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126 – Get the Scoop on Package Goods Wholesale with Irene Costello of Effie’s Homemade

126 – Get the Scoop on Package Goods Wholesale with Irene Costello of Effie’s Homemade

FromGift Biz Unwrapped


126 – Get the Scoop on Package Goods Wholesale with Irene Costello of Effie’s Homemade

FromGift Biz Unwrapped

ratings:
Length:
46 minutes
Released:
Sep 4, 2017
Format:
Podcast episode

Description

Irene Costello and her friend Joan MacIsaac founded Effie’s Homemade, a wholesale baking company.
The inspiration for Effie’s Homemade comes from Joan’s mom, Effie and her recipe for Oatcakes.
Effie grew up on a rural farm in Cape Breton in Nova Scotia.
Like many traditional farmhouse recipes the uniqueness of Oatcakes is in its honest and simple flavors.
All their products are based upon this premise as they rekindle old-fashioned and forgotten recipes.
The Effie’s Homemade StoryThe timing of the start. [4:31]
How it all came together. [5:29]
Reconnecting with a childhood friend to start the business. [8:07]
Irene and Joan tested several company concepts. [9:00]
The final pivot to Effie’s Handmade. [10:59]
The evolution of the Oatcakes as a product. [24:27]
A full description of Effie’s company structure. [29:33]
Business Building InsightsAn example of a way to test product prices. [13:01]
What investors do and don’t look for in a business startup. [14:30]
Things to consider when creating your brand. [16:33]
All about the initial investment. [20:05]
The website. [22:43]
The first place to start. [36:37]
Have the ending plan in mind at the beginning. [37:38]
Wholesale Specific InformationOne of the first steps in turning a family recipe to wholesale or commercial use. [11:36]
Co-packers. An alternative to a commercial kitchen. [14:51]
Learning retail as a wholesale brand. [17:04]
Sampling is all important when you have a consumable product. [24:40]
Getting on the retail shelves is just the beginning. [27:48]
Do you know about paring cards? [28:48]
Productivity/Lifestyle Toolhttps://quickbooks.intuit.com/ (Quickbooks) – Small business accounting software [31:20]
https://www.turntree.com/turnlink.cfm (Turnlink) – Customer Relationship Management(CRM) software solution for manufacturers and manufacturer representatives [31:51]
https://www.mystoremaps.com/ (Map My Stores) – Add to your website a searchable Google Map that lists your customers.
Recommended Educational Resourceshttps://www.specialtyfood.com/ (Specialty Food Association)
Contact Linkshttp://effieshomemade.com/ (Website)
https://www.facebook.com/effieshomemade/ (Facebook)
https://www.instagram.com/effieshomemade/ (Instagram)
https://twitter.com/EffiesHomemade (Twitter)
https://www.pinterest.com/effieshomemade/ (Pinterest)
If you found value in this podcast, make sure to subscribe and leave a review in http://www.giftbizunwrapped.com/ApplePodcasts (Apple Podcasts) or http://www.giftbizunwrapped.com/GooglePodcasts (Google Podcasts). That helps us spread the word to more makers just like you. Thanks! Sue
Released:
Sep 4, 2017
Format:
Podcast episode

Titles in the series (100)

Have you thought about turning your hobby into a profitable small business? This podcast shows you how to do just that. Whether you want a side gig for some extra cash or to get out of your 9-5, the handmade products you make for fun can hold the key! In each episode you'll hear steps and actions to take to start and grow a profitable business. It's created specifically for the handmade product business entrepreneur; a group I lovingly call Gifters, Bakers, Crafters, and Makers. You're a fabulous unique creative person and I'm here to help you get on the right path to making your vision a reality. There's a lot out there about building a service based business, some about building a product business, but handmade is different. There are specific nuances to handmade that we cover here. Have you thought about starting a business but not sure what the first steps should be and you're afraid to do it "wrong?" Have you started your business but it's not progressing as you had envisioned? Are you confused about Etsy, Amazon Handmade and Shopify platforms? What about email marketing and Facebook or Instagram ads for attracting sales? There is so much to know it can be overwhelming and confusing. I'm your host, Sue Monhait, and I interview business owners who have been where you are. This is combined with over 30 years of experience consulting hundreds of boutique and big brands along with opening two profitable product based business of my own, I'm here to help you realize your dream. At the end of each episode, you'll walk away with new ideas, tools, or processes that you can apply immediately to get results. Decide on your business. Learn how to get started. Hear what others do to get customers and increase their sales. A great first step is to subscribe to the show. Then you'll automatically get each new episode as it releases - ready and waiting for you when it's convenient to listen. The main show becomes available on Saturday morning with a short Tips & Talk episode on Wednesday. I want you to know that you don't have to do this alone. Find more free resources over at GiftBizUnwrapped.com and if you're looking for a community of handmade makers just like you, join us over in my private Facebook Group - Gift Biz Breeze.