MERCHANDISING HONEY
Promotional activity continued to play a minor role in driving honey sales in retail during 2022, with only 15.5% of honey sold on promotion. Temporary price reductions (a discounted price available in-store but not advertised) are the most prevalent promotional tactic, accounting for 12.3% of all honey dollar sales and driving a 55.3% incremental dollar lift (meaning 55.3% greater dollar sales occurred because of the TPR)1.
The National Honey Board offers four merchandising recommendations to increase sales of honey in the retail channel:
- Merchandise all honey SKUs together in a block within the grocery aisle, grouped by brand with the larger sizes to the right.
- Avoid placing honey on the highest or lowest shelves, but rather strive for the “reach level” shelving located between waist and eye levels.
- Whenever possible, seek incremental (secondary) placements of honey SKUs beyond of the core honey section, placing honey adjacent to complementary items and categories. For ideas, look at the foods mentioned in the Inspiration section of this site.
- Use signage on displays and shelving to remind shoppers of the role of honey and honey bees in sustaining our food supply and how purchasing honey directly supports beekeepers and their ability to keep healthy bees.
1 Source: NIQ Discover, Total US xAOC, Latest 52 Weeks Ending 11/05/2022