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Charging What You’re Worth: MSRP for Food & Beverage Products

June 16 @ 10:00 am - 12:00 pm

| $10

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Establishing the right Manufacturer’s Suggested Retail Price for Food & Beverage Consumer Packaged Goods (CPG).

Art vs Science. In this discussion we’ll remove some of the mystery from determining the optimal price for your food or beverage product.

How much weight should you give to each factor?

  • Cost of Goods & profitability: Are you keeping up with inflation?
  • Competitive Analysis: What are they charging?
  • Your Value Add: What’s unique about your product?
  • Fear & Risk: Can you afford to lose customers? Can you afford not to?
  • On Brand Pricing: Is your pricing undermining your brand?

We’ll also give you an understanding of how to price your CPG product for distributors. If all goes well, eventually you’ll need help from a 3rd party distributor. What do you need to know now so that you’ll be prepared.

  • What are the hidden costs of self-distribution?
  • How do distributors work?
  • Why would you want a distributor? Why would a customer want you to have a distributor?
  • What are some of the different distributor business models you will encounter?
  • How much do distributors charge? How does this differ between different models?
  • What can I do to best prepare for working with a distributor?

Presenters:

Daniel Wiser 

​​Daniel is a San Francisco-based marketing and strategy consultant focused on helping innovative consumer companies and their investors in the CPG, restaurant, and food retail space.

Louis D’Angelo

Louis is the founder and CEO of Foundation Foods, a regional distributor utilized by SFMade members. Foundation Foods is a local leader in the organic and natural foods product space delivering CPGs to specialty markets across the state and beyond.

 

 

Discounts are available for students and others facing a financial burden. Please contact [email protected] for a discount.

Details

Date:
June 16
Time:
10:00 am - 12:00 pm
Cost:
$10
Event Categories:
,
Website:
https://www.eventbrite.com/e/charging-what-your-worth-msrp-for-food-beverage-products-tickets-344374482347

Venue

Zoom

Organizer

SFMade