EP 1294 Allison Ball - Why Grocery May Not Be For You - The Daily Coffee Pro Podcast by Map It Forward

Join our Mailing List - https://www.mapitforward.coffee/mailinglist"Introduction to Regenerative Coffee Farming" is now available On-Demand for as little as $10 - https://mapitforward.coffee/workshops "Biochar for Coffee" is open for pre-registration - https://mapitforward.coffee/workshops "It's Time to Become a Coffee Consultant" is available now with additional new bonus material, including the coffee consultant career map. Get more details on how you can create an alternative revenue stream today at https://mapitforward.coffee/workshops Looking for business advisors or consultants for your business? Get in touch with us here: [email protected]******************************This is the 4th episode in a 5-part series on The Daily Coffee Pro Podcast by Map It Forward hosted by Lee Safar.Our guest on this series is Allison Ball from Retail Ready™ based in San Franciso, USA. Allison is an ex-grocery buyer and currently works helping brands pitch their product to grocery stores across the United States.In this series, the discussion is focused on how to approach getting a coffee brand into a grocery store and achieving success once you're there.The episodes of this series:1. Coffee and Grocery - https://youtu.be/GbtnjI2oAPA2. Mistakes Coffee Brands Make In Grocery - https://youtu.be/7vs2sUIr5cY3. Pitching Your Coffee To Grocery - https://youtu.be/HpdgW4Paglk4. Why Grocery May Not Be For You - https://youtu.be/Y15ySwI98oc5. Selling Coffee Once You're On Grocery Shelves - https://youtu.be/jkooN97v_mUIn this episode of The Daily Coffee Pro by Map It Forward, host Lee Safar discusses with Alli from Ready Retail the pervasive misconception that getting products into grocery stores like Whole Foods or Sprouts guarantees business success.They delve into the intricate realities and challenges of grocery retail, emphasizing the importance of understanding financial documents like profit and loss statements.They also cover the high costs and risks associated with grocery retail, the necessity of proper cash flow management, and why emerging brands need to diligently assess their readiness before jumping into retail.00:00 The Myth of Instant Success in Grocery01:02 Introduction to the Series and Guest01:16 The Harsh Realities of Grocery Business01:39 Financial Literacy in the Coffee Industry02:40 The Expensive Hobby vs. Real Business04:12 The Reality Check for Aspiring Brands08:28 The Financial Strain of Grocery11:13 Price Increases and Retailer Relationships13:27 The Importance of Consistency in SKUs16:27 The Humiliation of Failing in Retail21:38 Final Thoughts and Next StepsConnect with Allison Ball and Retail Ready™ here:https://www.instagram.com/foodbizwiz/https://www.alliball.com/homeREBUTTAL••••••••••••••••••••••••••••••••Connect with Map It Forward here: Website | Instagram | Mailinglist💡Support this podcast on Patreon here: https://www.patreon.com/mapitforward📽 Watch the podcast on Youtube: https://bit.ly/3ouyFYW🎙 Check out the audio version of our podcast here: Apple Podcasts | Spotify🧐 Find out more about Map It Forward Mastermind Groups here: https://mapitforward.coffee/groupcoachingLooking for a business advisor for your established coffee business or startup? Email us here📧 email: [email protected]