1. Create 4-6 new products
2. It can be from the popular range or the staple range
3. Use high quality natural ingredients.
After you have planned out your new premium range, these 5 steps will guide you to meet your premiumization targets.
2.
3
Train
your staff
2
Tell the story
1
Use natural premium ingredients.
4
Increase the price
5
Build your new product range
5. Build your new product range
Identify current food trends as well as gaps in your product offering. The new product range will then be able to offer your customers something completely new and exciting.
1. Use natural premium ingredients.
Customers value natural and fresh ingredients that are made with the least amount of pesticides or chemicals. Butter is a product made with pure creamy milk with no additives or preservatives. Margarine is made with vegetable oil that is hydrogenated with additives and preservatives to simulate the buttery taste and look.
3. Train your staff to tell the story themselves
Using booklets, manuals and tip sheets, your staff can quickly learn the importance of the ingredients and why it adds value to the premiumized products.
2. Tell the story of your premium ingredients using POSM
Using eye-catching displays, customers can quickly learn the value of the premiumized products.
The price increase will add to the top line of your bakery and increase your profit margin easily.
