Do you have a product that is perfect for Good Neighbor Pharmacy Stores and You Want to Become a Good Neighbor Pharmacy Vendor?
Are you looking to sell your consumer product to Good Neighbor Pharmacy wholesale stores? In this training segment, Karen Waksman will provide you with some helpful tips and tricks on how to get started. Good Neighbor Pharmacy is a regional chain that is similar to CVS and Rite Aid, and is a great retailer to focus on if you have a great product that is related to health, well-being, or beauty.
What to Consider When Selling to Good Neighbor Pharmacy
When selling to Good Neighbor Pharmacy, it is important to make sure that your product makes sense for them. Take a look at their website and visit their stores to make sure that what you are selling is similar to the products they already have. It is also important to note that Good Neighbor Pharmacy does not have a lot of shelf space for products, so if you have big bulky packaging, it may not be the best place to go. Additionally, your pricing needs to be aligned very closely to what they already have in stores.
Another thing to consider is that many of your competitors may not be thinking about Good Neighbor Pharmacy, so it can be a great opportunity for you to get ahead of the competition. When you approach Good Neighbor Pharmacy, make sure that you have done your due diligence and have seen their stores. Retailer buyers get very frustrated when you try to reach out to them and you didn’t do your due diligence.
Finally, when it comes to supplements, it is important to consider the quantity of product that the pharmacy is selling. If they are selling a product that has 100 tablets in it, but you sell one that has 500 tablets, you might need to create packaging for the 100 tablets in order to get a buyer to pay attention to you.
Getting Started with How to Sell to Good Neighbor Pharmacy!
Selling to Good Neighbor Pharmacy can be a great opportunity to get ahead of the competition. Make sure to do your due diligence and consider the quantity of product that the pharmacy is selling. If you want to learn more about how to approach, pitch, and sell to chain stores, please subscribe to our free webinar listed below. We also offer events, services, and do-it-yourself programs to help you learn the nuances of developing your product and preparing it for stores. Thanks again for watching and keep in touch!
It is also important to note that Good Neighbor Pharmacy does not have a lot of shelf space for products, so if you have big bulky packaging, it may not be the best place to go."
Outline for "Good Neighbor Pharmacy Vendor - How to Sell to Good Neighbor Pharmacy" Transcript Outline
In today’s training, we will discuss how to sell to Good Neighbor Pharmacy, a regional pharmacy chain that many people may not be familiar with. If you have a great consumer product that’s ideal for pharmacies, this training will provide you with some insights on how to get started. Before we dive into the details, please like, subscribe, and comment if you find this information valuable. At Retail MBA, we have trained close to 100,000 people across the globe on how to sell products to chain stores through events, speaking engagements, and other programs.
First and foremost, it’s essential to determine whether your product makes sense for Good Neighbor Pharmacy. Do your due diligence and visit their website and stores to get an idea of the types of products they currently sell. Don’t assume that just because it’s a pharmacy, they will buy your product. Good Neighbor Pharmacy is a little smaller and similar to CVS or Rite Aid, and they primarily sell products related to health, well-being, and beauty. Supplements, electronics, and health brands are just some of the products that our clients have made millions of dollars selling to pharmacies, making them an ideal retailer to consider.
One thing to keep in mind is that pharmacies don’t have a lot of shelf space, so it’s important to ensure that your product doesn’t have big, bulky packaging. They sell many different types of products, but the shelf space they have is limited, so you need to come in strong and make sure your product will fit on their shelf space. Another crucial factor to consider is pricing. Your pricing needs to be aligned closely with what they already have in stores. For example, if the products similar to yours are priced at $19.97, your product should be priced around that range. Good Neighbor Pharmacy doesn’t play around with their pricing as much as other retailers, so it’s important to keep this in mind.
Suppose you’re selling a supplement product that’s doing well online, but Good Neighbor Pharmacy is selling the same product for a much cheaper price and with a lot less quantity. In that case, you might have to create new packaging and a new product with a lot less size for that Pharmacy. The reason is that pharmacies have limited space, and they have done a lot of research to figure out which products fit best. Suppose they are selling a product that has a hundred tablets in it, but you sell one that’s 500 tablets, but the pricing is different. In that case, you might need to create packaging for the 100 tablets to get a buyer to pay attention to you.
Suppose you’re a supplement seller, and you’re selling a product with a lot more quantity and volume than what Good Neighbor Pharmacy is receiving. In that case, it’s crucial to understand that the volume and quantity that the client receives might be different from what you’re selling online. It’s essential to do your due diligence and understand the quantities that the store is selling your product and adjust your packaging accordingly. However, there are exceptions to this rule, and if you have really great pricing, they might be interested in a bigger packaging with more product. The key takeaway here is not to assume anything and do your due diligence before approaching Good Neighbor Pharmacy.
Another crucial factor to consider when approaching Good Neighbor Pharmacy is to make sure that your product fits in their store. Don’t reach out to them just because it says Pharmacy on it. They want to make sure that you’ve taken the time to look at their stores and make sure that your product fits their current offerings. The reason is that they are a regional pharmacy chain, and they want to make sure that their store assortments are tailored to their customers’ needs.
In conclusion, Good Neighbor Pharmacy is an excellent retailer to consider if you have a product related to health, well-being, or beauty. Hope this helps!
Step-by-step training on how to sell to major retailers
We explain exactly how to do that and how to get started today. I’ve taught tens of thousands of companies on how to get your products to the stores. And so we’re here to support you. Or please subscribe to our Youtube channel and or be on the lookout for additional training that we create.
We are here to expedite the process of making money with your physical products and that’s what we’re all about. Take a look at our advanced training, live events, certification programs and so much more.
In this training, I will discuss some of the things to think about when approaching a retailer to sell your products and become a vendor. Hope it helps! 🙂
Karen Waksman,
Retail MBA
Questions? Contact Us!
1-855-Retail-2 (Call or Text)
Email: info@retailmba.com
Retail MBA provides a step-by-step formula on How to Sell to Major Retailers, Online Retailers, Smaller Retailers, Catalogs and More. No Experience Required! These solutions continue to convert for clients year-over-year! These are Time-Tested and Proven Strategies that we utilize ourselves when going after stores! Everything we teach, we test. Want access to these formulas? ANY one of our programs and coaching systems gives you access to them now. With that said…
Here are 4 Easy Ways to Work with Us:
1) Free Training – If You Would Like to Join Our Next FREE Webinar Training Called “Retail Chain Store Secrets – How to Sell to Major Retail Chains. No Experience Required” Then Sign Up NOW To Learn All About Selling into Retail Chains By Clicking Here! https://www.retailmba.com
2) Masterclass Intensives – Want to Join our Next 4 Week Elite Retail MBA Masterclass Intensive? These Intensives Are EPIC for people who Love Fast Paced Learning – Homework, Retail Coaching, Developing Your Strategy, Buyers Contacts and More! These Events Are Held Every Quarter. Join us by Clicking Here: https://www.retailmbabrands.com/masterclass
3) Done-for-You Program – If You Want Karen Waksman and Her Team to Reach Out to Your Top Dream Retail Chains On Your Behalf – And You Have a Retail-Ready Product, Check Out our Epic Done-For-You Service by Clicking Here: https://www.retailmbabrands.com/done
4) In Person Events – If You Want to Learn LIVE and Meet Karen Waksman in Person at Our Next Retail Sellers LIVE Event with Other Like-Minded Individuals in Beautiful San Diego, CA!
We Would LOVE to Have You Join Us by Clicking Here: https://www.americasnextretailproduct.com
Thanks so much.
And…if you like this training, you will love these new short training sessions as well! Click on the links provided to watch and grow your consumer product business TODAY!
