Retailers Flashcards

1
Q

What are the different classifications of retailers?

A

Conventional Grocery (Kroger/Vons), Natural (Wholefoods), C-Store (CVS/7-Eleven), Foodservice (Restaurants/Cafeterias), Warehouse/Club (Costco), Vending, Independents (Seaside Market)

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2
Q

What’s a SKU?

A

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.

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3
Q

What’s a UPC?

A

“Universal Product Code” The barcode and the barcode number. Individual for each SKU

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4
Q

What’s a Free Fill?

A

Giving a store free product to try selling before ordering.

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5
Q

POP or POS

A

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”

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6
Q

Shelf Strip

A

A decorative insert on the shelf. Used to claim space on the shelf or educate the customer.

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7
Q

Dangler

A

A dangly thing to put near the product in store to educate the customer

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8
Q

What’s a Category and what category are we in?

A

The groups in which items are placed and sold on the shelf - Natural Soda, Functional Beverages, Carbonated Beverages

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9
Q

What’s a Set?

A

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.

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10
Q

What’s Disco?

A

Not a fun party like you’d think - we’re being discontinued :(

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11
Q

What’s a TPR?

A

Temporary Price Reduction - time duration from when a sale starts and ends

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12
Q

What’s the retail price?

A

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

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13
Q

What’s a Shipper?

A

A cardboard shelf used to gain extra space in a store.

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14
Q

What’s a Turnover?

A

The form where a rep in store submits an order at a discounted price to the distributor.

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15
Q

What’s our biggest chain in Texas?

A

HEB

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16
Q

Biggest chain in California?

A

Whole Foods

17
Q

Biggest well known chain?

A

Publix or Kroger

18
Q

Can you find us in Hawaii?

A

In Foodland, Down to Earth, or Whole Foods

19
Q

Biggest chain in New England?

A

Stop and Shop

20
Q

What are the Kroger divisions? (other than Kroger)

A

Ralph’s Fred Meyer Smith’s QFC Dillon’s King Soopers Fry’s Food For Less Mariano’s

21
Q

What are the Albertson’s divisions?

A

Safeway Vons Pavillions Shaw’s Star Market Randall’s Tom Thumb United Supermarkets Haggen Jewel Osco Super Saver

22
Q

What are the 3 different Groupings of Distributors?

A

Broadliners, DSD, Direct (to Retailers Warehouse)

23
Q

What does DSD stand for?

A

Direct Store Delivery

Wave > DSD Warehouse > Store

24
Q

What are the Top 3 Benefits of DSD?

A

Orders are placed by sales rep for distributor, they deliver directly to the store’s shelves, and usually try to get you secondary placement.

25
Q

What are the Top 3 Benefits of Broadliners?

A

Lower minimum requirements, more well known & more locations, have a team of sales reps pitching the brand to larger chains.

26
Q

What are the Top 3 Benefits of Direct?

A

No extra distributor margins, can get product to shelf at cheaper price, direct relationship with store.

27
Q

What is the traditional margin for Broadliners?

A

Broadliners usually have Cost Plus contracts with large chains where the distributor makes 18-20%.

28
Q

What is a Cost Plus Program?

A

Where a distributor has a different price structure for a specific retailer. For example, UNFI has a cost plus program with Whole Foods.