Retailers Flashcards
What are the different classifications of retailers?
Conventional Grocery (Kroger/Vons), Natural (Wholefoods), C-Store (CVS/7-Eleven), Foodservice (Restaurants/Cafeterias), Warehouse/Club (Costco), Vending, Independents (Seaside Market)
What’s a SKU?
Technically “Stock Keeping Unit” - Each flavor or variety is a SKU. For Example, Tangerine 12 pack is a different SKU than Tangerine 6 Pack, which is a different SKU than Mango 6 Pack etc.
What’s a UPC?
“Universal Product Code” The barcode and the barcode number. Individual for each SKU
What’s a Free Fill?
Giving a store free product to try selling before ordering.
POP or POS
Point of Purchase of Point of Sale - typically just the registers when you check out but can also be used for retail marketing items such as “shelf strips” or “danglers”
Shelf Strip
A decorative insert on the shelf. Used to claim space on the shelf or educate the customer.
Dangler
A dangly thing to put near the product in store to educate the customer
What’s a Category and what category are we in?
The groups in which items are placed and sold on the shelf - Natural Soda, Functional Beverages, Carbonated Beverages
What’s a Set?
The section of shelves designed to a certain category of products. Usually 4-6 feet on shelf. We’re part of the “Natural Soda Set” next to Hansens, Izze, Jones Soda, etc.
What’s Disco?
Not a fun party like you’d think - we’re being discontinued :(
What’s a TPR?
Temporary Price Reduction - time duration from when a sale starts and ends
What’s the retail price?
The regular non promotional price of an item. Usually $1.49-$1.69 for a single can or $7.99-$8.99 for a 6 pack
What’s a Shipper?
A cardboard shelf used to gain extra space in a store.
What’s a Turnover?
The form where a rep in store submits an order at a discounted price to the distributor.
What’s our biggest chain in Texas?
HEB