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Nick Portillo

Strategize to Thrive: How to Build Foodservice Objectives

Before meeting with your broker to build-out objectives, determine what are the key metrics that drive your economic engine.

From there, set time with your foodservice broker partner to construct a strategy. You hired them to be the local market expert, so it’s important to let them collaborate in the strategic planning process. When you allow your broker team to be a part of the planning process, it creates ownership for everyone involved.

Not of caution: we would recommend shying away from handing the broker expectations that they had no say in creating. They are a part of your sales and marketing efforts and having their buy-in is critical for your mutual success. Brokers manage multiple brands, so it’s important that you’re positioning yourself and your brand in a way where the broker is excited about growing your line.

So, what is the best way to go about building out objectives?

Simple… Begin with the end in mind.

Few things to figure out first:

Step 1

Determine your company’s overall growth goal on an annualized basis. This can be either calendar year or fiscal depending on how your company runs their accounting.

Step 2

Figure out how much of that country-wide growth will be required in the market(s) your broker operates in.

Step 3

Now let’s get in to how to break up the growth goal for your broker. You need to factor in the following:

  • Core: Retention of existing customers & existing products.When setting objectives, consider potential attrition within your core base. For instance, aiming for a 10% growth might require planning for a 15% increase due to possible losses. If you started with a baseline of 100 cases, and you aim for 10% growth (110 cases), but experience a 5% reduction due to slower business or lost customers, you’d need a plan for 10 new cases plus 5 more to offset the core loss, totaling 15 new cases. This approach ensures your goals are realistic and adaptable to potential challenges.
  • Penetration: Existing customers & products. This means selling more sku’s in to existing customers.
  • Innovation-Acquisition: New customers & new and existing products. This is all about new sales!
  • Plan Total: Must equal sales goal.
Step 4

Once you have the numbers figured out, now we go in to the tactics to make it come to life. This is where your broker partner needs to be a part of the conversation. For Core, Penetration, Innovation-Acquisition, you and broker need to collectively determine the individual objectives to create the plan

Step 5

Ensure both you and your broker have a copy of the objectives.

Step 6

Set a cadence for meeting with your broker to review their progress.

Step 7

Objective planning isn’t an exact science. No matter how you draw it up, it most likely won’t look like that at the end of the year and that is ok. Just adjust throughout the year as you go along.

The 14 Benefits of Working with a Food Broker

Picture this: a food expert and a sales superstar rolled into one awesome package. That’s your food broker partner. They’re like the secret sauce that makes your business bloom.

So, what exactly is a food broker? Think of them as the ultimate matchmakers for your food products. They team up with manufacturers like you to place food products at retailer/operators within their territories. These pros know the food world like the back of their spatula – trends, tastes, and all the insider scoop. They’re here to help you find the perfect recipe for success.

In this lesson, we’re diving into the exciting world of food brokers and what they bring to the table. We’re talking about supercharged market know-how, the magic touch to skyrocket your sales, and their ability to report back market intelligence. Here’s where they can help:

  1. Market Expertise: Food brokers have a deep understanding of market trends, consumer preferences, and industry dynamics, helping your products stay relevant and competitive.
  2. Building the Sales Plan: Food brokers collaborate closely with you to devise a comprehensive sales plan that aligns with your goals, market dynamics, and consumer preferences
  3. Product Selection: Food brokers work closely with manufacturers to understand their product offerings, target audience, and unique selling points. They curate a selection of products that align with the preferences of their customer base.
  4. Presentation and Negotiation: Food brokers create compelling presentations and product pitches to showcase the value and potential of the products they represent to their customer base. Negotiations revolve around pricing, terms, promotions, and other logistics to ensure a mutually beneficial agreement.
  5. Distribution Relationship Management: Food brokers maintain ongoing relationships with distributors. They serve as a bridge of communication between manufacturers and distributors, addressing any concerns, coordinating orders, and ensuring smooth operations.
  6. Sales Support: Food brokers provide sales support by training distributor sales teams about the products’ features, benefits, and unique selling propositions. This empowers the distributor’s sales force to effectively promote the products to operators/retailers.
  7. Retailer/Operator Engagement: In retail, food brokers facilitate introductions between manufacturers and retailers, presenting the products and explaining their appeal. They often collaborate on promotional strategies to enhance visibility and drive sales at the retail level.In the foodservice realm, food brokers play a pivotal role in connecting manufacturers and operators. They orchestrate product introductions, highlighting the product’s features and benefits. Additionally, they frequently team up to devise promotional and rebate tactics that help to stimulate sales.
  8. Sales Call Reporting: Food brokers maintain an ongoing log of their sales activity within their customer relationship managements tool (CRM) that can be leveraged by you to make better sales and marketing decisions. 
  9. Product Feedback: Food brokers gather feedback from operators or retailers, consumers, and the distributor’s sales teams. This valuable input helps manufacturers fine-tune their products and marketing strategies for better market fit.
  10. Problem Solving: In the event of challenges such as supply chain disruptions or changing market dynamics, food brokers collaborate with your customers to find solutions that minimize disruptions and ensure consistent product availability.
  11. Time Savings: Food brokers handle tasks like sampling and paperwork, allowing you to focus on your core competencies and growth strategies.
  12. Brand Development: They contribute insights to your brand strategy, helping you create a compelling brand story that resonates with consumers.
  13. Increased Sales: Isn’t this what we all want? With their expertise, food brokers can significantly increase your sales by tapping into their market insights and connections.
  14. Long-Term Growth: Collaborating with a food broker can contribute to sustained growth, as their support streamlines operations and optimizes market positioning.

So, grab your apron and get ready to cook up success with the fantastic benefits of partnering with a food broker! Let’s dig in…

The Ultimate Guide on How to Train Your Broker

So, picture this: you’ve got these amazing products that you’ve poured your heart and soul into. Now, you’ve got this food broker… Training them on how to sell your stuff? That’s like giving them the superhero handbook to rock those sales pitches. But why bother? Here’s the scoop:

  1. Know Your Stuff, Sell Your Stuff: When your food broker knows your products as well as you do, they can talk about them with the kind of confidence that makes buyers perk up and take notice.
  2. Keeping It Consistent: Imagine your brand message hitting just the right note every single time. With a trained food broker, that’s what you get – a consistent voice, no matter who they’re talking to.
  3. Tailored Solutions, Happy Customers: Armed with product knowledge, your food broker can whip up solutions that cater to specific customer needs. That personal touch? It’s like a secret ingredient for winning hearts.
  4. Tackling Hurdles Like a Pro: When objections pop up, your trained food broker won’t break a sweat. They’ll know just what to say to turn a ‘no’ into a ‘let’s do this!’
  5. The Trust Factor: Buyers trust someone who knows their stuff. A food broker who’s well-versed in your products is a magnet for trust, which translates into more sales.
  6. Spotting Trends and Seizing Opportunities: Think of your food broker as a trend-spotting ninja. They’ll know how to ride the waves of what’s hot and turn it into sales gold.
  7. Friends for the Long Haul: When your food broker knows your products, they can build genuine relationships with buyers. That means long-term partnerships, which means repeat business.
  8. Cha-Ching! More Sales: Ultimately, when your food broker knows their stuff, sales go up. It’s as simple as that – well-informed pitches mean more closed deals.
  9. Less Back-and-Forth: Training now means fewer calls for help later. Your food broker won’t be ringing you for every small detail, saving you time.
  10. Standing Out in the Crowd: A food broker who’s a product pro can make your offerings shine. In a sea of competition, they’ll know how to make your products stand out.

Now, all of this sounds great, but let’s break down how to actually achieve all of this.

1. Introduction

Welcome to the sizzling realm of broker training! Consider this manual your ticket to turning your food broker partner into a selling sensation. Think of it as your secret recipe for baking them into confident and ace sales magicians who’ll work their charm on your behalf. Are you following along? Whether your partner is new to your company or you’re seasoning up their existing skills, this program is your guide for sprinkling them with knowledge, techniques, and a can-do attitude to whip up success and build your business.

Ready to cook up some sales magic? Let’s dive in!

Why Sales Skills Matter

Sales skills are at the heart of every successful food business. You and your broker’s ability to connect with customers, understand their needs, and present solutions can make all the difference. In today’s dynamic marketplace, where competition is fierce and customer expectations are high, honing sales skills is essential to stand out and drive business growth.

Who Can Benefit from this Training

This training program is designed for food broker reps, both new and experienced on your line. The broker owner, sales representatives, and anyone involved in customer-facing roles will find this training beneficial. The principles discussed here are applicable across industries, from retail to foodservice.

The Role of a Food Broker Salesperson

In the context of the foodservice and retail ecosystem, a food broker rep is like the middleman between you and the distributor and operator/retailer, guiding the interaction towards a successful outcome. They are responsible for understanding customer needs, providing information, sampling products, addressing concerns, establishing distribution and ultimately facilitating a purchase. A broker rep is not just a seller; they are a problem solver and a relationship builder, working to create a positive experience for the customer.

2. Understanding Food Sales Fundamentals

The Sales Process: Steps and Stages

Think of the sales process as a series of well-defined steps, akin to assembling ingredients to create a dish. These are the steps your broker takes with their customers from initial contact to the product being shipped. Let’s break down the stages:

  1. Prospecting: This is the phase where brokers identify potential operators/retailers who might be interested in your offerings.
  2. Qualification: Here, they determine whether a prospect is genuinely interested and a good fit for what you’re selling.
  3. Cutting/Sampling: This step involves sampling your products with the operator/retailer. A “cutting” refers to sampling your product side-by-side with what the customer is currently using  to taste and identify the differences. 
  4. Handling Objections: Just as in any interaction, operators/retailers may have concerns or doubts. When your broker has the tools to address objections, it helps them build trust with their customer(s).
  5. Establishing Distribution: If the customer has or prefers a certain distributor, the broker needs to ensure the product is already stocked with that distributor or must work with the distributor to ensure it can be available so the operator/retailer can purchase. 
  6. Closing the Deal: This is the point where the operator/retailer prospect becomes a customer, and the transaction is completed.
  7. Follow-Up: After the sale, maintaining a connection through follow-up ensures customer satisfaction and opens the door for potential line extension in the future.

3. Building a Strong Foundation with Your Broker

Developing a Sales Mindset

A sales mindset is all about adopting a perspective that aligns with successful selling. Here’s how you can cultivate it with your broker:

  • Positive Attitude: Approach every interaction with optimism. Believe in the value of your products and how they can benefit your broker’s customers.
  • Resilience: Rejection is part of the food sales game, but empowering your broker to remain resilient and pursue opportunities both short and long term will lead to incremental sales. 
  • Customer-Centric Focus: Shift your focus from just making a sale to solving a customer’s problem. You need to position yourself as a trusted advisor your broker can rely on to overcome objections.

Effective Communication Skills

Communication is the bridge that connects you to your brokers. Mastering these skills is vital:

  • Clear and Concise Messaging: Present your products in a way that’s easy for your broker to understand. Avoid jargon or overly technical language. They are tasked with remembering thousands of sku’s across their portfolio of brands, so its crucial to keep it simple. 
  • Tailored Communication: Adapt your communication style to match the preferences of your broker. Some broker reps may prefer detailed information, while others only want a topline overview.
  • Building Rapport: Establish a genuine connection by showing interest in your broker’s needs and engaging in friendly conversation. When your broker reps feel like you are being critical of them, they may stop communicating with you. Keep critical feedback with broker leadership. 

Active Listening and Empathy

Active listening to your broker partner is an absolute superpower! Pair it with empathy for maximum impact:

  • Focus: When your broker speaks, give them your full attention. Avoid distractions and interruptions. This not only benefits your relationship with the broker, but also reduces the amount of times they need to reach out to you regarding the same thing. The more broker reps selling on your behalf, the more questions arise. Be focused. 
  • Ask Open-Ended Questions: Encourage brokers to share more by asking questions that can’t be answered with a simple “yes” or “no.” Help them understand that the more questions they can glean from the customer, the better you can help identify the right product or solution. 
  • Empathetic Responses: Show that you understand and care about the concerns of the customers. What happens if a customer tells the broker they do no like doing business with your company due to a poor past experience? Wouldn’t you want your broker rep to feel comfortable enough to let you know? Empathy builds trust and rapport.
  • Body Language: Pay attention to both verbal and non-verbal cues. Your body language should convey that you’re engaged and attentive.

4. Product Training & Presentation

Knowing Your Product Inside Out

Your product may be the centerpiece of a meal – your broker needs to know it like the back of their hand. Here’s how:

  • Features and Benefits: Educate them not just what your product does, but how it solves problems for their customers. What pain points does it address? What value does it add to their lives?
  • Technical Details: Don’t shy away from the nitty-gritty. Be prepared to answer questions about product specifications, ingredients, and any technical aspects. This builds credibility.
  • Differentiation: Know what sets your product apart from the competition. Whether it’s unique features, quality, or pricing, educate your broker sales force on what makes your product the top choice.

Crafting Compelling Product Presentations

Think of your product presentation as a gourmet dish – it should be visually appealing, engaging, and leave a lasting impression:

  • Storytelling: Share success stories of how other customers are using their product. Maybe even disclose what your other broker partners are doing to showcase your products and win new sales. This spurs creativity for your broker on how they can better service your business. 
  • Visual Aids: Use visuals like images or videos to showcase your product in action. (Note: be careful on the videos. Many corporate food videos are boring and not necessary for your brokers to see. Trick is not to lose their attention). 
  • Sampling/Cutting: If possible, put your products in the mouths of your brokers. Let them experience your product firsthand. A hands-on approach can create a memorable and convincing experience they can share with their customers. .

Addressing Broker Needs with Solutions

Your product isn’t just a commodity; it’s a solution to a problem. Tailor your presentation to help your brokers imagine how it will align with their customer’s needs:

  • Customization: If you have the ability and capacity to develop/produce a new sku specific to a customer, make sure your broker understands the volume, artwork, and all pertinent information required to make it happen. 
  • Take Home Samples: Provide your broker ample amount of samples to not just take out to customers, but to take home too! If your broker isn’t using your product at home with their family, how can they really believe in it?
  • Profit Calculator: Provide your broker with a profit calculator if you are selling quality over price. Many times (especially with canned goods), your product may be more expensive than the competitor, but when you drain out the water/liquid of your competitor’s product, the usable yield may tilt the cost calculation on your favor. Note: Attached to this lesson is a profit calculator. 
  • Problem-Solving: Highlight how your product directly addresses common challenges or pain points your broker’s customers might face. Paint a vivid picture of the solution it provides.

Remember, product knowledge and presentation are like the secret recipes of successful sales. The more your broker knows about your product and the more compellingly you present it, the more likely they are to win over customers. So, immerse yourself in your product, craft presentations that captivate, and offer solutions that satisfy customer cravings. Your expertise will shine through, making you a sales superstar.

5. The Art of Prospecting & Lead Generation

Identifying Potential Leads

  • Ideal Customer Profile: Educate your broker on your ideal customer based on demographics, segment, and preferences. This narrows down your broker’s focus and helps them target the right audience. Many times sharing what customers are already buying your products elsewhere in the country, can help paint that picture.
  • Market Research: Dive into research to identify industries or segments that could benefit from your product and present it to your broker. Remember, they are an extension of you!
  • Data Analytics: Leverage data (Nielsen, Datassentials, Technomics, etc.) to track and identify opportunities. This helps your broker niche down their focus. 

Cold Calling Techniques

Cold calling is very important in the food broker world. Brokers are constantly asked if they know this account or that one… And many times they may not. Here are some tricks to help you teach them how to use your products to open a relationship with an operator/retailer:

  • Personalization: Develop a 1-minute script that your broker can use as an ice breaker in front of someone they have never met. 
  • Hook in the Beginning: Must have a strong hook! Operators/retailers are busy and your broker needs a strong hook to break through the noise and get their attention. 
  • Effective Follow-Up: If the initial call doesn’t lead to an immediate appointment or sale, ensure your broker follows up. Persistence and consistency can turn a “no” into a “yes.”

Utilizing Referrals and Networking

Here’s how to use them:

  • Existing Customers: Happy customers are your best advocates. Ask for referrals and testimonials from satisfied customers and give them to your broker to leverage with their customers. 
  • Professional Networks: Attend food shows events, conferences, and seminars. Collaborate with your broker on the leads you generate. 
  • Online Presence: Use social media platforms to drive lead generation. Forward the leads to your broker to then follow up. 
  • Collaborations: Partner with other manufacturers. Cross-promotions and collaborations across multiple brands the broker represents can net you more time on your line.

6. Effective Sales Techniques

Consultative Selling: Understanding Customer Pain Points

Here’s how to teach it:

  • Needs Assessment: Engaging in meaningful conversations to uncover customer pain points and challenges is a big part of the broker’s day-to-day life. You need to ensure your brand message, marketing materials, etc. align with the needs of your broker’s customers. Don’t just tell the story, show it. 
  • Solution Alignment: Once a broker has identified their customer’s pain points, they then offer solutions that directly address those challenges. A huge part of the broker training is making sure your broker understands how your product can be the remedy their customer is looking for.
  • Building Trust: Position yourself as a trusted advisor or thought leader. Working in tandem with your broker can help build their customer’s confidence in you and your products. 

Features vs. Benefits: Communicating Value

Imagine your product’s features as ingredients and its benefits as the delightful flavors they add. Here’s how to communicate value effectively:

  • Features: These are the specific attributes of your product. While important, they become meaningful when tied to benefits.
  • Benefits: These are the positive outcomes or solutions that customers gain from using your product. Emphasize to your broker how your product makes their customer’s lives better, easier, or more enjoyable.
  • Customer-Centric Approach: Frame features in terms of how they directly impact the customer. For instance, instead of saying “Our product includes robust spices,” say “The robust spices in our product will provide your customer a memorable eating experience that will lead to repeat business.”

Helping Your Broker Overcome Objections with Confidence

  • Listen First: When a customer raises an objection with your broker, make sure they listen attentively to understand the customer’s concerns. Sometimes objections reveal underlying needs.
  • Acknowledge and Address: Instead of brushing objections aside and accepting a “no,” acknowledge them and offer your broker a solution. This shows that you’re attentive and solution-oriented.
  • Turn Objections into Selling Points: Use objections as opportunities to highlight to your broker your product’s strengths. If a customer objects to the price, emphasize the value they’re receiving.

Remember, effective sales techniques are all about blending the right ingredients in just the right way. By practicing consultative selling, effectively communicating the value of your product’s features and benefits, and addressing objections with confidence, you’re crafting a sales approach that your broker partners can trust and rely on.

7. Closing the Deal

Recognizing Buying Signals

Think of buying signals as subtle hints that your broker’s customer is ready to take the plunge. Here’s how to teach them:

  • Verbal Indicators: Have your broker attention to phrases like “How soon can I get this?” or “What’s the next step?” These hints indicate a keen interest.
  • Body Language: Educate your broker on positive body language, like leaning in, nodding, or maintaining eye contact, which signals engagement and eagerness.
  • Asking Detailed Questions: And of course, when a prospect starts asking specific questions about pricing, implementation, or features, they’re likely envisioning using your product.

Trial Closes and Final Closes

Here’s a broad brush on how to teach the art of the close to your broker:

  • Trial Closes: Practice trial close with your broker. Teach them questions like “If we could address [customer’s need], would you be ready to move forward?” This gauges their readiness.
  • Final Closes: Also, have your broker understand when they sense the customer’s interest is at its peak, it’s time for the final close. They need to use clear language to propose the deal and ask for the sale.
  • Handling Objections: If and when objections arise during the closing phase, be by the broker’s side ready to address them confidently and reiterate the benefits of your product.

Creating a Sense of Urgency

Imagine a bustling kitchen during peak hours – urgency adds a dynamic energy that keeps everything moving smoothly. In sales, urgency serves as the secret ingredient that speeds up the deal-making process. Here’s how to teach it:

  • Limited-Time Offers: Equip your broker with time-sensitive promotions or discounts to motivate customers to make a decision sooner.
  • Showcase Scarcity: Notify your broker when your product is in limited supply or high demand. This can help them nudge their customers to act before they miss out.
  • Highlight Benefits: Provide examples to emphasize the immediate benefits customers will gain by making a decision now rather than later.
  • Foster Fear of Missing Out (FOMO): Provide case studies to your broker so they can illustrate how others have benefited by acting promptly.

8. Negotiation & Handling Objections

The Psychology of Negotiation

Imagine negotiation as a delicate dance – understanding the psychology behind it is key to leading with finesse. Here’s how to teach it:

  • Focus on Interests: Instead of fixed positions, focus on communicating underlying interests to your broker. Identify what both parties truly need to achieve from the deal.
  • Offer Concessions: Equip your broker with concessions strategically to show your commitment to finding common ground. This encourages reciprocity from the other party.
  • Problem-Solving Approach: Approach negotiation as a problem-solving exercise. Work together with your broker to find creative solutions that benefit both sides.
  • Empathy and Understanding: Help your broker see the world through their customer’s eyes so they can understand their customer’s motivations, concerns, and desired outcomes.
  • Framing: Provide your broker proposals in a way that highlights the value they bring to their customer. They need to frame your offer as a solution to their customer’s challenges.

All in all, make sure you and your broker focus on prioritizing a win-win situation for you and your future customer!

9. Building Customer Relationships

Here’s how to communicate their importance:

  • Trust and Loyalty: Strong relationships are built on trust. When customers trust your broker, they’re more likely to remain loyal and choose your offerings over competitors.
  • Repeat Business: Satisfied customers return for more. Building a relationship means repeat business, ensuring a consistent revenue stream for your and your broker.
  • Referrals: Loyal customers become advocates. They refer friends, family, and colleagues to your business, expanding your customer base. (That goes for your broker’s services too!).

Follow-Up and After-Sales Service

Imagine after-sales service as the cherry on top – it leaves a sweet taste long after the meal is over. Here’s how to excel at it:

  • Immediate Follow-Up: Reach out to customers promptly after a sale… That is well-known in sales. Want your broker to differentiate themselves from everyone else? Empower them to follow up within 5 minutes of that conversation/meeting they just had. Everyone else follows up at the end of the day or later in the week. Not your broker! They do it right now and WOW their customers. 
  • Continuous Engagement: Stay in touch even when there’s no immediate sale. Share valuable content, updates, and offers to maintain the connection.

10. Role-Playing and Practical Exercises

Imagine scenario-based training as a simulation – it allows you to navigate various situations in a controlled environment. Here’s how to make the most of it:

  • Realistic Scenarios: Craft scenarios that mimic real-life sales situations. This helps your brokers practice making decisions and responding to challenges.
  • Diverse Situations: Cover a range of scenarios, from initial prospecting to closing deals. This exposes them to the different stages of the sales process.
  • Critical Thinking: Encourage your brokers to analyze each scenario and strategize the best approach. This enhances their critical thinking skills.

Role-Playing for Skill Enhancement

Think of role-playing as a rehearsal before the actual performance – it hones skills in a safe space. Here’s how to maximize its effectiveness:

  • Assign Roles: Have broker reps take on different roles – one as the salesperson and another as the customer. This provides a comprehensive perspective.
  • Realistic Interaction: Encourage the broker rep participants to immerse themselves in their roles. This includes responding authentically to objections and questions.
  • Variety of Scenarios: Role-play different scenarios, allowing your broker reps to practice handling objections, negotiations, and closing deals on your behalf.

Feedback and Learning from Mistakes

Imagine feedback as a compass that guides improvement – it’s essential for growth. Here’s how to use it effectively:

  • Constructive Feedback: After role-playing sessions, provide constructive feedback on what was done well and areas for improvement.
  • Encourage Self-Reflection: Ask your broker reps to reflect on their performance and identify areas they feel they could have handled differently.
  • Learning from Mistakes: Mistakes are valuable learning opportunities. Encourage them to analyze what went wrong and how they can approach it better next time.
  • Group Discussions: Hold group discussions after role-playing sessions. This allows the broke reps to learn from each other’s experiences and insights.

Understanding K-12 Bid Management: A Guide to Success in School Foodservice

These bids are essentially formal requests for manufacturers to submit proposals to provide specific products or services to schools, districts, or educational institutions.

Understanding K-12 Bids: A Gateway to Educational Opportunities

K-12 bids serve as a gateway to the educational landscape, offering manufacturers the chance to bring their products into grade schools. These bids encompass a wide array of foodservice products and the process typically involves several stages, including the announcement of the bid, proposal submission, evaluation, and contract award.

Let’s jump in to where and how you can help your broker succeed in this space.

Step #1: Meeting the Proper School Nutrition Guidelines

First and foremost, your product(s) need to meet school nutrition guidelines. What are those guidelines? They can be found on the School Nutrition Association’s website. They do get updated from time-to-time so make sure you are staying up-to-date. Note: If your products don’t fulfill those requirements, it doesn’t benefit you or your broker to show them to K-12 operators. Focus on other segments for growth instead. 

Step #2: Bid Pricing

What about pricing? Typically, when it comes to K-12 bids, you will want to have create a K-12 specific pricelist where you can lock in the price for a year. That’s right… A year! Your broker will reference that pricelist when filling out the bids so you don’t have to. 

Now, let’s get in to how your broker can help you in discovering those bids!

Step #3: Exploring Key K-12 Software Solutions

  1. InterFlex: Largest database of K-12 bid information. The system allows your broker to create bids, distribute them directly to you as the manufacturer, and then submit them back electronically.
  2. Processor Link: Processor Link is another noteworthy software solution that addresses the intricate needs of K-12 foodservice. This platform provides a bridge between food manufacturers and schools, facilitating the bid process for procuring high-quality food products. Processor Link streamlines communication, enables efficient order placement, and ensures the seamless delivery of food items to educational institutions.

So let’s say your product satisfies the school nutrition guidelines, it is priced competitively and locked in for a year, and your broker is all set up on the K-12 software… Now what?

Step #4: Processing the Bids

  1. Bids will come via email, they come from customers such as the school districts themselves, co-op’s, and distributors. 
  2. Once the broker receives the bid, they will check the bid line-by-line and see if the client’s they represent are on the bid or if there are product categories that align with their cleintele.
  3. The broker will then write down the name of the school, who sent the bid, and when it is due.
  4. Once that is complete, they will scan again line-by-line to write down eligible products that meet the criteria of the clients; in other words, if they carry that particular item and that size.
  5. From there, the broker will submit the manufacturer’s locked in pricing or send back to the manufacturer for final review and follow up. 
  6. When applicable, you as the manufacturer can deepen the off-invoice for the price. Make sure to base that decision on volume potential.
  7. After retrieving all of the pricing, the broker will send the copy of the bid and the pricing back to who published the bid originally.
  8. If a manufacturer asks about an award on an item for that bid, the broker can look at Interflex and check who received the reward, if it is published there. Usually, the bidding manufacturer can see, or gets copies of the awards themselves.
  9. When it comes to renewal bids, the broker will check for their clients. Many times, they cannot bid any new brands on renewals as the vendor is already in place for that school district and they just want pricing on the items listed.

What Exactly Does a Foodservice Broker Do?

In this exploration, we’re about to lift the curtain on the captivating world of foodservice brokers. Foodservice brokers play a crucial role in connecting those who manufacture the food to those who service customers dining away from home. So, let’s embark on a journey to uncover the nuances of what foodservice brokers really do.

Understanding the Basics: What’s the Buzz About Foodservice Brokers?

Alright, let’s start with the basics. What exactly is a foodservice broker? Picture them as matchmakers of the food world, linking manufacturers with distributors and operators. But unlike traditional sales reps, these folks operate independently, representing a diverse array of products from various manufacturers. They’re multi-line reps, focusing on specific regions, understanding local tastes, and ensuring the success of their manufacturer clients.

Brokers in Action

Foodservice brokers are the unsung heroes navigating the intricate web of relationships within the food industry. They’re the bridge builders between manufacturers, distributors, and operators, ensuring a harmonious flow of products.

Manufacturer Collaboration: Brokers are like the PR agents for manufacturers. They build partnerships, curate diverse portfolios, and negotiate deals that guarantee prime real estate for products on the market.

Distributor Engagement: Working hand in hand with distributors, brokers ensure products reach their destination efficiently. It’s a delicate dance of coordination, from delivery schedules to managing inventory.

Operator Relationship Management: Brokers collaborate with operators, understanding their menu needs, offering menu development support, and providing training on product usage.

Key Functions of Foodservice Brokers:

Now, let’s dive into the nitty-gritty of what makes foodservice brokers the real MVPs of the industry.

Market Research and Analysis: Brokers are the trend-spotters, keeping their fingers on the pulse of the industry. They analyze markets, study the competition, and gather consumer insights to shape product strategies.

Sales and Promotion: Armed with a knack for sales, brokers develop strategies to boost product visibility. They roll out creative promotional campaigns and cultivate strong relationships to keep the sales pipeline flowing.

Negotiation and Deal Closing: Brokers are the deal-makers. They negotiate contracts, develop pricing strategies, and ensure all parties are on board, sealing the deal for a smooth supply chain.

Industry Challenges and Broker Solutions: Navigating the Storm

The food industry isn’t all sunshine and rainbows. Challenges abound, and brokers step in as problem-solvers, ensuring the show goes on.

Supply Chain Disruptions: Brokers are proactive planners, anticipating disruptions, managing inventories, and executing crisis management plans when unexpected challenges arise.

Evolving Consumer Preferences: With tastes ever-changing, brokers analyze trends, assist in product innovation, and help clients align with the values and preferences of the modern consumer.

Regulatory Compliance: Staying updated on industry regulations, brokers guide clients through compliance requirements, ensuring a smooth and legal supply chain.

The Future of Foodservice Brokers: 

As the food industry evolves, so do foodservice brokers. Embracing technology and sustainability is the name of the game for staying ahead.

Technology Integration: Brokers leverage CRM systems, data analytics, and e-commerce platforms to streamline operations, enhance communication, and keep up with the digital age.

Sustainability Initiatives: With an eye on the environment, brokers push for green supply chains, eco-friendly packaging, and ethical sourcing practices to meet the demands of a conscious consumer base.

The Human Element: Relationships in the Digital Age

Amidst all the technology, brokers never forget the human touch. Personalized services, effective communication, and industry networking remain at the core. They are in the relationship building business!

Personalized Services: Brokers prioritize client needs, ensuring tailored solutions and building trust through effective communication.

Industry Networking: Actively engaging in food shows, building industry contacts, and forging collaborative partnerships for mutual growth.

In the dynamic culinary landscape, foodservice brokers weave the threads that connect manufacturers, distributors, and operators. Their role is a delicate dance of market research, negotiation, and relationship-building. As the food industry evolves, the adaptability and innovation of foodservice brokers will continue to shape the future. Through a blend of human-centric approaches and technological advancements, these maestros are poised to navigate challenges and contribute to the growth and success of the vibrant food industry. So here’s to the foodservice brokers—celebrating the magic behind the scenes.