Last week we shared highlights from our recent research on the State of Volume Rebates and mentioned our upcoming webinar that will share the findings from both distributors and manufacturers. But, given the importance of rebates to the net profitability […]
Yes, I know the headline is provocative, however, the goal was to get your attention. The “drug” I’m talking about has been around for almost 60 years in the electrical industry. It’s rebates. Rebates went “mainstream” for electrical distributors in […]
When talking to sales and marketing people and you ask “Are you a prospector” people, somewhat naturally think “sales prospecting. From a business perspective, there are at least four types of prospectors. There are: Sales Prospectors. These are “hunter-oriented” salespeople […]
Over the past few years distributors have financially benefited from a confluence of macro-industry events to achieve high net profit. An element of this is their rebate dollars. And recently a few people have commented, and I paraphrase, “distributors have […]
As those in the electrical distribution channel know, rebates have become an integral part of many discussions. For distributors, in most cases, they have become an expectation, perhaps best defined as a “requirement to do business with them” for many […]
COVID accelerated many distributors’, and manufacturers’, interest in investing in technology. Coincidentally, just before COVID, NAED released it’s Building a Connected Business report and NEMRA released its Rep of the Future report (if you are a manufacturer or a rep […]
As every distributor knows, there is a labor and driver crisis in every market. It affects hiring warehouse staff as well as drivers. Today’s competition for labor is further exacerbated by competitive environments that can pay $20 / hour plus […]
The past few years have seen copper prices increase. A combination of construction increases, EVs and supply constraints have benefited distributors as the price of copper has risen. And with rising prices has come increased gross margin dollar windfall for […]
The NEMRA POS Minimum Reporting Standards gained four more endorsements in the first quarter. Why? Because sharing this information, and compensating reps appropriately based upon it, is the right thing to do for everyone in the electrical distribution channel/ Again, […]
The recently signed Infrastructure bill’s wide scope provides ample opportunity for project work in the electrical industry. Peter Ferrell, Manager/Connectivity & Data Policy for the National Electrical Manufacturers Association (NEMA), detailed the benefits of the bill and announced the creation […]
David Gordon
Channel Marketing Group
919-488-8635
