The PGS Blog

Are These 6 Things In Your 2023 Strategic Plan?

You may have heard the phrase “strategic plan” before. I talk about it a lot. Because it’s the front half of any good business plan, but it is the most poorly thought-out part of most business plans among CPG startups. The ones I’ve looked at seem

Before You Head to Customer Meetings, Read This

You might think saying ‘no’ is simply a luxury of an established business that has the privilege to turn down an opportunity that isn’t absolutely dead-on perfect. But you’d be wrong. Saying ‘no’ is one of the fundamental business skills never taught in school, especially in business

Let’s Stop Celebrating Launches More than Business Anniversaries

I’ve got news for some of you. Pitch Slams are simply entertainment for an audience gathered for some other purpose entirely (and a form of weak, patronizing philanthropy from hosting organizations). But these beginner contests have increased without any correlation to your average consumer startup's

Is Premium CPG Growth Mostly Downmarket?

In 2020, I predicted in a public webinar that premium CPG growth would snap back to its pre-pandemic annual growth rate trend by 2021.  What am I talking about? I’m talking about the change in the Year-over-Year growth rate. This may sound super academic to a

Your Fans Will Get You Through Any Recession

Loyalty, defined as exclusive brand usage, may be a mirage in most categories (and in many premium segments within them). But this does not mean you can not retain fans for 2-3 years before the next modern thing catches their eye.  Retention is different from loyalty

Creating Enough Retail Opportunities So You Can Choose

I once got confronted by a Phase 2 founder with a great (but perhaps not wildly memorable) product that was chasing a not that interesting outcome in his category. Word-of-mouth was weak because a ‘great-tasting’ X isn’t culturally interesting in some categories. “James, I take any

Key Barriers to Premium Trial at Retail

I know “barriers” is a downer word, but it’s not just a marketing concept. It’s one of the more sobering realities entrepreneurs must face as they pursue growth. Deny barriers to trying your brand at your peril. Some premium innovations have few obstacles to uptake

Affirmative Action for End Caps

Later this week, my June 1 episode of Startup Confidential drops. Episode 71 is a doozy where I take on the need for affirmative action for end caps. One of the final corrupt frontiers of white privilege in retail is the paid display. This is

On Influencer Selling

On Influencer Selling

What is ‘influencer marketing anyways’? And is it dying of inauthenticity and rampant fraud? Is ‘marketing’ even the right descriptor here?  It’s well known that many ‘influencer’ campaigns fail to do anything other than build awareness in small lifestyle tribes. Not worthless by any means, but