Monday 26 January 2015

Cadbury banned in USA



This is an interesting situation. Hershey appears to have won a lawsuit to prevent British-made Cadbury chocolate products from being sold in the USA, restricting key importers from wholesaling them with all manner of retailers in the states. Apparently, too many products are close to Hershey equivalents???!!

Here’s the story:

It’s an interesting one given that Cadbury is in fact owned by Mondelez International, which is an American company to my understanding. There is some initial talk that Cadbury will be made under licence in the USA going forward, perhaps even by Hershey. Speculation no doubt but it does make you wonder where the beloved British Cadbury brand is actually going.

In the meantime, lack of supply on shelves in the USA will surely open the doors online for a while? Brits across the pond (and Yanks that like British tastes) will look online to find their supplies as I cannot see this aspect being totally restricted. I can see lots of British online sweet shops setting up a new landing page called “British Cadbury Chocolate Brands”!

Friday 23 January 2015

Google Shoppping advice



If you are selling confectionery online, you’ll be aware of issues such as SEO, PPC, Google AdWords, conversion rates, abandoned baskets and of course, Google Shopping. Perhaps Google really are taking over the world, but if you are going to sell online, you need them.

Google Shopping is an increasingly used function, used by many to find what they wish to buy at the best possible price. You’ve probably done just that yourself. We cannot all manage to be experts in everything online and so it’s useful when specialist companies such as Lengow write free white papers that we can download and use to broaden our knowledge.

Lengow are a feed management company and have some big names in their portfolio. For most of us, they are offering some useful and free information to help our business! Whilst some of it might blow your mind, there could be some useful snippets to give you a steer. Download the white paper here and see what you think.

 

Thursday 8 January 2015

Is a sweet shop for you?



Many New Years’ resolutions are sure to involve the pursuit of enterprising ventures in a bid for a better work-life balance or to achieve the dream of running your own business. With relatively low start-up costs, the idea of setting up a sweet shop is often desirable and we know that many prospective sweet shop owners will stumble upon Sweet Retailing. But is the task of setting up and running a sweet shop for you? Here’s some thoughts to ponder.

Kids. Do you like them? It might seem like an odd question but an important one none-the-less. You see a sweet shop draws children like bees to a honey pot and you cannot behave like Mr Grumpy when they rush through the door. So if you can put a big tick against this point (and a permanent smile on your face in the presence of youngsters), read on!

A sweet shop needs to be open at least six days a week and it is more than likely that you, the owner, will be running the shop, at least initially. Does your dream involve working in retail on a daily basis? Do you like meeting people and engaging in conversion with them?

In the meantime you’ll have a business to run and this will involve all manner of skills; some of which you might have to learn…fast! For example book keeping, stock control, merchandising, VAT returns, food hygiene, health and safety, security, buying, employment law and more. And this will all have to weave around the fact that you have a shop to run.

How much do you know about sweets? It might be very little initially, aside from your own personal experience as a sweet toothed consumer. That’s ok as there are plenty of confectionery suppliers happy to educate you in the world of sweets and online resources such as Sweet Retailing to embrace. It will however take time and the more knowledgeable you are, the more effectively you can stock your store and the more engaging conversations you can have with your customers.

Display certainly sells and this is definitely the case where confectionery is concerned. Window displays, in-store displays, pricing and promotions are all important. They’ll require creativity and careful planning. Plus a fair bit of trial and error combined with a dose of luck!

Finally, how are you going to get them through the door? You cannot just put a sign up saying “open” and expect a queue! Your skills will be required in carrying out local marketing and this will of course require a modest budget unless you are a PR genius.

I’m not a sweet shop owner myself (I’m writing for SweetRetailing!) but many have told me it is an immensely rewarding way to earn a crust. Like many business ventures, it comes with no shortage of hard work but when it is your own business, that hard work is far more productive than when you are employed. Or so it feels. So if you have not already reached for a pen to scrub the idea of Sweet Shop off your potential businesses list, maybe this idea could be a good one to pursue.

We have a couple of little ebooks that might help you research your venture. The first is a write up Mr SimmsOlde Sweet Shoppe, taken from interviews with founder and owner of the chain, Martin Peet. The second is a fun list of 192 ideas for Sweet Shop names. You can learn more about both of these resources by clicking here.
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Good luck with your New Years’ resolution. I am pursuing my own and eight days in, so far so good.