5 Business Tasks That Can Be Outsourced
YOU ARE STILL RESPONSIBLE FOR SALES, ACCOUNTING, AND QUALITY CONTROL!
Focus on Sales As successful CPG global brand builders, we are often asked, “What is the biggest single mistake that new consumer product brand builders make?” Our answer is always the same, “They focus on production and not on sales!” Unfortunately, the first thing that goes...
Intrinsic Motivation is the Driving Force Behind Success in the Marketplace
I CAN DO THIS!
One of the most common questions our audiences ask is, “What keeps you going in the face of adversity, setbacks, and roadblocks?” They want to know what it takes to keep going - no matter what! Basically, they are looking for the ingredients of tenacity and...
Assistants Have Limited Approval but Unlimited Refusal
WHO IS THE REAL GIRAFFE?
Unless you are selling direct to the consumer, your consumer brand lives or dies on the basis of chain and box store authorizations. Without access to the marketplace you simply can’t grow your brand. Especially when your brand is unknown and has no sales track record...
Building a Distribution Network is Critical to Success
ONE STEP AT A TIME
We are often asked by aspiring, start-up, and growth-phase entrepreneurs, “If distribution is so important to success, how do I build a distribution network for my product?” Distribution management is the most over-looked building block in building any consumer branded product. Many producers feel that they don’t...
Consider the Source when No-Sayers Discourage You
GET BY WITH A LITTLE HELP FROM YOUR FANS!
Every brand builder faces no-sayers. Some of them may have your best interests at heart, but others may not see the opportunity. How do you know who to listen to? We were honored to be guest speakers last week at the University of North Carolina at...
Rebel Coast Winery’s “Reckless Love” Honors Branding Basics
SPICY HUMOR MEETS CONVENTIONAL MERCHANDISING
Being successful in the limited and controlled wine business makes us a target for aspiring entrepreneurs who want to start their own wine labels. Many new producers think that all it takes to be a success is a compelling label, a cute catch phrase, and a...
Cost Accounting is Essential to Brand Builders
HOW MUCH DOES IT COST?
We recently spoke to several hundred Accounting Students at Lethbridge University at their Calgary campus. As brand builders, how could we resonate with this audience? How were we going to inspire accountants? Cost Accounting, that’s how! Yes, it turns out that without great cost accounting there...
5 Threats That Can Kill Your Brand in the New Year! – Part 5
Distribution
In this series we have been examining threats from inside your own organization that can kill your brand in the New Year. Now is the time to be on guard against them. As we like to say, brands are not murdered by the competition, but die...
5 Threats That Can Kill Your Brand in the New Year! – Part 4
Legal and Compliance
In most companies the legal department is referred to as “compliance.” However they do far more than make sure your company complies with the laws and regulations governing your industry. They protect you from liability exposures and potential lawsuits. They protect your intellectual property including trademarks,...
5 Threats That Can Kill Your Brand in the New Year! – Part 3
ACCOUNTING AND FINANCIAL
In this series, we have been discussing how to recognize the various ways your own people can inadvertently hurt your brand. Your company is ultimately only as valuable as your brand equity. Your brand equity is based on the likelihood that your branded products and services...
5 Threats That Can Kill Your Brand in the New Year! – Part 2
PRODUCTION
It’s hard to believe that your own team can damage your brand, but most brands are killed from self-inflicted wounds, not murdered by the competition. As you start out the New Year, be vigilant that your own people don’t take action that inadvertently hurts your brand....
5 Threats That Can Kill Your Brand in the New Year! – Part 1
MARKETING
We learned a lot about building an international brand during the two decades we grew Barefoot Wines. Most of it we learned the hard way, and that is why today we share our lessons in this blog devoted to brand building. Although we were successful, we...
Renew Your Brand Promise for the New Year
Renew Your Brand Promise for the New Year
This is a great time of year to renew your brand promise. Just like renewing vows in marriage, you recommit yourself to your brand promise. But unlike marriage vows, the promises are not yours. They’re the sum of your customers’ perceptions, expectations and beliefs about your...
The Brand Name That Says It All! Barefoot Bubbly Sells One Million Cases!
WHAT’S IN A NAME?
It was storming that night in 1996 when Michael slowly drove up the long dirt road that lead to his humble farmhouse in the rural hills of western Sonoma County. He was careful not to spin out in the mud nor get grabbed by the treacherous...
Brand Image Suffers When Products are Out of Stock
DON’T PLAY HARD TO GET
We are often asked, “What was the biggest challenge you faced growing the Barefoot Wine brand?” People are always surprised by our answer, “out-of-stocks.” It’s the biggest problem facing any new brand. Some purists try to make a distinction between brands and products, often because they...
Know the Metrics that Make Your Brand an Acquisition Target
WHERE AM I GOING AND WHY
We’ve often said that entrepreneurs are brand builders. Unlike sole proprietors, or even those creating a legacy, most entrepreneurs, sooner or later, want to have a capitalization event. That may take the form of a merger, IPO or cash infusion by a new partner, but it...
How to Recognize Opportunity (and Make It Sustainable)
KNOCK! KNOCK!
We often hear, “Follow your passion” as the universal prescription for happiness and success. But we say “Follow your opportunity, passionately” as a more plausible road to success. Opportunities abound! The key is to find a way to take advantage of them using your passion. So...
Successful Brand Builders Use Representatives to Insure Program Execution at Every Level
SEND MORE MERCHANDISING MATERIAL!
The best brand building signs and merchandising materials we ever saw were in the dumpsters of the very distributers who were expected to use them to sell the products of the brands they represented. What were they doing there? Because the distributers only had a limited...