The idea seems simple. If you pay high-performing workers more than low-performing ones, the former will stay and keep producing at a high level, while the latter will leave or have incentive to improve.
That's how the saying goes, but, it is often easier said than done. In an ever changing and evolving marketplace, how do you keep up with trends and supply adequate stock of what will be in demand, without running the risk of becoming overstocked and eventually burned with too much inventory of a product that nobody wants anymore? It's a continuous game of balance, guessing and timely purchasing and unless you're a very lucky person, highly skilled at predicting the future, at some point you are going to end up with extra product that isn't selling.
Across the country, communities, retailers, farmers and organic producers will be celebrating Organic Week from September 21 to 28 this year. Now in its fourth year, Canada's National Organic Week is a celebration of certified organic food, farming and products produced across Canada and it has grown quickly into the biggest marketing event of the year for organic retailers.
Vogue, O Magazine, Reader's Digest, and major Canadian papers from Toronto to Vancouver — the non-GMO movement is rapidly becoming front-page news. The release of genetically engineered apples, salmon, and alfalfa would have an enormous impact on both retail and export markets, and pose risks to environment, food safety, and food sovereignty. Farmers, activists, and members of parliament are discussing GMOs, and groups in 32 US states are working to require labelling of food produced through genetic engineering. While the political battles are waged, we all keep eating. Our farmers keep growing crops, and weekly, we go to the store for greens and groceries.
Health food stores are running out of ideas to promote themselves. Newspaper ads, handing out flyers and expensive Internet promotions may not have worked as well as you expected. These methods may have left you wondering, "What's next?"
Today, over 50 per cent of North American specialty retailers have installed traffic monitoring systems in some or all stores. However, despite the increasingly sophisticated nature of the technology, many retailers have failed to capitalize on the full potential of traffic counting systems and convert the information into what they need most: a significant increase in sales.
In a previous column, I described the differences between visual, auditory and kinesthetic learners. Most of us use all three styles to learn, absorbing information through a combination of hearing, seeing, and touching or otherwise physically interacting with what we're learning about.
Don't ever underestimate the power of celebrity. Since 2005, our Nutrition House store has come to realize the power of building celebrity status within the community. While in store promotions and displays help to catch the consumers' eye as they walk by, it's our celebrity that is truly drawing them in and making our store a destination. By this I mean, for the past eight years, we have done commercial radio shows and advertisements that have helped to build our notoriety within the community.
Apparently, during a conversation, our words amount to only seven per cent of how the other person perceives what we are saying. Our tone of voice (38 per cent) and body language (55 per cent) make up the rest. I guess it is the old story about you will trust the mechanic with the most grease under his nails. Many books are available that help with tone and body language insights to help you improve in business and career. Reading 30 minutes every day on ways to improve your business skills gets you 1/40,000 closer to mastering your craft...patience.
If you think of your most successful account or vendor, what makes it unique? How is it different from others? Most likely, it's your relationship with them. Many retailers have the mentality of "I'm the customer" and don't feel the need to foster a relationship with vendors. Vice versa, some vendors think that they don't have to service accounts because their product has enough demand, it sells itself, why waste resources on a sales force.
Short dated and expired goods – whose responsibility is it? This seems to be a nagging question for many stakeholders in the natural health products and natural foods business. Who should be monitoring – and more specifically, who should be accountable for – the costs associated with the management and disposal of short-dated and expired goods?
Whole grain has been a core component of human sustenance for well over 10,000 years. Some advanced cultures of the world have revered a particular grain so much that they deemed it sacred and made it a civilizing fundamental and a daily food staple. Most of these grains have endured and remain a primary source of nourishment for a majority of the world's people.
I was standing in a produce department the other day stickering what seemed like thousands of tomatoes with little green stickers. A customer walked up and said, "Why do you do that? I hate stickers on my produce. They are a pain to get off, and I hate the thought of eating them by accident when I don't see or fully remove them!" As I was listening to this customer, I couldn't help wonder the same thing. Why the heck are we spending all this time and labour doing something that the customers don't like and that I feel is a complete waste of time?
Social scientists have done much research on how people learn and have defined the differences among learners through a variety of paradigms. One common and widely used paradigm identifies three learning styles: auditory, visual, and kinesthetic.
In life, we are often judged by our appearances. While this is unfortunate, it is reality. In a business setting where we are attempting to sell a product, we are not only selling the item, but we are selling our store, our service and our people. This is no different and perhaps even more important in the health store world since people expect us to look good and never catch a cold.Is your staff a reflection of your store? Do their personal lifestyle and physical appearance mimic the image you are attempting to project as a business owner?
Facial expressions determine how you feel. New science has shown that our brain has six emotional centers. In the book The Emotional Life of Your Brain, they review this research. Studies now prove a smile or a frown often determines if you are feeling up or down. MRI imaging shows how smiling fires neurons in the area of the brain recognized for storing positive emotions while a frown fires neurons in another area that stores negative emotions. Smiling releases positive hormones and feelings throughout the body, so whenever you recommend 5 HTP to improve someone's mood, suggest taking it with a smile.
In an exclusive interview with CNHR, Marian Berelowitz, an editor of JWTIntelligence, took some time to share what she sees are some of the hot trends that pertain to our industry. JWTIntelligence is a popular destination for people looking for the latest business trends. JWTIntelligence is part of JWT (formerly known as J. Walter Thompson) and calls itself a center for provocative thinking that is a part of JWT, the world's best-known marketing communications brand. We make sense of the chaos in a world of hyper-abundant information and constant innovation—finding quality amid the quantity." JWTIntelligence focuses on identifying changes in the global "zeitgeist" or spirit of the time, so as to convert shifts into compelling opportunities for brands.
News, Views and Happenings in the world of Canadian Natural Health.
An early show requires early messaging. Get your Spring sales message out early with an ad in CNHR. Reach the key retailers well before CHFA West. Here’s what your ad can do for you:
• share your spring promotional plan with all retailers
• help your sales team reach sales targets
• introduce your new products BEFORE the show
• tell retailers about your show specials early
• help open doors for your sales team
• create traffic at your booth
• solidify brand loyalty
• tell retailers about your new services, too!
• support all of your in-store, digital and consumer marketing efforts
Advertisers: FREE value-added features As an advertiser, you’ll be in one of our biggest issues of the year. (There will be loads of bonus circulation during CHFA West.) Along with your ad being viewed by more than 10,000 owners, managers, buyers, product recommenders and floor sales staff, you also get some great free editorial opportunities, including Trade Talk, Product Profiles and Pre-Show Buzz. Here are the details: Trade Talk is one of the highest read sections of CNHR and your vital link with retailers. Keep current and potential new customers updated on your new products, new staff, new website, new promotions, etc. Deadline for Trade Talk: November 7
We have lots of advertising options at many price points. Tell me what ad size you’re considering or what your budget is, and I will personally customize a proposal just for you. I’ll explain all of the value-added features CNHR has to offer your company!