From Feedback to Fortune: How Smart CPG Brands Pivot Their Packaging and Products for Retail Success
I often tell CPG founders participating in their first ECRM Session that when their product ends up on a retailer’s shelf, it is often different from what they originally pitched during their first buyer meeting. The buyer may want a different packaging design, a tweak in the ingredients, or different pricing options. This is normal, and part of the journey to the shelf.
In fact, brand owners should want this feedback. They should treasure it. During EVERY buyer meeting they should seek out constructive criticism on what they can improve. Nobody is perfect. The buyers are the experts on their shoppers and their markets, and the insights they can share are gold.
Brands that solicit this feedback and act on it tend to do very well.
Indeed, the most valuable asset a CPG founder can possess is not just a great idea, but a profound willingness to listen to retail buyers and dynamically reshape their packaging, pricing, and product development to accommodate them. Here are a few examples of brands that have done this, from interviews I’ve done over the past year.
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Coccaro
Consolo
Sheehan