Why one wholesale price isn't enough

When you sell your first case to a local grocery store, you set one wholesale price and move on. But the moment you add a distributor, a broker, or a chain account, one price no longer works.

Each channel adds a layer between you and the shelf — and each layer takes a cut. If you charge a distributor the same price you charge an independent retailer, one of three things happens: the distributor can't make margin and declines your product, the retailer pays more than competitors' products, or you eat the difference and destroy your own margin.

Pricing tiers solve this. Each tier represents a different buyer type with a different wholesale price, reflecting the economics of that channel.

The three core pricing tiers

Tier 1: Direct Retail
You sell directly to a retailer. No middlemen. This is your highest wholesale price because there's no distributor margin to account for.
Who buys at this price
Independent grocers, specialty shops, co-ops, farmers markets
Typical margin structure
You keep 40–55% gross margin, retailer gets 35–50%
When to use
Your first 5–20 retail accounts, local stores, DSD delivery
Sell sheet version
Shows MSRP + direct wholesale price
Tier 2: Distributor
You sell to a distributor (UNFI, KeHE, DPI, etc.) at a lower price. They warehouse, ship, and invoice the retailer — and add their markup (typically 25–35%).
Who buys at this price
UNFI, KeHE, DPI, regional distributors, specialty wholesalers
Typical margin structure
You keep 25–40% gross margin, distributor takes 25–35%, retailer gets 35–50%
When to use
Scaling beyond DSD, entering chain accounts, national expansion
Sell sheet version
Shows MSRP + distributor wholesale price (lower than direct)
Tier 3: Broker
A broker represents your brand to retailers and distributors. They don't take ownership of inventory — they earn a commission (typically 5–10% of sales) for opening doors and managing accounts.
Who buys at this price
Retailers and distributors, placed by your broker on your behalf
Typical margin structure
Same as direct or distributor tier, minus 5–10% broker commission off the top
When to use
Entering new regions, accessing chain buyers you can't reach directly
Sell sheet version
Broker gets your sell sheets for both direct and distributor tiers
How Thello helps

Set up your pricing tiers in Brand Profile → Business & Distribution. Name each tier (e.g., "Direct Retail," "Distributor," "Broker Direct") and set a wholesale price per product per tier. Thello automatically generates a separate sell sheet for each tier — same product, different pricing, correct audience.

How money flows through each channel

Let's trace a $7.99 MSRP product through each tier to see where the money goes.

Direct retail channel

You receive
$4.80
Wholesale
ships direct
Retailer pays
$4.80
Marks up to $7.99
sells at
Consumer pays
$7.99
MSRP

Your margin: $4.80 – $2.40 COGS = $2.40 (50%) · Retailer margin: 39.9%

Distributor channel

You receive
$3.50
Dist. wholesale
ships to dist.
Distributor pays
$3.50
Marks up to ~$4.80
sells to retailer
Retailer pays
~$4.80
Marks up to $7.99

Your margin: $3.50 – $2.40 COGS = $1.10 (31.4%) · Dist. margin: ~27% · Retailer margin: ~39.9%

The margin math

Notice your margin drops from 50% to 31.4% through a distributor. That's normal — you're trading margin for scale. A distributor gives you access to hundreds of stores you couldn't service directly. The question isn't "is 31% enough?" — it's "can I maintain 31% at volume and still be profitable after trade spend?"

Real pricing example

Here's how a real product (MSRP $7.99, COGS $2.40) looks across all tiers:

Direct Retail Distributor Broker + Distributor
MSRP (shelf price) $7.99 $7.99 $7.99
Retailer cost $4.80 ~$4.80 ~$4.80
Distributor cost $3.50 $3.50
Broker commission (7%) $0.25
You receive per unit $4.80 $3.50 $3.25
COGS $2.40 $2.40 $2.40
Your gross margin 50.0% 31.4% 26.2%

All three channels are valid — but you need to know your numbers before you commit. If your COGS is too high to sustain 26% margin through a broker + distributor channel, you need to either raise MSRP, lower COGS, or stay in the direct channel until you can.

How Thello helps

Use the Margin Calculator in the Toolkit to run these scenarios before committing to pricing. Input your COGS, wholesale price, and MSRP for each tier and see your margins instantly. Adjust until the numbers work for every channel you plan to sell through.

Setting your prices: a framework

Step 1: Start with MSRP

Your shelf price is anchored by the category. Look at comparable products on the shelf — what's the price range? Price too high and retailers won't take a chance on an unknown brand. Price too low and buyers assume low quality (and you'll destroy your margins downstream).

Step 2: Work backwards from COGS

Your cost of goods sold is the floor. Every price tier must leave enough margin above COGS to cover your operating costs and generate profit. If your COGS doesn't leave room for distributor pricing, you either need to reduce COGS through scale or stay in the direct channel.

Step 3: Set direct retail first

Your direct wholesale price should give both you and the retailer healthy margins. Target 40–50% gross margin for yourself and 35–45% for the retailer (the exact split depends on the category and competitive set).

Step 4: Set distributor pricing

Work backwards from the retailer's cost. If the retailer needs to pay ~$4.80 to maintain their margin, and the distributor adds a 25–35% markup, your distributor price needs to be around $3.50–$3.85. Check that this still leaves you 25%+ gross margin.

Step 5: Account for broker commission

Broker commissions (5–10%) come off your net revenue, not the shelf price. If you sell through a distributor at $3.50 and your broker takes 7%, you net $3.25. This is your lowest-margin channel — make sure it's still profitable.

Don't forget trade spend

These margins are before trade spend — promotional allowances, slotting fees, MCBs (manufacturer charge-backs), and free fills. UNFI alone can deduct 15–25% off your invoice through various programs. Build trade spend into your pricing model or you'll be surprised when your actual margin is 10 points lower than you expected.

Common pricing mistakes

Giving the same price to everyone

If a distributor gets the same price as a direct retailer, there's no room for the distributor to make their margin. They'll either decline your product or demand a lower price on the spot — and you'll be negotiating from a weak position.

Setting prices without knowing COGS

Surprisingly common. Brands set wholesale prices based on what "feels right" or what competitors charge, without calculating their actual landed cost per unit. Know your COGS including ingredients, packaging, co-packing, freight, and any quality testing.

Pricing too low to win accounts

Undercutting competitors on price to get your first distributor placement is tempting. But once you're locked into a low distributor price, raising it is extremely difficult — distributors have MAP agreements and pricing histories. Start at a sustainable price, even if it means slower growth.

Mistake
"We'll set a low price to get into UNFI, then raise it once we have volume."
Better approach
"We'll set a sustainable price from day one and offer a limited introductory promotion for the first 90 days."

Forgetting to update sell sheets when prices change

You raise your distributor price by $0.25, but your broker is still sending last quarter's sell sheet. Now you have two prices floating around for the same product. This creates confusion, erodes trust, and can lead to chargebacks when the invoice doesn't match the quoted price.

How Thello helps

When you update a price in Thello, every sell sheet and web link that references that pricing tier updates automatically. No manual file management, no version confusion, no outdated sell sheets floating around with your broker.

The pricing tier checklist

Before launching into a new channel, confirm these: