04.04.2013 Views

Marketing Aquaculture Products — 1

Marketing Aquaculture Products — 1

Marketing Aquaculture Products — 1

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<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

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!