Distributing Ideas, The NAW Blog
3 Success Factors Helpful in Building Your List of CRM Vendor-Selection Criteria
When I interviewed wholesaler-distributors for my book, Getting the Most Out of CRM, most executives described selection processes that are practical, flexible, and not overly burdened with formal requirements or procedures. That’s not to say that these approaches were necessarily swift, however. Some were, but almost all wholesaler-distributors emphasized that making the best possible choice [...]
Your One-Two Punch for Digital Competitiveness
In today’s fast-changing markets, the adoption and use of digital tools are helping wholesaler-distributor executives position their companies for increased profits through superior customer experiences and differentiated, productive, and efficient services. Success is about having a digital strategy and following through with smart execution. It’s about knowing where to go … and how to get [...]
3 Reasons Why Successful Distributors Adopt CRM
In writing my book, Getting the Most Out of CRM, I asked distributors to describe the rational for their “go” decision to adopt Customer Relationship Management (CRM), and they gave me three: 1. Adopt it because it’s the right thing to do Even if a wholesaler-distributor can’t envision how CRM will immediately improve the performance of salespeople, there is a nearly universal [...]
3-Step Process for Developing a Value Strategy
Here’s a three-step process for developing a value strategy for leveraging information, improving productivity, and positively affecting a wholesaler-distributor’s business results.Our interviews with wholesaler-distributors revealed fundamental decisions around the range of solutions offered to customers (supply-focused vs. business-wide) and productivity or relationship tradeoff s [...]
12 Benefits of Digital Tools Identified by Distributors
Digital tools: 1. Strengthen the firm’s offerings 2. Provide a platform for competitive differentiation 3. Enhance solutions offered to customers 4. Help to expand the base of served customers 5. Better the customer experience 6. Capture value through margins and growth 7. Assist to improve business process quality and efficiency 8. Enrich organizational collaboration and culture 9. [...]
How to Compete with Internet-savvy Distributors
Gearing up to compete with Internet-savvy disruptors involves three planning priorities: 1. Measurable importance. Take a fresh look at customers that may be migrating away from your business, and make sure that your offerings are important to those customers. Then, measure the value in the difference it makes in the customer’s business. These customers may have purchased from you because [...]
