How To Get Into Fresh Foods IGA
Founded in 1904, Fresh Foods IGA is a 14-store grocery chain located in southeastern North Carolina. Fresh Foods IGA is a locally owned and operated grocery supermarket chain in southeastern North Carolina. Fresh Foods IGA stores are community oriented and responsive to the needs of surrounding neighborhoods, and known for many years for the quality of the meats and produce, and competitive prices. Fresh Foods IGA is a family-owned business and the family has been doing running the retail chain smoothly for quite long.
IGA is a U.S. brand of grocery stores that operates in more than 30 countries. Unlike the chain store business model, IGA operates as a franchise through stores that are owned separately from the brand. Many of these stores operate in small town markets and belong to families that manage them. It was founded in the United States as the Independent Grocers Alliance in 1926. The headquarters is in Chicago, Illinois.
The supermarket business in the United States is one that tries to connect with the individual customer. This means, the supermarkets try to address the needs and interests of individual customers. This is by offering local, international, and metropolitan products. You can get spices, meat, wine, food, and so many other food products from this type of store.
A lot of reviews are on line about this store. A customer noted on yelp.com that: “The staff is very friendly and the location is very convenient for the neighborhood. Of course the prices may be a bit higher than the big box stores but this place has that down home feel.”
The retail business is one which requires a lot in place. Little things from customer service, to attention to details, to cleanliness, to the demeanor of the security officer at the door, matters. It can be very surprising that what can make a customer choose not to visit a store is the little dimness in the lighting. This is why retailers should pay attention to every detail. Every mistake or issue sends customers out the door.
For a distributor, this is an established store that can get your products to move as fast as possible. With the awesome varieties they offer and the established customer base, it can be easily deduced that there are customers already dedicated to what they sell. With a loyal customer base and new customers every day, it is highly profitable to get into business with this kind of store.
On the local sourcing of food products, Fresh Foods IGA has been on the forefront of selling locally sourced food products and imported food items. Their wine, spice, and produce selection make them a leader in the retail and grocery business niche. This store has been in the business for years and has its established sourcing angles. Its constant support of local products has helped it cement its brand in the community as people can easily resonate with it.
How to get your product into Fresh Foods IGA
- Understand you client: Before you spend a lot of time and money creating a product, you should know if anyone will want to buy it. Learn more about Market Research
- Learn if it’s protectable: Know if you can defend your product against cheap copies if it gets knocked off. Learn more about Copyright and Patent your product
- Test your product: Make sure that there’s a demand for your product and the customer understands what you are selling when it’s on the shelf and nobody is there to explain it. Learn more about Product Testing
- Perfect your pitch: Before you speak to decision makers, know your numbers, know your retailer and know your logistics in and out. Learn more about Pitching Your Product
- Don’t do it alone: If you haven’t been successful in retail before, a secret of success is that you can’t do it alone. Having great sales staff, customer support and marketing partners can take you from zero to success faster than if you tried on your own. Learn more about Retail Partnerships
Contact Fresh Foods IGA Buyer
Do not trust any “list” of buyers.
Typically retail buyers change either companies or positions every few years. This strategy helps retailers know that their buyers are not taking “kick-backs” and are selecting the very best product for the very best position each time.
Buyers are typically held to a very rigorous standard of sell-through volume that they must hit and because of this they are risk averse. Your job as a supplier or vendor is to convince them that the buyers going into the stores not only know about what you’re selling but are actively seeking the product in the store currently.
How to Submit a Product to Fresh Foods IGA
There are several ways to get a product placed in Fresh Foods IGA. However, most entrepreneurs only dream about getting their product distributed to major retailers, few actually do it. We have experienced a significant rise in interest since the show Shark Tank started airing on NBC. Mr. Checkout has had the pleasure of working with a few Shark Tank success stories such as KISStixx and 180 Party Cups which are now currently being distributed around the country to stores like Walmart, Target, Kroger, 7-Eleven and more.
If you envision your product would be a good fit for Fresh Foods IGA, we have a few steps to help you get your product on their shelves.
Here are the 6 steps you need to take to have your product placed in Fresh Foods IGA.
1. Start with the right questions.) Before you try distributing your product to Fresh Foods IGA, you need to ask yourself a few basic questions. Do you need to build demand for your product, or is there already a demand for it? Do you know that Fresh Foods IGA would be interested in selling your product? If you can strike a deal with Fresh Foods IGA, can you handle the production volume? Do you want to sell directly to Fresh Foods IGA, or do you want to license your product to a manufacturer that will handle distribution?
2. Be prepared to profit.) Does your product offer enough of a profit margin for Fresh Foods IGA? Can you sell your product at a reasonable enough profit to cover the packaging, shipping, commissions, marketing and wholesale distribution? Check Fresh Foods IGA guidelines for other fees that you will have to build into the cost of your product in order for you to be able to turn enough of a profit to make the effort worth your while. If you work with a discount retailer, they will try to strip your profits down to zero in order to keep their prices as low as possible.
The typical breakdown of margins are: If a products costs $1 to produce, that product will retail for $4. That product that retails for $4 will wholesale for $2 to distributors and stores that purchase direct. Big box retailers like Fresh Foods IGA may offer to pay $1.25 to the manufacturer if the product costs $1 to produce. That is the typical profit margin.
3. Determine if Fresh Foods IGA is the right store for your product.) The relationship between you and Fresh Foods IGA starts with you browsing their store for competing products. If Fresh Foods IGA already has a similar product, it is going to be very difficult to get your product picked up. Spend some time at your local Fresh Foods IGA to see what kind of products they are selling, speak to the manager and see if he thinks your product will sell well in their store. Picture in which zone your product would best fit on the shelf and keep in mind that the most precious asset that these big box stores value are their shelf space. Keep this information in mind when you are preparing your presentation to Fresh Foods IGA.
If your company is minority or women owned, check Fresh Foods IGA website and see if they offer specific opportunities for those designations.
4. Pitch your product to Fresh Foods IGA.) Decide whether it will be you or a representative to present your product to Fresh Foods IGA. Your presentation depends heavily on your strengths as a businessperson as they will most likely ask financial questions and logistics questions.
It’s common for companies to hire a broker to pitch their product to Fresh Foods IGA, as it will be more likely that your product will make it to the next stage if the individual pitching your product has industry knowledge or a personal relationship with Fresh Foods IGA. The percentage of commission verses, however generally a broker will take around 5% to represent your product to Fresh Foods IGA.
We at Mr. Checkout have experience dealing with brokers and know that there are several retail brokers that have poor business practices that can potentially damage your brand. If you are seeking a legitimate Fresh Foods IGA broker, please give us a call for a recommendation. It could save you a huge headache and a lot of money.
5. Complete the required Fresh Foods IGA paperwork.) Often Fresh Foods IGA will have you go through an application process. However, before submitting the paperwork required by Fresh Foods IGA, you should contact a buyer at Fresh Foods IGA and let them know your intentions. Having a contact inside of the company will potentially move your application more smoothly through the process.
6. Anticipate the need for increased volume.) Having Fresh Foods IGA agree to stock your product will most likely mean a significant increase in volume. You should be prepared to ramp up your production and informing your manufacturer of this opportunity.
Having production, logistics and distribution to sync is not only difficult, it requires a significant amount of time invested in customer relations. Also, Fresh Foods IGA may have stipulations in the contract that may penalize you for delays in shipping and production. Have an attorney explain all contracts to you if you don’t understand the terms.
If you’re looking to sell your product to Fresh Foods IGA, be sure to thoroughly assess the marketplace, carefully prepare for production growth, and take full advantage of resources available to help you grow your business.
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