Gourmet Food Sales: Starting Your Own Company

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Today's consumer is more inclined to purchase organic and high quality foods. More retailers and small businesses than ever before are offering gourmet quality food, so that people's discerning palates can enjoy the best that eating has to offer. If you've considered starting up a gourmet or specialty food business, here are some helpful tips to get you started.

Find Your Niche

While you can offer customers everything from fresh meats and cheeses to organic sweets, it's best to find your own special niche. For example, if you have a passion for gourmet chocolate, focus on selling delicious chocolate products and candies. Hone in on the type of food you're most interested in selling, and then seek out the best of the best. It is easier to work on marketing a niche food product than attempting to sell all kinds of food items at once. Businesses who offer something unique and "out of the box," like Nossack Fine Meats Ltd can really stand out in today's gourmet food marketplace.

Consider Your Source

If you want to sell gourmet food, does it have to be 100% organic? All handcrafted? Locally farmed and harvested? Think about where your products will come from, and make a determination right away as to how you'll be sourcing them. Letting customers know where your food comes from is a great way to help garner interest and give them peace of mind that the goods you're selling are healthy and of top notch quality. 

Don't Overdo Your Inventory

Remember that food needs to be kept and sold fresh. It's best not to over order large quantities of inventory when you're first starting out. Until you reach a broad audience and develop a good customer base, you don't want to end up with too many products that may go bad eventually and have to be thrown out. Use a vendor who can ship things to you quickly if you run out, and keep good track of what you have versus what you sell so you can hone in on the best ways to manage your stock.

Consider Shipping

If you do not have a brick and mortar store or if you offer online shipping, think about how the food you sell will be shipped. If it's something perishable, you will most likely have to invest in foam packaging and dry ice in order to keep it fresh on the journey to your customer's doorstep. Non perishable food is much easier to ship, and may have less overhead in terms of packing material. All of these factors come into play for your bottom line and profitability. They will also have an impact on your customers' happiness.