Thanksgiving Day Update from GNGR CEO
11/26/14 Update from the GNGR Facebook Page...
While our distributor delivers to the larger gourmet markets, I am training a sales associate how to sell to the local smaller stores like the ones pictured. There are so many locations we can sell our products to that are not approached by larger companies sales reps which require those small owned locations to have to spend time going to wholesale suppliers to buy what they need. This is a great way for us to get our products into high traffic, buying mode consumer locations and also offer a service to the owners who would rather have someone come in and take an order and deliver so they can focus on their businesses. Each rep should be able to acquire 5 locations each day with ease and end up with 100 locations each month as their route to manage.
With a retail price lowered to $11.99 per fudge (a great value) we will offer each rep a 20% commission being $1.40 from the wholesale price of $7.00 for each fudge sold.
With 100 locations in a given route (more if the rep wants more locations) only 5 locations will have to be visited each day which can be done part time. With each location selling a minimum 1 unit per day would equate to $140 per day in commissions (totaling about $840 per week) as other items are presented and sold that commission should double to about $1700 per week, working part time!
GNGRs % of the $7.00 wholesale price after commission is $5.60 per unit with a minimum NET profit of 50% after cost of goods sold, overhead and delivery costs. This new structure is great for GNGR, Sales reps, the stores who sell them and especially the customers who will like the new lower price.
I have no doubt that someone can easily establish 10 locations per day and manage 200 each month with ease and be able to achieve $100,000+ in commissions annually in a fun (make your own hours) stress free environment where the products are very welcomed in those locations.
This will be ground breaking for GNGR as mentioned that this is the FIRST time we are focusing on ONE item for now and I like what I see and SO does the stores we sell to. I am sure 2015 will be the year of Growth and focus and with that, success will follow.
NOTE:
There are
- 2199 butcher meat markets in NY
- 1100 liquor stores in NY
- 5000 Delis in NY
(there are more, this is just what is listed from those who advertise on line)
- We make GREAT products that are real and can be purchased on line or in stores (fact)
- We generate a fantastic profit margin even after costs and commissions (fact)
- We are unique and selling to a demanding market for our products (fact)
- We are publicly traded and will continue to move forward regardless of negative "OPINIONS" (fact)
Grant
AI
