1 / 6

Reengineering Vendor Fees

Reengineering Vendor Fees. Oxford Village Market Case Study. Problem. Current vendor fees of $200 per season are too high Vendor fees are needed to offset market expenses. Reengineer. Identify alternative sources of income to replace lost vendor fees

eve
Télécharger la présentation

Reengineering Vendor Fees

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Reengineering Vendor Fees Oxford Village Market Case Study

  2. Problem • Current vendor fees of $200 per season are too high • Vendor fees are needed to offset market expenses

  3. Reengineer • Identify alternative sources of income to replace lost vendor fees • Identify cost saving measures to minimize effect of lost vendor fees • Increase exposure of market to recruit new vendors, sponsors and patrons

  4. Approach • Reduce vendor fees to $100 per season • Institute sponsorship program • Create Facebook fan page • Enhance web presence • Utilize national and local online listings • Introduce monthly basket raffle • Sell branded reusable bags

  5. Impact • 5 new vendors recruited • 9 sponsorships procured • 26% under budget • Vendor revenue increased 62% • Increased customer email list by 67%

  6. Outcome Happy Farmers + Happy Consumers + Happy Community = Sustainable & Growing Farmers Market If every household in PA spent $10 a week on regionally produced food, $48 million dollars would stay in the local economy each week. That's about $200 million every month and nearly $2.5 billion per year. www.buylocalpa.org

More Related