There’s no shortage of people seeking CBD. In fact, awareness of CBD jumped from 47% in 2018 to 70% in 2019, according to a Nutrition Business Journal survey, and according to according to the Hemp Business Journal, global CBD market will grow to $2.1 billion in consumer sales by 2020.
With those kinds of numbers backing its popularity, CBD should sell itself. But as with any product category, there’s more to selling it in a retail environment than simply grouping products together and creating eye catching displays. With that in mind, here are two tips for making your CBD section stand out so that you can make more sales.
Focus on Educating the Consumer
As is often the case in new markets, most consumers will need to be educated about the legality, effectiveness and uses of CBD. It’s still a no-no to promote the health and wellness benefits of CBD with anything other than anecdotal evidence, having literature available from a trustworthy source is essential. Project CBD has brochures you can easily download and print out to have on hand.
Brand-provided literature is important because people like taking stuff home with them whether or not they buy the product. Brochures are mobile and give customers the chance to become more familiar with the product on their own terms. Don’t forget to staple one of your store business cards to any marketing material you hand out.
Lock It Up
Visit any store, whether its electronics or makeup, and you’ll find the best stuff in a locked showcase. The reasoning is two-fold. A customer can’t just walk right up and pluck the product off the shelf. That’s a big plus for CBD products that are often high-value items in small containers, making them east targets ideal shoplifters. Some people might be dissuaded from a purchase that requires in-store help, but for those that are truly interested in the product, the situation gives store employees the opportunity to engage, educate and even up-sell.
“Whenever somebody sees ‘Sales Guru’ on my card, they ask how you become one,” he says. “I tell them that you spend your life in sales, and you go to Nepal to climb the Himalayas to meet the real gurus. You get the wisdom from them, then you bring it back down and apply it to your life.”
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We know breaking up is hard to do, but sometimes the thrill is gone, and it’s time to move on. It doesn’t matter how long a brand’s been riding with you or how tight you are with the sales rep. If the product doesn’t perform, or worse, if the brand loses touch with the culture, it’s dead weight. And dead weight doesn’t just slow you down; it can drown you.
At HQ, we don’t shy away from controversy, but we also don’t exist to tear down legitimate players in the industry. We chose instead to invite both perspectives to weigh in.
Ali Bianco wants to elevate the cannabis world one pink pre-roll at a time. Since high school, she’s been sick of the stigma around weed and the idea that stoners are lazy and unkempt. Inspired by Blake Lively’s character smoking pink cigarettes in the 2011 film Hick, Ali decided to “make weed something beautiful” with a feminist kick.
In the early days, we bought flower based on two metrics: THC percentage and the vague promise of either indica or sativa. It was like ordering wine based on alcohol content and whether the label showed a beach or a mountain. We’ve come a long way.
I've witnessed firsthand how patient advocacy can profoundly change healthcare and people's lives. Today, I'm honored to lead ASA once again, as we intensify efforts to ensure medical cannabis reaches all patients who need it, fully integrated into our nation's healthcare system.