Category: Business Topics

The Importance of Keeping and Tracking Inventory

You Can’t Sell What You Don’t Measure (Or Have)

Inventory management is an art that can elevate your business to new heights, if done well. It is highly variable, and the optimal system is different for each dealer. There are many tools that can be implemented to improve your inventory management, which will ultimately help you grow your bottom line.

Let’s explore five reasons why it is vital to your business to have a good inventory management system in place.

Improve the Accuracy of your Orders
Proper inventory management helps you figure out exactly how much inventory you need to have on-hand. This helps prevent product shortages and allows you to keep just enough inventory without having too much in the warehouse.

Successful inventory management involves balancing the costs of inventory with the benefits of inventory. Many dealers fail to fully appreciate the true costs of carrying inventory, which includes not only direct costs of storage, insurance and taxes, but also the cost of money tied up in inventory. This fine line between keeping too much inventory and not enough is not the only concern. Others include:

• Maintaining a wide assortment of stock — but not spreading the rapidly moving ones too thin;

• Increasing inventory turnover — but not sacrificing the service level;

• Keeping stock low — but not sacrificing service or performance;

• Obtaining lower prices by making volume purchases — but not ending up with slow-moving inventory; and

• Having an adequate inventory on hand — but not getting caught with obsolete items.

Organize Your Warehouse
An organized warehouse makes your business life simplified, and a good inventory management approach supports an organized warehouse.

If your warehouse is unorganized, you will be challenged in managing your inventory. Many companies choose to optimize their warehouses by putting the highest selling products together and in easily accessible places in the warehouse. This helps speed up the order fulfillment process and keeps customers happy.

Save Time and Money
By keeping track of which products you have on-hand or ordered, you save yourself the effort of having to conduct regular inventory recounts to ensure your records are accurate. A good inventory strategy also helps you save money that might otherwise be wasted on slower selling products.

Increases Efficiency and Productivity
Inventory management devices like barcode scanners and inventory management software, can help improve your efficiency and productivity. These devices will eliminate manual processes so your employees can focus their time on other areas of the business. All BioZyme products come with a preassigned SKU to assist in inventory control.

Forecasting will also help you increase efficiency in your business. A huge part of good inventory management comes down to accurately predicting demand. Make no mistake, this is incredibly hard to do. There are so many variables involved and you’ll never know for sure exactly what’s coming, but you can get pretty close. Here are a few things to look at when projecting your future sales:

• Trends in the market

• Last year’s sales during the same week/month

• This year’s growth rate

• Guaranteed sales from contracts

• Seasonality and the overall economy

• Upcoming promotions

• Planned ad spending

If there’s something else that will help you create a more accurate forecast, be sure to include it. A helpful planning tool would be to graph product sales from last year by month, so you have a picture that serves as a rough forecasting tool to help stay ahead of ordering and marketing.

Build a Repeat Customer Base
It’s a fact that good inventory management leads to what you should be constantly striving for—repeat customers. If you want your hard-earned customers to come back for your products and services, you need to be able to meet customer demand quickly. Inventory management helps you meet this demand by allowing you to have the right products available when your customers need them.

Accurate inventory management incorporates what you know about customer and product demand from the past and present to (ideally) predict your best course of action in the future. Optimize the value of such information by coupling your inventory management and marketing promotions to work together. For example, such insights can reveal potential opportunities to leverage quantity-based pricing suppliers may offer, while at the same time empowering you to offset times of lower demand with promotions or ‘packaged’ deals that strategically drive sales.

It is always a best practice to ensure you have product on the floor at least 2 weeks prior to the beginning of selling season for each product and then use the forecasting tools above to prepare for restocking throughout the season.

Inventory management is a good practice for your sanity and for your customer satisfaction. You can’t sell what you don’t have. So, stock accordingly, and watch your business grow.

Marketing Trends for 2021

Trends come and trends go. But one action that will always be trendy is to have a marketing plan in place as you roll into a new year. The BioZyme® Marketing Team recently attended the virtual Brand Manage Camp to freshen up their skills and learn how to better increase market share while helping dealers market their product lines.

In the final presentation of the three-day seminar, Michael Brenner, CEO of the Marketing Insider Group and best-selling author, reminded everyone that marketing has two key purposes: to create leads and to generate a return on investment (ROI). He said the best ways to accomplish marketing are through story telling and reaching for emotion.

The team at BioZyme is always here to help its dealers with their marketing. The Marketing Team offers a variety of services from print and radio advertising, social media, email marketing, custom in-store displays, custom signage and other custom designed pieces.

“I encourage each dealer to take a look at what we offer, have a conversation with their ASM and decide what works best for them. Each business differs based on brands, target audience, geographic location and time of year, so make sure you’re not just marketing to say you’re marketing, but that you’re doing what’s most beneficial to your goals and customers that you serve or desire to serve. Meet your customers where they are,” said Ashley Fitzsimmons, BioZyme Regional Marketing Manager.

Brenner offered three trends he predicts will continue to be popular for businesses to use in their marketing approach as we enter 2021. Explore how those trends will synergize with what the Marketing Team offers.

  1. Build your Business Case
    Be sure when you create marketing materials you are creating content that your customers want and need. Use key words to help get engagement, reach the customers you are looking to get to come into your business and retain those customers. One way that BioZyme can help you with the content that will resonate with your customers is by engaging on Promoboxx or sharing national marketing content from the BioZyme brands on social media that are most applicable to your business.
  2. Increase Traffic and Conversions with more Regularity
    The adage out of sight, out of mind is key in marketing. If you are not making regular impressions with your customers, they might just forget that you exist. In an effort to engage with dealers as part of our “care that comes full circle,” Fitzsimmons created an easy opt-in quarterly mailer program in 2019. This is a simple and effective action for dealers to help prospect for new and retain current customers by staying in from of them on a regular basis.

“Each quarter our marketing team will create a timely mailer that we can customize with your dealership information. We will send this out to your customer/prospect lists. All you have to do is opt in! Each quarter dealers get an email blast two weeks before the next mailer goes out asking them to opt in. Dealers may also opt in one time for the whole year beginning in the first quarter,” Fitzsimmons explained.

The quarterly mailers are available to all dealers. The only thing BioZyme needs from you is your complete mailing list, which you can update as many times as you need throughout the year. This is a fantastic way to get a concise message to your customers and potential customers on a regular basis. All you need to do is opt in; send your mailing list to Fitzsimmons, and the mailers will be printed and sent for you.

  1. You Must Answer Customer Questions
    Customers rely on their nutrition suppliers to answer a multitude of questions. You are their resource. Regardless if it is a question they pose on your social media or a question they ask over the phone or in person, be sure to provide them a timely and accurate answer. No one likes waiting for an answer, and if they wait too long, they might take their business elsewhere. Not sure of the answer? Let them know that you are doing a little research and will be glad to get them an answer as soon as you can.

Marketing is never going to go out of style. As long as you have a product or service to sell, you will need a way to present those goods and services to your customers and prospective customers. Stay in the know with their needs, stay in front of them, and provide solutions to their answers.

Appreciation vs. Recognition and Why People Need Both

The terms appreciation and recognition might seem interchangeable. Everyone likes to feel appreciated, and most enjoy recognition for their efforts. Although these words are both important to the productivity and morale at the workplace, they have vastly different meanings. Let’s explore.

Recognition is the act of giving positive feedback based on results or performance. Recognition can be formal in the way of an award, a bonus, promotion or raise. It can also be informal in the way of a thank you – either verbal or a handwritten note. Regardless of the method, recognition is meaningful as long it is timely and genuine. It can also be motivational and exciting since most all people like to have a pat on the back for good work.

Like most good things, recognition has its challenges. Recognition is based on results, so it is conditional. Next, it is based on what has already happened, so it is in the past tense – old news. Recognition is often scarce since it comes from the top down. The leaders in a business are often reluctant to hand out too much recognition, because if everyone is receiving it, it then loses its value. And finally, too much recognition is never going to happen in the form of bonuses or raises because in the end, money doesn’t buy happiness.

According on one Harvard Business Review article 1 , “While recognition that includes monetary compensation can be great, researchers from the London School of Economics found that financial incentives can actually backfire when it comes to motivating employees. According to an analysis of 51 experiments, ‘these incentives may reduce an employee’s natural inclination to complete a task and derive pleasure from doing so.’”

Conversely, appreciation is about acknowledging a person’s natural value, not their achievements. It’s their worth as a colleague and a human being. Simply put, recognition honors what people do; appreciation honors who people are.

Even highly motivated, wonderfully talented people fail from time to time. Some things are simply out of their control. That doesn’t mean we can’t appreciate their God-given talents, the efforts they put forth to a project, the camaraderie they bring to team or an endless list of other attributes they offer. That is why it is so vital to show appreciation on a more regular basis than it is to hand out recognition so freely.

“And when we show appreciation to our colleagues, customers, managers, and partners, we’re more likely to build trust and connect,” according the HBR article.

Here are few simple ways to show others your appreciation.

Listen. Now more than ever this is so important, and it is so simple. Put down your phone or tablet, turn away from your computer and just focus and listen to them. During this time of isolation and lockdown, some people have not been able to share their thoughts, so take the time to listen and be present.

Tell people what you value about them. This should be genuine and proactive. Don’t wait to pay a compliment until you need something, or someone has done a favor for you. Make it a habit to share one positive thing with one person a day, and you will start to see how the attitudes around you will lift and change for the better.

Check-in. Once again, it might be hard to see everyone you’re accustomed to seeing, but you can check in with a phone call, text or personal note. As Teddy Roosevelt said, “People don’t care how much you know until they know how much you care.” Show that you care by checking in, regardless if it is with a colleague, customer, employee, relative or friend. Everyone has 10 minutes to spare and the person you are checking in on will feel more appreciated than you will know.

One employee appreciation survey revealed that 53% of people said feeling more appreciation from their boss would help them stay longer at their company, that is why it is important for supervisors to show appreciation for others, not just peers.

Appreciation and recognition. They are both important when we are in the business of working with people. Showing appreciation should become part of our daily routine. Find at least three people to show appreciation for during your day; make their day better and it will make you feel better too. Save recognition for those who go the extra mile. Make sure it is timely and well received. Giving recognition when it is earned will make a big difference.

– Source: https://hbr.org/2019/11/why-employees-need-both-recognition-andappreciation?autocomplete=true

Put a Different Twist on Producer Meetings and Customer Opens Houses

The chill in the air is a gentle reminder that field work will soon come to an end, and it would typically be time to kick off producer meetings. Depending on your location, local or state mandates and the willingness of people to gather, might determine the plan you take this fall and winter for the traditional producer meetings and customer open houses.

Regardless of your situation, it is important to share information with your customers. Educating them on the newest products and services you are offering, talking about what is coming down the pipe as nutritional needs of the herd or flock shift and networking are often the highlights of a producer meeting. However, a producer meeting is also a time to introduce any promotions that you’re offering, and the gatherings offer a chance for you to take orders on a product after a talk when that product is fresh in the producers’ minds.

Holiday open houses are another opportunity to show appreciation toward your customers and other community members. These typically feature some type of food and drink with a small token of thanks. Just as 2020 has looked different since March, both producer meetings and open houses might have to take on a new look this fall and winter.

While some people have no qualms about gathering, some are playing it safe. Furthermore, some state and local governments are regulating the amount of people who can gather, have put social distancing practices in place and still require face coverings. Before you do plan an event, be sure you know what is required of you.

However, if you are looking at alternative ways to share information, network and show appreciation, those do exist. Think about inviting small groups of like-minded customers to the local café for breakfast to talk about a new mineral program. This still offers the camaraderie and a chance to get some face-to-face interaction without a huge group.

Pick up the tab and offer a limited-time promotion that might get them into your dealership to place an order.

Offer an online meeting for those who want to learn what’s new at your dealership. Zoom, Google Meets or Facebook Live are efficient ways to reach your customers and potential customers and interact with them at the same time. Even if you do an in-person meeting, it is still good to offer a virtual component for those who maybe can’t make it or don’t want to attend the live event. To learn more about using video for these events, be sure to check out last month’s VISION, or check out the Online Dealer Center.

Perhaps you want to show appreciation to some key customers while still letting them know what is happening. Send them a gift box with an FAQ sheet. Include your famous peanut brittle that they would typically stop by the shop to pick up, some hot cocoa mix and a mug with your logo on it. Determine what you normally spend on a full meal or holiday promotions and use that budget to still show your customers some type of appreciation during the end of the year.

Meetings and open houses don’t look like they did a year ago. But your business is growing. Keep the camaraderie up, continue to nurture those relationships and show appreciation. Take action. Your customers will notice.

Boost Customer Loyalty and Build Business

Customers have a choice. From everything to the brand of pickup they drive to the soda they drink, to the color of tractor they prefer to the mineral they feed their livestock, those choices are part of thread that weaves each human together. Some choices are passed down through the generations; Grandpa had a green combine, so I will have a green one too. Some are influenced by peers, and some are merely personal preferences.

However, in world that is full of choices with more products being developed each day, creating loyal customers is more important now than ever. Building brand loyalty doesn’t just start with a high-quality product, but that product must be backed by a reputable company and customer service that is second to none.

According to Jay Baer, marketing expert, author and presenter, 54% of consumers have purchased from a new company since the start of the COVID-19 pandemic. And, a surprising 89% of those consumers will stay with their new provider.

“Market share shifts in time of uncertainty,” he explained. “Brands are built in bad times, not just in good times.”

Don’t let your market share shift. Keep your customers loyal to you, your brand and your business. To keep their loyalty and boost your business, Baer suggests three simple steps.

  1. Reconfigure your products and services.

First, you need to realize that we are living in a fast-paced world. Change happens fast and if we don’t adapt, we are going to be left behind. Perhaps your store needs to extend its hours, offer different services or introduce new products to assist your customers with whatever they are dealing with. Projects that used to take 36 months are now being accomplished in 36 days.

Think about some of the products that BioZyme has introduced this summer to its customers: the VitaFerm® Conserve™ line was introduced during a time when producers needed an economical way to get Amaferm into their animals’ diets. Sure Champ® Joint Juice was introduced because our sister company, Cogent Solutions Group already had the MHB3® technology, and we felt it was important to share it with the show livestock world.

If you aren’t creating better products or amping up your services, someone else will. And making those products available online is crucial. Baer said that as of Oct. 5, 2020, America will surpass all of 2019 e-commerce revenue, and that is without any holiday shopping spurts.

  1. Retrain your team.

Once you have stocked new products or created new services, it is time to retrain your team on the way to present your goods and services. No longer can we do things the way we’ve always done them. BioZyme has strived to make sure we have provided updated training information for our dealers with each product launch. Be sure to visit the Online Dealer Center for all of the latest literature and updated Master Dealer trainings.

  1. Reeducate.

As with any change, it is time to reeducate your customers and potential customers. Make sure they know what you are offering and what makes it unique to your company, especially if there happens to be a competing product or service in the area. What makes you unique? What sets you apart? Why should these customers stay loyal to you?

One of the great ways to educate the consumer and share your message is with a FAQ list. Think of any question that might be asked and present the answer before it is asked. End users will appreciate your foresight.

“How you handle your business over the next six months will have a massive impact on the success of your business for the next six years,” Baer concludes.

Build your customer loyalty today. Be innovative, provide outstanding customer service and happy customers will be your biggest promoters. Build customer loyalty today and watch your business grow.

Effective Action – Videos Are A Multi-Use Resource

Think back to the classic sitcom, The Jetsons. Back in the 1960s, 70s and 80s, when the stars of this animated show, George and Jane Jetson, talked through video to their boss and best gal pal, respectively. At that point in time, nobody could fathom that someday we would use a similar technology to talk to fellow employees, family and even customers.

Enter 2020. Even though technology like Facetime, Zoom, Microsoft Teams and other visual technologies have been in existence, lockdowns and quarantines have forced us to use these technologies more than ever. Perhaps George Jetson and his boy Elroy were forward thinkers for their times.

Today, BioZyme® Inc. offers video technology in numerous ways as a resource to its employees, dealers and end-users. Videos are an efficient means of marketing and promoting to a variety of audiences. They are also an effective way to train people in various audiences at numerous venues. Let’s explore.

Training

The dealer network is the lifeblood of our organization. We also know that not all our dealers sell exclusively BioZyme products. That is why it is vital to us to provide the best sales training and product information we can. We achieve this through the Master Dealer Training Program, an online, video-based training program. This pre-recorded series of training videos is an effective way to train multiple dealers at their convenience.

Log in through the Online Dealer Center to have your employees complete the Master Dealer Training. Unique login credentials can be created for each employee so he or she can complete the training and receive credit. Knowledge is power, and knowledge gained through the use of video is even more powerful.

Education

Videos are a great way to educate producers and end-users. According to an article on Forbes.com, 65% of Americans are visual learners, meaning that the graphics and information that accompany the text and voice recordings on videos help people retain the information better than just reading or hearing it alone.

We have used Facebook Live and Zoom meetings with our dealers this spring to introduce products, explain their purpose and share their benefits. The advantages of these face-to-face video meetings is that the audience can have their questions answered while the program is in live mode, and it gives both the presenter and the target audience the sense of interaction even though multiple states and time zones could potentially be represented.

For the Sure Champ® brand, there are a variety of educational videos online under the “Resource” tab. These videos make great teaching aids for new or beginning pig and cattle exhibitors and cover an array of topics. Remember, sales are often built on relationships and offering valuable resources like these videos are just one of the resources you’ll be remembered for.

Marketing

You can’t sell what you don’t market. What better way to market a product than with videos that show results? Words and pictures are nice in printed pieces, but with more businesses turning to an online presence, the use of video simply offers more punch to the message you are trying to convey. Video tells a story, it offers personality, and when created correctly will help build trust with your audience. On several of the product pages of the website, under the “Media” tab, you can find various videos that will help market the products. Some of these are customer testimonials. Some of clips of the American Rancher files that share great testimonials within them, and some are product videos that can also be found under the “Product” tab.

Most all of the BioZyme products have a brief overview of their benefits and uses on the the BioZyme website under “Product” tab on their respective pages. These 60- to 90-second spots highlight each product in a clear, concise manner that is easy to follow. They are easy to download to use on your own website or social media platform. In addition, the product videos are also located under the “Media” tab, and make a great marketing tool. All of these videos can be shared and used to your own website or platform.

Promoboxx also has plenty of videos for dealers to use in their online marketing efforts. The product videos as well as a video testimonial are available for dealers to post on their social media and are located in the assets folder.

As long as customers continue to carry a smart phone or tablet and have a screen available in the palm of their hand, video will continue to be an effective education, marketing and training tool. George and Jane Jetson were ahead of their time. And we can use the technology they previewed all those decades ago to make our businesses more effective.

How To Use Videos Effectively In Business

Everyone likes to have a choice. Even in the world of digital marketing and social media, you as a business operator have choices, but one thing is clear as we enter the final quarter of 2020, video should be included in your marketing plan. Videos put a face in front of your audience, building trust and credibility, and videos encourage social share, which increases your company’s exposure.

BioZyme primarily uses two forms of videos on its social channels to reach its audience, depending on the goal, a prerecorded video or a Facebook Live. Both formats are fairly simple to produce and post to your social platforms. BioZyme marketing experts, Jessie Judge, Marketing Brand Coordinator, and Ashley Fitzsimmons, Regional Marketing Coordinator, share insight on how dealers can use video to help grow their businesses.

What are the advantages of a Facebook Live session?

Fitzsimmons: Facebook Live is great for those bits of information that are exciting, catchy and you really want to get people’s attention quickly! Live’s are great for the initial announcement of something new coming to your business, a promotion that’s happening in a certain timeframe or a quick in-person interview with someone on an event that just happened (i.e. winners at livestock shows, quick hit with a customer that just sold well on Superior or someone gearing up for their bull sale and has seen amazing results on your products). The benefit of live videos is the ability to capture true emotion, reaction and excitement of what you’re telling your customers.

Judge: You can’t deny that if you see a “LIVE VIDEO” advertisement, you are naturally more intrigued to want to check it out and watch it. Facebook Live videos provide you with the ability to see all the names of your followers jumping on to watch and see the sheer number of participants logging on to your view your video in live time. Another benefit of live video is the ability to directly address questions from the consumer and engage with the audience as comments and questions come in on the live feed. From an analytics standpoint, the Facebook algorithm also re-generates the live videos more often on followers’ timelines.

What advice do you have for a Facebook Live?

Judge: Plan an outline a day or so in advance. Don’t wait until 15 minutes before you go live to jot down points you want to mention. Identify your goal and key talking points that need to be discussed, organize them in a way that makes sense to deliver and practice a few times, so when the nerves set in you will be prepared to stay on target. Also, think of some potential questions you might get so you have the information cued up in your mind and can answer incoming questions quickly and clearly. Take a deep breath and loosen up as you get started! Once the Live begins, announce you will wait for a few more to jump in and encourage those watching to interact – such as “Let us know you’re watching by sending us a message in the comments or waving!” or encourage them to ask questions during the Live video. Engaging with simple conversations reduces the level of awkwardness at the start while you are waiting for more to join.

When would you use a prerecorded video?

Fitzsimmons: Prerecorded videos provide that extra level of professionalism that comes with the ability to do a couple takes, edit out any pieces that aren’t completely on message. These videos are great for more in-depth product information and training, customer testimonials and any content that you’d like to use more than once. These let viewers in on more than just the immediate and exciting and learn more about the whole picture, the story or the detailed selling points of your business, your product or your own personal story.

What kind of equipment is needed to make my videos?

Fitzsimmons: A cell phone or laptop computer is all you need for a Facebook Live. Again, these aren’t supposed to look like “in the studio” professional shot videos. The true selling factor and nature of these videos is the authenticity of the feel! Honestly, for prerecorded videos a cell phone or computer can work just as well, the investment would just be the editing software and time learning.

Judge: For pre-recorded videos, there is a bit more flexibility in regard to what you would like to use depending on how you intend to utilize the video. If it is a video being posted to social media, then a cell phone or laptop is great – maybe get a small microphone to plug into your phone or computer port to amplify sound quality, but this is not necessary. If you are looking to post a pre-recorded video to a website or other digital outlets, a camera and microphone may help create a higher quality video that matches the quality of a website; however, it is not necessary to have a professional camera and mic for a video posted digitally. It is really up to you and the goals you have or what look you are going for.

Both Fitzsimmons and Judge agree that a Facebook Live shouldn’t last more than three minutes. A pre-recorded video should run 3 to 5 minutes.

Most everyone has a smart phone, tablet or laptop. So, start creating those videos. Make a plan. Find your spokesperson, and watch your social engagement grow!

Why Is Video Vital To Your Success Right Now?

Every day it seems like an increasing number of “in-person” events are being cancelled or transitioned to virtual. Conferences and field days are now virtual, local sporting events (if your kids or grandkids even get to play) are limiting attendance to two spectators per player, and even regular meetings like the PTO and County Commissioners are meeting online.

It’s a challenge to have the same personal interaction you once had with customers and potential customers, but you can still get your face and voice out there and make a personal connection with video.

“In a time when everything is cancelled, postponed and interaction is limited, video outlets give you the best opportunity to communicate with your customers in a way that still feels engaging and face-to-face,” said Jessie Judge, BioZyme® Inc. Marketing Brand Coordinator. “Additionally, in 2020 there is an influx in the total number of people who are passing time on their computers and phones, and thus in the case of video, this may be setting you up to reach even more customers with your digital efforts!”

Not only are more people on their phones and tablets, but video is effective because like personal relationships, seeing a face, helps build trust. According to an inc.com article, the area in the human brain called the fusiform face area solely recognizes faces, and facial recognition leads to trust.

“Nielsen’s Trust in Advertising reports rank recommendations from someone we know, or feel like we know, as the most trusted. Producing in-house video content lets your audience get to know you in a dynamic way. Ongoing content not only allows for experimentation, it enables you to build trust, even when you can’t be there in person,” according to the inc.com article 1.

Ashley Fitzsimmons, BioZyme’s Regional Marketing Coordinator, works with the ASMs and the dealers to make sure their messages are timely and synergistic with the national advertising program. She agrees that video is important and here to stay.

“It’s a digital world, and video is king, again, especially during all that 2020 has thrown at us. Video gives the ability to reach our customers where they are on their phones and convey a message that takes minimal input effort on their side. Watching is easier than reading,” she said.

This summer, BioZyme offered more digital messages than ever before – hosting a three-night mini-series Facebook Live, “How to #Preptowin in a Pandemic,” conducting a youth leadership and development conference, Sure Champ® Advanced Leadership Event (SCALE), hosting two virtual producer meetings in the spring and making numerous new product announcements using Facebook Live. All of these events had tremendous success and allowed for face-to-face interaction through the use of video.

“Any successful tactic is successful because of the planning that takes place ahead of time. With all the virtual, video and digital events we created or hosted this summer, it was key that our team identified the right timing to launch these efforts and develop the content that our customers wanted or needed to hear from speakers that could convey the message best. The team planning and effort on everyone’s part helped us to deliver successful video and virtual campaigns that gave us a lot of digital traction and face time with our customers,” Judge said.

Judge and Fitzsimmons agree that it isn’t always easy to measure if your digital video presence was effective, but if you start with a goal in mind, that will help you measure your video’s effectiveness.

“Social media has trained us that quantity is what’s important. But in all actuality the quality of views is way more important. Now, you can’t sell a product or service if people aren’t viewing your content; but, I think we need to keep in mind with all digital media that the true effectiveness should be measured on cost of transaction versus number who took action,” Fitzsimmons said.

Judge agrees and said that organic involvement with your followers is vital. “The more key customers you can get to share your content, the more reach you will have and the better you can get your message out there. When customers share your video, you can see who is sharing it and if they are commenting, which goes hand in hand with Ashley’s comment about quality of views and engagement.”

Nothing will ever replace the warmth of a smile or the grasp of a firm handshake. However, with today’s technology, video allows us to be in multiple places with multiple people and still have “face-to-face” interaction. Video is here to stay. Incorporate it into your marketing strategy and watch your business grow.

Source: 1 – https://www.inc.com/entrepreneurs-organization/why-in-house-videocontent-is-critical-in-new-normal.html?cid=search

Break Into the Market with a Conservative Price Point

The cattle market isn’t painting a pretty picture right now. Markets, environmental challenges and a pandemic are making producers reevaluate their spending. Producers are pinching pennies, but the one area we don’t want them to sacrifice is the health of their herd. That’s why BioZyme® created the VitaFerm® Conserve™ line of mineral products.

VitaFerm Conserve was created as an economical vitamin and mineral supplement for beef cattle that supports the health and condition of the whole herd. This supplement is the ideal way for your customers’ cattle to receive the nutrients they need along with the Amaferm® advantage.

“I encourage my dealers to position the VitaFerm Conserve as a price-point mineral or a way to get their foot in the door with a new customer,” said Brett Tostenson, Area Sales Manager for South Dakota and Eastern North Dakota. “In my area, producers want to know their per head per day cost, and with roughly 11 cents per cow per day to feed Conserve with Amaferm in it, it is easy to market that.”

Tostenson said he’s been marketing and seeing his dealers sell quite a bit of the VitaFerm Conserve Garlic. He encourages that formula, especially for new customers because they see results fast.

“People want a quick reaction. Within a week to 10 days, the producers can see the garlic is helping control flies in their herd all while getting some baseline nutrients,” he said.

With a price point comparable to other nutrition programs, he is encouraged by the reaction he and his dealers have seen since the product’s launch. He sees the potential for selling even more once temperatures cool and end-users stop using the VitaFerm HEAT® mineral and before they move into their premium mineral option ofVitaFerm Concept•Aid®.

“For about 120 days or so, between HEAT season and late spring calving, ranchers will be able to feed the Conserve mineral. They can cut their supplement costs while still having their cows on a good plane of nutrition,” Tostenson said.

He also said he’s seen some new, younger customers order multiple pallets of Conserve because they realize the value of a good nutrition program but have to watch their expenses. He hopes these customers will see the value of Amaferm in the mineral, and when calving time comes, ask their dealer about a premium product.

Finally, Tostenson suggests that dealers use their own knowledge of their existing customer base to determine the right customers to position VitaFerm Conserve to. He said most seedstock producers are hooked on the Concept•Aid and HEAT program, so marketing the Conserve line to commercial producers and new customers is often a good step. Building on current relationships and knowing your customers’ needs is key because at the end of the day, “people want to buy from people,” he said.

Saving money during uncertain times is often the key to survival. Position the VitaFerm Conserve as a way for your customers to conserve spending without sacrificing health and performance in their herd. Help your customers save some money and watch your business grow.

3 Steps to Effectively Market Conserve

BioZyme® rolled out several new products this spring in an effort to help you help your customers. VitaFerm® Conserve™ was developed as a way to keep your customers’ cattle healthy and performing at a competitive price point. We’ve launched the product. You’ve got the customers who are looking to save money, so it’s time to spread the word on this great new product.

Ashley Fitzsimmons, BioZyme Regional Marketing Coordinator, offers some timely advice to dealers.

1. Get the word out to all your customers.

If your customers aren’t aware of a new product, they are not going to buy it. And with the cost savings that VitaFerm Conserve offers during these economic times, they need to know specifically about this product. Do you advertise on your local radio station or with the local newspaper? Do you have a social media platform you use to connect to your customers?

“Let our marketing team help you with the resources we currently have available: sell sheets and literature, both digital and printed; or let us help you come up with a custom mailer, print ad, radio spot or social post. However, your audience likes to be communicated with, get in that space about the benefits of this product,” Fitzsimmons said.

2. Put together a target list and go after those individuals.

Everyone has customers that understand and know they want the Amaferm® advantage. But maybe they just haven’t made that buying decision yet, or price is currently keeping them out of that space. This is the mineral option for them; they just need you to tell them about it. Make that target list and give them a call or go visit them with your ASM. Make those sales calls and use Conserve to get in the door to their business!

3. Just stock it.

That might sound pretty basic, but you can’t sell what you don’t have. Fitzsimmons suggests that with this product packing the added punch of that recognizable and reputable VitaFerm logo on the side and then also being an economical option, it’s going to sell if it’s on your floor.

“Set it right next to your other VitaFerm products and this mineral will do half the marketing and selling for you.”

Communicate. Use your BioZyme Marketing Team and ASM. Keep the VitaFerm Conserve in stock. Follow these three simple steps to help you help your customers and their herds stay healthy.