Watt International’s Post

When they are not sparring about sports teams, Americans like little better than arguing about whether Texan H-E-B or North Eastern Wegman's rule the grocery market. According to dunnhumby the San Antonio favourite takes the honours this year, based on its rankings, which saw it pip Amazon and Costco in the overall standings. H-E-B is also expanding its formats and concepts, while Wegman's took the prize for quality. To read about all the runners and racers, here's my piece for Forbes

🛒 Insights from the Top: Our CEO, Mr. Ravi Achanta, sheds light on the keys to success in the grocery industry. “Success in the grocery industry isn't solely determined by the size of the store. Smaller retailers excel by offering cozy spaces, personalized service, and unique products. What, in your opinion, makes these grocers stand out, delivering a treasure hunt shopping experience? In my opinion, some retailers always stand out predominantly because of their involvement in the communities they serve; some of them are truly involved in their communities, like park districts, schools, churches, and other social activities around their town. The second most important one is that they truly serve their customers with the best products and services. In online shopping, successful grocers just don't sell groceries. They are well respected in their communities, not only because of their service but also because of their commitment to their local societies.” Meet our Leaders - https://lnkd.in/grCit4Ss #teamRSA #techleaders #businessgrowthexpert #marketing #retailinnovation #meettheteam

🌟 As I wrap up my fourth month at Advantage Solutions, I’m reflecting on what’s been an incredible start. 🌟 As an account manager in the Omnichannel Marketing – Experiential Services division, I help major corporations and small businesses bring their products directly to Costco Wholesale members through sampling and demo events. Whether it’s assisting produce growers, like Hawaii Farming, with a product launch at the Honolulu warehouse or managing a 1,200+ event campaign for household favorites, the goal is the same: to connect members with great products in a meaningful way. In my first few months (the first month was mostly onboarding), I’m proud to have booked nearly 30,000 events and generated close to $9 million in revenue. More importantly, these events give Costco members the chance to experience and learn about products before committing to larger purchases, while allowing vendors to showcase the quality of their offerings firsthand. This is just the beginning! 🚀 There’s still a lot of work ahead, but with the growing recognition of how powerful sampling can be for both immediate sales and long-term brand growth, the future looks bright. Looking forward to what’s next! #TeamADV #SamplingSoldMe #PowerofDemo #Costco #CostcoSamples #BrandEngagement #BusinessGrowth #CustomerExperience #AdvantageExperiential #FriendsofCostco #Retail #BrandActivation #DemoAndSampling #RetailMarketing #AdvantageSolutions #Sampling

Grocery store opening and expansion can be risky, but we've identified key learnings to help ensure that your strategy will be profitable, including which forecasting model to use, competitor impact, and the impact of entering a new market. Read it here: https://hubs.li/Q02Hpktj0 #Grocery #Supermarket #ExpansionStrategy

Sunny days ahead if you are in #groceryretail #foodandbeverageindustry Its evidently clear that #retailmedianetworks is bringing a positive impact to a Retailer's top and bottomline, while enhancing CX and BX (Brand Experience) #groceryindustry #retailmedia #cpgmarketing https://lnkd.in/gPi7rKbX

Looking forward to this panel with thought leaders from Progressive Grocer, Vestcom, Wynshop, and Sedano’s/Fresca Y Mas. "Smart Supermarkets - How Technology Will Change the Store Experience". We'll dive into the future of hybrid store environments, exploring key factors for success and previewing Vestcom's latest research with the Path to Purchase Institute on shopper reactions to in-store technology. Stay tuned for groundbreaking perspectives and valuable takeaways! #RetailInnovation #SmartSupermarkets #TechInRetail #FutureOfShopping

Rebranding your grocery store is a powerful strategy to increase revenue and remain competitive in the market. Dive in to find out how to rebrand your grocery store and increase revenue. Know More: http://bit.ly/3ZpMzgg #GroceryDeliveryServices #RebrandYourBusiness #Rebranding #GroceryDeliverySoftware #OnlineDeliveryPlatform #DeliveryCloneScript #RebrandingStrategy #MarketingStrategy #BusinessRebranding #Shopurgrocery

Fresh and perimeter store optimization doesn't have to be so difficult. My RELEX Solutions colleague Ulla Huopaniemi wrote a great piece on the topic in the April edition of Retail World Magazine. Check out pages 62-63 for more! #Insight #Grocery #Optimization

We stopped into Chutters this weekend in Littleton, NH for some post-hike candy. For the past 40+ years we’ve read stories about how independent retail like this around the country has gone bankrupt in the face of competition from sprawling exurban shopping malls, WalMart, Amazon or a variety of other Boogeymen. That hasn’t happened to Chutters, which is perpetually crowded and is a destination year round. All they had to do to protect their business from competition was maintain the Guinness-certified World Record for longest Candy Counter at 111 Feet. In reality, it isn’t that hard to execute. The Candy is in hundreds of self-serve glass Jars which allows for great variety (like 20 different kinds of salty licorice) without a ton of Labor. The key is that they came up with a DIFFERENTIATION plan, and stuck to it. There are 4 primary ways a retailer can feasibly differentiate from it’s competitors: 1. Price 2. Customer Service 3. Experience (Aka Fun) 4. Product Assortment EVERY retailer needs to protect their differentiation base or they won’t be around 10 years from now. If you are Wal Mart, Aldi or Dollar General, you can differentiate on Price alone and win most of the time. Otherwise, you’ll need to differentiate on Service, Experience, or Assortment. At Pod Foods when we talk about delivering innovation into retailers what we are really talking about is giving retailers a different assortment than their competitors so they can protect their business. 👉Retailers: how many of the items that you are buying from your Primary Distributor are NOT already available in your larger competitors? 👉The answer is much smaller than it needs to be. This is why EVERY retailer needs a reliable Strategic Secondary distributor who can defend their diffentiation base. 👉What is YOUR Cost-plus markup at UNFI or KeHE, compared to these larger competitors? 👉Are they allowing you to add the differentiation you need quickly, or are you required to wait 12+ weeks and/or commit to 20+ Points of Distribution PER DC beforehand? 👉How can you win if you are selling the same product at higher prices and lower margins? #innovation #differentiation #emergingbrands Julie Pryor Caroline Grace Simon Huntley Jessie Kimsey Rebecca Stephens, MBA Clint Chao Wayne Bennett Whole Foods Market Safeway Russell Heiman Flowspace Total Quality Logistics

RRD can help revolutionize the promotional exosystem (online and off) for rapidly expanding grocery chains, creating efficiencies and driving increased traffic. Let me know if you would like to hear more. And check out this interesting emarketer chart. #RRD #GroceryStoreChains #PromotionalEcosystem #Innovation #Expansion #retail