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POWER READ


Cracking the Retail Code: How to Win With Retail Buyers

Gain Actionable Insights Into

  • Understanding how retail buyers work and what they look for
  • Crafting a compelling pitch that goes beyond just product features and demonstrates real market potential
  • Grasping the critical importance of marketing support, sales projections, and collaborative business planning to stand out as a supplier
01

Understanding What Buyers Are Looking For

In the retail business, a perfect supplier is one that provides high sales, high-volume products or a strong brand portfolio that drives growth. Retail buyers look for innovative product pipelines, strong promotional strategies, and robust marketing efforts across all channels—both online and above-the-line media. Beyond these tangible aspects, buyers value suppliers who offer collaboration, support, and responsiveness.

In my three decades in the business, the key traits of an ideal supplier include:

  • Innovation and marketable products: A pipeline of new product development and solid marketing to fuel growth.
  • Operational support: A capable sales team, category management, and marketing resources to help retailers execute strategies.
  • Partnership and agility: Suppliers must be flexible, responsive, and willing to adjust if things don't go as planned.

For new suppliers, buyers want a clear and achievable business plan, realistic sales targets, and sometimes exclusivity or market-leading promotions to differentiate themselves from competitors. Offering credible and authentic solutions is crucial in establishing trust, without overselling or overpromising. Suppliers should come prepared with potential sales figures, a clear value proposition, and a strategy that aligns with the buyer's category goals and long-term growth*.*

02

Crafting Your Winning Pitch

Once you’ve got a clear picture of what buyers want, you can now focus on developing a compelling pitch. A winning pitch requires meticulous preparation and strategic thinking. Your presentation should be a carefully crafted narrative that tells a comprehensive story about your product's potential.

For instance, including marketing support in your proposal transforms your product from a potential item to a must-have solution. To do this effectively, your launch strategy should be a multi-dimensional approach that encompasses:

  • Omnichannel marketing techniques, ideally with visual imagery
  • Clear, measurable customer engagement strategies
  • Continuous innovation demonstrations
  • Comprehensive six-month launch plans that show sustained momentum

By doing this well, you will give the buyer confidence that you’ve got a clear plan for the period of the partnership and it also demonstrates real intent from you.

Becoming the Supplier Buyers Can't Ignore

Lastly, communication is the cornerstone of successful retail partnerships and how you can stand out. It's not just about presenting information—it's about creating a collaborative dialogue that demonstrates your commitment to mutual success.

For example, when it comes to pricing strategy, your product's pricing isn't just about being cheaper—it's about strategic positioning. Ensure your pricing aligns with customer expectations and competitive market rates, including private label alternatives. Buyers are category experts who can guide you to optimal pricing that doesn't price you out of reach. Collaborate closely with them to find the sweet spot that makes your product both attractive and viable.

Apart from that, you want to come in to the partnership already having done the following:

  • Comprehensive market research
  • Understanding category-specific margin expectations
  • Developing flexible pricing strategies
  • Showing how your pricing creates tangible business value

Don’t hesitate to tap onto your industry connections to get some data points in this regard before going for your meeting with the buyer.

03

Key Takeaways

  1. Understand What Buyers Want From Suppliers At its core, retail buyers seek innovative, high-volume products supported by strong marketing and operational resources. Suppliers that offer collaboration, realistic growth plans, and agility in responding to market needs will stand out and build successful partnerships.

  2. Invest in Putting the Product in Front of the Customer To Sell As simple as that sounds, a product listing is not the finish line, but the starting point. Your real work begins after placement, requiring continuous performance monitoring, market adaptation, and strategic responsiveness. Success demands viewing each listing as an ongoing opportunity to prove value and drive category growth. Most importantly, whatever it takes, the product needs to be priced to sell and it needs to move.

  3. Understand the Buyer’s Timelines and Communicate. Alignment with the retailer timelines is crucial. Understand the buyer's complex business cycles, be flexible in your launch strategies, and communicate proactively. Ask probing questions, clarify the buyer's expectations, and demonstrate your ability to deliver at their pace. Your goal is to become a strategic partner who brings comprehensive solutions, not just a product. And, your willingness to engage, listen, and adapt will be your competitive advantage. Successful suppliers are tactically communicative—continuously learning how their brand performs and remaining agile enough to respond to market dynamics. 

All in all, your ultimate goal is to transform from a vendor to a strategic growth partner. Buyers aren't searching for products—they're seeking solutions, innovators, and collaborative experts who can help them navigate complex market challenges. By mastering the art of strategic communication, pricing intelligence, and market positioning, you'll transition from being just another supplier to becoming a sought-after partner that buyers actively seek out

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