Are food brokers worth it?
Although it can be costly to hire a broker, it may save you money in the long run. Whether you are meeting with stores yourself or hiring your own sales representatives, the costs associated with pitching new products can add up.
What do food distributors charge?
Distributors will take 10 – 15% margins. How about high-end retail stores? It's closer to 25 or 30%. (Here's an article on food product pricing).
Do food brokers make good money?
There is more than meets the eye when it comes to being a Food Broker. For example, did you know that they make an average of $33.97 an hour? That's $70,655 a year! Between 2018 and 2028, the career is expected to grow 2% and produce 35,400 job opportunities across the U.S.
What is a broker in food industry?
What Is a Food Broker And What do They Do? A Food Broker is given the complex assignment of selling your food product. They achieve this through negotiation in order to stock your product in any store that sells food, whether that be your local co-op or a popular convenience store.