3eye Worldwide reposted this
Chief Executive Officer @ 3eye Worldwide | Marketing, Marketing Research, Data Analytics, Product Launch, Sales Distribution Planning, Broker Networks
Exciting insights from the supermarket industry! Having grown up in this business, I’ve seen firsthand how vital it is to understand food brokerage. Typically, brokers earn commissions between 3% and 15%, often structured in tiers to incentivize higher sales. But there’s more to it! Some brokers may charge retainer fees for comprehensive services in marketing and logistics, and performance bonuses can also enhance their earnings. It’s essential for manufacturers to grasp these costs and clarify service agreements to maximize ROI. Don’t overlook contract terms—they can significantly impact payment schedules and exclusivity clauses. Let’s prioritize transparent communication to help you thrive in this competitive landscape. If you’re ready to get your product into the market, reach out to us!