Wednesday, 05 November 2014 00:00

Rebrand timing not ideal admits boss

Written by 
Jason Minkhorst Jason Minkhorst

FARM SOURCE/RD1 managing director Jason Minkhorst admits you wouldn’t plan to rebrand and reposition Fonterra’s RD1 stores to Farm Source when you have a $5/kgMS payout.

 

“Would you plan to do this when you have a $5 payout? Of course you wouldn’t,” he told the Dairy Women’s Network annual meeting. “But of course five months ago when we designed this it was $8/kgMS. And that’s when we made the decision to go with it.”

But in other ways he says it was perfect timing because of the special deals and Farm Source rewards it offers farmers. 

“We’re not doing this all overnight; be assured we know what it means with the current payout. But a lot of this would have happened with the store refresh anyway.”

The first RD1 store to switch to Farm Source was in Methven last month and the next will be Edgecumbe, Minkhorst told Rural News.

Farm Source is much more than just a rebranding of RD1, he says. “It’s a way to describe all its relationships with the farmer under that one brand.

 “When you think about Fonterra – NZ’s biggest company – where do you go to visit it? You can’t go to the factory due to biosecurity reasons and health and safety so we don’t have a strong connection – there’s no place to go and visit. 

Ninety-five percent of Fonterra farmers live within 15km of an RD1 store so it’s a perfect  place to create these hubs.”

Minkhorst says within two weeks of the Methven Farm Source opening the local irrigation trust held its board meeting there and a farmer’s son came to have a job interview there. “With the poor wifi they came to benefit from our better wifi and hopefully they have the job.” Dairy Women’s Network will host its regional meeting there on November 3. 

“It will be available for farming businesses when they want training, farm board meetings; it is your place to use. We are there to help farmers get things done… save them time, save them money; it’s pretty simple.”

More like this

SustaiN lands NZ registration

Ballance Agri-Nutrients fertiliser SustaiN – which contains a urease inhibitor that reduces the amount of ammonia released to the air – has now been registered by the Ministry of Primary Industries (MPI). It is the first fertiliser in New Zealand to achieve this status.

Farm Source turns 10!

Hundreds of Fonterra farmers visited their local Farm Source store on November 29 to help celebrate the rural service trader's tenth anniversary.

Featured

NZEI unhappy with funding cut for teachers

Education union NZEI Te Riu Roa says that while educators will support the Government’s investment in learning support, they’re likely to be disappointed that it has been paid for by defunding expert teachers.

EU regulations unfairly threaten $200m exports

A European Union regulation ensuring that the products its citizens consume do not contribute to deforestation or forest degradation worldwide threatens $200m of New Zealand beef and leather exports.

Bionic Plus back on vet clinic shelves

A long-acting, controlled- release capsule designed to protect ewes from internal parasites during the lambing period is back on the market following a comprehensive reassessment.

National

Machinery & Products

New Holland combines crack 50 years

New Holland is celebrating the 50th anniversary of the introduction its Twin Rotor threshing and separation technology, which has evolved…

Iconic TPW Woolpress turns 50!

The company behind the iconic TPW Woolpress, which fundamentally changed the way wool is baled in Australia and New Zealand,…

» Latest Print Issues Online

The Hound

Double standards

OPINION: Imagine if the Hound had called the Minister of Finance the 'c-word' and accused her of "girl math".

Debt monster

OPINION: It's good news that Finance Minister Nicola Willis has slashed $1.1 billion from new spending, citing "a seismic global…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter