Shorten Your Job Search by Writing a Compelling Value Proposition Letter
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Shorten Your Job Search by Writing a Compelling Value Proposition Letter — Part 2

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Compelling Value Proposition Letter

In this column, I will be keeping the promise I made in my last column (Part 1) to provide examples of value proposition letters you can send unsolicited to employers as part of your job search activities. In other words, you are not responding to a job posting with your resume and a value proposition letter; instead, you are fishing for possible employment opportunities now or in the future.

Before you get to my examples, here are a few recommendations to increase the chances of your email being read and acted upon:

  • Keep your letter to a maximum of 300 words.
  • Copy/paste your letter into the body of your email. Never send your letter as an attachment.
  • Always address your letter to a specific person.
  • Make your email subject line compelling enough to get the recipient to open it. Your email subject line determines whether or not your email will be opened. Spend extra time crafting an eye-catching email subject line.

 

EXAMPLES:

  • In 3 months, I grew my employer’s Instagram followers by 30%. Now I want to be your next social media manager.
  • Social Media Manager with Non-Profit Expertise Interested In Helping Your Team
  • Revolutionize Your Call Centre Operations with My 20+ Years of Experience

First value proposition letter example (171 words):

Dear [Executive],

More than 20 years later, I still recall first eating Kay’s Potato Chips, your Sour Cream & Onion, while visiting an aunt who lived in Dayton, Ohio. I was immediately hooked. Therefore, I was thrilled to see you breaking into the Canadian market and your chips now available in grocery stores throughout Ontario.

Given your expansion into Canada, I would not be surprised if your Procurement team is pushed to the limit. (This is your pain hypothesis which in this case is not a stretch when you consider the demands on a company expanding into a foreign market.)

When I was a Senior Buyer/Planner at Deep Nutrition Corp. before its acquisition by Soylent Industries, I created the company’s first Supplier Quality Assurance program along with negotiating cost-saving long-term agreements with Deep Nutrition’s top four suppliers. Those agreements helped Deep Nutrition grow sales volume from $14 million when I arrived to over $31 million within three years.

Can we talk over the phone about Kay’s Potato Chip’s expansion plans for Canada and your current supply chain? With my background, I can help your company’s expansion plan proceed as smoothly as possible. I look forward to hearing from you.

 

Sincerely,

 

Nick Kossovan

LinkedIn profile: https://www.linkedin.com/in/nickkossovan/

Second value proposition letter example (265 words):

Dear [Executive],

I am writing to express my interest in bringing my sales skills to Prescott Pharmaceuticals. With over 24 years of pharmaceutical industry experience, 16 with Edgars Industries, I have a track record of successfully selling pharmaceutical products to healthcare providers and institutions.

As I am sure you are aware, Umbrella Corp. has expansion plans to come to Canada in the latter part of this year. Therefore, you and Prescott Pharmaceuticals’ leadership team are likely brainstorming how your company will maintain its current market share while staying ahead of Umbrella Corp.

Having someone like me, who has built a successful pharmaceutical sales career on the premises “relationships are everything” in the field, would notably differentiate Prescott Pharmaceuticals for Umbrella Corp.

My high-level achievements include the following:

  • Developed and executed business plans for various pharmaceutical products in the Prescott Pharmaceuticals portfolio targeting primary care and specialty physicians throughout Canada’s Atlantic region.
  • Exceeded sales targets by 10% every quarter and beat department averages by 25% every quarter for the past 7 years.
  • Grew market share by 20% for 30+ products in the Atlantic region. (my territory)
  • Generated an average of $18 million in revenue per year.
  • Two-time recipient of the Albert P. Johns internal company award for sales excellence.

As you can see, my core capabilities are selling a portfolio of pharmaceutical products and developing local strategic business plans to increase market volume.

I would happily jump on a call with you over the next few days. If nothing else, I can share insights about how I achieved the abovementioned results.

I look forward to hearing from you.

Sincerely,

Nick Kossovan

LinkedIn profile: https://www.linkedin.com/in/nickkossovan/

It is no secret that there is a lot of employee churn happening. Hence, you can be certain that most employers have several current, or soon-to-be, openings. So, put yourself in an employer’s shoes. If an opening suddenly arises, especially an unforeseen opening, say due to an employee moving on, what is more straightforward, posting the job opening and spending time shifting through 100s of resumes, mostly from unqualified job seekers and then conducting interviews, etc., or reaching out to someone who sent a value proposition letter?

Yes, some recipients will delete your letter. Some will forward it to HR, where it will languish in the “black hole,” however, there will be those who will email or call you, especially if your timing happens to be right. Incorporating sending value proposition letters as part of your job search strategy gives credence to the adage, “You have nothing to lose and everything to gain.” 

______________________________________________________________

 

Nick Kossovan, a well-seasoned veteran of the corporate landscape, offers “unsweetened” job search advice. You can send Nick your questions to artoffindingwork@gmail.com.

 

Business

Canada Goose to get into eyewear through deal with Marchon

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TORONTO – Canada Goose Holdings Inc. says it has signed a deal that will result in the creation of its first eyewear collection.

The deal announced on Thursday by the Toronto-based luxury apparel company comes in the form of an exclusive, long-term global licensing agreement with Marchon Eyewear Inc.

The terms and value of the agreement were not disclosed, but Marchon produces eyewear for brands including Lacoste, Nike, Calvin Klein, Ferragamo, Longchamp and Zeiss.

Marchon plans to roll out both sunglasses and optical wear under the Canada Goose name next spring, starting in North America.

Canada Goose says the eyewear will be sold through optical retailers, department stores, Canada Goose shops and its website.

Canada Goose CEO Dani Reiss told The Canadian Press in August that he envisioned his company eventually expanding into eyewear and luggage.

This report by The Canadian Press was first published Sept. 19, 2024.

Companies in this story: (TSX:GOOS)

The Canadian Press. All rights reserved.

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Business

A timeline of events in the bread price-fixing scandal

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Almost seven years since news broke of an alleged conspiracy to fix the price of packaged bread across Canada, the saga isn’t over: the Competition Bureau continues to investigate the companies that may have been involved, and two class-action lawsuits continue to work their way through the courts.

Here’s a timeline of key events in the bread price-fixing case.

Oct. 31, 2017: The Competition Bureau says it’s investigating allegations of bread price-fixing and that it was granted search warrants in the case. Several grocers confirm they are co-operating in the probe.

Dec. 19, 2017: Loblaw and George Weston say they participated in an “industry-wide price-fixing arrangement” to raise the price of packaged bread. The companies say they have been co-operating in the Competition Bureau’s investigation since March 2015, when they self-reported to the bureau upon discovering anti-competitive behaviour, and are receiving immunity from prosecution. They announce they are offering $25 gift cards to customers amid the ongoing investigation into alleged bread price-fixing.

Jan. 31, 2018: In court documents, the Competition Bureau says at least $1.50 was added to the price of a loaf of bread between about 2001 and 2016.

Dec. 20, 2019: A class-action lawsuit in a Quebec court against multiple grocers and food companies is certified against a number of companies allegedly involved in bread price-fixing, including Loblaw, George Weston, Metro, Sobeys, Walmart Canada, Canada Bread and Giant Tiger (which have all denied involvement, except for Loblaw and George Weston, which later settled with the plaintiffs).

Dec. 31, 2021: A class-action lawsuit in an Ontario court covering all Canadian residents except those in Quebec who bought packaged bread from a company named in the suit is certified against roughly the same group of companies.

June 21, 2023: Bakery giant Canada Bread Co. is fined $50 million after pleading guilty to four counts of price-fixing under the Competition Act as part of the Competition Bureau’s ongoing investigation.

Oct. 25 2023: Canada Bread files a statement of defence in the Ontario class action denying participating in the alleged conspiracy and saying any anti-competitive behaviour it participated in was at the direction and to the benefit of its then-majority owner Maple Leaf Foods, which is not a defendant in the case (neither is its current owner Grupo Bimbo). Maple Leaf calls Canada Bread’s accusations “baseless.”

Dec. 20, 2023: Metro files new documents in the Ontario class action accusing Loblaw and its parent company George Weston of conspiring to implicate it in the alleged scheme, denying involvement. Sobeys has made a similar claim. The two companies deny the allegations.

July 25, 2024: Loblaw and George Weston say they agreed to pay a combined $500 million to settle both the Ontario and Quebec class-action lawsuits. Loblaw’s share of the settlement includes a $96-million credit for the gift cards it gave out years earlier.

Sept. 12, 2024: Canada Bread files new documents in Ontario court as part of the class action, claiming Maple Leaf used it as a “shield” to avoid liability in the alleged scheme. Maple Leaf was a majority shareholder of Canada Bread until 2014, and the company claims it’s liable for any price-fixing activity. Maple Leaf refutes the claims.

This report by The Canadian Press was first published Sept. 19, 2024.

Companies in this story: (TSX:L, TSX:MFI, TSX:MRU, TSX:EMP.A, TSX:WN)

The Canadian Press. All rights reserved.

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TD CEO to retire next year, takes responsibility for money laundering failures

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TORONTO – TD Bank Group, which is mired in a money laundering scandal in the U.S., says chief executive Bharat Masrani will retire next year.

Masrani, who will retire officially on April 10, 2025, says the bank’s, “anti-money laundering challenges,” took place on his watch and he takes full responsibility.

The bank named Raymond Chun, TD’s group head, Canadian personal banking, as his successor.

As part of a transition plan, Chun will become chief operating officer on Nov. 1 before taking over the top job when Masrani steps down at the bank’s annual meeting next year.

TD also announced that Riaz Ahmed, group head, wholesale banking and president and CEO of TD Securities, will retire at the end of January 2025.

TD has taken billions in charges related to ongoing U.S. investigations into the failure of its anti-money laundering program.

This report by The Canadian Press was first published Sept. 19, 2024.

Companies in this story: (TSX:TD)

The Canadian Press. All rights reserved.

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