6 Traits of Highly Profitable Distributors
Throughout the promotional product industry, there are highly profitable distributors that are rock solid year after year. These companies consistently buck downward economic trends and outperform other firms.
What secrets drive their outstanding performance? Actually, there’s no secret at all.
Ownership Matters
- Many profitable distributors are owned by successful former sales reps
- A focus on sales carries throughout the organization and creates an environment of success
- The owner’s industry sales success gives him or her instant credibility with the sales team
Value of Customer Service
- Management and sales efforts must be focused on providing outstanding customer service and value
Out in The Field
- Owners and management look for chances to assist in providing leads, making joint sales calls, and closing deals for the benefit of the sales team
Not Afraid to Make Money
- Top companies thrive on making margin when a great value benefits their clients and sales reps alike
Integrity
- They don’t keep secrets from their team
- Too many owners blow years of credibility trying to grab a small piece of extra revenue
Clients Come First
- The focus of every department is supporting the work of the sales team and over-delivering for clients
Is your business highly profitable? If not, what are you going to do in the short, medium, and long-term to change that?
