When it comes to running a business, it’s not just about getting the sale. It’s about knowing how to get the sale again and again. Good data is the key to knowing which crops you should plant, which are your most popular delivery locations, how much each producer is selling through your market, and what type of customers are buying the most.
Get the tools you need to make better business decisions with LFM.
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Local Food Marketplace offers an unmatched reporting database to help food hubs, farmers, and markets easily analyze their data—with no additional fees. Here are just some of the 30+ reports that LFM customers are using to grow their profit:
Sales by Product
Which of your fruits and veggies sell best? Generate reports to see exactly which products you are selling the most (or least). So, you can focus on producing what your customers want the most.
“The platform provides the sales data and information we need to modify our production based on what people are actually eating.”
-Heather Coffey, Fiddlehead Farm.
Read More: Creating Customizable CSAs with Fiddlehead Farm
Sales by Location
You’re putting the work to get local food out to the community. But are you visiting the most in-demand locations? Use this report to determine your most profitable distribution locations, so you can create a delivery schedule that’s worth your time.
Take your data one step further by using reports to find out which products sell best at each location. If strawberry jam sells better than blueberry at one of your mobile markets, you can know which flavor to stock for that location!
Sales by Customer
Understanding your customer is key to your success. Quickly export customer reports to learn which of your customers are buying the most, and when. This data can help you decide when to time your next marketing push to restaurants. Or even whether to dedicate your resources to a different type of customer entirely.
“We almost doubled our sales, because we were buying and selling retail instead of just moving it through wholesale. LFM made this big shift possible!”
-Katie Nixon, Kansas City Food Hub
Read More: Food Hub Success with Kansas City Food Hub
Pounds of Food Distributed
For organizations that rely on grant funding, end-of-year reporting or RFP data collection can be quite tedious. LFM’s sales reports can be generated in an instant. Quickly export data on how many pounds of food you were able to distribute over the last year. You can even run comparative reports to show how much you’ve grown from one period to another.
“The built-in reporting functions have made it so easy to keep track of year-to-year data. I highly recommend LFM to anyone operating a flexible subscription-based program!”
-Operations Manager, Corbin Hill Food Project
Wrapping Up
Good data is important—that’s why LFM makes it easy to export and analyze your own sales data. And LFM’s customizable dashboards give you a quick glance what’s coming this week, how much you’ve sold, year-over-year data comparisons, and more. Are you ready to make better business decisions in 2023? Reach out for a free consultation today.
Looking to learn more about increasing profit? Check out our free Farmers Guide to Increasing Average Order Size for expert advice on increasing the value of every online order.
