Three Quick Ideas to Help Small Businesses Like Coco's Pantry to Maximise Profits This Christmas
Three Quick Ideas to Help Food Retailers Maximise Profits This Christmas
Being a small business owner in food retail can be challenging for several reasons. Thin profit margins, intense competition and high operating costs to name but a few.
In this short blog Coco’s Pantry presents three ideas to help you this coming Christmas season.
1. Create Festive Bundles and Hampers
Develop curated holiday bundles and hampers that cater to different customer segments—such as "Luxury Treats," "Family Favourites," "Healthy Holidays," or "Vegan Delights." These bundles not only increase the average order value but also provide convenience for customers who are looking for gift ideas or ready-made meal solutions.
Offer tiered pricing for various budgets and provide a discount for purchasing bundles instead of individual items.
2. Leverage Pre-Orders and Limited-Time Offers
Encourage customers to pre-order seasonal items like special roasts, baked goods, or gourmet desserts with a discount or added perks such as free delivery or a small complimentary item.
This approach helps manage inventory, reduces waste, and ensures that you cater to demand efficiently. Additionally, introducing limited time offers or flash sales for specific holiday items creates urgency and encourages customers to buy early.
3. Promote Exclusive In-Store Experiences and Events
Organise in-store experiences like holiday cooking demonstrations, tasting events, or workshops on creating festive dishes. This not only enhances foot traffic but also promotes the featured products.
You could partner with local chefs or influencers to create a buzz. Promote these events through social media, email newsletters, and in-store displays to create excitement and drive additional sales during the holiday season.
By implementing these ideas, food retailers can tap into customer demand, boost sales, and create a more engaging shopping experience this Christmas.
Further Reading
Global food and drink trends, how the market is changing, and how will that affect independent retail business?
https://www.cocospantry.com/blog/2024/8/29/945wiqao71tspz5wd9hp4rluy2l51c
A Rising Tide Lifts all Boats - Coco’s Pantry information download on the UK food industry - Link to https://www.cocospantry.com/blog/2024/7/29/a-rising-tide-lifts-all-boats-cocos-pantry-information-download-on-the-uk-food-industry
Rising Cost of Cocoa - Link to https://www.cocospantry.com/blog/2024/6/21/rising-cost-of-cocoa
About Coco’s Pantry
Coco’s Pantry https://www.cocospantry.com/ are a wholesale chocolate and ingredients company for Chocolatiers, Pastry Chefs, Cake Makers and Bakers.
All of our online shops are vegan friendly, apart from one shop page, where we have non vegan ingredients listed.
We stock the finest chocolate with a huge selection of Callebaut products, including the best selling 811 and 70-30-38 in a variety of pack sizes. We have a fabulous sweet treats section offering vegan marshmallows, vegan smarties alternatives, vegan honeycomb, fudge and much more! For snacking and baking our dried fruit, nuts and seeds selection has something for everyone. Not forgetting our premium baking ingredients that boast many gluten free options!
Our online shop offers competitive prices to the public and trade. We ship Monday to Friday for next working day delivery to the whole of the UK with free delivery available for orders over £150.
Recent Customer Feedback
5 star Google review Jennifer Baker
“Have ordered from Coco's Pantry many times and the service never fails to amaze me!
The delivery is quick, on time and very well packed! I would highly recommend it to any baker looking for a dependable supplier.”
