With summer, and Q3, coming to a close, what better time for electrical industry acquisition activity to ramp up. And while each company has its own rationale for why it did the deal, each represents an idea that could be […]
There are two seminal events that have impacted the electrical industry over the past five years … COVID and Consolidation. Both have significantly changed the industry. Covid accelerated revenues and introduced “work from home” which has created sales outreach challenges […]
Yanow, Inc., a leading electrical manufacturer representative serving the New England and Upstate New York markets, is pleased to announce the acquisition of Robert H. Schaub & Associates. The deal closed earlier this month. Robert H. Schaub & Associates, a […]
Twenty-five years ago, I was the Chairman for the Thomas & Betts Rep Advisory Board. This was back in the days when, rep input was solicited, and perhaps valued more. We were charged with assisting in the development of a […]
ChatGPT was launched November 30, 2022, but went “mainstream” in Q1 2023 when Microsoft made a significant investment into OpenAI. Since then either “AI is going to take over”, “many will lose their jobs”, “it’s a great tool to use” […]
In a move that shocked most in the industry, Prysmian announced its new independent manufacturer electrical sales rep network and all of them are new … the Encore sales organization! As everyone recalls, Prysmian surprised the industry with an announcement […]
Perhaps you remember the playing card game called 52 Pickup (and if you don’t, here’s a link to remind you.) With lighting agents having a minimum of 52 lines, it seems like they are updating their linecard regularly. And sometimes […]
Focused on generating demand for their manufacturers and delivering support for end-users that drives product usage (sales) for distributors, is the core value proposition for independent manufacturer representatives. As described in NEMRA’s 2020 Rep of the Future Report (and if […]
The second half of the year has started and the first week brought acquisitions / mergers and news that will, and could, influence many other factors. In most industry acquisitions, the acquisition of one company by another typically has most […]
George Santayana, the Spanish philosopher said, “if we don’t learn from history, we are doomed to repeat it!” Our economy is certainly changing quickly, as is our industry Many of us tried fighting the DIY market when they began selling […]
