Read NAW's July letter to Congress | Wakefern among distributors on top 100 co-op list | Fastenal experiences rebound in e-commerce sales
Created for [email protected] |  Web Version
October 21, 2020
Connect with NAW LinkedInFacebookTwitter
NAW SmartBrief
News for the wholesale distribution industrySIGN UP ⋅   SHARE
ADVERTISEMENT
Top Story
Applico CEO Alex Moazed discusses the recent congressional report on digital competition and antitrust, including Amazon's structure, actions with regard to third-party sellers and what it might mean to regulate Amazon as a monopoly. The congressional report cites the National Association of Wholesaler-Distributors several times.
Full Story: YouTube/Applico (10/14) 
LinkedIn Twitter Facebook Email
Wakefern Food and Associated Wholesale Grocers were fourth and fifth, respectively, in the National Cooperative Bank's annual ranking of the top 100 cooperative businesses in the US. The top 20 also included distributors such as Ace Hardware, Do-it-Best and Associated Food Stores.
Full Story: Progressive Grocer (10/19) 
LinkedIn Twitter Facebook Email
Fastenal customers came back to e-commerce in the third quarter, accounting for roughly the same share of sales as in March. "The trends are telling me the environment we operate in is healing itself, is improving and again safety has provided an incredible bridge as we've gone through this," CEO Dan Florness said.
Full Story: Digital Commerce 360 (10/19) 
LinkedIn Twitter Facebook Email
How retailers should embrace the new normal
The pandemic has reshaped consumer behaviors and the customer experience, most likely permanently. As we look to 2021, retailers need to focus on planning for the future with strategies that meet both the immediate and long-term needs of their customers and maximize the potential of all their sales channels. Join SmartBrief and retail industry experts to explore how the retail landscape has changed this year and how retailers can succeed in 2021.
ADVERTISEMENT
Operations and Technology
Amazon has successfully used artificial intelligence in its search function to provide "high-quality, highly-relevant results" that generate more revenue compared with its competitors, writes Benj Cohen. "If you can't help your customers find the items they want as well as Amazon can, then you won't have those customers for long," he writes.
Full Story: Modern Distribution Management (tiered subscription model) (10/19) 
LinkedIn Twitter Facebook Email
Sales and Marketing
Marketers should adopt a growth marketing strategy during the pandemic and focus on relationship-building and nurturing to drive loyalty, David Greenberg writes. Use dynamic behavioral segmentation to deliver messaging based on real-time behavior and create customer experiences that make prospects feel nurtured and supported, he advises.
Full Story: ClickZ (10/16) 
LinkedIn Twitter Facebook Email
Distributors should explain to salespeople how e-commerce platforms can help them better serve customers and create incentives to get them to use the technology, writes Dean Mueller of Distribution Strategy Group. Salespeople "develop sophisticated solutions for their customers" to solve their problems, he argues.
Full Story: Distribution Strategy Group (10/19) 
LinkedIn Twitter Facebook Email
The Business Leader
How to keep viewers from tuning out your presentation
(Vittorio Zunino Celotto/Getty Images)
A good way to keep attendees focused on your video presentation is to vary the content -- using charts, lists, wording, storytelling -- and change it up every two to four minutes, suggests William Arruda, a founder of CareerBlast. Then go through the presentation and see where video or pictures would be an even better way of conveying the message.
Full Story: Forbes (10/19) 
LinkedIn Twitter Facebook Email
NAW Insider
Missed yesterday's NAW webinar? Watch on demand now
(NAW)
If you weren't among the hundreds who registered for yesterday's webinar, "Distributor Suppliers Speak Out on Disruption, New Channels and Who Will Win," then you will want to watch it on demand. On this 60-minute webinar, which was based on original research with manufacturers during COVID-19, Ian Heller and Jonathan Bein shared some fascinating insights about how manufacturers view the emerging technologies that are transforming distribution channels. Some of those insights are alarming for distributors. Also read the research report that accompanies the webinar. Sponsored by Unilog.
LinkedIn Twitter Facebook Email
Sign up now for the NAW Fall 2020 Billion Dollar Company Virtual Roundtables
(NAW)
Designed for C-suite executives, these virtual roundtables provide actionable strategies that will help put your COVID-19 recovery plan in place. Companies belonging to this community are from distribution firms that exceed $1 billion in annual sales. You'll engage in robust conversations with your peers and hear from industry experts on topics to help your business transition to the new normal -- all in the comfort of your own office/home. Register today.
LinkedIn Twitter Facebook Email
"How Technology Will Transform Wholesale Distribution" - 7 reports and 7 webinars in 7 months
(NAW)
Are you ready for the technology that is transforming distribution? With the influx of new competitors and new technologies, changes are happening at warp speed. In this NAW series of seven research reports and seven accompanying webinars in seven months, distribution expert Ian Heller will help you to gain the intelligence you need to formulate new strategies and ensure that your company thrives through this era of technology transformation. You've got seven months, so let's get started. Sponsors include Unilog, SAP, Conexiom and Mirakl.
LinkedIn Twitter Facebook Email
LEARN MORE ABOUT NAW:
Join NAW | Publications | Events | Legislative Issue Briefs
Business Services | NAW Career Center | Blog
NAW CAREER CENTER
  Vice President of Operations
ROBERTS OXYGEN CO., INC. - Rockville, MD, US
View More Listings | Post a Job
Learn more about the NAW Career Center with this quick overview.
Sharing NAW SmartBrief with your network keeps the quality of content high and these newsletters free.
Help Spread the Word
SHARE
Or copy and share your personalized link:
smartbrief.com/naw/?referrerId=lfbdlNyHyu
To live is the rarest thing in the world. Most people exist, that is all.
Oscar Wilde,
writer, playwright
LinkedIn Twitter Facebook Email
SmartBrief publishes more than 200 free industry newsletters - Browse our portfolio
Sign Up  |    Update Profile  |    Advertise with SmartBrief
Unsubscribe  |    Privacy policy
CONTACT US: FEEDBACK  |    ADVERTISE
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004