Sticky Learning Lunch 48: Increase Your Category Opportunities
Today's topic, Increase the Number of Category Opportunities Landed Part 6.
73% of your Category Opportunities Never Make it to Store.
You will learn: - Each of the 7 parts of the MBM Category Management Funnel. - How each part is essential to creating an effective Category Management approach. - Various tools and techniques to support each stage of the process.
You Can Read the Full Transcript Below:
Nathan Simmonds:
Good afternoon, sticky learning lunches. Just making sure we've got screen share on there. Welcome to today's session. Yes, I'm not wearing a white shirt, it's Thursday. Just gonna give it a few seconds while we wait for the last people to arrive in the room. If anyone's got any opinions about the shirt today, I'm more than happy to hear them. What do you think, on a scale of one to 10, one terrible, 10, phenomenal, happy. Let's go with the ratings on that. Just while we're waiting for everyone else to turn up.
Colin:
I say that it's certainly better than the sound and I'm, uh, supporting today.
Improve your category management opportunities
Nathan Simmonds:
8.5. Thank you, Colin. I'll, I'll take that and run with it.
Colin:
Nine for me. Thanks Colin.
Nathan Simmonds:
Yeah, finally.
Nathan Simmonds:
So let's make sure we're setting everyone up for success. First things first, as always, let's get the mobile phones up. Let's get the little airplane lit. Zero out the distraction, a hundred percent attention. Also, making sure we've got a drink. Let's make sure we're staying hydrated. We're in the thirties here in the south is getting warm. Let's make sure we're looking after ourselves. Keep, keep ourselves hydrated and keep the brain lubricated.
Nathan Simmonds:
Also, fresh sheet, fresh thinking. Get yourself a blank page. Make sure that top of that you've written, keep us and these are the things you want to remember and remind yourself about when you reread them so you can reignite that thinking and really make this learning stick. It's the end of the week for us in the sticky learning. Before we go any further, and before we go into the introductions and get the session rolling as well, if you have not signed up for Monday session, which is the last one of the 73% funnel, now is the time to do that.
Nathan Simmonds:
We'll get a link into the chat box so you can click through there and sign up for Monday's session. We've also got Tuesday's session. We're gonna move into the leadership coaching model, evoc, which I've designed. It's all gonna be about self-evaluation and getting really deep on who you are, what you bring, and how you develop yourself as a leader as we move through the course of next week as well. So if you haven't already signed up, now is the time to do that.
Nathan Simmonds:
We are on, let's do this. Welcome to today's Sticky Learning lunch with me, Nathan Simmons, senior leadership coach and trainer for MBM, making Business Matter, home of Sticky Learning, and we are the leadership development and soft skills provider to the grocery and manufacturing industry. Idea of these sessions is to give you a 20 minute, 20 to 30 minute micro learner. It's gonna help you be the best version of you in what you do right now, and also preparing you to go back to the brave new world, that whatever that might be as we move into the future. What are we covering today, Andy? Do
Colin:
A Okay. Nathan. Today we are covering, landing those opportunities in store. So it builds this funnel continually does by targets, shoppers, our stores, our insights and recommendations, selling it through to landing it. So it today's about landing it, it's about that, uh, last hundred yards, ensuring that all that time and effort and analysis we've put in actually hits the shelves. It hits the shelves, right? Um, so for meLearning opportunities in store, why the funnel flows is largely about preparation.
Colin:
Um,