Marketing Aquaculture Products — 1
Marketing Aquaculture Products — 1
Marketing Aquaculture Products — 1
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<strong>Marketing</strong> Yourself<br />
Know thy self is important in where and how<br />
you want to market your product and operation.<br />
Let’s be practical, you will not be able to<br />
sell to every customer, not every potential customer<br />
is going to want your product, so don’t<br />
get bogged down trying to market to everyone<br />
in every way. Focus on your best customer demographic;<br />
be well prepared to state your case<br />
about what uniquely sets your product apart<br />
from the competition. When it comes time to<br />
market, concentrate on the type of marketing<br />
that is good for you and your skill set. Th en try<br />
to broaden your market from there or consider<br />
delegating to someone who really knows that<br />
area. For example, you may experience faceto-face<br />
customer sales at a farmer’s market,<br />
or going into distribution chains, you may be<br />
better off working through an aggregator or<br />
distributor with large retail experience and<br />
long-standing personal connections.<br />
Know your capabilities; you are what you are.<br />
Be yourself and don’t try to be what you are<br />
20 <strong>—</strong> <strong>Marketing</strong> <strong>Aquaculture</strong> <strong>Products</strong><br />
not. Know the rules, but you don’t have to play<br />
the same game everyone else is playing to be<br />
successful. You are the brand and the value in<br />
your brand is your operation and your product.<br />
Most alternative farmers have no idea<br />
what is their true cost of production. Set a<br />
price that covers all of your cost in the product,<br />
then market accordingly. Th is includes all<br />
of your transportation, handling and billing<br />
costs. Knowing the true cost of your product<br />
is always extremely important to the success of<br />
your business. It is critical if you decide to establish<br />
a relationship with aggregators, brokers,<br />
distributors or grocery-store chains and price<br />
your product accordingly.<br />
Give yourself a good reality check once in<br />
awhile. For example, most people don’t want<br />
to give a distributor a 30% margin. However,<br />
you have to know what it costs you to do what<br />
the distributor will do for you. What does it<br />
cost you to do your own sales, transportation,<br />
bookkeeping, etc.? For example if it is costing