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Analog selling in a digital
world
Progressive distributors
earn business the old fashioned way but use digital tools to drive productivity.
by Dave Griffith
Imagine sitting in your living
room at night, checking your company’s e-mail system and discovering that a
publicly held company sent you a request for proposal
(RFP) on a major integrated supply deal. You
log on to your marketing database to check for recent activity with that
customer, taking special note of orders involving your company’s preferred
suppliers.
Then, you do a quick search of
the Internet to find
the latest 10-K form that reports financial results and other pertinent
information about the company.
After responding to the
customer’s e-mail with a
note of thanks and a promise to call the next morning, you search your
company’s electronic library of PowerPoint presentations about your
company’s
integrated supply capabilities.
Finding what you need, you open
the presentation, insert the name of the company and its logo on the
cover page and save it under a different name.
After consulting your
electronic day timer to check your schedule for the next day, you dash off an
e-mail to your executive staff inviting them to a strategic planning meeting to
discuss your response to the RFP. You attach the financial information you found on the
company’s Web site, a copy of the original RFP and the updated PowerPoint
presentation. You send a separate
e-mail to the senior executive of your biggest supplier, asking for his help in
developing a proposal for the customer.
At the office the next day, you
check your e-mail and discover that all of the e-mails you sent from home the
night before have been received and opened.
Two of your three executive staff members confirm they can attend the
meeting you scheduled that afternoon, the third can’t get out of a previously
scheduled customer visit, but promises to read through the attachments and call
from the road to participate in the meeting by phone.
You then telephone the customer to collect additional information and
inform him that your staff is already hard at work on a response to the RFP.
Does the scenario described
above sound anything like how your company conducts business?
If not, you owe
it to yourself to begin investigating ways that digital
technology — using readily available, affordable,
off-the-shelf software — can streamline your sales,
marketing and operations processes.
Technology
toolbox
Technology has transformed the
way most distributors do business. It’s
hard to imagine doing some applications without computers.
Virtually every industrial distributor uses computers for functions such
as order entry,
inventory management, accounting, word processing
and e-mail. Add to that the
Internet, PowerPoint, pagers and even wireless products, and you begin to
realize the power available to distributors.
The key to benefiting from
technology is having a computer-literate work force.
In order to reap the rewards of technology, you must invest in ongoing
training and support, and integrate technology into
your processes.
That doesn’t mean that your
goal should be to develop an all-encompassing e-commerce site for customers to
order products without ever talking to a live person.
Don’t confuse e-business with
e-commerce.
E-commerce is about having a Web site where
customers can make transactions. E-business
is about using all of the digital tools available to you, including marketing
databases, e-mail, print-on-demand brochures, Excel pricing worksheets and other
tools that enable you to conduct business more efficiently.
Although some people look at
technology as a way
to lower costs by reducing the amount of human
interaction required, there are ways to utilize technology to make your people
even more accessible to customers. For
example, listing e-mail addresses on all of your
business cards, equipping salespeople with cell phones, pagers and laptop
computers makes it easy for customers and co-workers to communicate with one
another
and gives them access to the information they need
when they need it.
Posting e-mail addresses of key
staff members on your Web site so customers can reach a real person rather than
an impersonal “info@yourcompany.com”
mailbox address tells visitors they’ll get
personal attention.
What ways can you think of to
take
advantage of technology tools? How
about using your Web site to promote not just the products you sell but the
services your
company offers? Visitors to your
site can read about training you provide, check the schedule of upcoming
training seminars, request
additional information or even sign up for
a class online.
Why not take advantage of your
staff’s
product and applications knowledge by
creating an “Ask the Expert” section of your Web site?
Post the name and photo of your resident experts and invite site visitors
to
submit their technical questions. Over
time, you’ll develop a library of
frequently asked questions and answers, making your site a place where visitors
will want
to return often. When they do,
they’ll learn more about your newest products, services and special offers.
These are just a few ways to
get you thinking about how to put today’s technology tools to work for you.
Technology won’t ever replace
human interaction
and never should. This is still a
people business that requires hands-on attention to individual customer needs.
But used
properly, technology can help distributors achieve their goals of retaining and
delighting customers, maintaining
or growing margins and driving productivity
improvements.
Dave
Griffith is president and CEO of Modern Group Ltd., Bristol, Pa., a holding
company with interests in the material handling distribution, rental,
construction and municipal industries. Reach him at (215) 949-9251 or via e-mail at
griffithd@moderngroup.com.
This article originally appeared in the
May/June 2002 issue of
Progressive Distributor. Copyright 2002.
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