to pay upfront shelf fees to get your product on shelf. It could be a combination of cash, free product to stock stores [...]
This post is a basic guide to get your product and company ready for retail CPG. Finance Retail takes cash. You will have to invest in product inventory that won't realize cash very soon. Expect to pay upfront shelf fees to get your product on shelf. It could be a combination of cash, free product [...]
