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 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...
Selling to Save A Lot: Tips for Getting Your Product on Shelves
Save A Lot may not be the first grocery chain that comes to mind when thinking about selling your consumer product, but it should not be overlooked. Save A Lot has positioned itself as the country’s largest discount grocer, selling heavily discounted grocery products across its over 900 independently owned stores in 32 states. As a retailer with independently owned stores, this presents a great opportunity for entrepreneurs to generate revenue by selling their products directly to the individual store owners. In this article, we will discuss some quick tips on how to sell your product to Save A Lot.
Start with Independently Owned Stores Save A Lot has both corporate-owned stores and independently owned stores. The independently owned stores offer the most significant opportunity for entrepreneurs to get their products on shelves. These store owners have the authority to make buying decisions for their individual stores, making it easier to approach them directly and negotiate a deal. This allows entrepreneurs to sell their products one by one and open up accounts with each store. It is essential to do your research to find out which stores are independently owned in your area and start there.
Focus on Discounted Products Save A Lot is known for selling heavily discounted grocery products. As a result, entrepreneurs must have a very discounted product to sell to them. This means you need to price your product at a lower rate than your competitors to make it an attractive option for Save A Lot. It is crucial to understand the value proposition of your product and how it fits in with Save A Lot’s business model.
Have a Plan for Distribution Save A Lot has a robust system for distribution, and it is crucial to have a plan in place for getting your product to their stores. Entrepreneurs will need to work with distributors of Save A Lot’s choice to ensure their products are delivered to individual stores. This will result in additional costs for entrepreneurs, which means they may need to sell their products at a deep discount to make it worth their while.
Pitch Your Product to Independently Owned Store Owners When approaching independently owned store owners, it is essential to have a clear and concise pitch. Store owners are busy individuals, and they do not have time to listen to a long and drawn-out pitch. It is crucial to have a plan and pitch your product’s value proposition in a concise manner. Entrepreneurs must also be prepared to negotiate a deal with store owners, which may require offering a deeper discount or other incentives.
Attend Retail MBA Training and Coaching Retail MBA provides training and coaching for entrepreneurs looking to sell their products to retail chains, including Save A Lot. Retail MBA offers live events, training courses, and coaching to help entrepreneurs learn how to pitch and sell their products effectively. Their training programs cover everything from approaching retail chains to negotiating deals and managing relationships with store owners.
In conclusion, Save A Lot offers a great opportunity for entrepreneurs to sell their products to a large network of independently owned stores. It is crucial to have a discounted product, a clear pitch, and a plan for distribution when approaching store owners. Entrepreneurs should also consider attending Retail MBA training and coaching to learn how to pitch and sell their products effectively. With the right approach and strategy, entrepreneurs can generate significant revenue by selling their products to Save A Lot.
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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! 🙂
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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!