Measuring profitability by enterprise gross margin is a sledgehammer approach to a problem requiring nuance and precision.
With the right technology, sales teams can produce better results — for the customers, the sales reps and your bottom line.
Learn the secrets to successful strategic pricing implementation and get the results you need with buy-in from your entire team.
Distributors who regularly solicit their customers’ input via customer surveys gain important insights for decision-making.
Marketers need to learn that when sales and marketing fight, sales wins. Even when they’re wrong.
Distributors need to recognize the role marketing professionals can play in meeting customer expectations. If they don’t, they’ll quickly become irrelevant.
Customer loyalty and incentive programs can help wholesale distribution companies build meaningful relationships with their customers to gain mindshare and wallet share.
As of yet, the Digitally Native Vertical Brand is not common in B2B markets. But B2B channels can learn from the success of DNVBs.
If you aren’t building high-tech platforms that make it hyper-efficient for your customers to execute simple transactions, you’re losing the game. But simply adopting a high-tech model isn’t the answer either.
You’ll know you’re stuck in a brand graveyard if your customers only buy a small percentage of your product offering, only buy big products from you but not accessories to those, and buy infrequently.