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- Weekly Updates 12/11/23
Weekly Updates 12/11/23
😋 This Week in CPG
The Online Community for Food and Beverage Startups
😋 CPG Weekly News
A roundup of CPG news that happened last week by Amber Caro
🛒 Retail Rollouts
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has launched in the "New For You Section" at Sprouts!
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can now be found in 99 Wegmans Food Markets locations throughout Pennsylvania, New Jersey, New York, Virginia and beyond!
➡️
is now available in Whole Foods Market across the Midwest.
➡️
just launched with 186 Safeway, Albertsons locations in Washington State (and one lil' one in Idaho), as well as the family of retailers, Carr's in Alaska. (
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🚀 New Product Launches
➡️ SOAPEN recently launched launched 2 news colors and their very first children's book! (Amanat Anand)➡️ Issei launched their Sour Watermelon flavor exclusively at Sprouts Farmers Market!
Have an announcement? Shoot me an e-mail.
CPG Weekly Updates
BANKING AND CAPITAL TO GROW YOUR BUSINESS
Need a line of credit to cover your working capital needs as you grow into retail?
Aion is an FDIC-Insured online bank and offers lines of credit to fund your working capital. You can use the line of credit to cover your inventory costs for new retailer launches, or help cover that 90 day payment period for your first KeHE order.
Sign up for a bank account for free and access credit lines from $5,000 to $500,000. As a special offer for the Foodbevy community, Aion is completely waiving their fee of $29/month to access credit lines.
CREATING A SINGLE SOURCE OF TRUTH FOR YOUR BUSINESS PLANNING
Effective planning is a crucial process that guides you in optimizing business performance and achieving growth objectives.
However, many companies struggle with disorganized data existing in silos across various systems. As a result, planning lacks strategic direction because it is not fully informed by uniform information.
This makes it difficult to connect high-level plans to precise execution initiatives, further diluting your focus into the nitty-gritty of your campaigns. To overcome these challenges, it’s important to create a single source of truth for all relevant business data that your team can use for decision making.Read Full Article
YEAR END TAX TIPS FOR 2023
With year-end approaching, it is time to start thinking about moves that may help lower your business taxes for this year and next. If you are seeking ways to both save some dollars by the end of 2023 and kick off 2024 with your best tax plan in place, we have a list of items to consider, so you can act now. In an effort to help ease the process, we have detailed some items to consider and ways to maximize your tax outcomes. Learn More
ELEVATING CPG INVENTORY MANAGEMENT
Facing the challenge of inventory planning in the CPG industry? With manufacturing lead times and product expiration to consider, striking the right balance is crucial. That's where Pantry AI steps in.
Developed by Ian Leaman and his team, Pantry AI is transforming inventory management for emerging CPG brands. It enables seamless collaboration between sales and operations, centered around a unified, accurate data source. This isn’t just inventory management; it's about empowering efficiency and foresight.
Curious to see how Pantry AI can revolutionize your approach? Visit their website and discover the future of inventory management.
STARTUP TO SCALE PODCAST
149. What It Means to Build a CPG Brand
Branding is more than just your logo or packaging design. Branding is how you and your company show up in the world, and how people view your actions, your values, your products, your mission, and your vision. Your visual identity just becomes a shorthand for customers to easily identify all the other more meaningful things.
Join me for one of my favorite recent conversations with Leonard Grape, founder of The Vineyard, a branding firm for CPG brands to share his insights.
Listen on Apple Podcasts or Spotify
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Maverick allows you to create individually personalized videos (with a customer's name) welcoming them to your community.
JOIN OUR FOODBEVY COMMUNITY
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