Should I participate in the marketing programs offered by retailers?
Must I agree to retailer marketing BEFORE they will consider our products?
What about the marketing we are doing outside of any retailer? Does that matter to retailers?
All good questions and common ones, too. Often times, it seems the first hoop retailers will make you jump through is to sign up for their marketing programs. Even without having been awarded business first!
In the past 2 months, I have prepared retailer marketing proposals (also known as shopper marketing) as the price of entry, or danced around conversations about this with ShopRite, Kings Market, Balducci's, Gelson's, Sam's Club and probably others that I can't think of. The irony is that the big guys, Walmart and Target, wait until after they award business before hitting up vendors for retailer marketing!
Here are some answers to help you prepare for these conversations.