It is every food entrepreneurs’ dream to have their product listed by traditional grocers. Understandable, given food is a Top 3 basic necessity in life. To that, I would have retired long ago if I had a dollar for every time I have heard the phrase, “If I can just get my product on the […]
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Dollar stores are a well-known entity in Canada. The first store was a Dollarama that was introduced in Quebec in 1992. Two and a half decades later they have become a household name with over 1,200 locations nationally. One of their newest locations is my hometown of Streetsville. It is projected in a few years Canada will […]
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Each year, thousands of ambitious food entrepreneurs start new businesses. In 2018, 11% of small business start-ups were in the food/restaurant business.[i] These entrepreneurs feel bright and full of hope and have the dream of having their products listed by a major grocery retailer. What once may have been a slam dunk, today the challenge […]
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It is every food entrepreneurs’ dream to have their product listed by traditional grocers. Understandable, given traditional grocery, mass and club retailers controlled 85.3% of food grocery sales in Canada as of March 2019.[i] Yet, I have found that many of the businesses I have met, do not have a true understanding of grocers hidden […]
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This past week I went to my local Loblaws for toothpaste. They devote 16’ of shelf space to this category that features 7 different brands and over 50 product offerings. With so much competition regardless of the category, how do the smaller brands compete and stay listed? According to what I have read and heard; […]
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For the past decade, there has been considerable discussion amongst CPG marketers on how to interact with Millennials. Understandable, given their purchasing power (combined, $600B in the US each year)[i], their influence on the food sector and how they have re-shaped today’s food trends. But now there is a new generation. As noted by Mr. […]
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Baby Boomers annual spending power in the United States is $2.3 trillion annually. In Canada, households aged 65 and over had an average net worth of $845,600 in 2016. That’s an 86% increase since 1999 after adjusting for inflation. Despite their wealth, most marketers’ attention has been diverted to the Millennials and Generation Z. This […]
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Food, shelter and clothing are the top 3 basic necessities of life. In fact, food is more than a commodity to be bought and sold. We can’t live without food and it plays a significant role in our culture and daily lives. When you combine retail and foodservice together, Canadians spent close to $200B dollars […]
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The brand is accepted as businesses most valuable asset. Yet, I am confounded by the number of businesses I encounter that spend most of their time and energy on their product offering and not their brand. With the choice’s consumers have, that is unfortunate as the “Keys to Business Success – Distinct Brand Identity”. Many […]
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When I grew up it was customary for our family to gather for family meals. Our Mom was a stay at home mom. She voluntarily gave up her career to take care of my brother and myself. A Pharmacist by trade, as we grew older, she started to volunteer 2 days a week in the […]
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