Snyder's of Hanover
hank

Point Pleasant Beach, NJ

#1377 Sep 3, 2011
wal mart and c store routes are for the birds!! Wal mart will kick you out for a penny a bag!! C stores lets face it frito has the market on them!! and where they dont have the market on it you need a 100 stops to make a decent living!! never buy a route when wal mart is the main source of revenue!! and c stores that are one store operations take every company that gives them a free fill!!

Adios S-L

Stanton, NJ

#1378 Sep 3, 2011
Like a few others here I recently left S-L as well. I wasn't an i/o though. I was in management. The deferment is killing sales. Guys are either going out empty at the end of the week, or loading their stores with all the slow moving stuff. All I can say is there is a lot of b/s coming down the line from Hanover and Charlotte. I feel sorry for those who are going to have to go through it. I left about 12 weeks ago and there isn't a week that goes by where I don't get 3 - 6 phone calls from my former co-workers at S-L asking me, "are you guys hiring? PLEASE keep me in mind." If the economy were any better there would be a lot of open S-L routes right now. Good luck to all of you.

Since: Apr 11

Location hidden

#1379 Sep 3, 2011
we all know their b/s , their mouths are moving.theres alot of routes open now. soon people will default on their loans cause they quickly realize a 6-7000 sales week @ 17% not gonna cut it. 17% a dream anyway. i guarantee no one is making more than a 15% GM. if they were not holding lance employees pensions hostage, the majority of them would be long gone by now. your right terms killin sales, been tried before, same result. ADIOS are you guys hiring?
Clocker

Wimauma, FL

#1380 Sep 3, 2011
Before the merge I averaged 17%. My area was middle to upper middle class income and Snyder products, not private label, were my biggest items. Most of the IO's made less than 17. Now, with the cuts and alw I wouldn't be surprised if most S-L distributors are down around 14%. Like I said in my earlier post, these greedy companies will get you down as close to 8% as they can. That is their goal.
Virtual_Flesh

Logan, WV

#1381 Sep 3, 2011
I was told at our disclosure meeting that Bank of America would be financing basically guaranteed loans, if you couldn't find a loan on your own. Also I was wondering if anyone has signed the new contract and if there were any differences between original SoH agreement and the new Snyders Lance contract. I personally ask the gentleman that was speaking at the meeting about my concerns of the routes getting re district-ed if I grew the business too much. He said no way because under this new agreement they would have to buy it back at fair market value, and supposedly I would have to agree. (Whether that true or not it remains to be seen.)
Virtual_Flesh

Logan, WV

#1382 Sep 3, 2011
boxhard wrote:
we all know their b/s , their mouths are moving.theres alot of routes open now. soon people will default on their loans cause they quickly realize a 6-7000 sales week @ 17% not gonna cut it. 17% a dream anyway. i guarantee no one is making more than a 15% GM. if they were not holding lance employees pensions hostage, the majority of them would be long gone by now. your right terms killin sales, been tried before, same result. ADIOS are you guys hiring?
In the disclosure meeting that I was in they said the pay was an 18.1% blend. 17% 1.60 and up 20% 1.59 and below. Also for the first 6 months it is 22% on the $1.59. Is this not the same for all states?
looking for answers

Shippensburg, PA

#1383 Sep 4, 2011
wow...good news..bad news...everyone has an opinion. I know it might be hard to maintain a positive attitude but thats what selling is all about. Ive been in the snack food business for 21 years as a dsd rep and also in management. I am starting as an io this coming week. I see a good opportunity and am going for it. I understand not evryone likes change and maybe change is not for everyone. Food for thought..who had a cell phone 20 years ago? How many of you have one now? How many of you could go a week without using one? I know that is not comparing apples to apples but just an example of change and what benefits it has given us. Look at how many "big" companies are struggling in todays market place...look at the world and the financial crisis. No matter how bad you think things are...they could always be worse. Take a moment to reflect on your life...be happy for what you have and make the most out of every situation. Think positively, smile, tell your significant other how much they mean to you. Everything can change in an instant. Before anyone responds to this...read a paper...read msn.com ....Like I said...Be happy for what you have and build upon that...most of us here can sell and do it well. You are giving many choices in life...if you dont like it ...change it...if you cant change it...adapt to it...adapt...improvise and overcome!! Lets go Make $$$$ and have fun doing it!!!
mass io

Plainville, MA

#1384 Sep 4, 2011
looking for answers wrote:
wow...good news..bad news...everyone has an opinion. I know it might be hard to maintain a positive attitude but thats what selling is all about. Ive been in the snack food business for 21 years as a dsd rep and also in management. I am starting as an io this coming week. I see a good opportunity and am going for it. I understand not evryone likes change and maybe change is not for everyone. Food for thought..who had a cell phone 20 years ago? How many of you have one now? How many of you could go a week without using one? I know that is not comparing apples to apples but just an example of change and what benefits it has given us. Look at how many "big" companies are struggling in todays market place...look at the world and the financial crisis. No matter how bad you think things are...they could always be worse. Take a moment to reflect on your life...be happy for what you have and make the most out of every situation. Think positively, smile, tell your significant other how much they mean to you. Everything can change in an instant. Before anyone responds to this...read a paper...read msn.com ....Like I said...Be happy for what you have and build upon that...most of us here can sell and do it well. You are giving many choices in life...if you dont like it ...change it...if you cant change it...adapt to it...adapt...improvise and overcome!! Lets go Make $$$$ and have fun doing it!!!
----------
Not to burst your very positive attitude, but would you still feel like that if you've been in the IO business making a straight 20% commission when you first stat, down to 19.5%, and going foward down to 17%? Talk to the IO's who've been here from the begining and what they've been through. They are the people who grew Snyders to what it is now. Coporate uses the IO's growth numbers to their advantage for power and to aquire other distribution companies to be bought out or merge with Snyders.
If you want to stay positive, why not go work at Walmart for $7/hour, work around the clock nd make $21/hour? Walmarts motto is that they create jobs for the community. What about the mom and pop stores that close do to their price gauging?
Yes, anyone walking into this IO situation is good and you will make money, but the veterans who started this IO concept with Snyders got to see first hand how things have changed. I've literally asked at least 5 IO's if this is better now or when they first started and all of them stated it was better back in the day.You will get to see first hand going foward. When I leave I will continue to follow this forum and see if you have the same positive attitude you have now. Only time will yell.
I'm excited for this transition too. I bought low and I'm selling high, before Snyders dictates what the "fair market value" is!!!
I'm not being negative towards you personally. The owner operator concept is a great opportunity only if coporate greed isn't first and foremost on mgmt minds. Good luck to everyone, and stick together.
Clocker

Wimauma, FL

#1385 Sep 4, 2011
looking for answers wrote:
wow...good news..bad news...everyone has an opinion. I know it might be hard to maintain a positive attitude but thats what selling is all about. Ive been in the snack food business for 21 years as a dsd rep and also in management. I am starting as an io this coming week. I see a good opportunity and am going for it. I understand not evryone likes change and maybe change is not for everyone. Food for thought..who had a cell phone 20 years ago? How many of you have one now? How many of you could go a week without using one? I know that is not comparing apples to apples but just an example of change and what benefits it has given us. Look at how many "big" companies are struggling in todays market place...look at the world and the financial crisis. No matter how bad you think things are...they could always be worse. Take a moment to reflect on your life...be happy for what you have and make the most out of every situation. Think positively, smile, tell your significant other how much they mean to you. Everything can change in an instant. Before anyone responds to this...read a paper...read msn.com ....Like I said...Be happy for what you have and build upon that...most of us here can sell and do it well. You are giving many choices in life...if you dont like it ...change it...if you cant change it...adapt to it...adapt...improvise and overcome!! Lets go Make $$$$ and have fun doing it!!!
LFA, did you read my post (1366) on the previous page? This is not a situation where we are afraid of change. I don't mean any disrespect, but your post could very well be from a corporate hack trying to counteract the obvious discontent from current and former IO's who see the writing on the wall as their % decreases with every corporate maneuver.

LFA I just read your post again. If I was a betting man (WAIT, I AM) I'd bet that you are from corporate. You sound like Matthew, without his "Does that make sense" line he uses every meeting,,LOL.
Clocker

Wimauma, FL

#1386 Sep 4, 2011
The only thing you left out LFA were pics from the new Snyders-Lance cheerleaders!!
mass io

Plainville, MA

#1387 Sep 4, 2011
To add to the comments. When the original independent company routes went owner operator the above name mentioned (now the sr vp at Snyders) was the owner. He cared about slow selling items cause IO credits were his credits-literally. He ASKED us if we wanted to go owner operated. I didn't know the first thing about OO and everyone said no. Well, guess what the next thing we knew was our 20% commission was now down to 19.5%. The explanation: inflation and costs for his business.
He sold the company to Snyders, not even having the balls to tell us. We read it online and questioned him. Anyways, he went OO and I left, but years ago bought in. People trusted him so the contract was never questioned. Because of this transition today alot of us had lawyers read the contracts. Comments: "this contrace is mickey mouse, everything is one sided. what snyders expects from the io and all the accountability is on the io. nothing in this contract states accountability on snydrs."
Just a little true history for all you positive potential soon to be IO's out there. And don't forget the fact after the transition everyone will be making 17% commission going foward. So looking for answers, that's why people are up in arms with this new deal. Facts not BS like Snyders-Lance is feeding the public. I can out people really bad, but will bite my lip cause, just because......
Clocker

Wimauma, FL

#1388 Sep 4, 2011
What I failed to mention is here on the west coast of Florida we distribute Publix private label at 14%. The product is just like any other, stales are IO's responsibility. Many of the Publix Pl items have barely a month code. That is why IO's in this area are making a lower %. Private label, whether it be bread or snacks is the worst thing to happen to distributors.

Since: Apr 11

Location hidden

#1389 Sep 4, 2011
i dont care what they said. if you running a traditional route(groc., mass, c store) you gonna make no more than 15% GM overall. base your decision on 14.5% of weekly total sales of rt. offered to calculate your gross. subtract all expenses after that.
the only difference in the contracts i see is that if you split S-L gonna take 7% off the top instead of 10% before. very big of them. looks to me that the % will be the same across the U.S., there may be some exceptons, but so far those who have gone through the transition, thats what it is 17% & 20-22% c store.yaz has it right. groc. chains by far the best option.
Virtual_Flesh wrote:
<quoted text>
In the disclosure meeting that I was in they said the pay was an 18.1% blend. 17% 1.60 and up 20% 1.59 and below. Also for the first 6 months it is 22% on the $1.59. Is this not the same for all states?

Since: Apr 11

Location hidden

#1390 Sep 4, 2011
did S-L sell you those corporate rose colored glasses at a 17% discount?
looking for answers wrote:
wow...good news..bad news...everyone has an opinion. I know it might be hard to maintain a positive attitude but thats what selling is all about. Ive been in the snack food business for 21 years as a dsd rep and also in management. I am starting as an io this coming week. I see a good opportunity and am going for it. I understand not evryone likes change and maybe change is not for everyone. Food for thought..who had a cell phone 20 years ago? How many of you have one now? How many of you could go a week without using one? I know that is not comparing apples to apples but just an example of change and what benefits it has given us. Look at how many "big" companies are struggling in todays market place...look at the world and the financial crisis. No matter how bad you think things are...they could always be worse. Take a moment to reflect on your life...be happy for what you have and make the most out of every situation. Think positively, smile, tell your significant other how much they mean to you. Everything can change in an instant. Before anyone responds to this...read a paper...read msn.com ....Like I said...Be happy for what you have and build upon that...most of us here can sell and do it well. You are giving many choices in life...if you dont like it ...change it...if you cant change it...adapt to it...adapt...improvise and overcome!! Lets go Make $$$$ and have fun doing it!!!
just tryin to survive

Greenbrier, AR

#1391 Sep 4, 2011
Adios S-L wrote:
Like a few others here I recently left S-L as well. I wasn't an i/o though. I was in management. The deferment is killing sales. Guys are either going out empty at the end of the week, or loading their stores with all the slow moving stuff. All I can say is there is a lot of b/s coming down the line from Hanover and Charlotte. I feel sorry for those who are going to have to go through it. I left about 12 weeks ago and there isn't a week that goes by where I don't get 3 - 6 phone calls from my former co-workers at S-L asking me, "are you guys hiring? PLEASE keep me in mind." If the economy were any better there would be a lot of open S-L routes right now. Good luck to all of you.
if you are who I think you are, good luck, u were a good person and will be missed,
Clocker

Wimauma, FL

#1392 Sep 6, 2011
With LFA's post and certain Judge ratings it seems we have a corporate influence here on the board. I find it humorous. Transparent.

Mass IO I didn't know Danny Boy was the owner of the Boston area distributorship. I thought he was the Northeast Zone VP, like Matthew is for the Southeast. The SE zone won Zone of the Year 2 years in a row. That is very hard to do and certainly a feather in the cap for Matty. For DM to get Senior VP over MI must have gone up the little guys kiester a mile wide,,LOL. Someone from outside the Snyder's corporate family got the prime job over the countries top Zone VP. Wow!! I'm falling off my chair laughing.
mass io

Plainville, MA

#1393 Sep 6, 2011
Clocker wrote:
With LFA's post and certain Judge ratings it seems we have a corporate influence here on the board. I find it humorous. Transparent.
Mass IO I didn't know Danny Boy was the owner of the Boston area distributorship. I thought he was the Northeast Zone VP, like Matthew is for the Southeast. The SE zone won Zone of the Year 2 years in a row. That is very hard to do and certainly a feather in the cap for Matty. For DM to get Senior VP over MI must have gone up the little guys kiester a mile wide,,LOL. Someone from outside the Snyder's corporate family got the prime job over the countries top Zone VP. Wow!! I'm falling off my chair laughing.
----------
Clocker,

He was the owner of Patriot Snacks before he sold to Snyders. I will say he has done VERY well for himself, on the expense of the IO's who trusted him. He built a brand new 50,000 square foot warehouse in Foxboro that I know of,.5 mile from Gillette Stadium where the Pats play. I will say everything that comes through this warehouse was because of him. Our solid partner brands are top notch earning us alot of money. The sales generated from our natural line outsells snyders by a large margin.
I will be the first to say I couldn't do what he does, play with people's financials and lives to climb the corporate ladder. I don't have that in me, obviously he does. Everyone here would like an explanation or answers to questions about the transition, but it's the same everywhere-nothing. We'll just have to wait and see what they'll dangle in front of us when the time comes.
Clocker

Wimauma, FL

#1394 Sep 6, 2011
MassIO, I don't mean to be insensitive to what is going on with the transition. I have friends who are still with the company and besides that I'm the type of person who does cares about others. I couldn't be DM, MI or that a.... loser Largo/Tampa DM who is desperately trying to climb the corporate ladder. He won't make it. The job will take decades off his life because he doesn't have it.

I will tell you what will be offered. Don't think for a second that New England will be any different than the rest of the country. They can't offer a better deal to one section of the country over the other. Can anybody spell l.a.w.s.u.i.t? Your % will be cut and instead of getting full commission on sales/bogo's you will have to contribute like FL has to. Down here it's 17%. What was once a 5 day a week job will be 6 or 7. You will own a business and get in on the ground floor. Hopefully you'll do well by working your ass off and forgetting about time with your family. The new Snyder-Lance Co will be your new family. Build it up quickly and sell it for a nice profit. Then get your life back.
Clocker

Wimauma, FL

#1395 Sep 6, 2011
,.5 mile from Gillette Stadium where the Pats play.

That's funny MassIO. I remember when it was Sullivan Stadium,,LOL. I also used to go to Foxboro Raceway to bet on the harness horses way back in the day. I think it's called Plainridge now. While I've been to Fenway 3 times since I've moved down here I have only been to Gillette (Kraft) Stadium once and that was for a REV's game. We don't make trips back home in the winter.
mass io

Plainville, MA

#1396 Sep 6, 2011
Clocker,

I too am getting out. I, along with a few others, have been the spokesmen for our warehouse. We have tried to be proactive and stay ahead of the game and band together,but with all the denial here we were unable to get through to my fellow IO's. The ones who are most upset are the ones who first purchased a route many years ago at 6:1. Now that there are facts about the transition the IO's are now starting to panic and want to band together. Too late to come to me, I'm in the process of selling. I really don't care that I just exposed myself to mgmt who reads these posts. I'm being proactive and selling high, not letting Snyders dictate the lowballing of buying our routes back at their "fair market value". I've stated all along that we, here in Mass are no different from other parts of the country. Others thought we were and had this positive naive attitude.
I've also told of this forum and all I get from them is that people on this sight are negative and don't know what their doing. Well fellow IO's in Mass who's crying now? Now the time is inching closer my coworkers are panicking and now wants to seek legal help. Day late dollar short. I'm out and I DO wish everyone good wishes. I can only say I've tried to warn and advise them what was coming down the line.
Another question my coworkers wanted to know is when Snyders buys our routes back, we sign a service agreement, buy back a territory, is there a clause in the new contract stating an IO needs to service the route for a minimum amount of time before selling? For example: the Io's who bought a route for the ratio of 6:1 many years ago were told Snyders will buy their routes back for the same ratio, or a little higher maybe 8-10:1 ratio. In this example I will use the 10:1 ratio. The IO's would be able to buy a route for the same ratio 10:1. Would the IO's be able to turn around and sell for the going rate, which is 20:1 ratio here in Mass? Is there a clause stating an IO can or can not?

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