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Industrial Supply Trends

Industrial Supply Trends

Insights to Inspire, Grow, and Profit.

Insights

Return to Basics Can Drive Sales

January 1, 2025 by David Gordon Leave a Comment

Sales Playbook

Recently Prokeep developed a sales playbook white paper for B2B distributors that is a great reminder of the sales basics that inevitably every salesperson, sales manager, branch manager and marketing department … forget. Companies, managers, and individuals forget because everyone is too busy supporting “the” customer, “the” opportunity, developing “the” next new marketing … [Read more...] about Return to Basics Can Drive Sales

What Industrial end customer trends are crucial for 2025?

December 23, 2024 by John Gunderson Leave a Comment

In 2015 when I was on the HD Supply distribution team, I started some research with the goal of getting feedback to make better pricing decisions with direct surveys for our associates. We were roughly a $2 billion dollar business trying to improve our GM% and profits. Over the past ten years that survey has grown in size and scope to include end customers, distributor … [Read more...] about What Industrial end customer trends are crucial for 2025?

10 Technology Trends for Industrial Distributors in 2025

December 19, 2024 by David Gordon Leave a Comment

Technology is an ever-growing element of improving customer experience and corporate profitability for a distributor. The days of only having an ERP and the equivalent of MS Office on a server are gone. Nowadays every function within the business benefits from technology and essentially there is now “an app for that” inferring if you can conceive it, there is technology that … [Read more...] about 10 Technology Trends for Industrial Distributors in 2025

Inventory Positions could be the top growth driver for industrial distribution in 2025

December 18, 2024 by John Gunderson Leave a Comment

Managing your inventory is the key to drive top-line sales and gross margin performance in 2025 – In a recent discussion with Brent Johnstone from ACTvantage we talked about how industrial distributors can increase gross margin without hurting top-line sales in 2025. When we both started into distribution, the prevailing thought for distributors and manufacturers in the B2B … [Read more...] about Inventory Positions could be the top growth driver for industrial distribution in 2025

Is your experienced associate led pricing model approaching a cliff?

December 8, 2024 by John Gunderson Leave a Comment

If your winning pricing model is still being led by just your experienced sales team, it is probably time to make changes for the future. I had the opportunity to sit in on an excellent Pricing certification session that kicked off recently with my friends and colleagues leading the session from ACTvantage: Senthil Gunasekaran and Pradip Krishnadevarajan. Senthil and Pradip … [Read more...] about Is your experienced associate led pricing model approaching a cliff?

Launching New Products Effectively

December 6, 2024 by David Gordon Leave a Comment

Supporting New Product Launches with Sales Investments

Channel Marketing Group's Gene Biben, with over 40 years' experience in helping manufacturers generate demand for new products, recently shared some thoughts on effectively launching new products and a major flaw in many manufacturers' product launch strategy ... not properly funding the launch strategy with an appropriate sales investment. He uses an experience he had in … [Read more...] about Launching New Products Effectively

Building and Keeping a Winning Culture Through Leadership

December 4, 2024 by David Gordon Leave a Comment

Leadership - Boston Celtics

The famous Peter Drucker said "culture eats strategy for breakfast." The one thing he didn't say, but inferred, is that culture stems from great leadership. In a time where seemingly everyone is running faster than ever and, for much of your staff, 2024 may have been a grind, a strong culture that is reinforced by appreciative leadership, is critical. Consider today's … [Read more...] about Building and Keeping a Winning Culture Through Leadership

Embrace Change to Adopt AI and Improve Profits in the Industrial Channel

December 3, 2024 by David Gordon Leave a Comment

Change to Integrate AI

The concept of digital transformation, let alone AI, as a future driver for your organization is probably a folly unless … You have a leader, and leadership team, which believes in change. There are two key words in the above sentence … “leadership” and “change.” Leadership infers vision, an ability to perceive “need,” an entrepreneurial mentality that desires growth, … [Read more...] about Embrace Change to Adopt AI and Improve Profits in the Industrial Channel

Update – AD Enters Leadership Training Arena; Association Competition?

November 30, 2024 by David Gordon Leave a Comment

AD leadership training program

We wrote the below article for our other CMG Trends Publications (Electrical and HVACRtrends) that we wanted to update with new news. AD News: AD’s Center for Independent Distributor Leadership Launches Second Cohort of Leadership Experience Program. In November of 2024 AD announced the continuation of this program. The points in our original article are confirmed as we move … [Read more...] about Update – AD Enters Leadership Training Arena; Association Competition?

Why do strong B2B Industrial distributor websites fail

November 29, 2024 by John Gunderson Leave a Comment

Your website journey is often the most difficult journey for a B2B Construction focused distributor.   By Jason Capshaw and John Gunderson The digital journey for some Industrial distributors started like a race where you psyche yourself up for the 100 Yard Dash. What often starts as what you think is a sprint actually turns into a 110 meter hurdle race. For many distributors … [Read more...] about Why do strong B2B Industrial distributor websites fail

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