Saying ‘No’ Can Be Your Biggest Advantage as a CPG Brand
What makes a brand story sexy? What gives the appearance of a healthy and strong business? What gives friends and family the impression that you are killing it? Distribution gains. Fast and furious.
What causes you to lose sleep at night and wake up in cold sweats? Distribution gains. Fast and furious.
Let me be clear. Fast growth isn’t the enemy. That’s not what I’m saying at all. Growth that is intentional and smart is the name of the game. Know what you are getting into. Be intentional with your decisions. Run the numbers. With every opportunity, with every retailer. If the economics of the deal don’t show a path to making money with the new distribution, then you are looking at a fast lane to defeat.
Know when to say NO
Knowing when to say no is a super power in CPG. This understanding is the key to the kingdom. It comes down to being Nice versus being Kind. Being nice to your brand/business would be taking on all the new distribution and growing the brand as fast as possible. It’s sexy at parties. It feels good for people to see your product in more places, but it is …