
Episode 8 of Synapse Sessions with Doug PickIn this game-changing episode of Synapse Sessions, I sit down with Doug Pick, the entrepreneur who built Hero's Earplugs from a $15,000 investment to selling 500 million units through major retailers like Walmart, Target, and CVS before exiting to a multi-billion dollar private equity group after 26 years.Doug reveals the critical mindset shift that Amazon sellers need when entering brick and mortar retail, the hidden costs that blindside e-commerce brands, and the retail readiness checklist every brand needs before making the leap.🎯 WHAT YOU'LL LEARN:- The 3 critical criteria your product must meet before considering retail- Hidden costs that can put you $80K in the hole before your first sale- Why most Amazon sellers fail at retail (and how to avoid their mistakes)- The insider retail language that buyers expect you to know (MABD, UPSPW, MDF)- Minimum revenue requirements for retail success ($5M+ recommended)- How to evaluate which retailers are right for your brand- The real profit margins retailers expect (and why 40% isn't enough)- Packaging adjustments necessary for retail shelf compatibility- Why regional chains might be your smartest starting pointDoug breaks down the exact cost structure of working with major retailers, including setup fees, slotting fees, marketing development funds, and buyback requirements that can make or break your retail dreams.If you're an established Amazon brand wondering when and how to break into national retail, this conversation could save you from costly mistakes and give you the roadmap to retail success.Chapters00:00 The Journey of Heroes: From Idea to Exit06:22 Understanding Retail Readiness for CPG Brands13:09 Navigating the Retail Landscape: Key Considerations16:53 Common Pitfalls for CPG Brands in Retail23:44 Strategic Approaches: Regional vs. National Retailers30:31 Delightfully Disruptive: New Ventures and Insights
To get first 5 chapters of Doug Pick's Book 'Stop or Go' FREE go to:👉 https://dougpick.com/
You'll also find there the CPG Box Set and the option to book a call!
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