Do you have a product that is perfect for Save A Lot Stores and You Want to Become a Save A Lot Store Vendor?
Are you looking to become a Save-A-Lot approved vendor? Do you have a great consumer product that you think should be on their store shelves? In this short video training, Karen Waksman, founder of Retail MBA, will give you some quick tips to think about when selling to Save-A-Lot.
What is Save A Lot?
Save-A-Lot is a grocery chain that a lot of people don’t think about. They call themselves the country’s largest discount grocer and sell really discounted grocery products. Surprisingly, they don’t even give a lot of times people bags to bag their products, so you’re supposed to bring your own bags. They have over 900 independent owned stores that they’re responsible for in 32 states and go after a very discounted audience.
Making Money with Save A Lot
When a retailer has independently owned stores, it’s a very wonderful thing for people like you who are trying to generate revenue from them. That means that they can buy on an individual store level. On their website, they say “start a location, own your own store” and are looking for people to franchise their system and open up stores in their local areas.
This means that there’s a lot of independent owned stores and you don’t have to buy a lot of things to go after them. You can go one by one opening up accounts and essentially getting them interested in your product. This means that you can tell other retailers that you’ve sold to Save-A-Lot, which makes you very cool looking to others who are looking to buy new products.
Become a Save A Lot Vendor
When you work with a retailer like Save A Lot, they sell grocery products which means that they’re dealing with perishable foods and there’s a lot of work involved for them. They need to be very careful with who they work with, so you obviously need to have a very discounted product to sell to them.
You’re probably going to have to deal with Distributors as well because of the fact that they have so many different stores. They probably have a very robust system for distribution because they obviously want to have some sort of flow with their product selection and all their different stores. Since they’re have individual store owners, they definitely need to think about all the nuances which means that you might deal with the Distributors of their choice and that could take off some additional money for you.
This means that you will probably have to sell your products them at a deep discount and then a little bit more because of the distributor, or figure out a solution for how to get your product to them on an individual store basis.
At Retail MBA, we teach strategies on how to get the distributor to pay attention to you, as well as how to pitch these independently owned retailers and get money as fast as possible. We have tons of content on how to approach, pitch, and sell to these retail chains.
Sell to Save A Lot
Selling to Save A Lot can be a great way to make money, but there are some logistical concerns that you need to be aware of. Make sure that you have a discounted product to sell to them, and that you can figure out a way to get your product to them on an individual store basis. If you need help with this, Retail MBA has tons of content on how to approach, pitch, and sell to these retail chains.
Outline for "Save A Lot' Vendor - How to Sell to Save A Lot Stores" Video Training Here...
Tips for Getting Your Product Sold at Save-A-Lot
When it comes to selling your consumer product Save A Lot might not be the grocery chain that comes to mind. However don’t overlook this opportunity. Save-A-Lot has established itself as the discount grocer in the country with over 900 owned stores across 32 states. This unique retail model offers entrepreneurs a chance to generate revenue by selling their products to individual store owners. In this short video training, we’ll provide some tips on how to get your product on the shelves of Save-A-Lot.
Start with Owned Stores
Save-A-Lot operates both corporate owned and independently owned stores. To maximize your chances of success focus on approaching owned stores. These store owners have the authority to make purchasing decisions for their locations making it easier for you to directly engage with them and negotiate a deal. By targeting these stores you can sell your products one by one. Establish accounts with each store. Before approaching any location make sure you do research to identify which ones are independently owned in your area.
Emphasize Discounted Products
Save-A-Lot has built its reputation, on offering discounted grocery products. To align with their brand and attract their attention ensure that your product fits within the discounted pricing model they follow.
In order to attract the attention of Save-A-Lot entrepreneurs need to offer their products at a price. This means pricing your product below the competition to make it an appealing option, for Save A Lot. Understanding the value proposition of your product and how it aligns with Save A Lots business model is crucial.
Having a thought out plan for distribution is essential since Save-A-Lot has a distribution system in place. Entrepreneurs should collaborate with distributors chosen by Save A Lot to ensure that their products reach stores. However this collaboration may result in costs, for entrepreneurs so they might need to offer discounts on their products to make it worthwhile.
When presenting your product to owned store owners it is important to be concise and clear. These store owners are usually very busy. Don’t have time for presentations. Having a prepared pitch that effectively communicates the value of your product is crucial. Entrepreneurs should also be ready to negotiate with store owners, which might involve providing discounts or other incentives.
Getting Started
If you’re an entrepreneur looking to sell your products to chains, like Save A Lot consider attending Retail MBA Training and Coaching. They offer a range of resources, including events training courses and coaching sessions. Their programs cover everything from approaching chains and negotiating deals to managing relationships, with store owners.
In a nutshell Save A Lot presents an opportunity for entrepreneurs to reach a network of independently owned stores. To make the most of this opportunity it’s important to have pricing, a compelling pitch and a solid distribution plan when approaching store owners. Additionally attending Retail MBA training and coaching can equip you with the skills needed to pitch. Sell your products. By approaching the process entrepreneurs stand to generate revenue by selling their products through Save A Lot.
Step-by-step training on how to sell to major retailers
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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
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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…
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