WHEN:Jan. 18, 1:30pm ET
REGISTER: Save your seat here.
LEARN FROM THE BEST MINDS IN FARMING TODAY. LIKE CHRIS KIMBER, IN THE SPIN ONLINE SUPPORT GROUP. FREE TRIAL MEMBERSHIP WHEN YOU PURCHASE ANY SPIN GUIDE
Here’s SPIN-Farming’s Alphabet List of 2018 Trends to look forward to, culled from all the presentations at this year’s Member Meetups. Thanks to all of the forward thinking SPIN farmers listed below who presented their business plans, how they implemented them and the revenue they targeted and achieved.
SPIN’s online Member Meetups are THE place to get in on the latest entrepreneurial farming trends as they are happening and learn from the real-world experience of those who are using SPIN-Farming to create and develop successful businesses. If starting a farm business, or learning the business of growing food, is on your New Year’s to-do list, you’re welcome to join in. (see below).
SPIN’s Alphabet of 2018 Trends
Agritourism – yes even sub-acre farms can get in on this
Brand building – important now that there’s more competition
Collaborative CSA – low-risk way to scale
DIY supply chains – ditto above
Exclusivity – new way to work a niche
Food Safety – take a course; it’s the mark of professionalism
Grocery stores – they’re courting small producers now
Herbaceous cocktails – bars are now customers
Inventory tracking – use kanban
Just in time delivery – online ordering makes it easy
Kickstarter- works for expansion plans
Livestock – collaborate on this
Mix and match pricing – customers always buy more this way
Nursery business – yes, a few backyards can support one
Organic certification – in some markets it’s an advantage
Pet food – collaborate with veterianarian
Quackleberry eggs – duck eggs sell
Relative crop values – track it to increase your profitability
Specialization – easier to stand out with what you’re good at
Targeted revenue – always the starting point
Utility sink – a farmer’s spa!
Videomercials – consumers remember then
Wholesaling – ask for terms that work for you or walk away
X-pansion – if demand is there, grow beyond your backyard
Yardsharing – see above
Zippy packaging – good-bye dull earth tones
Beth Hagenbuch, Penrose Market Garden, Detroit MI Rob Miller, Trefoil Gardens, Woodstock GA Mike Meier, Ground Floor Farm, Stuart FL Ray Derksen, Market Garden 434, Sylvania SK Lourdes Casañares, Masagana Flower Farm, Manitoba, Mark Voss, Voss Organics, Madison WI Max Valyear, Green Wheel Farms, Belleville ON Tara Callaghan, Little Victory Farm, Hunter River, PEI Cale Sprister, Sandy’s Way Microfarm, Sedalia CO Rod Olson, Leafy & Lyre, Calgary AB
WANT TO LEARN HOW TO GROW WITH THESE PRO’S?
There are two options You can purchase membership here, to participate in our online support group and get access to all past and future Member Meetups as well as monthly instant learning sessions conducted by SPIN-Farming’s creator, Wally Satzewich.
If you are committed to starting a business, purchase our guides here which also comes with a free trial membership.Be on trend and in the money in 2018!
Thanks to Ray Derksen,John Greenwood, Darmaris Katt, Beth Hagenbuch and Adithya Ramachanrdan for helping Wally lead last week’s meetup. and sharing their end of the year assessments in 5 areas: crops, marketing, work flow, gear and revenue.
The main theme was in-season revamps to farm plans are now the rule rather than the exception. SPIN farmers are constantly having to change throughout the season in response to food trends, customer tastes and competition.
What that means for 2018: 2 plans – one that is “core”, based on predictable, steady best sellers. And another that is a flex plan, based on more niche, experimental crops that can be changed out quickly throughout the season. Real-time analysis and record keeping are more important than ever. Lots of software out there to help you do that.
Flowers are a blooming trend, along with farmers having to take a more active role in building traffic to their farmer’s markets. Finding motivated labor is a key challenge, and controlling costs is the top 2018 priority. Lots more insights on the current state of the backyard farming business in the replay. Now playing 24/7 when you log in here.
Courtesy of Wally S., Wally’s Urban Market Garden, Saskatoon, SK
Seed saving has been in vogue for some time now, and there are lots of good reasons to do it. Here’s one that surprised me. In crunching some numbers on garlic production, I figured out that from a $500 investment in seed garlic this year, I can grow this investment by 5 times, each year, so at the end of year 4, I’ve turned 250 heads into 125,000 heads worth $250k. The point is to replant the harvested garlic each year instead of selling it.
The calculations involve assuming 5 cloves per head. Planting the cloves multiplies your seed stock at a dramatic rate in a few years. Seed stock, especially for crops like garlic, can be initially expensive to buy, so replanting to multiply your stock has real impact on your bottom line.
Those of you with small yards, or maybe even no yard, are asking, “Yes, but how much land do you need to generate $250k?” Nowhere near as much as you might think.
This is where SPIN-Farming’s standard units of production come in handy. I figure I need about a half SPIN segment, or 500 sq. ft., for 1,000 cloves. 25,000 cloves requires 12.5 segments, which is around a 1/4 acre. 125,000 cloves will require 50 segments, just over an acre. That’s about 2 suburban backyards. So if you don’t have the space yourself, you can team up with someone else, using SPIN’s multi-locational model.
Seed stock multiplication is something I am going to start paying more attention to, because saving seed may save you a pretty penny, and help you generate lots of ’em, too.
GET MORE MONEY-GENERATING TIPS LIKE THESE IN THE SPIN ONLINE SUPPORT GROUP. FREE TRIAL MEMBERSHIP WITH THE PURCHASE OF ANY SPIN GUIDE.
Courtesy of Wally S., Wally’s Urban Market Garden, Saskatoon, SK
Here’s a small touch that can generate a big increase in sales – offering a shopping basket at your stand. It works in several ways.
It It makes it much easier for customers to load up if they aren’t having to juggle different items and encourages impulse buys. It also puts them in supermarket mode, where they are used to buying lots of items. It even gives you a friendly ice breaker because you can say, “Hello, would you like a basket?”
All of a sudden the customer feels like they are in a different space, a more familiar space. Taking a basket means they have committed to seriously shop at your stand, and not just spend a few dollars. Many chain mall retailers use this tactic. It’s easy to test out with a few baskets. If it works, you can scale up and have a rack of them with a sign that says “Take one for your convenience.”
One farmer who did this reported that sales doubled, and it turned some occasional customers into regulars. Try it – bigger sales may be in the basket!
Courtesy of Roxanne C., Philadelphia PA
An aspiring flower farmer planning to start up in 2018 has been thinking through with us whether or not to invest in a cooler. Here are some of the considerations.
If you opt to take SPIN’s low road and launch without a cooler, it will affect your crop repertoire. It will be weighted towards those varieties that can maintain a vase life of about 7 days without being cooled. It will also mean that the business should be based on pre-selling and obtaining contracts for regular weekly delivery, which will eliminate the need for storage.
If you want to sell at a farmer’s market, your workflow will be more pressured, but cutting bouquets the day before or morning of the market is do-able. If you are selling u-pick at an open farm day, it should be scheduled in the morning or at dusk to
avoid flowers wilting in the sun.
If you are partnering with an event coordinator by serving as a contractor/florist vendor, or if you plan to develop an events business on our own, the low road is not an option. The volume and the likelihood that you will be using at least some imported flowers requires access to some cooling capacity. Reach-in coolers can be purchased for under $1,000. and you can add on additional ones as you start generating cashflow.
Investing in a cooler is a major turning point in any SPIN-Farming business. Getting one sooner means an easier launch and faster revenue growth. Getting one later means more trade-offs and developing coping strategies. But for those who are serious
about starting a farm business, the cooler always cometh.
GET MORE TIPS ON FASTER AND EASIER STARTUP IN SPIN’S ONLINE SUPPORT GROUP. FREE TRIAL MEMBERSHIP WITH THE PURCHASE OF ANY SPIN GUIDE.