– Introduction to Business Engagement Models:
– Lions Creek offers four progressive engagement models to suit various business opportunities and levels of commitment. Each model is designed to provide a customized partnership experience, with different levels of support, pricing, and access to revenue streams. The engagement models include Deli, Retail, Dedicated Store, and Multi-Store.
– Deli Model:
– This model is ideal for businesses with a focus on brick-and-mortar sales of core products only. It includes product introduction training and mentions in Lions Creek’s online media as a partner. Deli partners purchase products at a tiered price + $2.00 per unit and sell at the list price + $2.00 per unit. There is no commitment to Lions Creek branding, other than the exclusive sale of EVOOs and vinegars from Lions Creek.
– Retail Model:
– The Retail model is designed for businesses looking to sell a full suite of primary EVOO and vinegar products through brick-and-mortar locations, as well as through restaurants and corporate gifting. This model includes approximately 30 hours of training, including product introduction, sales process introduction, in-store training, and annual refresher training. Retail partners are mentioned in Lions Creek’s online and printed media as partners and have no commitment to Lions Creek branding, other than exclusively selling EVOOs and vinegars from Lions Creek.
– Dedicated Store Model:
– The Dedicated Store model is suitable for businesses looking to establish a Lions Creek store location, offering a full suite of primary EVOO and vinegar products, specialized products, and seasonal products. This model includes approximately 50 hours of training, access to various revenue streams (brick-and-mortar, corporate gifting, restaurants, trade shows, and online sales allocation), and a branding commitment to Lions Creek. Dedicated Store partners receive tiered pricing with one volume tier advantage and are required to sell at the list price.
– Multi-Store Model:
– The Multi-Store model is designed for businesses looking to establish multiple Lions Creek store locations, offering a full suite of primary EVOO and vinegar products, specialized products, seasonal products, and trial and once-off products. This model includes approximately 20 hours of training per store per year, access to various revenue streams (brick-and-mortar, corporate gifting, restaurants, trade shows, and online sales allocation), and a branding commitment to Lions Creek. Multi-Store partners receive tiered pricing with one volume tier advantage calculated as the total across stores and are required to sell at the list price.
For a more detailed breakdown of each business engagement model, including pricing structure, product lines, training and support, marketing and website, branding, and technology, please refer to the provided chart.
Engagement Model | Requirements | Benefits | Potential Revenue Streams |
---|
Deli | Small footprint | Lower startup costs | Brick and Mortar |
| Basic equipment | Easier to find suitable locations | |
| Limited menu | Quicker setup and opening | |
---|
Retail | Retail space | Access to higher foot traffic | Brick and Mortar, Restaurants, Corporate Gifting |
| Expanded menu | Broader range of products | |
| Staff training | Increased brand exposure in retail stores | |
---|
Dedicated Store | Standalone store | Full Product and Service Offering | Brick and Mortar, Restaurants, Corporate Gifting, Trade Shows, Online Sales Allocation, Deli Servicing |
| Full menu | Greater control over store environment | |