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Beef is the Most Popular Grocery Purchase for Consumers, Reveals a Study

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The popularity of Beef has extended beyond the meat department. According to a recent study, the average retail basket that includes beef had more than double the sales. When there is beef in the cart, the consumers spend more and purchase more items.

Beef brought in more dollars than any other item. According to the 2019 Fresh Meat Market Basket Analysis, at more than 2% of total sales, cow meat is the most successful protein sold in stores. It is found in more than 6% of shopping carts. NCBA’s Executive Director of Meat Science and Supply Chain Outreach, Bridget Wasser said Beef is an essential item for shoppers as it is versatile in nature. It is a staple in almost all cuisine types and is purchased by all major demographic groups.

Beef steak baskets have generated even higher average cart sales at $92 compared to baskets including chicken or beef substitutes. These baskets drove 44% more total sales than baskets with chicken. There were more than 19 times the total sales of baskets with beef substitutes. Wasser added that Beef provides both a celebratory and an everyday experience- from casual burgers on the grill to celebratory steak dinners. Substitute products don’t have the range of product options that beef does. He says beef’s many uses can help drive sales storewide. Some uses are of meat carcass itself, which is driving higher sales for beef carcass companies.

Wasser has suggested retailers to consider the season in which they are selling the cow meat for additional cross- promotion opportunities. She also asked them to equip staff to answer questions on variety of topics related to it. Retailers & their staff are the first line of defense. They are a key to ensure shoppers have a great experience so they need to be educated about beef cuts, recipes and cooking methods to ensure proper assistance to consumers, she said.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Lifestyle

Powerful Corporate Gifting Strategies to Build and Strengthen Business Partnerships

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If you want to build and strengthen business partnerships with your clients and top investors, there are a few key steps you must take. One essential strategy is corporate gifting. This simple act goes beyond building a partnership. It will also increase your customer retention rate and promote your business even beyond the shore of your country. 

But before you consider gifting any item, there are some strategies to put in place. This will ensure your gift makes a lasting impression and resonates well with your clients. Below are powerful corporate gifting strategies to build and strengthen business partnerships with your clients and top investors. 

Choose a Personalized Item 

Rather than choosing an ordinary gift for your clients and investors, opt for a personalized item. Customised corporate gifts such as T-shirts, coffee mugs, and bags create a stronger emotional connection than generic gifts. They also leave a more lasting impression than most other gift types.

Imagine how investors and your clients will feel when you beautifully inscribe their image or favorite quotes on a T-shirt. Of course, they will feel valued, appreciated, and ready to invest more in your business.

Consider Their Culture and Background 

As an entrepreneur, it’s essential to be culturally competent and sensitive. Your gifts should resonate with your clients’ and investors’ cultural backgrounds. Otherwise, they may be quickly discarded or overlooked. If your investors and audience are predominantly of Black heritage, consider giving them a custom T-shirt featuring a map of Africa or inspirational quotes from iconic Black leaders. 

Their religious beliefs are also important. Specific religions may find some images or symbols inappropriate. For instance, if you’re giving a gift to a Muslim investor, avoid designs that include images like pigs, as they are considered offensive in Islamic culture.

Consider a Functional Gift 

You should also consider the gift’s functionality. A gift that can be used every day will be more valuable than an impractical one. Even if the gift is expensive but doesn’t have any functional purpose, it won’t serve the purpose it was intended for. 

Instead of purely sentimental keepsakes or abstract gifts, consider practical items like pens, notebooks, backpacks, coffee mugs, umbrellas, or water bottles. Just make sure the gift is well-designed and features your brand logo and identity. This not only increases brand visibility but also helps strengthen the connection between you and your investors.

Tie it to a story

Tie your gifts to a story to make them more memorable and emotionally meaningful. For example, if during your business’s early days, your employees always worked tirelessly day and night, you could opt for a custom hourglass. Clients and investors who receive such a gift will appreciate your business’s journey of patience and perseverance.

Offer Quality Gifts

Gifts given to investors or clients who have significantly contributed to your business growth should reflect their value. They shouldn’t be cheap or low-grade items. The gift doesn’t have to be trendy or widely popular, but it should come from a reputable and high-end brand. This will give your gift more credibility. Besides, the recipients will feel comfortable to use the gift among their colleagues.  

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