Strategy

What Manufacturers Can Learn from Fastenal’s Go-to-Market Strategy

James Dorn details how Fastenal's digital transformation story has kept it ahead of the curve of customer demands.

June 1, 2022

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James Dorn details how Fastenal's digital transformation story has kept it ahead of the curve of customer demands.

James Dorn details how Fastenal’s digital transformation story has kept it ahead of the curve of customer demands.

Fastenal’s 2022 first quarter financial report

shows the evolving need for manufacturers to adjust their sales plans and tactics for distributors. About 10 years ago, the B2B distribution business was simple: The more calls your outside account managers could make on customers, the more those customers would buy. You built your sales process on this foundation of face-to-face interactions. Pre-smart phone your team was a key driver of customer training and you marketed to the end customers using events, counter days, and hands-on lunch-and-learn training. Relationship selling dominated and…

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