Success in the natural products market comes to brands that plan, revaluate and execute a business strategy that hinges on the people and capital. Bob Burke, principal, Natural Products Consulting, discusses the steps brands can take to ensure they achieve success selling their supplement, food, beverage or personal care product with Sandy Almendarez, editor in chief, INSIDER.
In this podcast, Burke covers:
- Principles of a solid business plan including having a remarkable product, a gross margin that allows for cash flow and marketing plan and more.
- The importance of plugging the right people in the right positions within the company organization
- The high return on investment (ROI) that comes from engaging with consumers and following industry trends.
Burke is speaking at the Natural Products Business School on Tuesday, March 5, 2019. at 7:30 a.m. to 4:00 p.m. at Natural Products Expo West in Anaheim, California. Register for the session at expowest.com.