This week on the NOSH Podcast, editor Carol Ortenberg and reporters Adrianne DeLuca and Lukas Southard talk about top trends and new tastes they are on the lookout for at the last Natural Products Expo East. The team also discusses the approaches of two new CPG-industry backed investment funds that debuted this past week.
While the team travels to Philadelphia, this week we revisited a conversation from NOSH Live Winter 2022 featuring Thrive Market head of merchandising James Ren and Misfits Market senior director of grocery Brandie Miller who breaks down the unique operations of running an online grocery retail platform, merchandising tips and the role of a company mission plays in retail relationships.
In this episode:
1:30 - What is The NOSH Podcast team on the lookout for at Expo East? Adrianne is looking for more ancient grain use while Lukas is still focused on the plant-based category, particularly since some brands have closed their doors or reduced workforces in recent weeks.
7:15 - How are two new venture funds approaching CPG investing? Carol dives into the details on Unfold Ventures and Humble Growth’s respective theses and one of the firm’s founding partners has retooled his strategy for food industry investing.
10:55 - Ren and Miller share their opinions about working in ecommerce grocery and the unique value propositions for the respective business models.
17:10 - The ecom retail leaders explain how their respective companies pursue their mission’s for a more sustainable grocery industry and balance that with a unique consumer shopping experience – all the while helping brands succeed on their platforms.
23:50 - How does merchandising work in a digital store? What do ecommerce grocery buyers prioritize more so than brick-and-mortar buyers f? Miller and Ren discuss how the approach often differs online than in conventional and even natural channels.
“Something that makes us (Thrive Market) unique is we have a set of values that members can shop by whether thats dietary to sourcing.”
- James Ren, Thrive Market head of merchandising
“We’re here for when it's not perfect and we call that a way to access lost revenue that you otherwise wouldn’t see.”
- Brandie Miller, Misfits Market senior director of grocery
About the NOSH Podcast
The staff of NOSH.com takes listeners inside the business of natural, organic, sustainable and healthy food during the NOSH Podcast. Using interviews and discussion, the team illuminates the news, brands, people, trends, and money affecting the world of packaged food.
New episodes are released every week. Send us comments and suggestions anytime to [email protected].
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