New Products Help You Grow Market Shares

Product launches are an exciting time. New products mean new ways to help current customers and grow your customer base. But use caution, don’t simply move your current customers from an existing product to a new product. Position the new products so current customers will find value in using it as part of their year-round program. Additionally, leverage the new products to grow your market share and gain new customers that you’ve never had before.

“I always tell dealers, we’re not looking to swap business, we are looking to grow business,” said Justin O’Flaherty, ASM who represents Tennessee, Virginia and the Carolinas. “When it’s time to grow market share with new products, it is time to think outside of the box.”

O’Flaherty likes to have a list of scenarios ready to go before she sees her dealers-in person so they can collaborate the best way to market the new products. She said being prepared saves time and assists the dealers when it comes to ways to growing market share.

Britney Creamer, ASM who serves Colorado, Utah and Wyoming, said that VitaFerm® ConserveTM will open doors for a lot of growth for producers who have seen the benefits of including Amaferm® in their herds’ diets, but didn’t always think they could afford a high-quality mineral program. She is excited about the potential growth of customers who will now be able to get Amaferm and a complete mineral program at a price point they feel comfortable with.

“Often, producers think, ‘can we feed our family, or can we feed our cows mineral?’ We are now making Amaferm available to a larger crowd of people. I think people will be surprised. There are a lot of producers who have watched the VitaFerm line and what it has done over the years and wanted to be a part of it but didn’t think they could make it work, so I think now we are going to gain a lot of new business,” she said.

Creamer said the great thing about introducing Conserve, while already having a premium product, is that progressive end-users that are proponents of A.I. and E.T. are not very likely to switch products and will continue to use VitaFerm Concept•Aid®.

Get Out of Your Zone

Another way to grow market share is to look for ways to introduce products to customers you might not have originally thought of. For instance, O’Flaherty recently visited a cow-calf operation to discuss the VitaFerm and Vita Charge® lines with the producer. While she was there, she also saw a barn full of opportunities.

“I’m not a horse person. I went and met with an Angus breeder earlier in the week, but he had a barn full of horses. I’d much rather talk about cows, but I saw an opportunity. The more you talk about things you’re uncomfortable with, the more you become familiar. The same thing with HydraBoost. We have so many pigs and chickens in our area. If you become more comfortable with the uncomfortable, you’ll be more comfortable and be able to grow market share by expanding your product offering and getting out of your comfort zone,” O’Flaherty said.

New products are a great way to grow market share.

Effective Action: Communication is Essential to Education

New product launches call for sharing information about those products long before they become available to the dealer to order and sell. BioZyme® has launched three new products in May and June, meaning much of the education needed to be disseminated while a majority of the country was sheltering in place.

Regardless of their lockdown situation, two Area Sales Managers agree that they would typically communicate about new products with their dealers prior to an in-person meeting. Britney Creamer, ASM for Colorado, Utah and Wyoming, said she likes to start with the customers who the new products will specifically impact and starts reaching out to them over the phone or through email, although she does admit she prefers face-to-face meetings. Then, she makes sure to follow up with everyone else.

“Before I talk to them about a new product, I think about how it will fit their customers they service or want to service,” Creamer said. “VISION and company e-blasts are great tools, but they don’t always get to the person that needs that information the most. Some of my dealers like text messages, some prefer email. I try to put three to four bullet points together for them to highlight products that may be coming down the pipes and how they will be useful for their customers. A face-to-face visit is always useful, but as we know the last few months that hasn’t always been feasible.”

In addition to the bulleted list, ASM Justin O’Flaherty has found that the fliers and visuals are useful resources to share with her dealers and she encourages them to share those with their end-users. O’Flaherty, who represents Tennessee, Virginia and the Carolinas, uses social and digital media, including texting, email and Snapchat, to communicate with her dealers and said they will always have some new product information from her prior to their in-person meetings.

“One thing I do for new products, is if I think it will fit a particular demographic, I will send those dealers an email. I like to give them a heads up, and they will usually respond. I try to keep open communication lines all the time. I try to stay in constant communication. If we are on a call or get new information, I will take a picture and send it to them. I try to stay in front of them, so they know what is coming,” O’Flaherty said.

O’Flaherty said two-way communication is vital to her because she thrives on collaboration.

“I ask for a lot of feedback, especially if we are thinking about something new or different. I will pick their brain because one of my favorite things to do is collaborate. If I have an idea, I will bounce that idea off of a lot of people,” she said.

Creamer encourages all dealers to share information about the new products with their end-users who would find benefit from the products as soon as they have the information they need. Use the bulleted list or graphic flier that your ASM provides, and if you need more information, reach out to your ASM or the Outreach Support Center.

Additionally, all content in the Master Dealer, years one and two, has been updated to reflect the new products and any discontinued product lines. Be sure to take the time to review those Master Dealer segments for more information.

Although most dealers prefer to host in-person producer meetings, O’Flaherty has conducted some Zoom online training meetings with her dealers to educate them on the new product lines. Reach out to your ASM if you are still social distancing and would like to learn more about any product via this technology.

Most importantly, when reaching out to your customers, remember to mention these new products. Creamer advises that if you do have a store, to post “new product” signage next to your new product. You can even list the key benefits on the sign so the buyer or potential customer can see them.

Promoboxx is another free and simplified tool to use to promote your business. The Marketing Team at BioZyme has created “new product” material that you can share on your own social media or take pieces of to share on your social media.

New products are exciting! Learn about them. Share them. And sell them. Reach out to your ASMs if you have questions and remember we are here to help you succeed!

The Benefits of Introducing New Products

Launching new products is an exciting time for a business. Multiply that times three and we have had big excitement at BioZyme® during the last 60-plus days. New products don’t just happen, but when they are finally ready to launch to the dealers and subsequently the end-users, we know that “care that comes full circle” has been implemented, and the benefits will be numerous.

Let’s explore some of the benefits to the customer and the business when a new product or service is introduced.

Company Growth

Introducing new products is vital to a company’s growth. Without new products, you likely won’t grow market share and your business might turn stagnant. New products demonstrate to customers that a business is not satisfied with the status quo and wants to grow. While the company grows, it often times creates a product that has been missing in the marketplace or can provide a solution to a common challenge in a particular industry segment.

Fulfill Customers’ Needs Developing and marketing new products shows that we care about our customers and are continually working to meet their needs.

VitaFerm® Conserve™ was purposefully crafted with the producer in mind as an economical line of vitamin and mineral supplements for the beef cattle herd that complements our existing products during the times of year when reproduction isn’t the primary focus,” said Jack Oattes, Area Sales Manager, during an online introductory meeting to dealers about the new product.

VitaFerm Conserve is just one example of how a product will meet the needs of a customer base that we haven’t yet reached. It will allow producers who want to give their cow herd the Amaferm® advantage during a time when they don’t need a breeding mineral.

Stay in Tune with Seasonal Demands

May seemed like an ideal time to launch two new HEAT® products as both cattle and sheep producers were planning matings and getting ready to breed females and keep them bred through the summer temperatures. Timing is everything, and customers definitely notice when companies are strategic in these launches.

Build momentum this summer with selling the new VitaFerm® Concept•Aid® HEAT® and DuraFerm® Sheep Concept•Aid® HEAT® so your customers will be asking about them again next spring and summer.

Build your Reputation

A company that creates new products or improves products is often looked upon by its peers and its customers as creative and innovative. Stand out from the crowd with your new products and be sure to share with your customers how these products will benefit their animals, and ultimately their own bottom line. We want our customers to know we care. We hear their needs and their concerns and when feasible, we create a product that we think will help them help their animals.

Part of your reputation and ours comes from the feedback we receive from satisfied customers. When possible, get testimonials from your customers that are using these new products, especially the seasonal ones and submit them to your ASM or the Marketing Team so we can use those testimonials next year when it is time to start promoting these products again. Remember, often times customers like to hear the success their peers had with a product.

New products equal big excitement! We’ve supplied the products, the resources you need to sell the products, now go share the benefits of these products to your existing and potential customers. The benefits are there for everyone!

Letters From Lisa – June/July 2020

It seems a bit awkward to be writing about NEW stuff with COVID-19 ruling our lives, but it certainly has forced us to love the word, so maybe it is appropriate. When I Googled ‘dealing with NEW stuff’ the results included these topics: the new normal, new technology, a new boss and having a new baby. Quite a list. One phrase on that list would not even have been there just three months ago. This is a perfect segway into that word NEW and how we can look at it if we choose to do so.

NEW just by its nature means change. So, for anything NEW, we have a choice. We can control it or escape it. Knowing you can’t ultimately escape, one will go through phases of a response to the NEW, which “should” end in acceptance. Acceptance that could lead you to a pot of gold. The belief in that pot of gold as the best option, has been ingrained in me since I was born. With that pot of gold picture in your head, one can embrace change and never go through the normal other responses to change which are shock, fear and forced adjustment. Instead the change embracing person goes straight to acceptance and begins building on the NEW.

It is in that vein that BioZyme® has launched the NEW product line VitaFerm® Conserve™, is investigating a NEW packaging option for mineral that is not a bag (yes you read that correctly), is moving to a larger state of the art facility for all small pack products and is looking toward partnerships that have never existed before, due to being viewed as competition, to ensure we have the best products on the market for the animal and the expectations we place on them to CHANGE all the time without giving them any time to go through the normal four stages of change.

Why is all this NEW exciting?

Because done right, it leads to a pot of gold. Not only a pot that helps grow our dealers’ business, but a most important pot that supports the animal, so they get consistent, effective nutrition allowing them to maximize their genetic potential. With all this NEW swirling around it is easy to forget those things that will always remain the same and for which we should be thankful: Our appreciation for your continued support. Support in good times and in not so good, during struggles and during victories. It means the world to us.

This quote by Henry Ward Beecher says it best, “The head learns new things, but the heart forever practices old experiences.” Thanks for your heart and how you so graciously share it with us!

Protect and Recover with Vita Charge®

Although many shows have been postponed or canceled due to the pandemic this year, livestock still experience stress at home. It is important to reduce their stress and keep them feeling their best all the time, whether you are hauling them every week or keeping them in the barn.

To help mitigate stress, be sure to recommend the Vita Charge line of products. Perhaps the most versatile line, Vita Charge with the Amaferm® advantage is a fast-acting multi-specie supplement that help when livestock need protection or assistance in recovery.

  • Vita Charge® Stress Tub – 200 lb. or 50 lb. tub – A cooked tub for beef cattle that supports digestive health and promotes feed and water intake during times of stress and recovery. The Stress Tubs contain MOS to trap and expel pathogens, limiting their ability to do harm. 50-lb. tubs are convenient to take to shows to ensure cattle are staying on feed and water while traveling and showing. Also available with HEAT to combat heat stress at temperatures of 70 degrees and above.
  • Vita Charge® Liquid Boost® – 2.5 gallon or 32 oz. bottle – A liquid supplement for animals of all species that supports digestive health and promotes feed and water intake during times of stress and recovery. Can be administered via a medicator, mixed with water, used as a drench or top-dressed on feed. Its palatable flavor helps create consistency in taste for any water source.
  • Vita Charge® Gel – 300 mL or 80 mL tube – A gel for all species of livestock that supports digestive health and promotes feed and water intake during times of stress and recovery. This convenient, rapid-response product is formulated to help livestock recover quickly and does not interfere with antibiotics.
  • Vita Charge® Climate Control Gel – 80 mL tube – A gel for all species of livestock formulated to help overcome the challenges of both changes in environment and extreme temperatures by helping maintain the animal’s normal body temperature. Contains Capsaicin which is research-proven to help animals maintain normal body temperature.
  • Vita Charge® Clench Gel – 30 mL tube – A gel for all species of livestock ideal for use during diarrhea and scours treatments to support recovery, hydration and nutrient absorption. It is an all-natural oral treatment that provides livestock with ingredients that help to increase nutrient absorption to promote a normal, healthy stool and can be used during competition with no withdrawal period.

Check out all of the testimonials we have available to share with your customers now: https://surechamp.com/cattle-testimonials/https://surechamp.com/cattle-testimonials/

Changes Happening in June 2020

NEW PRODUCTS

  • The VitaFerm® Conserve™ mineral line will be available June 1, 2020. We worked hard during the stay at home order to come up with a line to help producers during these tough times. One ASM said it best, “Producers know that VitaFerm Concept•Aid® is the best and produces the most reliable results for their herd; however, in tough times they have to make tough decisions and sometimes that means sacrificing those reliable results for economics.” VitaFerm didn’t really offer a well marketed option and what we know is that Amaferm® must be present in the herd in good times or in tough times. If the producer can afford to invest in the best, VitaFerm Concept•Aid is it. If tough times make that impossible, VitaFerm Conserve will fit the bill until times allow for the investment in the best herd results in the USA.

    VitaFerm Conserve is an economical line of vitamin and mineral supplements for beef cattle that supports the health and condition of the whole herd. It includes the Amaferm ® advantage to optimize nutrient digestion and absorption while the vitamin and mineral pack preserves cattle performance. Available formulas include:

VitaFerm Conserve will ship in the new poly bag.

DISCONTINUED PRODUCTS

  • On June 1, 2020, we will no longer be manufacturing VitaFerm® Cow Calf, VitaFerm® Cow Calf Mag, BioZyme® Cattle Flex 5 and the VitaFerm® Power Keg®. These products will only be available until current inventories are exhausted. These were discontinued so we can invest heavily in the marketing of VitaFerm Conserve.

SHIPPING UPDATES

  • Published Pallet rates are no longer available via the Terms and Conditions document. In lieu of published rates we have built and launched a new app called LTL Freight Calculator. Estimated shipping rates for LTL shipments can be calculated via the BioZyme Dealer Center and the LTL Freight Calculator. Visit https://dealers.backofficeapps.com/freight/calculator/new

NOTE: This tool and its results are for estimation purposes only. BioZyme, Inc makes no guarantees that these rates will be accurate when a shipment is rated and booked.

PRODUCT UPDATES

INGREDIENT UPDATES

  • The impacts of coronavirus are being felt in the supply chain. The effect is most noticeable for vitamins, which have increased dramatically because of tight global supply. We are working diligently to mitigate the effects of the shortage to our products and minimize price increases.
  • Due to reduced fuel demand the ethanol industry has seen significant supply chain challenges. As a result of quality and supply issues we have changed to a new DDGS supplier with a more consistent product. This has resulted in a lighter bulk density and smaller particle size that is noticeable in some of our products. This has also influenced some drier, harder minerals in some cases than we are used to manufacturing.

BRAND UPDATES

  • On June 1, 2020, “VitaFerm®” will be removed from the Gain Smart® product names. This is to help differentiate the cow-calf VitaFerm line from the stocker Gain Smart line.

EMPLOYEE CHANGES

  • Stephen Mohn is no longer with BioZyme. Please contact Jamie Miller or Lisa Norton with any questions.
  • Caity Norton has started as the new Housekeeping & Sanitation Senior Manager and reports to Lisa Norton.
  • Jeremy Javers has joined BioZyme as our new Industrial Fermentation Innovation Manager and reports to Lisa Norton.