Systemax CEO expects pandemic products to stay | Staples holding contest for would-be suppliers | American Tire Distributors speeds up delivery with OneRail
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December 1, 2020
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Top Story
Systemax has succeeded during the pandemic by building on the "Accelerating the Customer Experience" strategy it introduced last year and creating "permanency within the pandemic category," CEO Barry Litwin says. The distributor has also introduced new customers to other products besides pandemic-related purchases.
Full Story: Modern Distribution Management (tiered subscription model) (11/25) 
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Staples is seeking proposals from suppliers of work-at-home products and services and will choose an unspecified number to participate in a virtual event with corporate buyers in February. The event is being run by the company's Staples Connect program.
Full Story: Digital Commerce 360 (11/30) 
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Operations and Technology
Some distributors can increase sales by creating individual e-commerce marketplaces or teaming up with others to launch them, write Ian Heller and Jonathan Bein of Distribution Strategy Group. They note that distributors with the greatest variety of inventory are more likely to be successful.
Full Story: Distribution Strategy Group (11/25) 
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Installment-payment services such as Quadpay, Afterpay and Klarna can drive customers to merchant websites, says Ralph Andretta of credit-card company Alliance Data Systems Corp. Consumer advocates and regulators have started scrutinizing the companies, which make money when merchants pay a percentage of each sale or when consumers rack up late fees.
Full Story: BNN Bloomberg (Canada) (11/24) 
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Sales and Marketing
The B2B Institute's Peter Weinberg spoke at The Drum's online B2B World Fest conference about why it's necessary for business-to-business marketers to focus on long-term brand building. As prospects increasingly conduct their own online research, it is "unnecessary to serve all of this product messaging," he said, adding, "Instead, it's just about using brand advertising to get into the consideration set."
Full Story: Warc (London) (11/25) 
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Business-to-business marketers should employ automation to more effectively score leads based on their online behavior and to identify the most successful nurturing tactics, Anthony Gaenzle writes. Gaenzle also explains how automation can improve social, email and website marketing.
Full Story: Business 2 Community (11/26) 
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The Business Leader
Long-term plans for technology, localized supply chains and the ability to quickly pivot production have helped companies such as furniture maker Ethan Allen and pizza maker Domino's survive the pandemic, write Jennifer Pellet and Dale Buss. "If our focus was three to five years, like most companies, we would do like everyone else and go after higher margins by buying products made in East Asia," says Ethan Allen CEO Farooq Kathwari.
Full Story: Chief Executive online (11/24) 
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Bezos: Sometimes it's best to "disagree and commit"
Bezos (Mandel Ngan/Getty Images)
Amazon CEO Jeff Bezos says his company is different because it thinks three years ahead and is unafraid to escalate "one-way," irreversible decisions to the highest levels, which requires one party to eventually "disagree and commit" to the plan. "And it's often the case that the more senior person should disagree and commit," Bezos writes.
Full Story: Fast Company (11/23) 
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Sign up now for the NAW Fall 2020 Billion Dollar Company Virtual Roundtables
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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.
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Double your learning with NAW’s latest free research report and webinar
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It's time to find out about "New Technology Frontiers for Distributors: Sizing Up Marketplaces and Becoming Digital Companies." NAW offers two free resources to get you in the know. Download NAW's just-released free 23-page research report and then watch our free webinar on demand. What does it mean to be a "digital distributor" and how should you change your strategy due to the explosive growth of marketplaces like Amazon Business, Google Shopping, Walmart.com and many others? Get your answers! Sponsored by Unilog, SAP, Mirakl.
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Mark your calendar: NAW Digital Summit, Jan. 27-28
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Join your distributor colleagues for the NAW Digital Summit, Jan. 27-28, a welcoming forum to network, learn and share ideas. We'll have a condensed schedule packed with critical areas of focus that you must consider when bracing for an unpredictable future, including the Annual Economic Update and a Post-Election Analysis with an exploration of what the new landscape means for your business. The always-popular discussion roundtables will help you uncover new ideas about leading in a time of transition. Sign up and we'll notify you when registration is open.
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Tony Hsieh,
entrepreneur, former CEO of Zappos
1973-2020
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