Avoid Sales Pitfalls - Modern Distribution Management

Avoid Sales Pitfalls

Distributors face issues that can make every day feel like a struggle. The first step to overcoming these issues is to define them. Here are four common problems that can be prevented.
Kristen-Gawalis-MDMBlog

Distributors face issues that can make every day feel like a struggle. The first step to overcoming these issues is to define them. Here are four common problems that can be prevented:

·  Data-free discussion: You repeatedly talk about market share and whether you are getting as much as you can out of specific accounts in sales, marketing and management meetings, often with no actionable result.

·  Shotgun selling: Your salespeople have too many accounts and a diluted focus that too often causes a presentation spray-paint approach. They also spend too much time selling to existing customers without a clear agenda.

·  Sales silos: Your salespeople hold knowledge about their customers close to the vest; you don’t have a CRM system or an effective way to extract and share customer data across the organization.

·  Daily fire drill: You should get more intentional about marketing but are just able to keep up in this strong business cycle.

Once you've identified the problem or problems, be proactive. Plan how to allocate resources more effectively. Adding data to this discussion helps create a clear picture of your market share and even wallet share.

Industrial Market Information can help you define your market and wallet share. For more information, please email us at info@imidata.com.

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!