Slotting fees are terrible for small vendors! What’s even worse is that some retailers even charge advertising and stocking fees! I’m starting to think that that’s how some stores can have such low prices while other stores are far more expensive.
I work for a grocery store which has an entire section set aside for local cookies, chips, and other foods. Our prices are really high compared to other stores in the area. I always wondered why, but now I see it must be because the store I work at doesn’t charge slotting fees.
There’s another grocery store down the road which has far cheaper prices and half the business of the one I work at. I’ve noticed that they don’t have a section for local products.
Well, no wonder they’re prices are so low! They don’t have to worry much about making actual sales if they’re collecting huge slotting fees, do they?