How To Get Into Turnip Truck
- 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
How To Get Into Turnip Truck
The Turnip Truck is essentially a local small-chain grocer carrying produce, baked goods, dry goods, frozen food, pet food, bulk items, personal care, beer and some wines.
Despite its small size the Turnip Truck boasts a large selection of items and hot and cold bars to make lunch or dinner as well as eating areas upstairs and outside. It’s in many ways a one-stop-shop for those looking for natural and organic household items and groceries.
For 18 years, Turnip Truck has been serving the Nashville area with a commitment to organic produce and supporting local agriculture.
About 90 to 95% of produce in Turnip Truck is organic, and the juices are all 100% organic, according to the company. The company sources as much produce as possible from within 200 miles, although the store’s produce buyers are at the mercy of Tennessee’s growing season. One recent spring, Turnip Truck couldn’t get local strawberries because rain had devastated the crop.
According to the company, we have vastly broadened our offerings to include hot and cold bars, grab-and-go foods, a deli and juice bar, a bakery with gluten-free selections, a large bulk foods department, a growler filling station with kombucha and beer, and fresh soup – in addition to our extensive grocery selection.
The grocery 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. Thus, as a vendor, you should be looking at getting varieties to the retailer.
There are many vendors in the industry. However, being distinctive stands you out. Take a cursory look at your offerings and see what you can offer differently. If not different, go back to the drawing board and see how you can rebrand or bring out a distinction. Distinctiveness can help you carve a niche for yourself in the marketplace.
You can gain the attention of a top official who can take interest in your products and get it tested by other persons in charge of procurement. As the grocery offerings of this retailer are quite large, there is room for a lot of products to be supplied. If your products are quite popular in the local market, it will be easy for you to easily pitch to this retailer. You have to bring your product to top quality to help you with the pitch of the product.
The company shows its commitment to products from local sources, especially within the community. According to the company, “local growers and producers are the heart and soul of our food system. We at Turnip Truck value our relationships with farmers, and we set out to help connect them with the communities we serve.”
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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 Turnip Truck
There are several ways to get a product placed in Turnip Truck 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 Turnip Truck, 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 Turnip Truck.
1. Start with the right questions.) Before you try distributing your product to Turnip Truck, 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 Turnip Truck would be interested in selling your product? If you can strike a deal with Turnip Truck, can you handle the production volume? Do you want to sell directly to Turnip Truck, 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 Turnip Truck? Can you sell your product at a reasonable enough profit to cover the packaging, shipping, commissions, marketing and wholesale distribution? Check Turnip Truck 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. Retailers like Turnip Truck 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 is the right store for your product.) The relationship between you and Turnip Truck starts with you browsing their store for competing products. If Turnip Truck already has a similar product, it is going to be very difficult to get your product picked up. Spend some time at your local Turnip Truck 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 Turnip Truck.
If your company is minority or women owned, check Turnip Truck website and see if they offer specific opportunities for those designations.
4. Pitch your product to Turnip Truck. Decide whether it will be you or a representative to present your product to Turnip Truck. 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 Turnip Truck to pitch their product to Turnip Truck, 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 Turnip Truck. The percentage of commission verses, however generally a broker will take around 5% to represent your product too Turnip Truck.
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 Turnip Truck, please give us a call for a recommendation. It could save you a huge headache and a lot of money.
5. Complete the required Turnip Truck paperwork. Often Turnip Truck will have you go through an application process. However, before submitting the paperwork required by Turnip Truck, you should contact a buyer at Turnip Truck 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 Turnip Truck 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, Turnip Truck 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 Turnip Truck, 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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