#83 Trade Spend & Retail Promotions 101 with Jake Huber (+ Niramaya)

The Startup CPG Podcast · 21 Mar 2023 · 1h 10m · Episode 60

What this episode covers

Jake Huber, US Sales Director for St Pierre, explains how emerging CPG brands can navigate trade spend and promotions, distinguishing between off-invoice, manufacturer chargebacks (MCB), and scan-backs to drive trial without devaluing the brand. He advises founders to pitch retailers directly to create demand before engaging distributors, ensuring they maintain a healthy trade rate (15-30%) and monitor purchase orders to avoid costly inventory loading. Huber also discusses the strategic use of displays, shippers, and free fills, emphasizing that premium brands should avoid BOGOs and instead focus on building relationships with store-level staff and buyers. The episode concludes with a segment on Niramaya, founder Mehek Khera, who shares her journey from health coaching to launching shelf-stable Indian sauces, highlighting the challenges of scaling production and securing retail placement.

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