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Differentiate From Your Grocery Competitors By Offering Unique Products In Your Assortment

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by Megan Moyer

Finding a niche in your community is a good way to build a competitive advantage. If you and your competitors carry many of the same brands and items, bringing in products that are unique to your store can be a strong differentiator. Start by reviewing your product assortment to see where there is opportunity to provide something that will help you stand apart.

Consider not only your competitors, but also your customers and community. Competitors are likely some combination of big-box retailers, dollar, chain grocery stores and possibly convenience stores and small specialty shops. While you may not be able to accommodate the variety or broad assortment within departments some of them carry, you can offer items they don’t or won’t stock.

The easiest way to increase your sales is to get your current customers to spend more money in your store. Think about what your customers gravitate toward. Are there opportunities to add products to your assortment that are complementary (maybe a local coffee brand near your bakery department)? Do the brands your customers favor have products in other categories or new products that you haven’t added yet? Spotlight these new additions so your customers notice them as soon as they hit the shelf.

Thinking about the businesses in your community, are there any that you could build business from if you stock items that fill their customers’ needs? Are there assisted living residences in the area? Are there any particular items for residents with special dietary needs that you can stock? What about nutritionists in your area – are there particular brands or products they recommend to their clients that you could carry?

In addition, consider adding locally produced food and beverage items. Not only will you aid another small business, but your competitors don’t always have the flexibility to deviate from corporate-dictated product assortments, so it could be a path to differentiation for your store.

When you put some thought to it, you will likely come up with several possible ways to differentiate by the products you put on your shelves. Work with your distributor to make sure you have the items that meet your customers’ needs as well as increase your sales.

Ask your employees and customers for suggestions, too. You might be surprised at how many opportunities you identify!

Consumers are increasingly concerned with being healthy, and at the grocery store, health and wellness means more than food and nutrition. Often built around an in-store pharmacy, health and wellness at the supermarket can include over-the-counter remedies, vitamins, nutritional supplements and other products designed to enhance body and mind. This webinar, presented by Dave Wendland, HRG’s VP of strategic relations, will explore expectations, decision drivers and category preferences through the eyes of shoppers focused on wellness and selfcare, offering insights on how independent grocers can capture more category sales.

The webinar is scheduled for Tuesday, Sept. 13, at 2 p.m. EST.

Register at https://attendee.gotowebinar.com/register/1115224073271315212

Megan Moyer is corporate marketing manager at Waukesha, Wisconsin-based Hamacher Resource Group. HRG is in the details of retail, working with product manufacturers, distributors, retailers, technology partners and other industry organizations to provide data and analysis, shopper experience, brand development, fixture coordination and retail communications solutions.

After the past two years of uncertainty and changed plans due to the COVID-19 pandemic, we all hoped that 2022 might bring back a sense of normalcy.

However, with government and independent data confirming 40 years of inflation highs and Wall Street entering a bear market, grocers now have new challenges to face.

In this webinar, we will hear from Todd Taylor of Neighborhood Fresh and Darlene Murphy of Metcalfe’s Market about why shopper loyalty is so important in this time of inflation.

Register Now To Attend

CPG + Grocery Retailers’ Rapid Response to Shifting Consumer Behavior Is Impressive and Ongoing

At every twist and turn, brands and retailers have responded to crisis and disruption with innovation, ingenuity, and reinvention. Until the next big thing pops up, many of the changes to the way consumers now shop for groceries and purchase CPG retail items expect to remain. Despite their nimbleness over the last two-plus years, brands and retailers must continue to improve to meet evolving expectations and demands of consumers.

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Featured Photo Barons Market Flagship Store
Point Loma Community
Huntington Beach, California
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