SECRETS 075 How a disruptive start-up revived a dying category and became a top selling brand with Joel Clark of Kodiak Cakes

Do not go where the path may lead, go instead where there is no path & leave a trail. Own the space & control your own destiny through innovation & by adapting to what your customer’s want. Become a category leader by carving out your own unique niche.

Welcome. Before I begin, I want to remind you that there is a free downloadable guide for you at the end of most every episode of the podcast. I always try to include one easy-to-download, quick-to-digest strategy that you can instantly adopt and make your own. One that you can use to grow sustainable sales and compete more effectively. Remember, the goal here is to get your product on more retailer shelves and into the hands of more shoppers. 

Here’s what you’ll learn on today’s episode. Today, you’re going to hear about a brand that was actually born in a kitchen. The original distribution service for this product was a small fleet of two little red wagons. Yes, you heard me correct. Two little red wagons. This is a brand that was bootstrapped and eventually grew to become the number one brand in the category in several leading retailers. Here how they accomplished this miracle on today’s episode.

We also have a really good discussion about how you can improve your trade marketing efficiency. Let me explain. Trade marketing is typically the single largest line item on every brand’s balance sheet. Trade marketing includes getting your product on the shelves through slotting and promoting and all the different things that a brand has to do to get their product in the hands of new shoppers. The challenge is that this is an extremely expensive endeavor. If brands don’t get this right at the very beginning, before you even launch the product, you could spend a tremendous amount of money on just trying to buy one facing on a retailer’s shelves. 

What we discuss on this episode are several different strategies to increase your ROI, your return on investment, and give you more runway so that you can better use your funds to help grow your sales and grow your brand. I give Joel several tips and strategies toward the end of the podcast that you can use on your own to help you get more runway out of your funding. It’s my belief that being a CEO of a brand should be more than just going out and trying to find more and more and more capital. I’m working hard to help you maximize the amount of money that you have so that you get more runway out of it. So you get more sales. And so that you can get your product in the hands of more shoppershttps://categorymanagementsolutions.com/growsales. Ultimately, that’s our goal, right?

Download the show notes below

Click here to learn more about Kodiak Cakes

8 Strategies To Maximize Trade Marketing ROI

TRUSTED BUSINESS BUILDING TOOLS AND RESOURCES YOU NEED TO HELP YOUR BRAND SUCCEED!

DON’T MISS OUT

By |2018-08-14T19:38:28+00:00August 7th, 2018|Category Leadership, Podcast|

About the Author:

Daniel Lohman, CPSA is Strategic Advisor in the CPG and Organic Industry. His company, Category Management Solutions (CMS4CPG LLC), provides innovative ideas, actionable insights and strategic solutions for companies interested in gaining a significant competitive advantage. He assists companies in expanding their retail distribution and improving their merchandising. His extensive knowledge and expertise reaches far beyond traditional category management and has earned him recognition throughout the industry as an expert, speaker, trainer and thought leader. Daniel can be reached at Dan@CMS4CPG.com. Connect with me on LinkedIn.

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