E-Retailing Approach Customer Acquisition and Retention Webinar
HIRO Retailing Webinar
Transcript of HIRO Retailing Webinar
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HIRO Retail TraininHIRO Retail Training
Retail TrainingRetail Training
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HIRO Retail TraininHIRO Retail Training
This Power Point is free andThis Power Point is free and
available now at:available now at:
www.NoniOffice.comwww.NoniOffice.com
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10 Keys to Successful Retailing10 Keys to Successful Retailing
1. Know your audience and prepare accordingly2. Simplify your approach3. For pure retailers, avoid MLM terms and discussion4. Build a relationship of trust5. Use comparisons and marketing materials to position
product positively alongside competitors6. Have product on hand when you make the approach7. Offer a consignment option - low risk gets you in the
door
8. Have pricing scheme locked down and simple9. Use retail model to fuel MLM business and break titlesfast - be strategic about purchasing product
10.Vertical marketing - use success to lead to moresuccess
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#1 - Know Your Audience#1 - Know Your Audience
Profile your target Know the environment
Dont talk MLM to retailers
If you have a relationship, then talk MLMand Rewards member program
Retailers want products that sell and theywant it simple
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3 Retail Options3 Retail Options
IPC suppliedYou keep them stocked with product,they dont care about business side. They deal onlywith you. Set up as a business and get a tax ID# foryourself.
Rewards MemberSelf supplied. They purchase direct
from the company at a better price and volume countas personal volume to you. Set them up as a businesswith a tax ID #. TNI only needs a copy of the taxexemption certificate, not the business license.
New IPCSelf supplied and build downline. Better priceby using Personal Rebate, no hassle to you, and theycan offer home delivery to their customers by signingthem up as Rewards members. Sign up as business.TNI needs a copy of the business license.
*Please consult your policy manual for information on how to sign up a business.
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#2 - Simplify Your Approach#2 - Simplify Your Approach
Retailers wont understand or havepatience for the marketing plan
What a retailer wants to know:
Will it sell? How much money will they make per can?
Why should they stock it?
Can you supply them?
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Reasons You Should Stock HIROReasons You Should Stock HIRO
First and only ready-to-drink products in theworld that are powered by Tahitian Noni* Functional Refreshment
Best-in-category products
Highest re-order rate in the industry Healthy and great tasting Energy, Vitality andMobility
Benefits clearly defined and proven
High retail profit opportunity Point of purchase support Personal relationship
*The trademark Tahitian Noni refers to Tahitian Noni brand products
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#3 - Avoid MLM Terms or#3 - Avoid MLM Terms or
DiscussionsDiscussions
Most retailers wont care about MLM andmight be turned off
Build a relationship first, and then if they
are open you can take the opportunity tothe next level
KISS, KISS, KISS
Be prepared to work hard
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#4 - Build a Relationship#4 - Build a Relationship
Just like MLM and any business, people buyfrom those they know
Take the time to get to know the owner or clerk
Give them samples, support, posters, materials
Retail is highly competitive, so be patient anddetermined
Energy and Persistence Conquer All Things Ben Franklin
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#5 - Use Comparisons to#5 - Use Comparisons to
Positively PositionPositively Position
Dont slam other products, especiallysince they are probably working well forthe retailer
Use the success of other products toposition HIRO as a healthy alternative toincrease their energy beverage business
No one is currently stocking mobility orvitality equivalents this opportunity iswide open
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TestimonialsTestimonials
DONNA RHOADESIPC from WEST TISBURY, MA
The health food store owner loved HIRO
Mobility and said this is truly a uniqueproduct. He said, Those people that readthe ingredients and know about themexpect that it will taste very bad, but it isexcellent. I was expecting a bitter flavor,now I am very interested.
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H T lk b HIRO
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How to Talk about HIROHow to Talk about HIRO::
Key MessagesKey Messages
Noni The #1 active ingredient in each HIROdrink.
HIRO is the first line of noni-based beveragesthat comes ready-to-drink in a can.
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Key MessagesKey Messages
HIRO beverages combine noni with other healthysupplements. HIRO is the first and only product to offernoni in a ready-to-drink form.
The flavor of the HIRO line is a blend of exotic fruitflavors.
The line is lightly carbonated and does not contain anyadded sugars.
Each of the HIRO products contains only 10 calories.
Noni is the first active ingredient in each HIRO drink.
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HIROHIRO EnergyEnergy
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Thesource of energy that you can feelgood about drinking.
Offers immediate energy and enhancedperformance.
A healthier alternative to the crash-and-burnof sugary energy drinks and sodas.
*These statements have not been evaluated
by the Food and Drug administration. Thisproduct are not intended to diagnose, treat,cure, or prevent any disease.
PositioningPositioning
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HIROHIRO VitalityVitality
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Stress, pollution, and otherenvironmental factors cancompromise your immune system.
Contains ingredients that actuallysupport the immune system andcombat the effects of stress.
HIRO Vitality contains vitamins and
herbs shown to support the immunesystem.
*These statements have not been evaluated
by the Food and Drug administration. Thisproduct are not intended to diagnose, treat,cure, or prevent any disease.
PositioningPositioning
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HIROHIRO MobilityMobility
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Active lifestyles present an ever-increasing demand on our bodies, ademand that is often first felt in our
joints.
HIRO Mobility is power-packed withgenuine noni and other healthyingredients to help you maintain the
joint health you need.
*These statements have not been evaluated
by the Food and Drug administration. Thisproduct are not intended to diagnose, treat,cure, or prevent any disease.
PositioningPositioning
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How does it compare?How does it compare?
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#6 - Have Product on Hand#6 - Have Product on Hand
You cant sell what you dont have If they have to wait for product, you are
dead
If you want to truly play in retail you mustalways have product on hand
Sample the product and give awaysamples to the retailer and customers
Retailers dont want to mess with shipping- they are used to having it delivered
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#7 - Offer Consignment#7 - Offer Consignment
Consignment is very common in retail and very effective Leave the product for the retailer and follow up in a fewdays to collect the money for what has sold
Sampling, promos, point of purchase materials, make itwork, get creative
Example: Buy 3, Get 1 Free during the consignmentperiod Sell-through is king during consignment period Low risk for the retailer and potentially high payoff for
you
You can find a standard consignment agreement bygoing to a search engine (Google, Yahoo) and searchingfor it
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#8 - Pricing#8 - Pricing
Make it very simple If you are serious, buy by the pallet Get your group to go in together Average retailer makes $.75 per can on Red Bull and $.45 to $.60
on Coke and Pepsi Have your plan locked down and easy to explain
Example: Buy from me at $2.50, sell at $3.25 to customers. Dont use the same price for every situation. Restaurants and bars
should have a higher retail price. There is a sliding scale, so knowyour target
Advantage Pack works great to get started, but dont try and sign upretailers and get them to purchase the Advantage Pack. You buy it
to get the best price and get started. Once you are going, purchaseusing the pallet program.
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QTY Retail Wholesale CV QVTotal
WholesaleTotalCV
TotalQV
24 $ 3.60 $ 2.70 1.46 1.4665.00 35 35
72 $ 3.60 $ 2.56 1.53 1.53185.00 110 110
144 $ 3.60 $ 2.36 1.53 1.53340.00 220 220
288 $ 3.60 $ 2.29 1.56 1.56660.00 450 450
PricingPricing
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Master DistributorshipMaster Distributorship
Must be approved (web approval) Pallet rate only 160/24 packs= 3840 cans
Must be in good standing with Compliance
No handling fee/FOB from Utah,Tennessee, Dallas
Price per can: $2.15
Price per pallet: $8260 (CV/QV: 5860)
S fP i i S i f R t il
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Pricing Scenario for RetailerPricing Scenario for RetailerBased on 144-pack of HIRO and IPC suppliedBased on 144-pack of HIRO and IPC supplied
Based on a $3.50 retail price IPC cost for 144-pack: $340 Tax based on 5%: $17 Handling: $17
Total: $374 Cost per can including Personal Rebate: $2.29 Price to retail outlet: $2.75 per can Profit per can for retailer: $0.75
Profit to you per 144-pack, not including CV:$66.24 or 17% profit
P i i S i f R ilP i i S i f R t il
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Pricing Scenario for RetailerPricing Scenario for RetailerBased on pallet price of HIRO and IPC suppliedBased on pallet price of HIRO and IPC supplied
Based on a $2.99 retail price IPC cost for Pallet: $8260 Freight: $250 (estimate) Total: $8510
Cost per can including Personal Rebate: $ 1.91 Price to retail outlet: $2.25 per can Profit per can for retailer: $0.74 Profit to you pallet, not including CV: $1305 or
16% profit
HIRO ComparisonHIRO Comparison
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HIRO ComparisonHIRO Comparison
Based on Pallet PriceBased on Pallet Price
Location
Priceper canwith PR
Price toretailer MSRP
Profit toretailer percan
Profit toyou perpallet
Restaurantor bar
1.85 2.50 4.25 1.75 $2496
Boutique,club, hairsaloon
1.85 2.50 3.49 0.99 $2496
Conveniencestore,
vending
1.85 2.24 2.99 0.75 $1497
Supermarket,multi-locationstore 1.85
1.99 2.49 0.50 $ 537
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Added DistributionAdded Distribution
New Third-Party Warehouses
HIRO O t it St tHIRO O t it St t
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HIRO Opportunity StatsHIRO Opportunity Stats(All stats for the USA)(All stats for the USA)
Businesses: 25,007,505 Restaurants: 500,000
Health clubs: 18,203
Vending machines: 5.1 million
Hair salons: 85,492
High schools: 98,673 Colleges and universities: 2,474 (4-year programs)
C b CAS O tiC b CAS O ti
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Combo CAS OptionsCombo CAS Options(Perfect for retail IPCs)(Perfect for retail IPCs)
Option 1: TNJ + 72-pack of HIRO Option 2: Plan 40 Basics Pack + 72-pack
Option 3: 144-pack of HIRO
QV = 300
CV = 240
ASQV4 = 200
CAS 4,6,20 = 200
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Office ModelOffice Model
Web:http://noni.bintzsupply.com
E-mail:[email protected]
Call: 1-800-443-4746 Fax: 1-801-463-1693
Cost: $420 per fridge
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HIRO Business SupportHIRO Business Support
VendingVina Distributing
www.vina1.com
contact Mark Bolinder([email protected] or801-674-8879)
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TestimonialsTestimonials
GREGORY J WACHTERIPC from MOUNTVILLE, PA
All 10 locations are vending machines at gyms or athleticrecreational centers. I chose locations that have a lot of traffic (5 to8 thousand registered).
We had presentations at the lobbies in April in anticipation for thevending machines scheduled to arrive in May. After three days of
presentations we had sales of $900, which has been wonderful forus since it has been a little taste of what will come when the vendingmachines are in place.
We are very excited about the new products and see them as anopportunity that opens the door to other products, especiallyTAHITIAN NONI Juice. It becomes a great potential for new IPCs.
In our presentations we have a couple of DVDs playing,informational material and on a back table information about otherTahitian Noni products. We answer any questions people may have.
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A million opportunitiesA million opportunities
Sporting events Parks Snack shacks Swap meets Work Mobile carts
Out of your car Concerts Health clubs Every restaurant Bars
Schools Hair salons Church events Be creative!!!! Opens up opportunities for other products like TNJ
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#9 - Use Retail to Break Titles#9 - Use Retail to Break Titles
Be strategic in your buying so you maximizeyour title potential Imagine:
50 retail sites selling 5 HIROs a day That would be almost 2 pallets a month Depending on price that is $4000 in retail profit per
month 2 new Jades per month depending on placement and
how you purchase
Use your retail business to drive your MLMbusiness Duplicate, duplicate, duplicate
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#10 - Vertical Marketing#10 - Vertical Marketing
Leverage the success of one placement tosecure additional placements
Example: With success in a restaurant,you can now take that success story andtarget all similar restaurants in your area
Use testimonials from management andcustomers
Example: Many restaurants sell Red Bullfor $4.25 per can
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TestimonialsTestimonials
JACQUELINE & JOHN REILLYIPCs from WHEATLAND, WY Los Dominguez Mexican Restaurant is just
starting to sell HIRO. They started with three
packs and have already purchased three more. Igive the product to them on consignment; theyhave a small refrigerator that holds a little overtwo packs of HIRO. The owners wife has beendrinking TNJ since 2003, so they both believe inthe products, especially knowing that HIRO hasnoni juice in it, which pleases the people that Ihave spoken to about the drinks.
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Point of Purchase MaterialsPoint of Purchase Materials
Pull-up banners Posters (May 22)
Acrylic sign holders for cash wraps, gyms,
spas, restaurants, bars, etc. Soft-sided cooler tubs with wrap
Custom wrapped cooler barrels
Buttons and pins Window stickers
Inflatable cans
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Sales Tools
HIRO Business SupportHIRO Business Support
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Sales Tools
HIRO Business SupportHIRO Business Support
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HIRO Business SupportHIRO Business Support
O S
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HIRO Business SupportHIRO Business Support
HIRO B i S t
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HIRO Business SupportHIRO Business Support
HIRO B i S t
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Merchandise
HIRO Business SupportHIRO Business Support
SR t il St
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Retail StoresRetail Stores
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N i Offi S tN i Offi S t
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Noni Office SupportNoni Office Support
N i Offi S tN i Offi S t
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Noni Office SupportNoni Office Support
Product info Competitive info
HIRO Challenge
Retail and vending Vehicle and other wrap graphics
HIRO third-party pick up info
N i Offi S tN i Offi S t
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Noni Office SupportNoni Office Support
Sales tools and merchandising Retail support materials
HIRO Advantage Packs
E-cards Website builder
Photos for ads and signage Policies and Frequently Asked Questions
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For questions, please emailFor questions, please email
[email protected]@tni.com